Apartment News
High Net worth Individuals are attracted by the high end real estate market in Bangalore. The launch of premium segment apartments in Bangalore are increasing as the demand for luxurious homes above Rs 1.5 crore is increasing. Some of the key luxury projects launched in 2011 includes Nitesh Logos at MG Road, Four Seasons’ CityView [...] Continue Reading »
A consumer forum in Faridabad has ordered the Real estate developer Triveni Infrastructure to refund Rs 6 lakh to one of its customers. The customer had booked a flat in a township project at Faridabad. even after four years of the booking, the customer is still waiting for the possession. The forum has found the [...] Continue Reading »
The Value & Budget Housing Corporation (VBHC) has planned to launch six budget housing projects in the country by the end of this year. The group has planned to construct two residential projects in Mumbai, two projects in Delhi and one project in Bangalore and one in Chennai. The first project in Bangalore by the [...] Continue Reading »
The supreme court has ordered the Haryana Urban Development Authority (HUDA) to stopped the construction of the Pinjore-Kalka Urban Complex. In the order, the court has told the Haryana government that ‘the entire land acquisition carried out in the area for developing the complex deserves to be quashed’. With this order the investors who have [...] Continue Reading »
With the changing times in India, trends in real estate sector is also changing. The theme of older cum intelligent homes are being replaced by smarter’ versions of technology. The improvement in technology has taken firm roots in bringing out smart homes in Indian cities. Today, the property owners are looking for concepts beyond four [...] Continue Reading »
The Casa Ansal apartment residents at JP Nagar 3rd Phase in Bangalore are witnessing loads and heaps of garbage being dumped in front of their building’s compound wall. The whole of J P Nagar 3rd Phase is suffering this problem, however to the outer world the locality is one of the posh areas identified in [...] Continue Reading »
The Surat Urban Development Authority has planned to increase the floor space index (FSI) on both sides of the Ring Road. This new idea will encourage the real estate developments in the areas by the ring road as SUDA has reserved 500 meters on both sides of the road for town planning schemes. In the [...] Continue Reading »
The Nagpur Municipality has decided to fast track the assessment work of properties in Nagpur. The work is pending for many years and this delay is causing a huge loss to the NMC. According to the Municipality there are 5.5 lakh properties in the city. It is necessary to reevaluate the properties in every five [...] Continue Reading »
According to analysts, the demand for residential properties in India will remain stagnant for some more time. After the reduction of the Repo rate by the RBI, the real estate sector hoped for some better scenario. Bu,t it is observed that the rise in demand is not happening as per the expectation. That is why [...] Continue Reading »
BBMP has planned to reconstruct the Ejipura EWS quarters. At present more than 1500 families are residing there and BBMP has started issuing biometric cards to people who were originally allotted houses by BBMP. After the collapse of few blocks of the quarters in 2003, many families moved out and rented their houses to other [...] Continue Reading »
