Apartment News
Vishwas Bawa Builders inaugurated the residential apartment in Mangalore. Vishwas Planet is constructed near Pandeshwar. 35 flats were constructed in the apartment complex. The entire complex is surrounded with greenery. 2BHK and 3BHK flats were constructed in the project. According to the builder all the apartments were sold out. Rain water harvesting is available in [...] Continue Reading »
Rental value appreciation for apartments in Gurgaon, Mumbai, Pune and Bangalore has seen a higher rise. The apartments in Whitefield in Bangalore have recorded a rise of 16 percent for the rental value. The rise of rental rates for residential properties in India has become area specific. As Whitefield continued to be a priority destination [...] Continue Reading »
The revenue department of Delhi is going to introduce electronic registration system of sale deeds of properties in Delhi. The municipality will start this electronic system of registration from the Mehrauli sub-registrar office in south Delhi, which covers a large part of south Delhi. Buyers of properties will now be able to take online appointment [...] Continue Reading »
It is stated by the builders that the delay in getting clearances for projects is the main reason for escalating the cost of apartments in India. Normally it takes a few months to a couple of years for most projects to get approval. The Chennai Metropolitan Development Authority (CMDA) has introduced the green channel clearance [...] Continue Reading »
Department of Local Bodies in Chandigarh has proposed to charge 10% power bill as property tax for the property owners in urban areas of the state. The government has planned to calculate the amount of property tax based on the power consumption by the owner, not be based on the size of the property. The [...] Continue Reading »
Investment in real estate plays a dominant role to the NRIs due to its rate of appreciation and the periodical returns on the investment. According to the new investment norm, NRIs can invest through their representatives in India by giving a power of attorney to act on their behalf. A copy of the power of [...] Continue Reading »
Old Mahabalipuram Road is coming up as a new destination for rental apartments in Chennai. Last year the cost of House rents in Chennai were up by about 10-20 per cent. But this year as the supply of houses are exceeding demands, rental values are subdued on the outskirts. The demands for residential apartments in [...] Continue Reading »
New residential project Ivana was launched at Thergaon by the Lakshmi Properties. The new venture, Ivana will be developed with intelligence and comfort. Lakshmi Properties has taken efforts to ensure that the venture stays true to its meaning. The project received a great response at the launch. Ivana will accommodate many distinctive features like a [...] Continue Reading »
The western suburb of Mira Road is developing quickly and is one of the most sought-after residential destinations for its good connectivity and affordability. The cost of homes in apartments in Mira Road with G+ 5 storeys and without too many amenities is between Rs 4,000 and 4,500 per sq ft. The cost of homes [...] Continue Reading »
Documented property registration in Mumbai, Thane and Pune divisions fell in the last financial year. As per a rough estimate by a real estate analysis firm, at least 40,000 flats have remained unsold in Mumbai and Navi Mumbai areas. The actual number could be higher than that. Though, the amount of stamp duty collected by [...] Continue Reading »
