Realty News
The much-awaited Real Estate (Regulation and Development) Bill has obtained clearance from the Cabinet on 4th June. The Bill is expected to bring in transparency in the nation’s real estate sector with tighter norms for selling projects and preventing property fraud cases. This Act may be called as the Real Estate (Regulation and Development) Act, [...] Continue Reading »
New Delhi: The apex consumer commission has directed prominent realty company Unitech Ltd to reimburse approximately Rs 14 lakh towards delay in possession. The customer – a Sanjay Goyal spent the same on rent due to the delay in possession date of the flat which he had bought. Over Rs 1.37 crore was paid by [...] Continue Reading »
Hyderabad: Due to lack of coordination between the state revenue department and the DEO, the survey of the state’s defence land is getting delayed. Overview: Headed by the special commissioner – Chief Commissioner of Land Administration (CCLA) as chairperson the state government has set up a committee to resolve defence land related issues. IVR Krishna [...] Continue Reading »
Noida sector 62 has become one of the favourable for investment in real estate among all the developing sectors in Noida. Sector 62 is primarily enjoys real estate with a mix of residential and commercial property. Connectivity: The rapid metro connection makes the locality one of the better region for investment in the national capital [...] Continue Reading »
Overview: Hyderabad’s realty market which had been witnessing a prolonged slump is in a gradual phase of recovery. Ready-to-move inventory is finding takers and an improved off-take in residential stock was observed during the financial year of 2012. The IT/ITES corridor in the western and north-western regions of the city have been showing signs of [...] Continue Reading »
Bannerghatta Road was earlier known as Anekal Road but later was renamed as Bannerghatta Road. The Bannerghatta Road commences from Adugodi and terminates at the Bannerghatta National Park, beyond this point it is known as Jigani-Anekal Road. The locality has many reputed IT companies along with educational institutions. Initially the road was merely used by [...] Continue Reading »
Over the years, real estate has grown vastly in the prime cities of India such as Mumbai, Delhi-NCR, Chennai, Bangalore and Kolkata. The leading cities witnessed rapid growth with the wide-spreading industrialisation attracting massive population. After the tier-1 cities, now it’s time for the tier-2 and tier-3 cities to see significant pressures on their infrastructure [...] Continue Reading »
The segment of home loans continues to witness strong growth despite the slowdown in the economy. According to the vice-chairman & CEO of HDFC Ltd – Keki Mistry; the fiscal year of 2014 is expected to be yet another year of good growth in regards to home loans as customers bring forward home purchases to [...] Continue Reading »
Residential real estate market in Bangalore is witnessing growing demand for mid-end homes. Though the nation’s real estate market is seeing slowdown in economy, Bangalore possesses the potential to withstand it. Last year, the city has seen around 35,500 residential units launches and approximately 8000 units in first quarter of 2013. According to Knight Frank’s [...] Continue Reading »
In the last three years, the number of unsold housing units in prime cities such as Delhi-NCR, Mumbai and Hyderabad have nearly doubled, indicating that the real estate in India would need a long time to recover from. Liases Foras, a real estate consultancy and research firm has revealed that the stock level of residential [...] Continue Reading »
