Cities
The realty player Pushpam Group has come a long way proving their excellence in Bangalore real estate market. Having roots from Indian floriculture, the group has taken diversification into the development of plots, theme based villa communities and weekend retreats. With the mission of developing safe, eco friendly and self sustainable living communities, Pushpam Group [...] Continue Reading »
With the investment of Rs 500 crore the real estate company Assotech and private equity firm Sun-Apollo recently announced the development of a housing project at ,Dwarka Expressway Gurgaon. The Assotech experts say that they are entering into Gurgaon real estate by launching a 12-acre housing project in partnership with Sun-Apollo. The project is named ‘Assotech [...] Continue Reading »
The state government of Karnataka has approved the implementation of the Urban Property Ownership Record (UPOR) program in Bangalore. With this initiation, the government is expecting to control the fraudulent activities related to property transactions. According to the records, there are 16 lakh assessed properties, while the officials are expecting another 4 to 5 lakh [...] Continue Reading »
The Bangalore Development Authority has changed the rules for allotment of affordable apartments in Bangalore for the economically weaker section (EWS). BDA recently took up the residential apartment project for constructing 30,000 flats in 17 different places in Bangalore. According to the new rule ‘only people residing in BBMP’’s jurisdiction for not less than 10 [...] Continue Reading »
The residents of ward 3 of Brajrajnagar Municipality are suffering from water crisis. The area of Abhaypur in Jharsuguda is considered to be one of the most dry pockets of Brajrajnagar. Due to the presence of three mines, groundwater level has recedes to the extent that even deep bore-wells are not working. The municipality has [...] Continue Reading »
One of the most demanding destination for residential properties in Bangalore is Koramangala. It is quite surprising to know that 25 to 30 years earlier the place was not considered as a great place to live in. The scenario changed after the constructions of Raheja Arcade by Raheja Developers and the construction of Forum mall [...] Continue Reading »
Bangalore based real estate developer Sobha Developer has set a target of Rs 2000 crore from selling of real estate projects in India. According to a higher official of Sobha developer, the growth momentum in terms of launching and booking of new projects will continue in the same pace. In last financial year of 2011-12, [...] Continue Reading »
One more expressway (PVNR Elevated Expressway) will start functioning by the second week of July 2012. This highway will connect the city with the international airport at Hyderabad. Once the expressway will start operating the residents of the Lakshminagar, Upparpally and Aramgarh will be benefited. The real estate of Hyderabad will also see rise in [...] Continue Reading »
The cost of new real estate projects in Mumbai are increasing sharply. But the cost of properties for resale have not increased since 2010. According to a real estate research firm, the developers are artificially raising the cost of the new launched properties. According to a report by the registration department in Mumbai, there has [...] Continue Reading »
Maharashtra Housing and Area Development Authority (MHADA) has planned for a joint venture with private developers to construct residential apartments in Mumbai. MHADA took this decision, as the cost of the properties are rising beyond the reach of the common man and there is a huge difference between demand and supply of residential apartments in [...] Continue Reading »
