Realty News
Chennai- The Government approved highest number of residential and commercial projects for construction ever in the year 2012. This will result in change of city’s landscape and horizon. Chennai Metropolitan Development Authority (CMDA) has given its consent to 549 special buildings and 88 multi-storeyed and IT buildings. In next few months, the city will show growth in number [...] Continue Reading »
Real estate developers face many challenges to get approvals from the authority which in turn lead to delay in construction work and possession. The government is planning to set up fast track approvals for real estate projects where they will post all the approved projects online to minimize delay in possession. It will be easy for consumers [...] Continue Reading »
The reason why there is a growth in the demand in the up market real estate space of Koramangala is the rising number of people choosing Bangalore as their preferred destination to work. According to a survey done by a consultancy firm, Bangalore has become one of the best cities for people to live in. [...] Continue Reading »
Gurgaon- Town & Country Planning Department of Haryana is planning to set up guest/boarding house in residential zones across the state. In order to regulate the functioning of guest houses amidst residential areas, the Haryana government has framed this policy. As per the policy, only those guest houses constructed on 1,000 sq yard and 2,000 sq [...] Continue Reading »
The new industrial policy that has been sketched out by the Maharashtra Government has been highly criticized by the Opposition. They allege that the policy favours realty developers at the cost of farmers and villagers. However, Maharashtra Chief Minister, Prithviraj Chavan has defended the policy and termed it as “path breaking” which introduced Integrated Industrial [...] Continue Reading »
New Delhi- With the start of the New Year 2013, there have been various changes in the realty sector. Two crucial bills, i.e. the Real Estate Regulation Bill and Land Acquisition Bill were be passed in the year 2013. This will further encourage the stakeholder’s sentiments in the next few quarters. This year will also initiate [...] Continue Reading »
Noida- The recent development of the NH-24, is the widening of the left turn of the road leading towards Sector 63 by about nine meters in Noida. This decision was taken by the authority as a large number of commuters travel from places like Hapur, Indirapuram and Vijay Nagar in Ghaziabad through the Model Town crossing along NH-24. Due [...] Continue Reading »
A recent survey revealed that there was a 20 percent hike in the rentals for Bangalore when compared the rents of a 3BHK residential apartment in the third quarter of last year (Jun-Jul-Aug ’12) over the third quarter of 2010 (Jun-Jul-Aug ’10). A real estate expert commented that, the rental values in localities such as Electronics [...] Continue Reading »
As per reports, investing in second homes is a growing trend in metro cities especially in Delhi. This shows a rising trend in the residential real estate in Mumbai. The reason for investment in a second home for Mumbaikars can be any. For some, it is just a weekend getaway from the hustles and bustles [...] Continue Reading »
New Delhi: Government is planning to approve all the real estate projects in a fast track basis and also to put them online so that the consumers can have a clear idea before booking a house and can bring down home prices. A government committee headed by former commissioner of India chairman Dhanendra Kumar is [...] Continue Reading »
