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Realty News

RBI cuts repo rate for third time in 2013

RBI cuts repo rate for third time in 2013
Mumbai: On a move to step up real estate sales, Reserve Bank of India (RBI) has cut Repo Rate for the third time since January by 25 basis points. However, the lowering of the Repo rate by 0.25 percent may no sooner be beneficial to home loan seekers as it is too small to have [...] Continue Reading »

Private equity investment hots up in Bangalore

Private equity investment hots up in Bangalore
Bangalore- Inspite of ups and downs, India has been an attractive market for Private equity (PE) investors. The PE firms have deeply penetrated Indian real estate market. Majority of investors exist in residential and commercial segment. PE funds are now a major channel of financing real projects in India. The PE firms prefer to invest [...] Continue Reading »

Delhi-Mumbai Industrial Corridor ’s new land may boost Dwarka real estate further

Delhi-Mumbai Industrial Corridor ’s new land may boost Dwarka real estate further
Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) will soon be allotted a huge land of 130-acre prime land which is adjacent to the Indira Gandhi International Airport ( IGIA) for constructing a complex that would include a convention center, hotels and luxury housing/service apartments. The company wants to construct the complex in the land of 100 [...] Continue Reading »

Redevelopment projects gaining pace in Mumbai

Redevelopment projects gaining pace in Mumbai
Mumbai: Redevelopment seems to be a logical solution to meet the housing need of Mumbai city.  This solution can also become a boon to improve physical and civic infrastructure of the city. The new DCR rules allows FSI of 4 for all cluster redevelopment in the specific areas of MMR (Mumbai Metropolitan Region), which is [...] Continue Reading »

CCTV cameras must for flats and apartments

CCTV cameras must for flats and apartments
Since security has become a great concern in today’s world, many apartment communities have started installing CCTV cameras. Closed-circuit television (CCTV)’s are mandatory in and around your house premises for your own safety and security. Many of the Delhi’s residential colonies have made mandatory the CCTV installment in their respective. The CCTV cameras work safety [...] Continue Reading »

“Wave One” a luxurious commercial project by Wave Infratech in Noida

“Wave One” a luxurious commercial project by Wave Infratech in Noida
Wave Infratech sets its hopes high for their super ultra-luxurious commercial project in Sector 18, Noida. With a total built up area of around 10, 00,000 sq. ft.; this iconic landmark building will boast of 37 floors consisting of an Ultra-luxury Hotel, Commercial space, Retail space, Multiplex and many more. Christened ‘Wave One’ the project [...] Continue Reading »

Impact of upcoming Mass Transit system on Mumbai real estate

Impact of upcoming Mass Transit system on Mumbai real estate
Mumbai: Delhi, Bangalore, Kolkata and Hyderabad have been experiencing a boost in property prices with the initiation of Metro. Following the same trend, it is predicted that the upcoming metro in Mumbai will have a positive impact on all the micro markets and the property prices are expected to increase along the route of metro. [...] Continue Reading »

Realtors turn commercial space into residential

Realtors turn commercial space into residential
Real estate developers are facing difficulty to sell office space in Mumbai because of the the poor sales and falling rentals in this segment, so a number of builders are converting their commercial projects into residential ones. Builders are also finding it easier to work on housing projects, given the self-financing ability of residential projects through [...] Continue Reading »

Thane: Affordable real estate market in Mumbai

Thane: Affordable real estate market in Mumbai
Thane: With the increase in price for the existing affordable locations, such as Virar, Dombivali, Vasai etc., the demand for budget housing in Thane is shifting to nearby localities such as Palghar and Shahapur. Palghar, located 90 km from Mumbai is a well-developed locality with all the social infrastructure developments like schools, hospitals, colleges, shopping [...] Continue Reading »

Office space in demand despite slowdown

Office space in demand despite slowdown
Honeywell Technology Solution, one of the global technology firms, is taking up a million square feet of office space in Bangalore. This is the second biggest office leasing deal in the last two years in the country after Goldman Sachs took up 1.6 million sq ft in the city a year ago. RMZ has quoted [...] Continue Reading »



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