Cities
Chennai: During the last fiscal, real estate purchases in the city had fallen by 23.54%. However, property registration within the state appears to be mangling its way back after the slump. The period from April to May of 2013, recorded an impressive 11% growth in registrations. Real estate guideline values were sharply raised by the [...] Continue Reading »
National Capital Region’s property market witness a downfall of 39 % for the new launches of apartments in the areas. As suggested by various reports that around 7,600 units are left over since January-March period. Major eight cities like NCR, Chennai, Kolkata, Bangalore, Mumbai, Hyderabad, Pune and Ahmedabad launched around 38,000 residential units in the [...] Continue Reading »
Bangalore has witnessed the highest proportion of new project launches compared to eight major cities across India in first quarter of 2013. According to real estate consultants Cushman and Wakefield, around 40 percent of the total new unit launches in the city were in South Bangalore. In a recent study by the firm, North Bangalore [...] Continue Reading »
The much-awaited Real Estate (Regulation and Development) Bill has obtained clearance from the Cabinet on 4th June. The Bill is expected to bring in transparency in the nation’s real estate sector with tighter norms for selling projects and preventing property fraud cases. This Act may be called as the Real Estate (Regulation and Development) Act, [...] Continue Reading »
Hyderabad: Due to lack of coordination between the state revenue department and the DEO, the survey of the state’s defence land is getting delayed. Overview: Headed by the special commissioner – Chief Commissioner of Land Administration (CCLA) as chairperson the state government has set up a committee to resolve defence land related issues. IVR Krishna [...] Continue Reading »
Noida sector 62 has become one of the favourable for investment in real estate among all the developing sectors in Noida. Sector 62 is primarily enjoys real estate with a mix of residential and commercial property. Connectivity: The rapid metro connection makes the locality one of the better region for investment in the national capital [...] Continue Reading »
At least 57 plots developed by the BDA are in a state of confusion, because the titles have been snatched from the owners. The BDA had denotified plots sizing a total of 10 acres. The land is described as ‘muffet kaval’ which means it is government owned. But after denotification, the land ownership was transferred [...] Continue Reading »
Overview: Hyderabad’s realty market which had been witnessing a prolonged slump is in a gradual phase of recovery. Ready-to-move inventory is finding takers and an improved off-take in residential stock was observed during the financial year of 2012. The IT/ITES corridor in the western and north-western regions of the city have been showing signs of [...] Continue Reading »
Bannerghatta Road was earlier known as Anekal Road but later was renamed as Bannerghatta Road. The Bannerghatta Road commences from Adugodi and terminates at the Bannerghatta National Park, beyond this point it is known as Jigani-Anekal Road. The locality has many reputed IT companies along with educational institutions. Initially the road was merely used by [...] Continue Reading »
To boost up the real estate sector of Gurgaon, Gurgaon Master Plan 2031 has proposed many new sectors along Dwarka Expressway like 95A, 95B, 89A, 89B, 88A, 88B and 99A as a superior investment area. Within all this sectors, Sectors 88A and 88B are believed to be ideally suited for luxury development. Region purview: The connectivity [...] Continue Reading »
