Apartment News
One of the most demanding destination for residential properties in Bangalore is Koramangala. It is quite surprising to know that 25 to 30 years earlier the place was not considered as a great place to live in. The scenario changed after the constructions of Raheja Arcade by Raheja Developers and the construction of Forum mall [...] Continue Reading »
The cost of new real estate projects in Mumbai are increasing sharply. But the cost of properties for resale have not increased since 2010. According to a real estate research firm, the developers are artificially raising the cost of the new launched properties. According to a report by the registration department in Mumbai, there has [...] Continue Reading »
Maharashtra Housing and Area Development Authority (MHADA) has planned for a joint venture with private developers to construct residential apartments in Mumbai. MHADA took this decision, as the cost of the properties are rising beyond the reach of the common man and there is a huge difference between demand and supply of residential apartments in [...] Continue Reading »
According to a recent survey made by a consulting firm, residential properties in Delhi are selling much faster than any other cities in India. According to the survey, Delhi has almost 1.6 million units of unsold apartments and it will only take almost 23 months to sell these apartments. The reasons behind the speedy sale of [...] Continue Reading »
Pushkara, the premium lake view residential apartment complex at Old Mahabalipuram Road (OMR) Chennai, has been launched by the Marg ProperTies, the real estate arm of Marg Limited. Pushkara will be constructed over an area of 3.84 acres and will comprises 204 homes including Studio (1 BHK), 2 BHK and 3 BHK apartments over five [...] Continue Reading »
A civilian training helicopter of the HAL Rotary Wing Academy was forced to land on the roof of an apartment in Bangalore. The incident happened in the GM Palya residential area when the engine of the chopper failed and safely landed on top of the Maithri Opulence in GM Palya.The residents of that area were [...] Continue Reading »
Most of us have come across situations where landlord give their house on rent to vegetarians only. But here comes a special case of Sri Nanjundeshwara Developers who sell their flats only to vegetarian. Madhav Rao, the owner of Sri Nanjundeshwara Developers, has been selling flats to only vegetarians, from almost a decade. The builder, [...] Continue Reading »
It is reported by the member of Rajya Sabha that the issues related to construction of residential apartment on Delhi outskirts and Noida extension are still unresolved. The delay in resolving the concerns is happening due to the red-tapism of the government. The member of the parliament has also claimed that The National Capital Region [...] Continue Reading »
GHMC has planned to revise the property tax rates for the property in Hyderabad. The owners of the real estate property in Hyderabad are expecting the general revision of property tax , which will be implemented in the next financial Year. According to sources, the GHMC has set a target to collect Rs 1000 crore [...] Continue Reading »
The real estate in India is emerging as the largest driver for the growth in GDP. With the growing population the need for apartments are increasing. But, the increasing population is becoming a threat to the natural resources. To preserve the natural resources and to reuse them, the builders are now moving towards the construction [...] Continue Reading »
