Realty News
Areas which are closed to IT offices and economic zones are witnessing an increase in rental values. But the hike in rental value in Indiranagar is noticeable. There was an increase of 11 percent in rental value last year. Indiranagar is no more a residential area as several commercial establishments have emerged in this locality [...] Continue Reading »
Hyderabad – A new provision has been made in Hyderabad Metropolitan Region (HMR) master plan which will control unauthorised buildings. According to the new master plan, the structures which are constructed illegally will now be regularised by metropolitan commissioner of Hyderabad Metropolitan Development Authority (HMDA). Although the rules go as the same but the owners [...] Continue Reading »
Puravankara Projects is planning to launch a luxury residential project in Rajajinagar. The project will have around 300 units of combination of both two and three BHK apartments spread over four lakh square feet. The size of the two BHK apartments are between 1,200 and 1,408 square feet and three bedroom apartments 1,600 to 1,792 [...] Continue Reading »
Jaipur- The Jaipur metro will soon have the trail runs by April or May 2013. This inspection will be carried out by a research body of the ministry of railways named as Research Designs and Standards Organisation (RDSO). The Delhi Metro Rail Corporation (DMRC) applied to this body for carrying out this examination. All mandatory documents [...] Continue Reading »
Real estate firms have forecasted that in near future, a correction in housing market can be witnessed. This can be due to drop in property sales in past 12 months. In December, rates of properties for sale in Mumbai was bit less while price growth in other Indian cities slowed. According to property research firm, [...] Continue Reading »
A new residential township has been decided by industrialist Mukesh Ambani and his close aide Anand Jain to be launched in Navi Mumbai in the next four months. The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the [...] Continue Reading »
A good news for property buyers in Mumbai! Now, is the correct time to invest in properties in Mumbai as there will be a slight depreciation in prices as per the real estate experts. For the first time in 3-4 years, the average price of residential properties in Mumbai and the Mumbai Metropolitan Region (MMR) [...] Continue Reading »
New Delhi- Delhi-Gurgaon expressway project is likely to be taken over by IDFC Limited, formerly Infrastructure Development Finance Company Limited, from the current developer DSC. Though the deal is still busy with negotiations, IDFC is believed to buy out the project completely, said sources. The National Highways Authority of India (NHAI) and IDFC are likely [...] Continue Reading »
Gurgaon- HUDA’s decision of starting construction in the stretch of Northern Peripheral Road (NPR) project close to New Palam Vihar in Gurgaon has annoyed the residents of New Palam Vihar colony. The Haryana Urban Development Authority (HUDA) has been given a deadline of March-end to complete the project. The project completion in all stretches is [...] Continue Reading »
Chennai-Very soon Thiruvanmiyur will get four-lane flyover. The construction work will initiate from September 2013. This project in Chennai is undertaken by Highways department. Flyover will be 1.3 kms long and will cross three junctions which are Jayanthi-Theyagaraja theatres junction, the one after the Marundeeswarar temple and the RTO office on East Coast Road.The detailed [...] Continue Reading »
