CommonFloor Brand Activation At Bengaluru’s Top IT Parks

Aug 8,2019 / By Prahalad Singh / No Comment

CommonFloor Brand Activation At Bengaluru’s Top IT Parks

Once again CommonFloor comes up with new ideas and thoughts. They have organized several events in various Residential Societies of north and south Bangalore to motivate & appreciate the people of the societies. Last quarter, they conducted an event in Bengaluru’s top IT Parks such as Manyata Embassy Business Park, Bagmane Tech Park, Cyber-Tech Park, RJA Tech Park, etc.

The events conducted by CommonFloor as “CommonFloor Brand Activation At Bengaluru’s Top IT Parks” is one such event that witnessed an amazing response amongst various IT Parks of Bengaluru. CommonFloor brand activation event designed to cater to the property and automobile by brand building and focusing on generating footfalls and enquiry for your products.

The main motto of conducting this event to showcase the product to reach “N” numbers of the potential targeted audience of IT employees and to tell about the product and services which helps in growing business and generating a fair number of leads which helps in conversion for a brand to grow their business.

CommonFloor helps in reaching all the Tech Parks in Bengaluru as well as other cities of India which caters to the needs of the brand according to their visibility of marketing. Hence, in this way, CommonFloor helps in reaching multi-national companies, and R&D Companies helping brands to display product & services.

The blend of Tech Park & Society Activation provides executors with an excellent opportunity to generate new business & build the pipeline by generating a genuine enquiry on spot.

Once again CommonFloor thanks an appreciates the enthusiasm shown by the IT employees for making the event grand successful and encourages us to organise many more events like this in the days to come.

Ghaziabad Civic Body Slashes Flat costs over 50% in Madhuban Bapudham

Aug 5,2019 / By Prahalad Singh / No Comment

Ghaziabad Civic Body Slashes Flat costs over 50% in Madhuban Bapudham

Good news for you if you are planning to buy a house in Ghaziabad. Now you can buy EWS and LIG Flats of Madhuban Bapudham Yojana at 55% lower price. Ghaziabad Development Authority (GDA) is launching a one-month long online scheme on August 5. The applicants whose name will be selected will get EWS for 4.5 lakh and LIG flat in 10.80 lakhs.

Ghaziabad Development Authority (GDA) has housing units in Indirapuram, Swarnjayantipuram, Vaishali, Nandgram, Indraprasth, and Madhuban Bapudham. The reason behind issuing of the scheme is to attract home buyers for some time now as GDA’s properties have failed to attract buyers in the past.

To attract home buyers for its properties, the Ghaziabad Development Authority had planned to framework a Madhuban-Bapudham housing scheme in 2004 after getting 1234 acres of land. Later, in many pockets, EWS and LIG have been built. Out of this, 466 EWS and LIG have not been sold yet. Now the Ghaziabad Development Authority slashed the flat rate following a state government’s order.

An EWS flat that was previously priced nearly Rs.10 lakh will now be available for Rs.4.5 lakh. Similarly, the price of a LIG flat has been decreased from Rs 23 lakh to Rs.10.8 lakh.

As per the GDA official data, there are 296 EWS and 170 LIG flats in Madhuban Bapudham. Those whose annual income up to Rs 3 lakh can apply for an EWS flat; for LIG flats, the limit is Rs 6 lakh per annum. The scheme will be opened to the public for a month from August 5 2019.

At the same time, the authority was selling them according to the cost experienced in making them. Earlier, the state government has instructed the EWS and LIG buildings to be sold according to the mandate.

It is really a big step to provide affordable houses to its residents at such a lower price. Besides, the selected applicants will have to pay just 10% initially and the rest of the balance amount can be paid in instalments in a given time period. GDA officials say that the first price was double, but now the price has been cut.

Image Sources: livehindustan.com

PM Urges Bureaucrats to Remove Difficulties to Achieve “Housing for All by 2022” Mission

Aug 1,2019 / By Prahalad Singh / No Comment

PM Urges Bureaucrats to Remove Difficulties to Achieve “Housing for All by 2022” Mission

Yesterday, PM Narendra Modi In the first “Pragati” review meeting of his 2nd term in PMO Office, repeated his government’s commitment to the “Housing for All by 2022” mission. PM also reviewed the progress of public grievances associated with the Pradhan Mantri Awas Yojana (PMAY-U).

The Prime Minister asked for dialogue with states which could help in resulting best exercises and further changes in the scheme.

Stressing the importance of Jal-Shakti, the Prime Minister also directed states to appeal maximum efforts towards water conservation, mainly during the current monsoon season.

He further recommended a feedback collection process utilizing technology wherein people with disabilities can provide information about inaccessible public premises.

This was the first meeting of Pro-Active Governance and Timely Implementation (Pragati) in Modi’s 2nd term in office.

