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Realty News

Sharing property data online soon to be reality

Sharing property data online soon to be reality
The Urban Property Ownership Records (UPOR) project is stabilising in the four cities of Mysore, Shimoga, Hubli-Dharwad and Mangalore. The plan is to electronically link the offices of the sub-registrars, corporations and municipalities, courts, and the Department of Survey, Settlement and Land Records (SSLR). Once the project is over, detailed record of the properties can [...] Continue Reading »

Delhi-NCR witnesses sharp rise in rentals

Delhi-NCR witnesses sharp rise in rentals
Delhi NCR- Renting a house in the nation’s capital is set to be a difficult task as rental values are appreciating sharply. Rental values of properties in Delhi-NCR have seen an upsurge of 25% with rentals in most areas appreciating by 10% annually, reveals a survey. While owning a house is beyond the reach of [...] Continue Reading »

Affordable housing at Gota road, Ahmedabad

Affordable housing at Gota road, Ahmedabad
Ahmedabad- Every Middle class family strives for affordable housing. Such wishes can be fulfilled by the projects on Gota road, Ahmedabad . Gota road is situated on the outskirts of the city. Although there are many residential projects in Ahmedabad but projects at Gota road offers affordable residential property in the range of Rs 30- 40 lakh. This road [...] Continue Reading »

LIC housing plans to generate Rs. 1000 cr through ECBs

LIC housing plans to generate Rs. 1000 cr through ECBs
Delhi-NCR- The state-run insurance giant which promotes its venture of  LIC Housing Finance Limited is expecting to generate about Rs. 700-1,000 crore via external commercial borrowings (ECB). Various realty developers and housing finance firms were permitted to generate about $1 billion via ECBs by the Reserve Bank of India (RBI) last month to promote the affordable housing projects. According to [...] Continue Reading »

Increased NRI investment in Delhi

Increased NRI investment in Delhi
New Delhi- With Indian real estate booming from the past decades, India has become a hotspot for not just nationals, but also for NRIs to make investments. Most NRIs now prefer investing in their homeland and settling down here. As per studies conducted in the year 2012, about 40 percent of the Delhi-NCR properties were from NRI investors. NRIs [...] Continue Reading »

Mumbai stamp duty officials admit faulty figures of RR rates

Mumbai stamp duty officials admit faulty figures of RR rates
The stamp duty officials in Mumbai have admitted to the errors about ready reckoner (RR) rates that were announced recently. It was noticed after a national daily published about RR rates being hiked by 1000 % in some parts of Western suburbs in Mumbai. Now, after the correction, the prices have been appropriately hiked from [...] Continue Reading »

Rohini Sec 9 in Delhi becomes a hot cake in for real estate investors

Rohini Sec 9 in Delhi becomes a hot cake in for real estate investors
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »

Hyderabad: Mahindra, Om metals forms JV for a residential project

Hyderabad: Mahindra, Om metals forms JV for a residential project
Hyderabad- Mahindra Lifespace Developers Ltd has entered into a joint agreement with Om Metals Developers Private Limited to take up a residential project in Hyderabad. Om Metals Developers Private Limited is a special purpose vehicle of Om Metals and a part of Om Metals Real Estate Private Limited which is a subsidiary of Om Metals Infraprojects Ltd. Mahindra Lifespace Developers [...] Continue Reading »

Delhi government all set to regularise 205 unauthorised colonies

Delhi government all set to regularise 205 unauthorised colonies
New Delhi- Delhi government has approved regularisation of around 205 unauthorised colonies in the city. The proposal to regularise the settlements were given provisional regularisation certificates four years ago, but were kept pending till now. In this regard, a meeting of the Delhi Cabinet presided over by Chief Minister Sheila Dikshit was held and the [...] Continue Reading »

Plot investment a popular option in Delhi/NCR

Plot investment a popular option in Delhi/NCR
Delhi/NCR- Although investment in flats have always been a favorite among the buyers, plots are not far behind. Buyers preferring to stay in independent homes with a garden and a patio are opting for plots rather than apartments. This is the right time for people who would like to invest in plots as there are  suitable land [...] Continue Reading »



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