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Realty News

Ajay Maken proposes new norms for realty sector

Ajay Maken proposes new norms for realty sector
The housing and urban poverty alleviation ministry (HUPA) minister Ajay Maken presented a new proposal requesting infrastructure status for housing sector and one-year extension of tax relief under Section 80-IB. HUPA asked he infrastructure status for the housing sector under Section 80IA of the income tax Act. The extension of the exemption for the service [...] Continue Reading »

Manesar attracts home buyers due to affordability

Manesar attracts home buyers due to affordability
New-Delhi- With the property prices increasing all over Delhi and Gurgaon, home buyers are now rushing towards Manesar which is a little further from Gurgaon. The NH-8 acts as a great connection between Manesar and Gurgaon as the distance between them is just 16 km an the travelling time is barely 20 minutes. However, the [...] Continue Reading »

Realtors not happy with provisions in new regulation bill

Realtors not happy with provisions in new regulation bill
Bhubaneswar- Real estate developers in Odisha came up with different opinions on the proposed realty regulation bill. Although all sections have given their consent to the proposal of Real Estate Regulatory Authority (RERA), they are dissatisfied with the various clauses and liability provisions in the bill. The proposed bill is expected to be put forth [...] Continue Reading »

Property fraud cases on the rise in Gurgaon

Property fraud cases on the rise in Gurgaon
The real estate sector in National Capital Region is booming fast due to which, from millennium city, it has turned into a haven for property fraudsters. From past five years the property fraud cases have increased by about 35 percent in every single year in Gurgaon. The record is crossing the limits day by day, [...] Continue Reading »

Hyderabad residential market most affordable among metros

Hyderabad residential market most affordable among metros
Hyderabad- The real estate market of Hyderabad has witnessed the most affordable among all Indian metro cities. According to the research by Knight Frank, there were many affordable housing projects in Hyderabad launched after economic slowdown and Telangana issue. Upcoming metro project and enablers like the new GO 245 (relaxation of mandatory EWS/LIG housing norms) [...] Continue Reading »

3,000 housing societies in Mumbai to get affected by government’s resolution

3,000 housing societies in Mumbai to get affected by government’s resolution
A state government resolution which was issued five years back in Mumbai has come into limelight again. The same resolution now is going to affect over 3,000 housing societies in the city which stand on the land of the collector’s office allotted decades ago. Most of these societies were built in the 1960s and the [...] Continue Reading »

Koramangala a realty hotspot for 2013

Koramangala a realty hotspot for 2013
Koramangala, which is a prime location in Bangalore has sprung up as a lucrative realty hotspot in the past few years. So if you are planning to buy or invest in a property, this is the right time to act. Koramangala has developed as a premium residential market as the area is well connected and [...] Continue Reading »

Supply of residential units in Ahmedabad falls drastically

Supply of residential units in Ahmedabad falls drastically
Ahmedabad- On one hand, the developers are waiting for an increase in floor space index (FSI) rules and on the other hand the year 2012 recorded 46 percent drop in the residential unit supply in Ahmedabad. The maximum number of projects in Ahmedabad were in mid segment while the it was just 12 percent in [...] Continue Reading »

Aisshwarya Samskruthi: A premium villa project

Aisshwarya Samskruthi: A premium villa project
Aisshwarya Samskruthi is one of the ongoing projects by Aisshwarya Group which is located off Sarjapur road. It comprises of 3 and 4 BHK villas with ultra-modern amenities situated amidst a beautiful stretch of 14 emerald acres. Each villa in this project comes with spacious rooms and living spaces featuring unique views, picturesque courtyards, skylights, [...] Continue Reading »

Hyderabad to get Spanish villas

Hyderabad to get Spanish villas
Hyderabad- Suchrindia Group is coming up with villas which are exclusive, lavish and inspired by Spain. It completely gives a cosmopolitan lifestyle which is incomparable. Timber Leaf offers luxury villas of five bedrooms of size ranging between 3500sqft – 3600 sq ft. This project spreads across 25 acre of land enveloped with lush green area. The [...] Continue Reading »



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