Cities
The decrease value of rupee has positively influenced the demand from NRIs for residential properties in various cities across India, especially in Mumbai. Exporters and the NRIs are two categories which stand to gain from the weak currency, as they will receive more rupee funds on conversion. Because of the rupee’s downward trend, real estate [...] Continue Reading »
The Indian Institute of Management Bangalore (IIMB) and Century Real Estate joined together to launch a real estate research institute in the city. The main objective of the IIMB-Century Real Estate Research Initiative will be on collecting data and conducting cross-disciplinary research on the Indian real estate sector that will be published in academic and [...] Continue Reading »
DS-MAX SIGMA is an upcoming residential project in Bangalore. It is located near Electronic City. The location near Audi Service Station offers its residents many advantages. Close proximity to many leading Schools, Colleges, Hospitals, and Offices made the project an attractive one. The civic infrastructure is well-developed, the roads, are wide. And the neighborhood is [...] Continue Reading »
High growth of real estate projects in Bangalore leads to the water crisis of the city. Many newly developed areas in Bangalore, which were outskirts some years ago, are experiencing sharpe rise of apartment constructions. When the construction of any project started, the bore wells are dug at the same time as corporation water supply [...] Continue Reading »
Prayas, a city based NGO, is driving a tree transplantation service in Surat. The real estate developers, private plot holders, residential societies, industrial unit owners are approaching to the NGO for transplant trees around their premises. The builders and the industry owners had chopped several trees for their construction purpose. Now they are eager to [...] Continue Reading »
The Supreme Court has declared the sale of immoveable property in Delhi through the use of a power of attorney will not be considered as a valid mode of transfer of immovable property. This judgment will have a negative effect on the residential real estate market of the national capital. The Power of attorney is [...] Continue Reading »
565 residents of the Hazi Kasam Chawl at Lalbaug have moved to their new homes under the ambitious Cluster Redevelopment Scheme by the state government. The redevelopment project was completed by the Nish Developers and they are the first to secure permission to redevelop their seven acre property under the cluster scheme. A green building [...] Continue Reading »
DS-MAX Properties is a known name in Bangalore for real estate development. All of their projects are primarily based in Bangalore and operation spans all aspect of real estate development from identification and acquisition of lands, planning, execution and promoting of projects. The group has real estate projects not only in Bangalore, but they also [...] Continue Reading »
One of India’s largest textile firms, Alok Industries has sold its eight floors in an office building in Mumbai’s Lower Parel area. Alok Industries sold around 252,000 sq. ft of prime office space in tower B of the Peninsula Business Park at a cost of Rs 425 crore. Alok Industries took the decision to reduce [...] Continue Reading »
The Mysore City Corporation is planning to celebrate its 150th anniversary on July 24. A consultative committee is constituted to draft plans for celebrating the event in a grand manner. A sum of Rs 50 lakh has been set aside for the celebrations. The old town of Mysore of the early 19th century comprised Old [...] Continue Reading »
