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Real estate in Pune is reported as favored destination amongst Real Estate PE funds since 2005.Most of the funds are based out of Mumbai, which gives Pune obvious preference, as the city’s proximity allows these funds to track and monitor the market. The interest in investing in Pune market is increasing, as it is among [...] Continue Reading »
A recent study made by a real estate consulting firm has revealed the fact that about 74 per cent home buyers across India are negotiating for a ready-to-move in property. Due to delay in construction, people are less interested in investing in newly launched projects. The survey was conducted in Delhi, Mumbai, Kolkata, Bangalore, Kochi, [...] Continue Reading »
High Net worth Individuals are attracted by the high end real estate market in Bangalore. The launch of premium segment apartments in Bangalore are increasing as the demand for luxurious homes above Rs 1.5 crore is increasing. Some of the key luxury projects launched in 2011 includes Nitesh Logos at MG Road, Four Seasons’ CityView [...] Continue Reading »
A consumer forum in Faridabad has ordered the Real estate developer Triveni Infrastructure to refund Rs 6 lakh to one of its customers. The customer had booked a flat in a township project at Faridabad. even after four years of the booking, the customer is still waiting for the possession. The forum has found the [...] Continue Reading »
The Value & Budget Housing Corporation (VBHC) has planned to launch six budget housing projects in the country by the end of this year. The group has planned to construct two residential projects in Mumbai, two projects in Delhi and one project in Bangalore and one in Chennai. The first project in Bangalore by the [...] Continue Reading »
The supreme court has ordered the Haryana Urban Development Authority (HUDA) to stopped the construction of the Pinjore-Kalka Urban Complex. In the order, the court has told the Haryana government that ‘the entire land acquisition carried out in the area for developing the complex deserves to be quashed’. With this order the investors who have [...] Continue Reading »
With the changing times in India, trends in real estate sector is also changing. The theme of older cum intelligent homes are being replaced by smarter’ versions of technology. The improvement in technology has taken firm roots in bringing out smart homes in Indian cities. Today, the property owners are looking for concepts beyond four [...] Continue Reading »
The Casa Ansal apartment residents at JP Nagar 3rd Phase in Bangalore are witnessing loads and heaps of garbage being dumped in front of their building’s compound wall. The whole of J P Nagar 3rd Phase is suffering this problem, however to the outer world the locality is one of the posh areas identified in [...] Continue Reading »
The residents of Malleswaram 15th cross locality in Bangalore are facing trouble due to mobile tower left unattended on the main road. One of the mobile transformers is placed in the parking lot at 15th cross Malleswaram for the last six months. The Bangalore Electricity Supply Company (BESCOM) has ignored mobile transformers completely. With the [...] Continue Reading »
The Surat Urban Development Authority has planned to increase the floor space index (FSI) on both sides of the Ring Road. This new idea will encourage the real estate developments in the areas by the ring road as SUDA has reserved 500 meters on both sides of the road for town planning schemes. In the [...] Continue Reading »
