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Apartment News

Mumbai housing societies refusing to rent apartments to TV actors

Mumbai housing societies refusing to rent apartments to TV actors
As a result of the Arunkumar Tikku and Karan Kakkar murder case, the housing societies in Mumbai are refusing to allot flats to the singletons and small TV artists. Many TV actors are getting notice from the apartment communities in Mumbai to get their parents or vacate the places. The real estate agents are also [...] Continue Reading »

Youth drowns in Swimming pool of Woodstock Apartments

Youth drowns in Swimming pool of Woodstock Apartments
The swimming pool of Woodstock Apartment in Versova became a witness of a death of a 20 years old youth. At a late night party in the poolside of Woodstock Apartments, Imran Shaikh’s body found lying still in the water. The other friends then took him to the nearby Cooper Hospital in Vile Parle (W), [...] Continue Reading »

New housing policy is essential for Kashmir

New housing policy is essential for Kashmir
The shortage of residential apartments are increasing in Kashmir. The population is expected to increase by 1 million till 2020. The people of Kashmir will find it difficult to provide them with residential places in near future. The forests are disappearing to support the upcoming need of lands for construction of residential, industrial, agricultural, or [...] Continue Reading »

Skyline launched its 114th project

Skyline launched its 114th project
Skyline Axis, at Paravattani will be the 114th project by the Skyline Builders. The luxurious apartment will be constructed over an area of 1.43 acres of land. The place is just 3.4km from Swaraj Round and 1.8km from Mannuthy bypass. All luxury amenities like an air-conditioned multi purpose recreation hall, fitness centre, guest suite, swimming [...] Continue Reading »

Project delays are concerning investors

Project delays are concerning investors
Most of the projects in Gurgaon became a concern for the home buyers and the investors. When analysts calculate the appreciation values of the projects, construction delay works as a negative pulse on the  return on interest. The normal appreciation value of real estate properties are in a range of 25-30%. After adding the delay [...] Continue Reading »

Impact fee rates reduced in Gandhinagar

Impact fee rates reduced in Gandhinagar
The state government has decided to reduce the impact fee rates after witnessing a poor response from the owners of the properties of Gandhinagar. The government also plans to simplify the process to regularize unauthorized constructions under the Act. The decisions were taken at a high-level meeting between state Urban Development Department officials and municipal [...] Continue Reading »

Home prices may increase in next six months

Home prices may increase in next six months
Real estate consultancy firms expects home prices to undergo high appreciation after six months. According to them potential home-buyers have a small window of opportunity over the next six months to buy real estate properties in India. The analysts found that builders will be able to maintain high cost of apartments as the demands will [...] Continue Reading »

Home sales in Mumbai has increased

Home sales in Mumbai has increased
The real estate market in Mumbai has been affected badly during the slowdown. But in the first three months the sale of apartments has gained momentum in Mumbai real estate market. The registration department has recorded a 37% increase in the sale of residential apartments in the month of March. The rental properties also see [...] Continue Reading »

Launch of phase III of Satya Villa De in Ghaziabad

Launch of phase III of Satya Villa De in Ghaziabad
Ascent Buildtech has launched phase III of its five-acre project Satya Villa De at Raj Nagar Extension, Ghaziabad. The construction of the third phase will require an investment of Rs 60 -70 crore. The first phase of the project is about to complete and the possession of apartments will be given to the owners in [...] Continue Reading »

BBMP planning to treat service apartments as commercial property

BBMP planning to treat service apartments as commercial property
The Bruhat Bangalore Mahanagara Palike (BBMP) is planning to bring the serviced apartments in Bangalore under the commercial property tax. Currently BBMP is rushing to complete the Property Identification Data project (PID). They hope this drive will bring serviced apartments and hidden commercial complexes to light. And the revenue collection will increase simultaneously. As the [...] Continue Reading »



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