Cities
Chennai- Thiruvanmiyur is a popular and well developed residential area of South Chennai. This area has a great demand for luxury residential apartments as it offers great connectivity to the IT corridor OMR and city center. Thus, it is one of the most preferred residential areas in south Chennai. This area provides wide range of properties and healthy [...] Continue Reading »
Both domestic and global real estate players have signed memorandum of understandings (MoUs) of about Rs 1.34 lakh crore in the affordable housing and construction industry. Totally eight MoUs have been signed for various verticals in housing and construction, including affordable housing technology, pre-cast construction technology and slum rehabilitation. Affordable housing sector saw the maximum [...] Continue Reading »
Ahmedabad- Residential real estate sector of Ahmedabad has observed a fall of 18 percent in the number of new schemes that were launched in 2012, reveals data by Ahmedabad Municipal Corporation (AMC). While the number of plans approved in residential segment has dropped down significantly, the number of plans approved by the AMC in commercial [...] Continue Reading »
After the annual budget presentation today, New Delhi Municipal Corporation realised that they failed to announce any new project in this year’s budget of Rs. 2,021.57 crore. The corporation will focus on completing the old projects in Delhi-NCR and few projects which are pending since the Commonwealth Games. The Connaught place redevelopment project which started [...] Continue Reading »
There have been more number of constructions and property developments in Kurla in Mumbai in recent times. One of the suburbans in Mumbai which was previously known for congestion, make-shift garages, small stores for industrial spare-parts and slums has now transformed into one of the hot spots for realty development. Properties in Kurla are being [...] Continue Reading »
Though, there are over million searches conducted by people online for properties in India, only a few actually end up buying. Instigated by this internet searches, housing finance companies and real estate developers are putting their full efforts to convert existing business models according to buyers’ preferences in the dull realty market. Data collected by [...] Continue Reading »
The construction work on the Swastik-Yeshwantpur stretch of Reach 3 of Namma Metro has picked up pace after the Indian Railways gave a nod on November 31 last year. The Swastik-Yeshwantpur line was about to get functional by December 2012 which did not happen due to some hurdles faced by work on the Metro Bridge [...] Continue Reading »
Hyderabad- Many cities are offering serviced apartment projects due to strong presence of IT companies in their cities. Hyderabad has come up on the track and is expected to compete cities like Gurgaon, Chennai and Pune in the coming years. Since IT companies have become an integral part of real estate, developers are launching more [...] Continue Reading »
The property price is rising in Silk Board because of the close proximity to educational institutions and IT areas. According to the data provided by a realty company, the sale price has gone up by 26 percent in October-December 2012 quarter because of the huge demand from genuine buyers. Due to its location, buyers are looking for [...] Continue Reading »
Andheri East, one of the prime localities in the western part of Mumbai is witnessing constant price hikes of apartments in recent times. Three months ago, multi-storey apartments in Andheri East which were priced at Rs 12,000 per sq ft have now come up to Rs 15,000-17,000 per sq ft. Furthermore, average prices for residential [...] Continue Reading »
