Realty News
Chennai- The real estate market of Chennai has shown signs of improvement with increased amount of infrastructure development, good economic density and growing influence of IT/ITeS. Many projects have been launched in various areas which pushed the real estate market of Chennai. With several options and wide range of price, the developers attracted consumers. Buyers from different [...] Continue Reading »
One of the renowned developers in India, Lodha Group based in Mumbai recently started with a new scheme projects. An ‘initial public offer’ has been used by the developer to sell apartments at their latest premium project located in Lower Parel in Central Mumbai. The project, which is spread across 17.5 acres called Blue Moon, [...] Continue Reading »
Noida: In the wake of the rise in property fraud cases and violation of environmental norms, the Noida residents and delegation of home buyers to meet the Uttar Pradesh administration to take strict actions against the violators. Anuj Singh, an ex-Army officer complained that after he booked a luxury flat in Noida, he found out [...] Continue Reading »
2012 was a challenging year for both the home buyers and developers. Certain issues which the real estate market has witnessed in 2012 may continue this year because Delhi-NCR and Mumbai Metropolitan Region are struggling with less property sales due to unaffordable property prices. He added that the new rules for classification of restructured loans have led [...] Continue Reading »
In the past few months, Begur Road in Bangalore has witnessed a substantial growth in the real estate prices. The area is fast growing to be a hot property destination for the IT crowd. The average price recorded in the area was Rs 2,942 per sq ft, an impressive increase of 21 percent since the [...] Continue Reading »
Ghaziabad- A group of farmers protested at the Wave City site office in Ghaziabad against insufficient compensation provided to them. Wave City project is located on National Highway 24 (NH-24) next to Noida Extension. Hundreds of farmers lost their land due to the acquisition by Wave Infratech, a Delhi-based real estate firm. The developer claims [...] Continue Reading »
New Delhi- According to real estate consultants and market analysts, luxury realty sector had remained constant in the first two quarters of 2012, but picked up momentum after the third quarter. Projects with price tags of Rs 5 crore and more are listed under luxury projects in Delhi and NCR region while in Mumbai, the [...] Continue Reading »
New Delhi- As a buyer it is always better to think of the various aspect before investing in any sort of property be it for rental income or for residing purpose. Not many of us think about the imbalance of the costs incurred in the long run while investing in a property for rental income. The most [...] Continue Reading »
There have been forecasts that Pune residential real estate is going to boom in 2013. This may be due to high demand of properties from IT/ITeS and manufacturing sector employees. According to property consultancy firm, Jones Lang LaSalle India, investors based in Mumbai and NRIs are looking to invest in a market which has been [...] Continue Reading »
Bangalore- The Bangalore Development Authority (BDA) is soon planning to build towers on important entry points within the authority limits on the boundary of the city. Founder of Bangalore city, Kempegowda had constructed four such towers which marks the boundary of the city. If everything goes according to the plan, people entering Bangalore city will be welcomed by splendid [...] Continue Reading »
