Cities
Chennai- Increasing number of luxury residential projects in the city have paved way for global interior designers to enter the city. The opening of single and multi brand Foreign Development Investment (FDI) in retail market, foreign brands have been supplied with a huge potential market. There are a wide range of luxury properties in Chennai, [...] Continue Reading »
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »
Chennai- Sholinganallur, a residential area in the outskirts of Chennai, which had been witnessing significant commercial development is now developing in terms of residential real estate too. The huge workforce that has been coming up for catering fast developing commercial segment, has now been pushing residential segment in the area. Sholinganallur has observed around 12 [...] Continue Reading »
New Delhi: Developers like Supertech and Ansal API announce an investment of Rs 8,000 crore on projects in next four years. Companies like DLF, looking forward to cut of the debt rather than increasing the price and sale of housing in the coming year. In next three to four years, realty developer Supertech said that, [...] Continue Reading »
Chandigarh- The famous Rock Garden is currently a true example of the false promises made by authorities to provide with best ambiance and facilities. Tourists are welcomed with piles of debris, animals faeces and garbage strewn all over the place, especially in the pathways. For enhancing the beauty of the garden , many interlinked waterfalls and [...] Continue Reading »
Locations like Vasai, Dombivali, Virar are witnessing a slow increase in demand as the demand for affordable housing is shifting to nearby areas like Palghar, Thane. In Palghar, the price of the residential properties ranges from Rs 2,000 to Rs 3,500 per sq ft whereas in Varar, Dombivali and Vasai the price ranges from Rs [...] Continue Reading »
The number of illegal construction is increasing all over the country. After the civic body finished with the demolition drive in Parvati and Dattawadi, now Pune Municipal Corporation (PMC) has started with a demolition drive in Kondhwa and Wanowrie where unauthorized constructions are spread over 5,850 sqft. As many as 13 hotels extended front and side margins, totally measuring [...] Continue Reading »
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »
Nashik- With the consent of 150 farmers for land acquisition, the construction of 32 km rail track from MahaGenco’s existing thermal power plant at Eklahare to Sinnar will soon start for transportation of coal. The power plant will be jointly set up by Indiabulls Realtech Ltd (IRL), a subsidiary of Indiabulls Power Ltd, and Maharashtra Industrial [...] Continue Reading »
The property expo organised by Central Bank of India (CBI) in association with The Times of India was inaugurated by SK Biswas, the regional manager of CBI, Guwahati. Cent Swapna, the home loan and property expo, organised to provide more home loans to consumers. The main aim of the expo is to help people buy a car or [...] Continue Reading »
