Cities
The two blocks where residents live comprising about 400 flats at Mantri Tranquil Apartments in Gubbalala near Uttarahalli, it is tranquillity lost for the last ten days as the Bangalore Electricity Supply Company (Bescom) has cut the power supply. The Bescom initiated the action following a letter from the Bruhat Bangalore Mahanagara Palike (BBMP) stating [...] Continue Reading »
It is an overstatement to say that for any individual, owning a home, irrespective of its size, is an ambition of a lifetime. Indeed, a roof over one’s head is a sign of stability. The process of getting there is a long on from identifying a piece of property to arranging finances and finally moving [...] Continue Reading »
DLF’s Mall of India, which is coming up in Noida Sector 18 and has been billed as the country’s largest retail space, and four big-ticket realty projects in Sector 75 have been asked to stop all construction till they get a clearance from the National Board for Wildlife. The stop-work notices sent by the UP [...] Continue Reading »
Many micro markets in the NCR not only successfully bucked the slowdown trend in the dismal 2013 as far as the sales were concerned, but the prices have also shown appreciation. With revival just around the corner, experts have indicated that there will be a healthy price appreciation in these micromarkets over the next few [...] Continue Reading »
Greater Gurgaon, or Sohna Road, is registering a boom in the real estate market with supply keeping pace with demand. Experts even say the area is set to emerge as the next axis for residential, commercial, institutional, and industrial development in Gurgaon. It is a good example of mixed-use development with great scope for further [...] Continue Reading »
Bangalore witnessed no new mall supply during first half (H1) of 2014. This has been attributed primarily to the delay in approvals, which led to the deferment of upcoming supply as stated by Cushman & Wakefield in its latest retail reports. Meanwhile, the city’s mall vacancy level registered a dip of 0.4 percentage point and [...] Continue Reading »
The real estate market in Bangalore attracted the maximum private equity (PE) investment in the country in the first half of 2014, beating the national capital Delhi as well as the commercial capital Mumbai, according to property consultancy firm Cushman & Wakefield. Led by high demand for office spaces as well as steady demand for [...] Continue Reading »
Shubhra Tandon in Mumbai reported that the activity in large office space remained sluggish in the three months to June. The commercial real estate in Mumbai was not picking up in the period till June this year and the top six commercial real estate markets reported fewer lease transactions above 1 lakh square feet. One [...] Continue Reading »
Just 83m downstream of the Nizamuddin road bridge, another bridge has come up on the Yamuna mirroring the location of its pillars exactly. For Delhi Metro, constructing the bridge to link Hazrat Nizamuddin with Mayur Vihar-I has been an exercise in replicating the existing road bridge. The idea was to align the pillars of the [...] Continue Reading »
According to real estate developers in Kolkata, the prospects of the realty market in many localities of the city have witnessed a substantial improvement of late, thanks largely to the upcoming Kolkata Metro project. As per the market-trend watchers, one of the several Kolkata localities which are apparently benefitting from the Metro project is Madurdaha. [...] Continue Reading »
