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Ahmedabad slums re-housing may take generations

Ahmedabad slums re-housing may take generations
According to a research paper, it may take an entire generation to rid Ahmadabad of slums and re-house the 4.2 lakh households living in the slums. Factors like the existing policies and pace of work are also responsible for this. The research paper had a team of seven members who authored the working paper. It stated that the city’s housing stock increased [...] Continue Reading »

Delhi NCR witnesses boom in real estate

Delhi NCR witnesses boom in real estate
Real estate sector of Delhi NCR remained upward in 2012. Places such as Gurgaon , Faridabad, Noida and Greater Noida witness new launches in the first quarter 2013 and have grown as the new residential areas. Land Craft Developers said that after getting good response for their two projects – River Heights in Raj Nagar [...] Continue Reading »

New residential project near Hitech city by Janapriya

New residential project near Hitech city by Janapriya
Hyderabad – A new residential project named “Janapriya Classic” is coming up  by Janapriya Engineers near Hitech city. This project sprawls across 3 acres with enough greenery. It offers three bedroom apartments spread over three building of five floor each. The size of these apartments varies between 1125 sq ft to 1250 sq ft and are [...] Continue Reading »

Gera launches luxury residential project in Pune

Gera launches luxury residential project in Pune
Gera Developments Pvt. Ltd. has launched its new premium residential project, Gera’s Trinity Towers in Pune. It is located in Kharadi in Pune. The project offers 2, 3, 4 BHK luxurious apartments. The 3 BHK apartments are offered in the size range of 1976 sq ft area. Gera’s Trinity Towers offers world class amenities like [...] Continue Reading »

Sobha Indraprastha: Luxurious project by Sobha Developers

Sobha Indraprastha: Luxurious project by Sobha Developers
Sobha Developers has launched its new luxurious residential project ‘Sobha Indraprastha’ in Rajajinagar. The project offers super luxurious 3 and 4 BHK apartments with built up area ranging from 1950 sq ft to 3773 sq ft. The price of the apartment starts from Rs 2.25 crore. This 419 feet tall skyscraper is strategically located at [...] Continue Reading »

Property transfer fee may increase in Kochi

Property transfer fee may increase in Kochi
Kochi- Kochi Corporation has put up a proposal of increasing building transfer fee in a measure to increase its fund-flow. In a city like Kochi, a large number of building transfers often take place, which are roughly around 3000 to 5000 per year. So the proposal of hike in building transfer fees is likely to [...] Continue Reading »

Property tax to trouble Patiala residents

Property tax to trouble Patiala residents
Patiala- The unit evaluation committee of Patiala Municipal Corporation (MC) has fixed the unit values of the properties per square metre according to five categories defined by the Punjab government. The property tax calculation will be done based on several parameters such as usage factor, type factor, structural factor, occupancy factor and most importantly, the [...] Continue Reading »

1BHK apartments in Bangalore see fresh demand

1BHK apartments in Bangalore see fresh demand
In Bangalore, the demand for 1 BHK flats is picking up. Previously, the demand for 1 BHK has been on the rise in areas such as Madivala and Mathikere, but in the last couple of months, new localities are seeing entry of developers with 1 BHK segment projects. Many reputed real estate biggies are entering [...] Continue Reading »

Property prices in Mumbai to be impacted by monorail project

Property prices in Mumbai to be impacted by monorail project
The long pending monorail project in Mumbai will be functional shortly. Trials are going on regular basis between Chembur and Wadala in Central Mumbai. Chief secretary of Maharashtra said that the test ride which was organised recently went successful and he witnessed the enthusiasm and the excitement of the Mumbaikars to ride a Mono Rail. [...] Continue Reading »

15% reserve for affordable housing faces opposition

15% reserve for affordable housing faces opposition
Bhubaneswar- Odisha developers are suspicious with the state government’s plan of developing one lakh affordable houses in 10 years. The government had initiated ‘scheme for affordable urban housing in Odisha-2012′ which directs developers to reserve 15 percent built-up space for developing residential units for economically weaker section (EWS) and lower income group (LIG). But the [...] Continue Reading »



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