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Apartment News

Big projects dawn lower prices in Chennai

Big projects dawn lower prices in Chennai
In a rare occurrence that has had reverse effect on the escalating prices of apartments, a big  luxury apartment project launched by TVH Group in Adyar seems to have set a new trend.  TVH has brought down the prices by 16% where in the earlier prices were 16000 per sq. ft. It was a calculated [...] Continue Reading »

Mumbai sales market stagnates in June

Mumbai sales market stagnates in June
The Mumbai home sales market has stagnated in June due to high prices and most buyers stop purchasing and expect the prices to come down. The Mumbai real estate market piles up with unsold inventory amounting to 80,000 units which forms 37 per cent of the total residential supply under construction. However, rising inventory with [...] Continue Reading »

Flat sales down by over 61% in Mumbai

Flat sales down by over 61% in Mumbai
The Mumbai apartments sale in the financial year 2012 dropped by more than 60% from its peak in 2007 and 35% from 2011. The city’s real estate market has stagnated with only 45,000 apartments sold in the Mumbai metropolitan region (MMR) during 2011-12, well below the market average of 80,000 units annually. A report released by Knight Frank research [...] Continue Reading »

TVH announces Rs 600-cr apartment project

TVH announces Rs 600-cr apartment project
Real estate developer True Value Homes India has announced a Rs 600-crore super premium apartments project ‘Quadrant‘ in Chennai on Monday. Chairman N Ravichandran said the firm will begin its construction on the 18-storeyed building this week. He also said that Quandrant will have about 100 units with a size of 2,000 sq ft to [...] Continue Reading »

Green buildings project begins in Kerala

Green buildings project begins in Kerala
The Kerala State Housing Board is set to launch commercial ventures to build 60 green apartments in Kochi and Thiruvananthapuram. The apartments will be set up on land it owns in Panampilly Nagar in Kochi and Ambala Nagar in Thiruvananthapuram. The Board has applied for Green Rating for Integrated Habitat Assessment (Griha), the national rating [...] Continue Reading »

Gurgaon luxury projects target Golf Course Extension Road

Gurgaon luxury projects target Golf Course Extension Road
The builders and developers of Gurgaon have chosen Golf Course Extension Road as the home to their upcoming luxurious residential projects. This new developing locality is well connected to Indira Gandhi International Airport, NH-8 and South Delhi. Road No. 9 has been developed from Sikandarpur to Golf Course Road which further gives connectivity to Sohna [...] Continue Reading »

Special rate scheme on home loans not the same as it looks!

Special rate scheme on home loans not the same as it looks!
Few years back, the home loan which was provided under teaser loan scheme by a housing finance company (HFC), is not the same anymore when repaying it back. The prepayment charges amounted to Rs 2 lakh for a person who had availed a Rs 1 crore loan under that special rate scheme. As per a [...] Continue Reading »

G R Constructions And Developers, one of the prominent names in Bangalore

G R Constructions And Developers, one of the prominent names in Bangalore
G.R.C Group or G R Constructions And Developers has been developing some of the quality projects in Bangalore quiet a while. They are in the market from past ten years and have grown to be one of the brand names along with the biggies in the sector. Their main aim is to emphasize on quality, [...] Continue Reading »

GR Sagar Nivas, a new launch in Sarjapur Road

GR Sagar Nivas, a new launch in Sarjapur Road
A new residential project called GR Sagar Nivas is coming up near to the IT park in Sarjapur Road. The project is being developed by G R Constructions And Developers and guarantees to provide elegance and comfort for the residents. The developers also promise of a quality that you have been looking for in your [...] Continue Reading »

Builder fined 20 lakh for not handing over flat

Builder fined 20 lakh for not handing over flat
A builder has been directed to pay for the execution of conveyance, agreement and registration for a 1.000-sq-ft flat for not handing over to a buyer seven years after the full payment of Rs 22 lakh was made. The Maharashtra State Consumer Disputes Redressal Commission also told the builder to hand over the  flat on [...] Continue Reading »



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