Realty News
Online space is projected to be the very important medium for property buying. Until now it was restricted to checking designs and prices of properties. However, it may take a few years before online property buying becomes as common as purchasing clothes, electronics or books by the click of a mouse. Real estate companies inform [...] Continue Reading »
Kolkata Metropolitan Area has been segregated into eight micro-markets by Crisil Research. Around 6% of the total upcoming supply in Kolkata is estimated to come from Salt Lake area, as per Crisil Research’s estimates. Between 1958 and 1965, Salt Lake was developed as a satellite township. Several national and international information technology (IT) companies have [...] Continue Reading »
It might come as a relief for homebuyers hit by a volatile floating rate loans. The National Housing Bank (NHB) has planned to use a large portion of tax-free bond proceeds to shore up long term fixed-rate mortgage loans manily for low and moderate income housing in urban areas and suburbs. NHB has been working [...] Continue Reading »
The GMR group which grabbed the bid for the Mactan Cebu international airport project in the Philippines is facing problems as a petition has been filed against them in the country’s Supreme Court to scrap the deal. Mr. Serge R Osmeña III, a Philippine politician, says that GMR group broke the bid rules that barred [...] Continue Reading »
As per realty experts, for property developers as well as other allied services providers senior citizen are emerging as a new customer segment for creating a proper assisted living environment for them. According to a report by property consultant Jones Lang LaSalle, senior citizens are now being looked at as a potential real estate market [...] Continue Reading »
According to a report, in the third quarter of the current fiscal, Investment cycle in the construction sector is likely to improve if a stable government comes to power at the Centre after the general elections. Credit rating agency ICRABSE mentioned in its report that until September, though there were expectations of facing execution challenges [...] Continue Reading »
Axis Bank, India’s third largest private sector bank, on the occasion of its 20th Anniversary launched ‘Asha Home Loan’ earlier this week. This is a 30-year home loan product for first-time home buyers in the lower income segment looking for affordable EMIs. Asha Home loans are for customers with family incomes of 8000-10,000 per month [...] Continue Reading »
The development of roads under Pradhan Mantri Gram Sadak Yojana (PMGSY) is done by operating cold-mix technology; this is suggested by the Union rural development minister to the chief minister of Jharkhand. Mr. Jairam Ramesh, in a recent letter to Mr. Hemant Soren, asked to complete the roads which were sanctioned earlier by using the [...] Continue Reading »
Gurgaon and Noida realtors this navaratri are concentrating on clearing inventories, moving with their independent strategies. Noida realtors are doling out freebies and discounts to rap up inventories on the other hand Gurgaon developers to expedite sales, are doing every possible effort to meet their project completion deadlines. Some well-known Gurgaon-based players taking up the [...] Continue Reading »
GMR spokesperson says that GMR and its partner plan to double the passenger capacity to 14 million per year in the next three-four years. The consortium consisting of GMR and Philippines’ Megawide Construction Corp was recently awarded a 25 year contract for the development of the country’s second largest airport. The spokesperson says that the [...] Continue Reading »
