Apartment News
The builders of Mumbai are witnessing rising demand for the low and mid segment housing projects in Mumbai. Hence the builders are planning to launch a new affordable housing project in and surrounding areas of Mumbai. It is also noticed that the demand for 1 BHK house is increasing than larger apartments. Earlier real estate [...] Continue Reading »
Builders of Kochi are discouraging the use of river sand and are maximizing the use of m-sand for constructions . The builders association has directed all the construction in Kochi to be done with the help of m-sand, and they are limiting the use of river sand only for plastering. The builders took the decision [...] Continue Reading »
Kondapur and its surrounding pockets such as Madhapur, Hi-Tec City and even Gachibowli are inhabited by professionals from the corporate world who reside in the many towering apartments. The apartments are full of residents migrated from the entire India. Water has been a perennial problem in these parts of town with the situation worsening overt [...] Continue Reading »
The state government has proposed to give 2.5 floor space index (FSI) to dilapidated buildings in the Mumbai Metropolitan Region. With this decision the builders will get the chance to construct more apartments, which will definitely increase the supply of the properties in Mumbai region. The government officials have confirmed that the decision to give [...] Continue Reading »
The government has suggested tighter rules for foreign direct investment (FDI) in real estate in India which will bar a foreign company from repatriating funds even after the mandatory three-year lock-in period in an Indian company. The new norms will make it mandatory for foreign companies to complete at least 50% of the project within [...] Continue Reading »
Assotech real estate has launched a premium housing project in Gurgaon sector 99. Real estate Private Equity firm SUN-Apollo will invest Rs 500 crore in the project. Assotech Blith will be constructed over 12 acres. The project will have 586 apartments on the upcoming 150 NPR (Dwarka expressway) in Gurgaon and is one of the [...] Continue Reading »
Supertech Limited has planned to enter the real estate market in Gurgaon. They are launching new residential project Araville at Sector 79, Gurgaon. This will be the first residential project by the builder in the State of Haryana. Supertech Limited has previously constructed many projects in Noida, Meerut, Moradabad, Haridwar and Rudrapur. The project is [...] Continue Reading »
Nitesh Fisher Island, a high-end villa project in Goa, has been launched by Nitesh Estates. The project will be constructed over 9.3 acres and comprises 36 high-end villas. The project is expected to be completed in the next two to three years and will cost around Rs 300 crore. Each villa is priced between Rs [...] Continue Reading »
Highrise apartments are attracting more and more home buyers as Kanakapura, has a great connectivity to Electronics City, Hosur and Sarjapur. Apart from these, the place also have a close proximity to Jayanagar and JP Nagar. Having Whitefield on one side and Magadi Road, Mysore Road and Tumkur Road on the other, Kanakapura is coming [...] Continue Reading »
The Kolkata Metropolitan Development Authority (KMDA) has denied about any irregularities in providing completion certificates to the residential units in Kolkata developed at the Kolkata West International City (KWIC) project. KWIC has constructed an Rs 6,000-crore satellite township on 390 acres of prime land at Salap on NH-6. According to the development proposal 800 row [...] Continue Reading »
