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Apartment News

Real estate builders are stealing power for construction

Real estate builders are stealing power for construction
Power stealing is became a practice among the real estate builders and developers in Chennai. Total 34 cases for stealing power have been registered for different property constructions in Chennai. The Revenue collection department for power also has collected Rs 3.93 crore as fine for stealing power from different builders. In 2011-12 total fine collected [...] Continue Reading »

Rules for house construction

Rules for house construction
Everyone is dreaming of owning a house. But to construct a house anyone needs to follow certain rules. First of all the approval of the building plan is required. Along with the plan certain clearance from the fire safety, environment and transport departments are required before starting the construction work. In most metro cities of [...] Continue Reading »

HC asked to remove trespasses on Tiruvannamalai hill

HC asked to remove trespasses on Tiruvannamalai hill
The Madras High Court has directed the State government to take immediate action to remove trespasses on the Tiruvannamalai hill. The order was given for a petition filed against the  illegal encroachments and land grabbing activity on the hill. Several lodges were constructed on the hill in the name of the temple. And to construct [...] Continue Reading »

Thieves entered into Rajkot Bungalow

Thieves entered into Rajkot Bungalow
Thieves broke into a posh bungalow on Kalawad Road and disappeared with cash and ornaments worth Rs 3.2 lakh. At the time of the incidents, the owner of the apartment was sleeping at his room in first floor. Devanshi Villa, where the incident took place is situated near Drive-in Cinema on Kalawad Road. The owner [...] Continue Reading »

Sales of apartments increased in Mumbai

Sales of apartments increased in Mumbai
Mumbai’s residential home sales recovered from a three-year low in the quarter ended in March. This increment in sales happened as several new projects in Mumbai were launched during the period. Now a days, Mumbai is India’s most expensive property market. Still the number of unsold apartments are much higher in Mumbai real estate market. [...] Continue Reading »

Monthly rentals increasing in Hyderabad properties

Monthly rentals increasing in Hyderabad properties
A.S. Rao Nagar is emerging as costliest rental localities in Hyderabad. The place has witnessed the steepest hike of 26.7% in monthly rentals that rose to Rs 95 per sqft. Punjagutta area of Hyderabad is another hotspot destination for the residents. The rental rates has increased upto Rs 120 per sq ft with a 20 [...] Continue Reading »

Luxury housing in Indian real estate market

Luxury housing in Indian real estate market
Luxury homes should not necessarily mean the most costliest property in the real estate market! However, each one of us have our own ways of defining the concept of “luxury homes”. Depending on individual social status and lifestyle, the property buyers are categorizing this concept. In the similar way real estate developers cater “luxury homes” [...] Continue Reading »

Service and studio apartments in demand

Service and studio apartments in demand
The studio apartments has become famous in cities like; Bangalore, Pune and Gurgaon in India. The serviced and studio apartments provide the best of best facilities and amenities. Shading behind the real time apartments in India, studio apartments is more in demand. Even the developing city like Kolkata is following the same real estate trend. [...] Continue Reading »

MCHI said Maharashtra government is not interested in affordable housing

MCHI said Maharashtra government is not interested in affordable housing
Maharashtra Chamber of Housing Industry (MCHI) said that the state government is not helping the builders for constructing affordable housing. The government has not amended the constructing rule for the construction of affordable houses in Mumbai. The approval process is still taking long time which leads to increasing cost of construction. The government officials are [...] Continue Reading »

Bangalore stands better to Mumbai in residential prices!

Bangalore stands better to Mumbai in residential prices!
Bangalore, the garden city has hit the highest residential price when compared to other cities in India. The highest Rs 33,000 per sqft is never recorded before in the history of Bangalore’s residential real estate market. However, one can have a sigh of relief as Bangalore city is way ahead of Mumbai which costs Rs [...] Continue Reading »



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