Cities
New Delhi- Delhi government has approved regularisation of around 205 unauthorised colonies in the city. The proposal to regularise the settlements were given provisional regularisation certificates four years ago, but were kept pending till now. In this regard, a meeting of the Delhi Cabinet presided over by Chief Minister Sheila Dikshit was held and the [...] Continue Reading »
Delhi/NCR- Although investment in flats have always been a favorite among the buyers, plots are not far behind. Buyers preferring to stay in independent homes with a garden and a patio are opting for plots rather than apartments. This is the right time for people who would like to invest in plots as there are suitable land [...] Continue Reading »
Chennai- The real estate market of Chennai has shown signs of improvement with increased amount of infrastructure development, good economic density and growing influence of IT/ITeS. Many projects have been launched in various areas which pushed the real estate market of Chennai. With several options and wide range of price, the developers attracted consumers. Buyers from different [...] Continue Reading »
New Delhi- In a recent declaration by the Union Cabinet, the much expected Land acquisition Bill, 2012 was cleared and will be presented in parliament for the upcoming Budget session. This has eventually created a furor among the real estate developers as they wanted private-to-private land acquisition be off the new land acquisition bill. The developers [...] Continue Reading »
One of the renowned developers in India, Lodha Group based in Mumbai recently started with a new scheme projects. An ‘initial public offer’ has been used by the developer to sell apartments at their latest premium project located in Lower Parel in Central Mumbai. The project, which is spread across 17.5 acres called Blue Moon, [...] Continue Reading »
Noida: In the wake of the rise in property fraud cases and violation of environmental norms, the Noida residents and delegation of home buyers to meet the Uttar Pradesh administration to take strict actions against the violators. Anuj Singh, an ex-Army officer complained that after he booked a luxury flat in Noida, he found out [...] Continue Reading »
2012 was a challenging year for both the home buyers and developers. Certain issues which the real estate market has witnessed in 2012 may continue this year because Delhi-NCR and Mumbai Metropolitan Region are struggling with less property sales due to unaffordable property prices. He added that the new rules for classification of restructured loans have led [...] Continue Reading »
Hyderabad- An idea has prop up in the mind of Hyderabad Metro Rail Limited (HMR) officials to open skywalks over metro station which will connect office, residential and commercial complexes, educational institutions and also important public buildings. The work of skywalks can be handed over to Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with an estimated cost of [...] Continue Reading »
In the past few months, Begur Road in Bangalore has witnessed a substantial growth in the real estate prices. The area is fast growing to be a hot property destination for the IT crowd. The average price recorded in the area was Rs 2,942 per sq ft, an impressive increase of 21 percent since the [...] Continue Reading »
Ghaziabad- A group of farmers protested at the Wave City site office in Ghaziabad against insufficient compensation provided to them. Wave City project is located on National Highway 24 (NH-24) next to Noida Extension. Hundreds of farmers lost their land due to the acquisition by Wave Infratech, a Delhi-based real estate firm. The developer claims [...] Continue Reading »
