Cities
Bangalore- Several areas in West Bangalore will shortly get Cauvery water supply from Hegganahalli ground-level reservoir. The Bangalore Water Supply and Sewerage Board (BWSSB), following the commissioning of the Cauvery IV Stage Phase II, has charged different feeder mains in order to facilitate distribution of water from various ground-level reservoirs. BWSSB in a press release [...] Continue Reading »
Confederation of Real Estate Developers’ Association of India (CREDAI) has asked its members to clear the inventory of unsold housing stock by reducing the prices. The Finance Minister P Chidambaram has given few suggestions in order to clear the unsold stock which was accepted by the developers too. The members across the country have been [...] Continue Reading »
Bangalore- Elevated roads in Bangalore, along with minimizing traffic issues and giving an elegant look to the region, have also influenced the real estate development of areas along the corridor. Some of the important elevated corridors that have transformed the real estate scenario of the city include Tumkur Road, Hosur Road and Bellary Road. Tumkur [...] Continue Reading »
Despite the downfall in affordability, the Indian home loan market is expected to grow by 17-19 percent in the current fiscal year, according to credit rating agency IRCA. Lower home loan rates, attractive schemes, etc. fuel the home loan market growth in 2012-2013, said IRCA. Because of the high cost of properties in India, tough operating [...] Continue Reading »
Chandigarh- Despite strong demand of imposing house Tax in Chandigarh, Municipal Corporation is not doing so. But recently Goa deputy CM and minister for urban development Francis D’souza spoke in favor of imposing house tax. During the seminar, “India Urban Development Vision 2020″, organised by the municipal corporation he added that this will help the civic body to [...] Continue Reading »
Bangalore- In the recent trend of increasing number of townships in the city, global experts in traffic management are in demand. As a result of increasing number of people preferring to invest in township projects, many township developments have been coming up. Since, traffic management is one of the prime aspects of a township, global [...] Continue Reading »
Real estate players have been provided with significant opportunities as the education sector lacks physical infrastructure. The quantity of physical infrastructure and real estate development required is as huge that education institution operators or government cannot achieve it alone. There are around 25,000 colleges and 460 universities in our country with over 144 million customers in education [...] Continue Reading »
New Delhi- The Sahara Group real estate has been lashed by the Supreme Court for having shady intentions in terms of the money which had to be returned to the investors generated through debentures. A deadline of seven days has been given for them to repay their customers. According to the apex court bench of Chief Justice Altamas Kabir, Justice [...] Continue Reading »
Bangalore- Real estate in India has witnessed more residential project launches in 2012 than in the last year despite slow sales and reduced growth in prices, reveals a new study. Real estate companies launched more residential units between January and September 2012, than in the same period last year, while still struggling with sales and [...] Continue Reading »
New Delhi- The year 2012 unexpectedly saw a slower price appreciation in the residential sector of all the top seven cities in India. However, the average capital of the country was increased to only 1-3 percent. According to Jones Lang La Salle, the year 2012 was a sluggish year for the economic growth as there [...] Continue Reading »
