Realty News
The Karnataka State Road Transport Corporation (KSRTC) has decided to shift the operation of intra-State and inter-State express buses. The shifting is necessary for the construction of underground metro station at Majestic. From January 6, KSRTC bus-stand will be operational from the newly constructed shelter in front of the Shantala Silk House in Majestic. Buses [...] Continue Reading »
Hyderabad- The Hyderabad metro rail project will soon have aerial 25 KV power line across 72-km viaduct. This line will be constructed in three corridors. The concerned authorities initially thought to go for prevalent trend in Europe of having power line between tracks. But later on discussions with experts and studying the power systems of some existing [...] Continue Reading »
The National Bank for Agriculture and Rural Development (NABARD) to provide Rs. 192.38 crore under the Rural Infrastructure Development Fund (RIDF) for improving roads and building bridges in Karnataka. The civic body is planning to beautify 189 roads and 42 bridges will be built across the State. The project for improving road work and construction [...] Continue Reading »
Delhi/NCR- One of the upcoming realty destination is the Gurgaon-Faridabad road which has been witnessing a remarkable realty development due to the constant infrastructure improvement and easy connectivity. An array of residential and commercial units have been launched in this area. Due to the fast paced and future developments in this area, the authorities have allotted about [...] Continue Reading »
Delhi/NCR- As per various real estate experts, the year 2013 has been predicted to be quite strenuous for the industry due to the rising cost of input materials, the labor and the increasing interest rates. Not just this, the enormously increasing demand of the sector will eventually result in increased property prices. However, various experts had different predictions about the industry this [...] Continue Reading »
Delhi- Delhi investors are excited at the proposal of development of country homes in the green belt of Delhi – in Zone N (Northwest) and Zone L (Southwest). These zones have recently witnessed the release of agricultural land. Delhi Development Authority (DDA) has proposed that farmhouses of one-acre size shall be constructed in the green [...] Continue Reading »
Ghaziabad- Northern Peripheral road connecting NH-24 with North Delhi is expected to boost up the real estate business by about 10 to 15 percent. Ghaziabad Development Authority (GDA), in collaboration with Central Road Research Institute (CRRI) planned the road project and the estimated budget for this project is Rs 440 crore. It is expected to [...] Continue Reading »
Kolkata- The real estate market of Kokata is gaining momentum despite many issues regarding faulty land acquisition policy. It is expected that it will show good growth in 2013. The year 2102 witnessed varied growth across many areas of Kolkata. Areas like Narendrapur, Kalikapur, Behala and New Town Action Area II reported maximum appreciation. While areas [...] Continue Reading »
Hyderabad- The retail sector of Hyderabad has picked up speed with the existing malls doing good business and launch of new malls. The retail sector of Hyderabad has gained momentum specially in areas like Madhapur and Gachibowli with Outer ring road offering good connectivity. JNTU-Hitech city highway in Kukatpally will soon have a new mall in March or April [...] Continue Reading »
The year 2012 was tough for the Indian real estate sector because of the economic condition and higher construction costs. But 2013 is expected to see an improvement in economic climate and the real estate sector. Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India, a real estate consultancy, said that the Indian real [...] Continue Reading »
