Cities
New Delhi: Government is planning to approve all the real estate projects in a fast track basis and also to put them online so that the consumers can have a clear idea before booking a house and can bring down home prices. A government committee headed by former commissioner of India chairman Dhanendra Kumar is [...] Continue Reading »
The Urban Property Ownership Records (UPOR) project is stabilising in the four cities of Mysore, Shimoga, Hubli-Dharwad and Mangalore. The plan is to electronically link the offices of the sub-registrars, corporations and municipalities, courts, and the Department of Survey, Settlement and Land Records (SSLR). Once the project is over, detailed record of the properties can [...] Continue Reading »
Delhi NCR- Renting a house in the nation’s capital is set to be a difficult task as rental values are appreciating sharply. Rental values of properties in Delhi-NCR have seen an upsurge of 25% with rentals in most areas appreciating by 10% annually, reveals a survey. While owning a house is beyond the reach of [...] Continue Reading »
Justice and Acting Chief Justice of High Court of Karnataka said that lack of logic in land laws is encouraging land mafia, mainly in urban areas. The existing Land Acquisition Act is the biggest enemy of the common man which has only encouraged land mafia through legislation. High Court Justice said that laws related to [...] Continue Reading »
Ahmedabad- Every Middle class family strives for affordable housing. Such wishes can be fulfilled by the projects on Gota road, Ahmedabad . Gota road is situated on the outskirts of the city. Although there are many residential projects in Ahmedabad but projects at Gota road offers affordable residential property in the range of Rs 30- 40 lakh. This road [...] Continue Reading »
Delhi-NCR- The state-run insurance giant which promotes its venture of LIC Housing Finance Limited is expecting to generate about Rs. 700-1,000 crore via external commercial borrowings (ECB). Various realty developers and housing finance firms were permitted to generate about $1 billion via ECBs by the Reserve Bank of India (RBI) last month to promote the affordable housing projects. According to [...] Continue Reading »
New Delhi- With Indian real estate booming from the past decades, India has become a hotspot for not just nationals, but also for NRIs to make investments. Most NRIs now prefer investing in their homeland and settling down here. As per studies conducted in the year 2012, about 40 percent of the Delhi-NCR properties were from NRI investors. NRIs [...] Continue Reading »
The stamp duty officials in Mumbai have admitted to the errors about ready reckoner (RR) rates that were announced recently. It was noticed after a national daily published about RR rates being hiked by 1000 % in some parts of Western suburbs in Mumbai. Now, after the correction, the prices have been appropriately hiked from [...] Continue Reading »
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »
Hyderabad- Mahindra Lifespace Developers Ltd has entered into a joint agreement with Om Metals Developers Private Limited to take up a residential project in Hyderabad. Om Metals Developers Private Limited is a special purpose vehicle of Om Metals and a part of Om Metals Real Estate Private Limited which is a subsidiary of Om Metals Infraprojects Ltd. Mahindra Lifespace Developers [...] Continue Reading »
