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Realty News

HDFC to buy office space in Lower Parel worth Rs 220 crore

HDFC to buy office space in Lower Parel worth Rs 220 crore
One of the leading banks in India, HDFC Bank is planning to buy an office space of approximate 1.3 lakh sqft at Lower Parel. The building is situated in Peninsula Business Park at Lower Parel in Central Mumbai and is spread over four floors. As per reports, the bank is paying around Rs 17,000 per [...] Continue Reading »

Gangapur Road witnessess low sales due to high property rates

Gangapur Road witnessess low sales due to high property rates
Gangapur Road, which was once known to attract many small and large scale real estate developers is now lying dull due to high property rates. It is one of the developing areas in Nashik and has been witnessing low sales in properties for quiet some time. In the past one year, the locality has seen [...] Continue Reading »

CCI modifies model agreement in DLF case

CCI modifies model agreement in DLF case
New Delhi- The Competition Commission of India has modified few clauses for commercial agreements between realty giant DLF and property buyers, in two projects by DLF in Gurgaon in the NCR. In March 2012, the Competition Appellate Tribunal (COMPAT) had directed CCI to present a modified buyer-seller agreement and the fair trade regulator (CCI) is [...] Continue Reading »

Real estate market of Kochi includes suburban areas

Real estate market of Kochi includes suburban areas
Kochi- The healthy demand of land around the city, majorly suburban areas is pushing the real estate market of Kochi. It is seen that the many new developments are coming  along the suburban areas of the city. According to some realtors, the property value of residential projects in Kochi have recorded an increase of  8-14 percent [...] Continue Reading »

Pune real estate in 2012

Pune real estate in 2012
Pune real estate sector saw some good times in the previous year, 2012. Real estate market did well in terms of price appreciation in some parts of the city. Property prices went up to 7-9%, which was good compared to other cities. However, all was not well in Pune real estate market. One such issue [...] Continue Reading »

Builder-politician links result in property price hike: Experts

Builder-politician links result in property price hike: Experts
With the increasing property prices in the Mumbai, we have no one else to blame but developer- politician connections. These links have burdened the home buyers with a sudden hike in property prices. As per experts, many developers are politicians and vice versa. All the housing policies that are made today favour the builders, due [...] Continue Reading »

Noida to house Paramount’s Floraville

Noida to house Paramount’s Floraville
Noida- Paramount group has come up with its new project named “Floraville” offering comfort, luxury and quality where the customers would get complete value for their investments. Being spread across 12.5 acres of land in Sector 137, Noida, Floraville tries to balance the standards of both superior living and healthy living. It promises to fulfill [...] Continue Reading »

Real estate market of Hyderabad gains stability

Real estate market of Hyderabad gains stability
Hyderabad – After a half year spent in Telangana issue, now Hyderabad real estate market has shown some stability with healthy demand of IT space and affordable housing. It is expected that the year 2013 will bring growth of city in terms of projects, prices and land. Hyderabad real estate market faced many ups and downs [...] Continue Reading »

Rental demand in Delhi’s Panchsheel Park rises

Rental demand in Delhi’s Panchsheel Park rises
Delhi/NCR-  Although there have been various new projects coming up in the Delhi-NCR region, the rental rates have still  been increasing  in many areas with Panchsheel Park as one of the posh areas with increased rental rates. In the last quarter, the area has witnessed  an increase of about 24 percent in residential units. According [...] Continue Reading »

Luxury villas launched by Equinox Realty in Bangalore

Luxury villas launched by Equinox Realty in Bangalore
Bangalore- Recently Equinox Realty launched their exclusive residential villas in their signature project “Waters Edge” situated on outer ring road at Hebbal, Bangalore.  The entire project is spread across approximately 8 acres with five 40 storeyed towers which are among the tallest buildings in Bangalore. This residential unit is well connected to all the key residential [...] Continue Reading »



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