Realty News
Pune Municipal Corporation has recently proposed to decrease tax rebate for repairing properties in Pune from 15% to 10%. The charging of 15% tax rebate was first initiated 42 years back. This proposal has been decided for both residential and commercial property owners for repair of their properties and make it 10 percent as per the [...] Continue Reading »
Surat- As we know that developers are keen in developing affordable housing projects in Gujarat. This is all due to industrial progress of the state which majorly includes Surat city. Many places of Gujarat like Ahmedabad, Surat and Vadodara witnessed major real estate growth. On one hand, the prices of commercial space in metro increased [...] Continue Reading »
Premia Projects, which has launched its Commercial Real Estate Project in 2012, boasts of excellent location and the investment advantages to the Real Estate investors looking for Assured Returns, Capital Appreciation or Rental Incomes from any Commercial Project. World class infrastructure along with easy connectivity from Delhi-NCR, Agra and other major cities of UP and [...] Continue Reading »
Kochi- The city is already facing traffic problem and the work of relaying side roads have still not initiated by the Kochi Corporation before the construction work of Kochi metro starts at its desired time. Relaying of side roads is specially important on the stretch between Edappally and Kaloor because once the metro is initiated [...] Continue Reading »
Chennai- On 29 January, 2013, the Tamil Nadu government has declared that around 17 housing board residential enclave will be redeveloped in various parts of Chennai city. The government earmarked 2,238 apartments at various sites for redevelopment. These areas are Peters Colony and Lloyds Colony in Royapettah and Todhunter Nagar in Saidapet. These apartments in [...] Continue Reading »
Sonestaa Silver Oak is an eco-friendly residential project by Nirman Sonesta Developers located near Outer ring road. It enjoys close proximity to the high tech IT corridor featuring premium business parks like ITPL, Cessna Park and Ecospace. The project is expected to get completed by mid of 2014. The project offers 2 and 3bhk apartments [...] Continue Reading »
A disputed property has recently got investment by Kotak Realty Fund (KRF), a division of Kotak Investment Advisors Ltd. The realty fund has made an investment of around Rs 125 crore on a 36 acres of residential development near Yeor Hills in Thane. The Ravechi property developer, Tulsidas Bhimjyani, got the investment after he paid [...] Continue Reading »
New Delhi- Reserve Bank of India (RBI) has announced reduction in short-term lending rate by 0.25 percent to 7.75 per cent. This move is expected to lead to reduction in interest rates for buyers and builders. RBI has also cut Cash Reserve Ratio (CRR) to 4 percent, releasing Rs 18,000 crore primary liquidity into the [...] Continue Reading »
In today’s time when properties in Mumbai have less demand due to heavy property prices, Lodha Group got an overwhelming response for its upcoming project in the city. The group has received around 1,300 applications from interested buyers for their upcoming project in Mumbai. The number which they have received is more than double the [...] Continue Reading »
Chennai- Recently, a luxury home show was held in Chennai for two days. This show was hosted by one of the premier housing finance company of India, HDFC. In order to make this show more important and discussion oriented there were 12 exhibitors. This luxury show saw a great response from corporate executives and High [...] Continue Reading »
