Cities
In Mumbai, according to the recent real estate report it was revealed that around 35000 housing sectors is kept unsold! The real estate developers and builders are more worried about the unsold apartments in Mumbai city. The total value of unsold properties in Mumbai is around Rs 8,535 crore and it has been predicted that [...] Continue Reading »
The Maharashtra Chamber of Housing Industry (MCHI) has blamed state government for not keeping track of affordable housing stock in Mumbai. Also, MCHI in collaboration with Confederation of Real Estate Developers Association of India (Credai) had signed a deal to construct 5 lakh homes by April, 2010. Mumbai being the costliest city in India offers [...] Continue Reading »
Although Chennai is facing a shortage of 24000 homes in the budget homes segment, Real Estate experts from the city say that there has been a steady demand for budget and luxury properties in Chennai. If sources are to be believed, the properties in the bracket of Rs. 20 to 45 lakhs are the most [...] Continue Reading »
Chennai welcomes the launch of a high-end limited unit residential apartment project at Kottivakkam on Old Mahabalipuram Road (OMR). The apartment project is named “Maplewood Premier” and will be developed by Mangal Tirth Estates. The “Maplewood Premier” offers six residential apartments each measuring 3,300 sq ft. The apartments comprise of four bedrooms, wet kitchen with [...] Continue Reading »
Midst all crisis and back drops in Indian real estate market, the demand for luxury projects has not stopped! The real estate experts say that demand for luxury housing is increasing in cities like Mumbai, Kolkata and Bangalore. Beginning of the year 2012, affordable housing was a hot and happening topic that was discussed in [...] Continue Reading »
India’s most expensive property market, Mumbai is witnessing good property sales! The home sales increased by 20 percent in Mumbai where as down in Bangalore and Chennai there is drastic drop down witnessed. The Liases Foras Real Estate Rating & Research Sales report say that sale of new residential projects in Mumbai has boosted the [...] Continue Reading »
Attention, citizens of Chennai! The power board in Chennai has announced to suspend power supply the upcoming week. The power cuts throughout the city will be from 9am and 5pm especially during the weekend. In order to keep track of maintenance work of power supply, areas in Chennai such as Koyambedu Nagar, Srinivasa Nagar, Thiruveethi [...] Continue Reading »
Luxurious smart homes are in high demand for the home buyers in Bangalore. The residents of a smart home can put on the music, draw the blinds, and dim the light—all with a few touches of a touchscreen. Mantri Espana project in Bangalore coming up with all technology feature to promote the smart living. Sobha [...] Continue Reading »
Mumbai heads the crown for bearing highest rental and property price midst other Indian cities. The fact that interest rates being high has made home loans un-affordable. Coming down to rental prices, again Mumbai stands first in the list followed by Delhi NCR. The other Indian cities like; Pune, Chennai, Kolkata, Bangalore are nowhere affordable. [...] Continue Reading »
The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time. Even in such a kind of scenario, the property prices are increasing. According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore. When compared to year 2011, the property [...] Continue Reading »
