Realty News
The 300-metre stretch of road from Vanchiyoor to Uppidamoodu in Thiruvananthapuram Kerala will be getting a costly makeover and construction works are to be carried out by the Thiruvananthapuram Road Development Company Ltd. Road Makeover Plans: The costly makeover which will be done to the 300 metre stretch of Vanchiyoor- Uppidamoodu road will include Widening [...] Continue Reading »
On Wednesday the Urban Development Minister has approved a proposal set in front of them by them by the Delhi Development Authority to increase the floor area ratio abbreviated as FAR. Simplifying this point, we get to the conclusion that this means the amount of building area with respect to the plot area has been [...] Continue Reading »
The Punjab State Affordable Housing Development Authority has been planned to be set up and headed by Chief Minister, Prakash Singh Badal as per a recent announcement made where he discussed his aims of providing “affordable housing for all” in the coming two years. Housing Development Authority: In a cabinet meeting held recently and headed [...] Continue Reading »
CommonFloor compared the apartments launched from 2010 to 2014 in its report “Reducing Apartment Sizes Across Major Metros – A Report” and inferred that apartments sizes have reduced in the last four years. While MMR witnessed a fall of almost 7 per cent during 2011 and 12.4 per cent in 2013, NCR witnessed a fall [...] Continue Reading »
The “vendor takeover” process should protect the interest of all the parties involved and also should satisfies the objectives between the three entities namely property owner, builder, new buyer. What is vendor take over? People are in need of selling their half constructed home in need to buy new homes and also due to outstanding [...] Continue Reading »
Upcoming budget plans reveal that the Centre is likely to maintain similar amounts of allocation for infrastructure sectors such as roads and highways with minor cuts in spending if necessary. The newly formed government in May 2014 plans to keep expenditure allocations same for the coming fiscal year. A top source at the Infrastructure Ministry [...] Continue Reading »
India is seriously lagging behind when it comes to completing the National Highways as per the target set during financial years. Over 6,300 km of National Highways were targeted to be completed during the current fiscal. However, the dismal pace of progress can be gauged from the fact that only 31 percent of this target [...] Continue Reading »
A team of BBMP corporators were on an inspection drive that identified the Bagmane Tech Park as one of the buildings whose property taxes were pending. Bagmane Tech Park Pvt Ltd paid a total tax of Rs.11.46 crore on Tuesday which was due since the last financial year. Bagmane Tech Park Pvt Ltd is located [...] Continue Reading »
The Noida Based Mahagun Group of Developers plans to make its foray into the luxury housing section as it foresees a great future for this segment in India. The Mahagun Group has already made its mark previously in the mid and upper-mid segment properties and Dhiraj Jain, the Director states his reasons for venturing into [...] Continue Reading »
Indians investment is 5.8 bn dollars in U.S. real estate which gradually increased to 6 per cent when compared to last year. Why Indians showing interest to buy properties in U.S.? For the past one year ended up to March 2014 it is estimating that 5.8 million dollars had invested in residential properties in United [...] Continue Reading »
