Realty News
Nagawara in North Bangalore is first developing as a one-stop destination for property buyers. The area is becoming popular as it is close to many schools, IT companies and hospitals. In Nagawara, the price of multi-storey apartments has seen an upward trend by 20 percent in October-December 2012 quarter. Presently, the sale price of multi-storey [...] Continue Reading »
Chennai – Bharat Engineering Construction Company Private Limited (BECC) has launched their new residential project named “ Alpha Lotus Towers’ at suburban Avadi, Chennai. This development sprawls across 2.2 acres of land with enough open spaces. There are total 121 units planned in four blocks. It will consist of total two and three residential units [...] Continue Reading »
New Delhi- Real estate of India hopes to get infrastructure status for affordable housing sector in the upcoming Union Budget 2013-2014. From the past three years the real estate sector has been longing for industry status. The recent tax benefit on home loans provided by the Finance ministry has boosted the industry’s hope. The Budgets [...] Continue Reading »
The demand for properties in and around Whitefield is increasing because of the connectivity, the creation of micro-market, proximity to workplaces and other social infrastructure. The Outer Ring Road is becoming a signal free corridor very soon, besides this, the eight-lane Peripheral Ring Road (PRR) will be connecting Tumkur Road, Hessargatta Road, DB Pura Road, [...] Continue Reading »
Chennai – The IT corridor of Chennai, Old Mahabalipuram Road (OMR) is yet again witnessing the tallest building in the state. This area already embraces two tallest buildings of the state. The latest and the tallest building of the state is launched by Archean Group. This tallest residential project is positioned near Siruseri IT Park [...] Continue Reading »
Lodha Group is all set to achieve a new feat which has not been achieved by any other builder. The group is set to get new sales of over 70% this fiscal year to cross the Rs 10,000 crore mark. The MD of the company has claimed that they have been in the Rs 5,000-6,000 [...] Continue Reading »
Environmental Clearance (EC), mandatory as per court order, made all construction work at Greater Noida region into a halt. The plots less than 20,000 square metrs are also included in the order criteria. State officials feels, developers are confused about the exact procedure; hence they have stopped the activity. Many projects in the region is [...] Continue Reading »
In the Union budget of 2013-14, the housing minister had asked the finance ministry to raise the tax deduction limit on home loan to Rs 2 lakh from the existing Rs 1.50 lakh. This decision will be a relief to the needful borrowers suffering due to high interest rates. This will also boost the housing sector through this relief [...] Continue Reading »
National Highways Authority of India (NHAI) is seeking to push a relief package for road developers as many are under stress and are finding it tough to raise debt and equity to finance projects they had bagged by offering to pay a premium. Now the agency is looking to get approval for a staggered payment which will [...] Continue Reading »
With one developer scrapping its project, the dream of affordable housing in Greater Noida West (Noida Extension) has started to shatter. Even though the master plan got approval from the NCR Planning Board, the issues of farmers and home buyers have still not been sorted out. Construction has not even resumed in several sites. Around [...] Continue Reading »
