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Realty News

HUDCO introduces new housing plan for government employees

HUDCO introduces new housing plan for government employees
Housing and Urban Development Corporation is coming up with a new housing scheme, where low rank government employees can own a house for themselves. The state authority is in negotiation with the government agencies in Andhra Pradesh, Maharashtra, Punjab and Karnataka for its new Rent-to-Own scheme. Before the scheme is launched, a government agency will [...] Continue Reading »

Mahindra Developers likely to close 4-5 land acquisitions

Mahindra Developers likely to close 4-5 land acquisitions
Mahindra Lifespace Developers Ltd is planning to drop its idea to procure four to five lands as it is looking forward to plan new projects. So far, the company has signed eight memorandum of understanding (MoUs) for land acquisition. The managing director of the company revealed that two out of eight deals have been closed [...] Continue Reading »

High demand for 1 BHK flats in India

High demand for 1 BHK flats in India
One bedroom apartments are on high demand in India. Earlier people were of the mentality that one bedroom apartments are only for lower income group, which is no longer true. The category of buyers for 1 BHK apartments has changed with times. The average buyers of such apartments in Bangalore are newly wedded couples, single [...] Continue Reading »

Luxury homes in Koramangala witnesses 30 percent rise

Luxury homes in Koramangala witnesses 30 percent rise
Koramangala luxury homes that comprises row houses and villas have witnessed 25 percent to 30 percent year on year appreciation and it is unlikely that the prices would come down. Developers of villas in Bangalore are offering modern state of art facilities and amenities generally target high-end clients as their customers base. These villas are [...] Continue Reading »

Odisha govt to prepare master plan for land use control in towns

Odisha govt to prepare master plan for land use control in towns
Odisha- In order to monitor the land use control in urban areas, the Odisha government has decided to draft a master plan for all 106 towns by the end of 2014-15. The master plan in 53 towns was prepared by Geographical Information System (GIS) mapping and survey conducted through remote sensing. According to the Director [...] Continue Reading »

Ulsoor witnesses maximum demand for 3 BHKs

Ulsoor witnesses maximum demand for 3 BHKs
In January-March 2013 quarter, Ulsoor has seen a rise in demand for 3 BHKs by 34 percent compared to October- December 2012 quarter. Ulsoor is centrally located, begins near the eastern terminus of MG Road. Ulsoor is one of the oldest neighborhoods in Bangalore. What is the main reason that is driving the demand for [...] Continue Reading »

Haryana to become second Gurgaon

Haryana to become second Gurgaon
Haryana’s future city Kundli – Sonipat, the developing township, is soon to get Delhi Metro. In a recent meeting, the government has planned this new metro provision plan. Sonipat is situated on National Highway 1 and is only 20 minutes drive from Delhi’s western border near Narela. The proposed metro line will be an extension [...] Continue Reading »

Delhi to get five new sub-cities

Delhi to get five new sub-cities
Within few years, Delhi will witness five new sub-cities on the lines of Dwarka and Rohini by Delhi Development Authority’s (DDA) with it’s has launched a new land-pooling policy. This attempt of government hasn’t been able to meet since long time, but with the help of land-pooling policy, the developers or large landholders are allowed [...] Continue Reading »

Hyde Park: A residential layout by SRR Homes

Hyde Park: A residential layout by SRR Homes
SRR Hyde Park is a residential layout on Chandapur-Anekal belt. This layout is known to be approved by BMRDA. The project comprises of 202 units of villas and villa plots which is spread across 14 acres of land and provides a delightful lifestyle for all residents. SRR Hyde Park offers different size of plots with [...] Continue Reading »

Six new industrial parks to come up in TN

Six new industrial parks to come up in TN
Tamil Nadu- Recently, Industries Minister announced six new industrial parks across the state. These parks would spread over 8,000 acres and will be established in Cheyyar, Sriperumbudur, Tuticorin, Oragadam, Madurai and Tindivanam. The new industrial park in Sriperumbudur would spread over 1,780 acres and will create 3,000 and 20,000 direct and indirect employment opportunities respectively. [...] Continue Reading »



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