Realty News
According to a report by real estate consultancy Cushman and Wakefield, the sector has received lower investments as compared to previous year. Last year, India was the 10th most invested location in the Asia-Pacific region. The report by the consultancy ‘Investment Market Beat-2013’showed that the APAC region received a record $487 billion in the real [...] Continue Reading »
A report by property consultant Jones Lang LaSalle throws light on the matter. According to the report, the elderly population is expected to grow to 173 million by 2025 and senior citizens are now being looked at as a potential real estate market. The report explains a lot of senior citizens are independent, financially stable, [...] Continue Reading »
As per the report, the Competition Commission of India has imposed a penalty of Rs 2.4 crore on DLF due to failure to comply with the regulators’ directions to cease and desist from unfair trade practices. CCI says that the “continued non-compliance” would obtain a fine of Rs 1 lakh per day. It further added [...] Continue Reading »
Are you planning to purchase a home in Pune? Are you interested on purchasing in a new project but within range of Rs 20-40 lakhs? If yes, then this is best time. There are number of new projects coming up in different parts of Pune. While some of these have already been delivered in the [...] Continue Reading »
If you are looking to purchase commercial space than, this good time to look at commercial spaces which are on top in most markets. After the financial crisis of 2008, prices in markets such as Mumbai plunge 30 percent. Currently the demand is increasing little up and the economy reviving because of which investors can [...] Continue Reading »
Companies may no longer be able to run money circulating schemes using real estate and travel agencies as surrogates. As per the Companies (Acceptance of Deposits) Rules, 2014, introduced by the ministry of corporate affairs, funds raised by any entity with an assurance to refund with or without interest at the end of the specified [...] Continue Reading »
According to an Assocham report, Maharashtra replacing Gujarat has appeared to be the number one investment destination in the country. An analysis by the industry group illustrated, as on December 2013 Maharashtra attracted investment proposals of Rs 14,73,466 crore cumulatively, while Gujarat drew proposals worth Rs 13,98,347 crore. The state’s focus on development of industrial [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, the country was able to retain 10th rank in Asia Pacific despite the investment in the real estate fell by 65% to $1.2 billion during 2013. Investment in real estate sector in India stood at $3.4 billion during 2012. “In the real estate sector India has received a [...] Continue Reading »
The developers – Aditya Birla Group owned Hindalco Industries Ltd, Saraf Agencies and state owned Odisha Industrial Infrastructure Development Corporation (Idco) – are yet to utilise full land within their notified SEZs. Around 115.70ha land is lying vacant in Hindalco’s aluminium products SEZ at Lapanga near Sambalpur. Saraf Agencies have 105.20 ha land lying vacant. [...] Continue Reading »
Sonipat-Kundli and Panipat region is increasingly becoming popular with developers and investors alike. Few of the developers in the region are TDI, Ansals, Kamal Ideal Infratech Pvt Ltd, Jindal Real Estate, Eldeco, Parker, Omaxe, Parsvnath, Vardhman, Apex Developers, among others. The area has also seen great increase in terms of population and infrastructure development. It [...] Continue Reading »
