Community
The developers associations in Mumbai are not expecting any price cut for the properties in Mumbai. Due to the slow approval process, high input cost and the higher lending rate of funds, it is not possible for the developers to reduce the cost of properties in Mumbai. The association of builders (CREDAI and MHCI) are [...] Continue Reading »
The real estate trend of the Silicon City of India has been witnessing a drastic increase in the property prices. The real estate prices have touched the peak by about Rs. 33,000 per sqft. This property price was said to have been tagged to the upcoming apartment at the Kingfisher Towers also known as the [...] Continue Reading »
A luxurious apartment will be constructed in the place of a famous Studio in Mahalaxmi. One of the oldest studios in the city was bought by Piramal realty. In the joint development agreement with the owner of the studio, Piramal realty will construct a luxurious residential apartment in Mumbai. The total cost of the project [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) will construct a 100 acre township in Noida. This will be the first project by HDIL outside Mumbai. In this township project both plots and villas will be sold. HDIL is aiming to launch new project to enhance the cash inflow which will help them to reduce the debt [...] Continue Reading »
The electricity bill tariffs might get high! The Delhi power regulator recently proposed differential tariffs on the occasion of announcing the second fuel adjustment surcharge payable to discoms. As the BSES Yamuna has been allowed to levy a fuel surcharge of 7 percent, the East Delhi residents will end up paying high power tariffs. Whereas, [...] Continue Reading »
Vastushodh Gruhsandhi Yojana is launched by Vastushodh Projects in Pune to enhance the supply of affordable housing in Pune. Total cost of the project is estimated of Rs 225 crore. About 2400 residential units will be constructed in the project. The entire project will be developed in five different locations in the outskirt of Pune. [...] Continue Reading »
The Pune based real estate company Kumar Urban Development ltd has raised Rs 200 crore for its residential township project in Pune. KUL Ecoloch will be an integrated residential township located at Mahalunge in Baner, Pune. The total area of the construction will across 110 acres. Apart from residential apartments, hospital, mall and school will [...] Continue Reading »
According to real estate analysts more than five lakh apartments are under construction in the NCR. NCR is reported as the largest residential property market in India. The analysts also reported that the launching of new properties in NCR happened during the global economic slowdown period. Almost 50% of the 5 lakh residential units will [...] Continue Reading »
At Giriraj Apartments on Altamount Road in Mumbai, there is a redevelopment clash witnessed. It has been learnt that one group of residents are oppose the proposed self-development whereas the other group is approaching the ‘Stop Scam Redevelopment’ forum. The condition at Giriraj Apartments in Mumbai has turned very critical! The society’s managing committee since [...] Continue Reading »
The balcony wall collapse news at apartment in Chennai comes as a shocking news for the whole city. The balcony collapsed at Tamil Nadu Housing Board (TNHB) apartment complex in Manali New Town crashed a women to death leaving women and her children injured badly. The sources say that these apartments were constructed during year [...] Continue Reading »