He emphasized on the resolve of his government to assure that no family will be left without a home by 2022, and advised the officers to work energetically towards this goal, and remove all difficulties coming in the way.

Towards this end, Modi also examined the resolution of public grievances associated with the Department of Financial Services.

The PM also reviewed the working of the government’s desirous health insurance scheme Ayushman Bharat. He was notified that around 35 lakh beneficiaries have got the advantage of hospital admissions and over 16,000 hospitals have connected the scheme so far.

He tried to know what steps are being taken to control special cases of cheating and fraud, and I’ll-usage in this scheme.

Reviewing the improvement in Sugamya Bharat Abhiyan, the prime minister suggested for use of technology to develop a device to collect feedback from differently-abled on approachability problems being suffered by them in public premises.

The progress of 8-important infrastructure projects has been reviewed by the PM Modi in the railway and road sectors. These projects are span across various states including Bihar, Uttar Pradesh, Madhya Pradesh, Maharashtra, Odisha, Himachal Pradesh, and Gujarat, the statement said.

Driving Factors in Kolkata’s Residential Real Estate

Jul 30,2019 / By sunil deo / No Comment

Driving Factors in Kolkata’s Residential Real Estate

Kolkata, the state capital of West Bengal is one of the fourth most populous cities of India. Popularly referred to as the town of joy, the land is wealthy in its culture and tradition. When it comes to its real estate scenario, the city is witnessing rapid growth in all the segments ranging from high end to affordable properties.
City’s property market witnessed a couple of major enhancements in seeing that all the important estate market players have up their game, and are actively participating in this multi-core market.

The real estate sector in Kolkata, according to statistics, has shown a growth of 11% on a yearly basis.
There has additionally been the expansion of diverse townships. The Garia Baishnabghata Patuli township, the Behala township, the Alipore township and the currently emerging township in Rajarhat, New Town, Joka, Garia, Sonarpur, Barasat are a few examples.

This rising administrative district additionally provides cheap rent and fairly priced property compared to property costs in different metropolitans. The demand for property has seen a tremendous spike ever since the construction of the Metro Railways. There is already a metro corridor that connects Dum Dum to Tollygunge and was later extended to connect Noapara to Garia. The metro corridor currently under construction, also known as the East-West corridor will connect Salt Lake to Howrah, making connectivity a dream come true for commuters.

Kolkata is basically an End-user market and shown rapid growth in affordable housing in recent few Quarters. People living in B towns and working in Kolkata are preferring to buy property in the outskirts of Kolkata. The main reason for this is the affordable prices of properties in the outskirts.

Insights by:
Mukesh Agarwal
Director, Maa Durga Properties

UP RERA is Set to Propose Stress Fund to Complete Pending Real Estate Projects

Jul 30,2019 / By Prahalad Singh / No Comment

UP RERA: Set to Propose Stress Fund to Complete Pending Real Estate Projects

In the initial step towards providing some relief to homebuyers, the Uttar Pradesh Real Estate Regulatory Authority is ready to propose the stressed fund to complete real estate projects.

After submitting the proposal at its board meeting in Lucknow, the regulator will open it for suggestions, after which it is likely to assign it to the Uttar Pradesh government.

Homebuyers who have invested in various projects of unadorned groups like Amrapali, Jaypee and 3C have been demanding a stress fund to support cash-strapped builders with initial liquidity.

As much as 30,741 flats awaiting completion by Amrapali whereas Jaypee has 22,500, and 3C has 6,500 units respectively. However, the state or central government has not given any response to homebuyers demand.

UP-RERA members told that given the poor financial position of some of the projects in Noida and Greater Noida, it could be very difficult for any firm to come on board to assist complete construction without financial support from the government.

UP-RERA member Balwinder Kumar told that they have formed a proposal. Though, it will be considered collectively by the entire board on 29th July in Lucknow. While the authority takes its way to deal with the injustice by the builders towards the buyers, we as a real estate regulator will take a fair and positive stand. Our main goal is to support buyers get their flats. Whenever we can, we will arbitrate to help completion.

Category : Real Estate News

CommonFloor Brand Activation At Bengaluru’s Top IT Parks

CommonFloor Brand Activation At Bengaluru’s Top IT Parks

Ghaziabad Civic Body Slashes Flat costs over 50% in Madhuban Bapudham

Ghaziabad Civic Body Slashes Flat costs over 50% in Madhuban Bapudham

PM Urges Bureaucrats to Remove Difficulties to Achieve “Housing for All by 2022” Mission

PM Urges Bureaucrats to Remove Difficulties to Achieve “Housing for All by 2022” Mission

Driving Factors in Kolkata’s Residential Real Estate

Driving Factors in Kolkata’s Residential Real Estate

UP RERA is Set to Propose Stress Fund to Complete Pending Real Estate Projects

UP RERA: Set to Propose Stress Fund to Complete Pending Real Estate Projects