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The fashion of installing Rainwater harvesting system seems not to have fancied the minds of Bangalore residents. The main fact is that maximum of the population do not know the functioning and structure of this system. To prove the same, the “water man of Bangalore” Jeff D’Lemos a retired engineer says that he has been [...] Continue Reading »
The government of India has planned to set up committee to evolve a workable strategy for reducing the time taken in approval of real estate projects in India. According to builders association, faster approval process can reduce the cost of any project between the range of 20 to 40 percent. The minister of housing and [...] Continue Reading »
The vacancy rate of the office space in the real estate market in Chennai is growing. Seeing the trend, builders are moving towards the residential space for sure returns. It is reported that more than 30 percent of the office spaces are lying vacant in the peripheral areas such as Old Mahabalipuram Road (beyond Perungudi) [...] Continue Reading »
Real estate market in Chennai was predominantly a market for 2BHK and 3BHK apartments. According to a recent survey, it is reported that villas in Chennai are more in demand than conventional apartments. The report also revealed that the demand for luxury and studio apartments is also catching up in Chennai. The report has said [...] Continue Reading »
According to a report by a real estate analysis firm, the sale and launch of residential properties in Mumbai and its suburbs is still slugging. The rates of apartments are still on the higher side and the potential buyers are deferring their decisions and as an outcome the rental rates in Mumbai have started increasing. [...] Continue Reading »
The urban development department of Nagpur has proposed to reserve 20 percent of private apartments for the low cost affordable housing program. The builders of the city have opposed the proposal saying that it is government’s responsibility to provide affordable accommodation for the economic weaker section (EWS) of the state. The builders also said that [...] Continue Reading »
Vasathi housing is going to construct their second housing project under the affordable housing scheme. The residential project in Hyderabad will be developed at Chintal, which comes close to Balanagar and Kukatpally in the city. Navya, the affordable housing complex will have 190 apartments along with supermarket, polyclinic and pharmacy. The main aim of the [...] Continue Reading »
The Southern Command authorities will construct 1175 apartments in Pune. The apartments will be constructed for the defense personnel. All the apartments will be constructed over a period of three years. The construction of the apartments will be done on the same land where the post-retirement bungalow was constructed for the president of India. As [...] Continue Reading »
The Municipal Corporation of Nagpur has planned to introduce new modified NOC for the high rising apartments in Nagpur. The updated NOC needs to be collect by the new buildings with a height of over 25 meters. The standing committee will approve the new NOC structure for the fire safety. NOC from the fire safety [...] Continue Reading »
Smart living is adding competitiveness to the apartments in Bangalore. The developers are constructing more smart homes to attract home buyers for the new upcoming projects in Bangalore. Recently launched project Sobha Habitech by Sobha Developer is a major example of Smart Homes in Bangalore. According to the builders the smart home is the one [...] Continue Reading »
