Cities
Raj Bhavan Road, where the residence of the Governor of Andhra Pradesh is located, is a a prominent political and commercial locality in Hyderabad. The area is home to many high-end malls like City Centre mall, GVK mall and Life style mall. Central Business District of Hyderabad, the locality witnessed an increase of 9 per [...] Continue Reading »
Unlike the highly fluctuating real estate market of other metros, residential market in Chennai has largely remained stable in the past few quarters. Large scale industrial development in western Chennai has pushed the residential demand thereby increasing the price for residential units. The residential demand in western localities is largely driven by the people working [...] Continue Reading »
Bruhat Bengaluru Mahanagara Palike (BBMP) has decided to verify the proposal for widening 216 roads in the city within a month. Roads in various ares like Goripalya, Padarayanapura, Gandhi Bazaar and Chamarajpet have been inspected by mayor D Venkatesh Murthy, following complaints from commuters. A committee has been formed to verify the proposals to widen [...] Continue Reading »
Western Pune has been one of the most prominent real estate pockets over the years and the Apr-Jun 2012 quarter witnessed a growing preference for localities in West Pune as compared to East Pune. Locals like Wakad, Pimle Saudagar, Kothrud, Aundh, Baner have become most preferred residential locations. Much of the share of credits goes [...] Continue Reading »
A team of Brihanmumbai Municipal Corporation (BMC) civic engineers is to conduct an audit of the pothole-filling work being carried out on city roads. The decision has been taken after 1,738 potholes were reassigned or reopened for filling. The BMC claimed that the cold-mix technology used to fill potholes is effective enough. However, recent heavy [...] Continue Reading »
After being a successful venture in the TV and film industry, Ekta Kapoor‘s Balaji Group has now entered Mumbai’s real estate market. The foray consists of two initial projects: a commercial complex in Chandivli, Andheri East, and a residential one in Mira Road. The land parcel had been bought by Jeetendra in auctions and now [...] Continue Reading »
Developers in Noida Extension have sent a letter to the Greater Noida Authority to clear the relief being offered to them buyers can be benefitted and home sales start soon. Loan processing by banks is expected to start soon so that buyers can avail funds to buy homes. Meanwhile, Confederation of Real Estate Developers Association [...] Continue Reading »
According to Cushman & Wakefield, Hyderabad is expected to witness a 48 per cent increase in demand for office space compared to last year. The demand for commercial office space in the city is expected to increase moderately from the next year onwards as the economic conditions improve 2.38 million sq ft of office space [...] Continue Reading »
Around 900 flat-owners of Indra Puram Colony on the outskirts of Jalandhar are facing a tragical irony as even after paying the last installment before three years, they cannot move into the flats as basic amenities such as electricity, water and sewerage connections are missing. The flat owners paid the full amount to the Jalandhar [...] Continue Reading »
The traders of Connaught Place in New Delhi have stated that they are facing up to 70 per cent losses in business due to municipality work going on in the area. The traders have asked the New Delhi Municipal Corporation (NDMC) to increase their property tax rebate by 30 per cent. Currently, the traders in [...] Continue Reading »
