Cities
The year 2013 will be stable for the residential apartments in Mumbai real estate market. As per the reports, buying plans and demand of residential projects might rise in the coming year. The high prices of land, increased demand and significant increase in construction costs will not witness major correction in 2013. Apart from the [...] Continue Reading »
Bangalore- Demand for residential properties in Budigere, located close to Hoskote Road, has been rising constantly owing to factors like good connectivity, availability of land parcels, and lower property rates. Budigere is located nearly ten kilometres away from Whitefield and ITPL, major IT hubs of Bangalore. Prime areas such as Old Madras Road, K R [...] Continue Reading »
Pune- Residential real estate sector of Pune is likely to witness stronger demand in 2013 owing to increasing interests among IT/ITeS and manufacturing sector employees, NRIs and Mumbai-based investors, according to global property consultant firm. The average value appreciation of residential projects in Pune is expected to be higher in the coming year. In the [...] Continue Reading »
Hyderabad- The Greater Hyderabad Municipal Corporation (GHMC) is under high pressure over the augmention of its citizen service delivery mechanism and to make its officials and engineers more responsible in 2013. This pressure came into light when people faced a disastrous year from cleanliness point of view. The Residents welfare associations, civil society organizations and urban [...] Continue Reading »
Around 15 industrial plots allocation has been cancelled by the Greater Noida Industrial Development Authority. According to the authorities, the allotments were cancelled are of either 450 sqm or 1,000sqm, however GNIDA is looking for a fresh scheme re-allotment. As the allottees failed to respond to the notices issued by the authority in October for [...] Continue Reading »
Coimbatore- The sustained growth in demand will soon improve the earnings of the real estate developers in 2013. In the past two years, the earnings and return ratios of the real estate companies of the country has been scraped out by suppressed demand, high construction costs and interest rates. But now this growth in demand will cut [...] Continue Reading »
Bangalore- As per the 12th Five Year Plan, a high-tech hospital has been proposed to be established in each zone of the Bruhat Bangalore Mahanagara Palike (BBMP). Under the National Urban Health Mission, a part of the 12th Five Year Plan, modern health care units with a capacity of over 100 beds each with diagnosis, [...] Continue Reading »
Bangalore- An eight-lane, signal-free corridor is coming up at Okalipuram, which is one of the oldest areas of the city. The new corridor is expected to bring down the traffic congestion in prime areas in Bangalore West such as Rajaji Nagar, Basaveshwara Nagar, Vijayanagar and Nagarabhavi. The project includes building loops, underpass and road under [...] Continue Reading »
Chennai- The Chennai Metro Rail Limited (CMRL) will soon set up lifts and escalators in the completed metro stations in February 2013. Work has been completed at CMBT and Koyembedu metro stations. Johnson Lifts Pvt. Ltd and China-based SJEC Corporation will provide 125 lifts and 300 escalators respectively. The cost of installing lifts and escalators for 32 metro stations [...] Continue Reading »
Hyderabad- The Hyderabad real estate market will also include suburbs like Gachibowli. It is one of the fast growing suburb which will house many IT companies, international banking, research organizations and educational institutions. The areas nearby Gachibowli like Narsingi, Kollur, Lingampally and Mokila are also gaining importance regarding Hyderabad real estate development. The factors which lead to [...] Continue Reading »
