Cities
Cement prices across the country have been corrected by around Rs 7-10 per bag. The price came down due to subdued demand, as construction activities are yet to pick up because of the delayed monsoons. However, it is expected that by October the festival gaiety will lead to an improved sentiment amongst consumers and hence [...] Continue Reading »
In order to give a boost to the real estate sector, financial services secretary D K Mittal has asked banks to focus on funding of partially completed residential projects on a priority basis. Funding projects in small towns has also been asked to prioritise. In a meeting with Indian Bankers’ Association (IBA) and developers body [...] Continue Reading »
To cater to the needs of senior citizens, who want to live a comfortable retired life, exclusive townships for senior citizens are coming up in various places. One such township is at Neral, at the foothills of Matheran, Maharashtra, which provides comfortable living experiences along with amenities. Similarly, Athashri, a project of Paranjape Schemes in [...] Continue Reading »
The Maharashtra government has announced that it will soon increase the floor space index (FSI) in the state. The consideration comes as a way to permit developers to build taller buildings to promote the development of integrated townships around the state’s densely populated cities such as Mumbai and Pune. The government also sees it as [...] Continue Reading »
A recent report shows that although India’s urban housing shortage has decreased, the phenomenal housing growth has not been able to curtail housing shortage in Indian cities to a large extent. Indian cities are short about 19 million homes. The scenario has improved over 2007, when the national urban housing shortage was estimated at 24.7 [...] Continue Reading »
Over 20 real estate developers from India are expected to take part in a property exhibition to be held in London. The property exhibition aims to bring together high net worth non-resident Indians (NRI) and persons of Indian Origins (PIO) in London to explore investment opportunities in India. The exhibition will be hold by Unesta, [...] Continue Reading »
The Maharashtra government has transferred the responsibility to maintain the Eastern and Western Express Highways from the state public works department (PWD) to Brihanmumbai Municipal Corporation (BMC). The decision is considered vital as there has been a piling up of complaints against the current custodian of the two thoroughfare, which are the city’s north-south arteries. [...] Continue Reading »
10,000 one-room tenements constructed for the economically weaker sections under the Jawaharlal Nehru Urban Renewal Mission (JNNURM) in Chandigarh are lying unused and are suffering from a total lack of maintenance. The flats were constructed almost a year back. However, these could not be allotted to the beneficiaries due to the incomplete infrastructure of the [...] Continue Reading »
MDV RR Palace is an upcoming premium residential project in Bangalore. Located close to Manipal Hospital, Rajarajeshwari Nagar, the project is developed by i1 Properties. It houses spacious residential apartments which are eco friendly and Vaastu compliant. Aesthetically designed 2/3 BHK flats are built on an area of 1253- 1672 sq ft. The apartment complex [...] Continue Reading »
Villa Montana is a community of select Bali-style villas in Karjat, Mumbai. The villas are vibrant with all the ingredients of a luxurious lifestyle – adorned with picturesque mountain tops, crisp, clean air, distinctive architectural design and the best of amenities. Developed by Artha, the project offers 100 Bali style cottages ranging from 1,307 to [...] Continue Reading »
