Apartment News
The prices of real estate properties at Chandigarh in Panchkula is sky-rocketing. Buying a plot has become a distant dream for a common man in Panchkula. This real estate scenario had sometime diverted common people’s mind to forcibly get adjusted to apartment culture. However, in recent times the prices of apartments in Chandigarh comes only [...] Continue Reading »
Along with the country the real estate in Ahmedabad also witnessing slow progress in terms of sale. The entire real estate sector is under tremendous pressure. The price of real estate projects became stable after a high rise in last two years. The crunch in liquid inflow made the landowners and the builders for opting [...] Continue Reading »
The area of the Chennai city has grown around 250% in times. But the tax collected by the city corporation has been dropped by 5% in last fiscal year. The officials say the technical problem and the stuff crunch are main causes for the less collection of tax. Till march 31, the tax collection target [...] Continue Reading »
The government of Mumbai has introduced the new development control regulations for the properties in Mumbai. According to the new Floor Space Index (FSI) calculation, the balcony, flower beds, ducts, car decks, etc. will not be included in the salable floor area. However according to builders association this decision will increase the cost of the [...] Continue Reading »
The real estate-focused private equity (PE) firm ASK Property Investment Advisors Pvt. Ltd has planned to invest Rs 100 crore in the redevelopment project in Mumbai By the Godrej Properties. The ASK group has taken 49% stake of the project. the redevelopment projects are considered as a difficult way of construction. The other PE transaction [...] Continue Reading »
The 13th Main road at Indiranagar Bangalore seems not to open at all. Even after the Supreme Court’s verdict, the Bangalore Development Authority (BDA) is still yet to open and save commuting time for the citizens. Due to delay in opening of this road, there is regular road blockage on 12th Cross of 13th Main [...] Continue Reading »
A new residential complex ‘Vishwas Natasha Residency‘ by Vishwas Bawa Builders, launched in Mangalore. This is the latest residential apartment at Ashok Nagar, Mangalore. The opening ceremony was held on 2nd April, 2012. This project is the 19th completed project by the builders. The apartment is set in a quiet locality and very near to [...] Continue Reading »
A recent study related to the rental apartments in Pune has revealed that the cost of rent is increasing in Pune. 16% rise in the rental amount is recorded for the apartments in Kalyaninagar, compared to last year. As the cost of the new apartments are increasing and there is no scope of any reduction, [...] Continue Reading »
The Confederation of Real Estate Developers’ Association of India (CREDAI), Nashik has elected Kiran Chavan as the president. The priority of CREDAI, Nasik will be to encourage the builders of the region to construct the Green apartments in Nashik. They also concentrate on the beautification and planned construction of the city. CREDAI will also take [...] Continue Reading »
The entire real estate market is facing a tough time for selling the high valued luxurious apartments. In this scenario the demands for low priced affordable apartments in Ahmedabad remains high. The builders in Ahmedabad have decided to construct more than 15000 affordable residential apartments in various location of the city. According to the builders, [...] Continue Reading »
