Apartment News
Tata Camelot was planning to construct skyscrapers in the vicinity of Sukhna Lake. They have to drop the plan as the Punjab and Haryana High Court today has directed Punjab, Haryana and the Chandigarh Administration to stop the construction activities in the lake’s catchment area, and also demolish the structure if any construction activity takes [...] Continue Reading »
The residents of Orissa are asked to save water as the government has planned a new tariff for the water usage in the state. According to the bill, the tariff will be increased by 3 percent every year. The government has also decided that telescopic tariff will be levied on all categories of consumers. For [...] Continue Reading »
The Gujarat Housing Board (GHB) after over 15 years is planning to launch seven residential schemes in four major cities of the state. The plan is to construct 9100 flats in these seven projects. Out of the seven projects, three projects will be launched in Ahmedabad, two in Rajkot and one project each in Surat [...] Continue Reading »
The Tamil Nadu Housing Board has announced to give buyers a final chance to pay their due payments for the property allotted to them. In a press release, the Housing Board had cancelled the allotment of land, apartments and individual houses to buyers who have not paid three monthly installments consecutively. The government has given [...] Continue Reading »
The Tiruchi–Chennai National Highway has stimulated the construction of residential properties in Tiruchi. It is also noticed that a good number of residential colonies have come up in the recent years. As the construction work is happening quite rapidly, the civic body is unable to provide basic civic amenities for the apartments in Tiruchi, particularly [...] Continue Reading »
The Nagpur Municipal Corporation has planned to scrutinize all real estate constructions in Nagpur for proper clearance. It is noticed that unauthorized constructions are increasing in Nagpur. The Municipal authority has shortlisted 716 buildings which have gone against the sanctioned plan. Till now the municipality has demolished the Illegal constructions at Tourist Inn in Sitabuldi [...] Continue Reading »
Apartments in India are the dream of every individual. It is also considered as the largest investment of lifetime. But before anyone prepares the budget for their apartment in India, he should consider several added expenditure over the cost of the apartment. Floor rise charges of approximately Rs 25 per sq ft will be added [...] Continue Reading »
In a report by Global Property Consultants CBRE South Asia, it is stated that the cost of the residential properties in India has witnessed a steady rise. But there is no increase in the demand curve for those properties across India. The cost of the properties has increased because of several hikes in interest rate [...] Continue Reading »
Real estate in Pune is reported as favored destination amongst Real Estate PE funds since 2005.Most of the funds are based out of Mumbai, which gives Pune obvious preference, as the city’s proximity allows these funds to track and monitor the market. The interest in investing in Pune market is increasing, as it is among [...] Continue Reading »
A recent study made by a real estate consulting firm has revealed the fact that about 74 per cent home buyers across India are negotiating for a ready-to-move in property. Due to delay in construction, people are less interested in investing in newly launched projects. The survey was conducted in Delhi, Mumbai, Kolkata, Bangalore, Kochi, [...] Continue Reading »
