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Realty News

Rajarajeshwari Nagar witnesses an increase on rental values

Rajarajeshwari Nagar witnesses an increase on rental values
Raja Rajeshwari Nagar, an area located in South Bangalore. The locality has been named after a famous temple Rajarajeswari Temple which was built in early 1960s. Raja Rajeshwari Nagar is one of the nice residential localities in Bangalore. Raja Rajeshwari Nagar is one of the upmarket localities that has seen a noticeable rise in rental [...] Continue Reading »

Homes in Suburban Chennai turn costlier with growth.

Homes in Suburban Chennai turn costlier with growth.
Within the past two years a significant rise in land prices and escalating cost of construction have seen property prices in most city suburbs appreciate by over Rs. 1,000 per square feet. A study comparing six analogous residential localities on the outskirts of Chennai reveal that the prices have gone up by to almost 75% [...] Continue Reading »

Affordable homes: Affordable for whom?

Affordable homes: Affordable for whom?
Affordable housing is meant for people belonging to low-income group to help them buy their own homes. Such projects offer the eligible first-time purchasers a chance to own newly constructed houses or apartments at lesser prices compared to the then market value. Leading developers like Tata Housing, Jaypee, Wave Infratech, etc. have experimented with affordable [...] Continue Reading »

Residential Realty on rise in Magadi Road

Residential Realty on rise in Magadi Road
Magadi Road, the stretch connecting Majestic to Magadi in West Bangalore, has been witnessing high growth in residential segment. The area offers residential villas and residential plots at comparatively lower rates than other parts of the city. Rajajinagar and Malleshwaram are the areas present in close vicinity. Some of the surrounding areas include Vijay Nagar, [...] Continue Reading »

Farmhouses, a value add for real estate in Gurgaon

Farmhouses, a value add for real estate in Gurgaon
With the new farmhouse policy in the final stage of formulation by the Haryana government, Gurgaon is now all set to develop farmhouse colonies as the latest entrant to its real estate kitty. As per the draft policy a farmhouse colony would be a cluster of 20-30 farmhouses, spread over at least 100 acres, each [...] Continue Reading »

Despite promises, realty sector faces supply crunch

Despite promises, realty sector faces supply crunch
The year 2013, is expected to be the year of delivery for residential projects that were stuck for some time. Developers claim that they are going to supply a large number of units this year. According to a survey done by one of the research firms, in Gurgoan, the projected supply was 38,684 units in [...] Continue Reading »

Kanjur Marg: Upcoming suburb in Mumbai offering Budget Housing

Kanjur Marg: Upcoming suburb in Mumbai offering Budget Housing
Mumbai: Kanjur Marg is an upcoming destination for the affordable housing seekers in Mumbai.  This suburb lies in between Vikhroli and Bhandup. It is generating good employment opportunities and has commercial spaces like Damji Shamji Business Galleria in Kanjurmarg West. Damji Shamji Business Galleria is fully air-conditioned, has retail as well as commercial spaces making [...] Continue Reading »

Mumbai, Gurgaon and Bangalore witnessing property price hike

Mumbai, Gurgaon and Bangalore witnessing property price hike
Mumbai, Gurgaon and Bangalore have been witnessing steady appreciation in property prices for over four years now. The property prices in Mumbai went up by an average 66 per cent, whereas Gurgaon saw an average rise of 52 per cent closely followed by Bangalore with an average of 46 per cent. Experts believe that the [...] Continue Reading »

Delhi to get 500 concrete roads

Delhi to get 500 concrete roads
New Delhi- Public Works Department (PWD) is all set to lay around 500 concrete roads in the city on a move to improve the lifespan of stretches prone to water logging. Najafgarh-Nangloi, Uttam Nagar-Najafgarh and Rama Road near Karol Bagh are among the main stretches of the 500 roads, while rest of them are small [...] Continue Reading »

NHAI: Kishangarh-Udaipur-Ahmedabad stretch

NHAI: Kishangarh-Udaipur-Ahmedabad stretch
Reports suggesting that National Highway Authority of India’s (NHAI) decision to allow highway developers to collect toll from the highway users first and pay later to NHAI was overturned by the Law Ministry, have recently surfaced. The road ministry has vocally confirmed that the affair of permitting road companies to collect toll now and pay [...] Continue Reading »



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