Cities
Bangalore, the garden city has hit the highest residential price when compared to other cities in India. The highest Rs 33,000 per sqft is never recorded before in the history of Bangalore’s residential real estate market. However, one can have a sigh of relief as Bangalore city is way ahead of Mumbai which costs Rs [...] Continue Reading »
MGI Gharaunda in Raj Nagar Extension, Ghaziabad is a project by KDPMGI. CRISIL has awarded ‘NCR 4 Star‘ rating to the project. The structural quality of the project is appreciated by CRISIL. The key factors which are evaluated in the Star Ratings process are the quality of legal documentation, construction related risks, financial flexibility and [...] Continue Reading »
The water board in Hyderabad city is planning to pass orders in concern with implementing mini water recycling plants in the apartment premises. The rising demand for water has made water board take decision of setting up one in the house premises. These mini water recycling plants has been directed to be set up in [...] Continue Reading »
Maharashtra Government asked the Bombay Dyeing Mill to stop the construction of a commercial complex in Prabhadevi area of Mumbai. In the order the authority also asked them to close the eight looms which are functioning at that place. The government asked them to stop the construction work as the group was constructing a commercial [...] Continue Reading »
Ahmedabad Municipal Corporation (AMC) has failed to take concrete steps for regularising the illegal constructions. After the collapse of Saudagar Ni pol, the authority asked the builders and the apartment owners to regularize the illegal constructions. The Municipality has identified 2000 illegal constructions in six different zones of Ahmedabad. Majority of the illegal constructions are [...] Continue Reading »
The Non-government organization Yamuna Jiye Abhiyan has pointed out the deficiencies in the construction quality in the luxurious housing flats of the Commonwealth Games Village. Abhiyan appealed the investors and prospective house buyers to consider the reports that highlight flaws in the construction of the “most desirable place” to live in the Capital. The Shunglu [...] Continue Reading »
The Singapore government’s sovereign fund GIC will invest into Bandra-Kurla Complex project by Godrej Properties. More than $100 million will be invested into the project. Godrej Properties will construct the project over 2.5 acre BCK land with a joint development agreement with Jet Airways. Godrej Property also planning to sell a stack in the project [...] Continue Reading »
Hyderabad city known for its rich heritage beauty is blessed with wealthy nature too! The city is filled with beautiful green parks, lakes and hilly areas. But, how good are the lakes maintained in Hyderabad city? To give a clear picture of lakes being maintained in Hyderabad, Kapra lake in Sainikpuri cries loud for maintenance. [...] Continue Reading »
The builders association has planned to go for a one day strike to protest against the governmental decision on real estate sector. Adding to the protest activity, the builders association also decided not to publish any full page advertisement in newspaper across the country. The builders association also asked the raw material distributors to hold [...] Continue Reading »
The high interest rates and high rates of properties in Hyderabad has dampened the realty sales! The property buyers in Hyderabad is no different when compared to other cities in stepping back to buy property at this peak time. The residential real estate market in Hyderabad is expecting a rapid growth within next two quarters. [...] Continue Reading »
