Realty News
Recently, the Jaipur Development Authority took over a piece of land on Sunday. The location was Bansathali Marg and was finished after the walls had been destroyed. The officials have mentioned that the Jaipur Development Authority had given away around 8,088 square metres of land for the establishment of a hotel. This had occurred in [...] Continue Reading »
An “over 100 per cent” hike in airport tariff has been fixed by airport tariff regulator AERA – the Airports Economic Regulatory Authority – for the Kempegowda airport in Bangalore. As a result of the hike, Rs 1,368 and Rs 342 per international and domestic passenger have been fixed by the AERA as user development [...] Continue Reading »
The construction of 14 strategic line projects, chiefly in border areas, will be expedited by the Railways Ministry. The border projects on which construction work will be speeded up have not taken off thus far due to paucity of funds. The Railways Ministry has stuck to its stance that the construction of the lines will [...] Continue Reading »
In an announcement made on Monday, the Karnataka government revealed that it has plans underway to launch a Road Information System (RIS) web portal, which will provide the citizens the requisite information about roads across the state. With the announcement about the planned launch of RIS web portal implying that the Karnataka government plans to [...] Continue Reading »
A Kerala Minister said on Monday that the Congress-led UDF government will not extend its cooperation to the proposed private international airport project at Aranmula. The work on the controversial Rs 2,000-crore Aranmula airport project, which is being touted as the first private greenfield airport project in India, has been brought to a standstill by the [...] Continue Reading »
There was a recent hike in cement prices and the real estate developer community is extremely upset about it as the cost of the projects will go up many folds as a result of this. The southern states are planning to play a demand and supply game to bring down the prices as they feel [...] Continue Reading »
A total of 5,44,870 buildings and construction workers have been registered in the recent past. This data is up to May 31, 2014 and under the Building and Other Construction Workers Act, 1996 registration process is a mandatory process of all the construction companies. A division bench headed by Chief Justice D H Waghela has posted [...] Continue Reading »
Consumers are now more keen to invest in ‘’ready- to- move- in’’ properties than availing the pre-launch offers. Due to the delay in construction, starting of the pre-EMIs and EMIs, the financial burden increases on the buyers as they have to pay for the EMIs as well as the rent (for their existing establishments) for [...] Continue Reading »
The recession of 2008 and 2009 was bad for the world economy and all the countries were more or less affected with the Europe and the US topping the list. However the global economy is slowly strengthening and the global GDP growth is estimated to rise to 3.5-4% in 2014. Post the financial crisis, the central [...] Continue Reading »
Pre-sales of residential units is a widely followed practice universally-you pay for the property in instalments as it comes up. Most of these instalments are paid by the housing loan which an individual has taken from a bank and the individual keeps on paying the EMI which includes the reducing principal balance and interest. In [...] Continue Reading »
