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Realty News

Chennai Airport to get new terminals in 2013

Chennai Airport to get new terminals in 2013
Chennai- Soon new terminals will be added to Chennai airport. With new terminals, the handling capacity of the airport will increase to 140 lakh passengers per year. After a long delay, Authority of India (AAI) has looked for a date for the formal inauguration by the Prime Minister. There is no notification of date to open terminals for public, however the inauguration is [...] Continue Reading »

HUDCO to rise 5000 cr to fund low-cost housing

HUDCO to rise 5000 cr to fund low-cost housing
New Delhi- Housing and Urban Development Corporation Ltd (HUDCO) has planned to raise around Rs 5,000 crore. In this regard, the corporation will launch a public issue of tax-free bonds next month. The fund raised will be used for funding low-cost housing and urban infrastructure projects. Investments up to Rs 10 lakh falls under retail [...] Continue Reading »

Yamuna Expressway plot values to increase by 30 percent

Yamuna Expressway plot values to increase by 30 percent
Delhi/NCR- With the flourishing 100 percent capital appreciation of the residential plot values in the past few years, Yamuna Expressway is predicted to have 30 percent increase in the coming years. Off lately, an increased number of plot launches have been witnessed in Yamuna Expressway, which is India’s longest elevated highway connecting the Greater Noida [...] Continue Reading »

Connectivity in Noida e-way drives residential development

Connectivity in Noida e-way drives residential development
Delhi/NCR- The 23.5 km, six lane Noida-Greater Noida expressway has opened doors to an increased residential development in the area. The expressway starts at Mahamaya Chowk in Noida and ends at Pari Chowk in Greater Noida and has been operational since 2002. Thereof 2002,  both the sides of the expressway have been witnessing a greater change. The key reason for the [...] Continue Reading »

Armani eying Indian luxury real estate

Armani eying Indian luxury real estate
After the huge success of the development of luxury apartments in Burj Khalifa in Dubai, Italian fashion designer Giorgio Armani is eying Indian luxury real estate. Earlier, Armani had tied up with Lodha group, the Mumbai based real estate developer and now he is planning to collaborate with Noida based Supertech to build Armani Tower. The Armani [...] Continue Reading »

Titwala grows as an affordable real estate option

Titwala grows as an affordable real estate option
Titwala which is a small town located near Kalyan, Thane is fast growing as an affordable real estate destination. The locality offers 1 BHK apartments at a minimal cost of Rs 17 lakh. The area has witnessed 100% price appreciation in the last three years and the apartments in Titwala today cost double at what [...] Continue Reading »

NCR observes 55% mall vacancy: ASSOCHAM

NCR observes 55% mall vacancy: ASSOCHAM
New Delhi- A survey made by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has revealed that over half of the total malls in Delhi-NCR are lying vacant. Currently Delhi-NCR is witnessing 55 percent of total vacancy in malls. The mall vacancy rate of other prime cities of India are 52 percent in [...] Continue Reading »

Real estate market of Hyderabad to see growth in 2013

Real estate market of Hyderabad to see growth in 2013
Hyderabad - Hyderabad real estate market has shown some stability in the second half of 2012. This ensures growth of city’s realty market in 2013. After a half year spent in Telangana issue, many developers are now back to their uncompleted projects with a good demand of buyers. Currently the city has the lowest property rates as [...] Continue Reading »

Real estate sector to witness revival in 2013: Experts

Real estate sector to witness revival in 2013: Experts
New Delhi- With major fluctuations in the Indian realty market over the past few years, experts expect that the year 2013 will create a developing uproar in the sector. The key reason would be government’s  positive approach towards the revolutions and moderation pertaining the interest rates. The year 2013 will see the Land Acquisition and the Real [...] Continue Reading »

Real estate boom encourages Ghaziabad’s elevator industry

Real estate boom encourages Ghaziabad’s elevator industry
Ghaziabad- Growing number of high rises, malls and housing societies have influenced the demand for elevators. Along with the residential developments, commercial and industrial projects too have been contributing to the elevator sales.   Though usage of lifts in NCR started around 25 years ago, the growth in the segment picked up speed in the [...] Continue Reading »



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