Realty News
Compared to other areas like Indirapuram, Vaishali and Vasundhra in Ghaziabad, Crossings Republik which is situated in NH 4 offers half rental prices for properties in Ghaziabad. According to reports, Crossings Republik offers Rs 5-6 per sq ft for any property whereas others rental properties offers Rs 9-13 per sq ft. Crossings Republik in Ghaziabad [...] Continue Reading »
The real estate market in India is expected to pick up in the second half of 2013 as the country’s economic front witnessed some improvement. The developers are planning to give some pre-launch benefits to attract home buyers and at the same time, they are also planning to cut short on amenities and facilities of [...] Continue Reading »
Chennai- A commercial building on NSC Bose Road in Parry’s was seized by the Chennai Corporation as it violated the building rules. The Corporation officials were on a drive to curb unauthorised buildings in Chennai. The owner of the building got the building plan approved for only ground and first floor but he had constructed [...] Continue Reading »
Chandigarh - The construction work of Mohali International Airport which was on hold is now resumed with availability of sand and gravel. The work was halted since Punjab and Haryana governments had banned mining in the states few months back. This created a shortage of material for construction which in turn resulted in increased price [...] Continue Reading »
Surat- The city’s realty sector has witnessed slow and steady progress in the year 2012. Many residential projects were launched in the city. In the year 2012, the capital value of residential projects noted an average escalation of 10-12 percent across the city. This news was confirmed by National Housing Bank (NHB) when they realised the residex [...] Continue Reading »
Multi storey apartments in Dwarka have witnessed a steep hike in rental prices and the Sector 4, which is located in the heart of Dwarka is enjoying a noticeable rise in rental prices. As per sources, there is a 15 percent rise in the rental prices in Dwarka during July-September 2012 quarter sector 4. Owing [...] Continue Reading »
Bangalore- A renowned developer of Bangalore, Puravankara Group, is all set to launch a residential township in off Mysore Road, near the Bangalore-Mysore Infrastructure Corridor ring road junction. The township project, ‘Provident Sunworth’, spreading across 60 acres of land, has been planned to include a built up area of 6 million square feet. It will [...] Continue Reading »
2012 was not so good for real estate market as high construction cost and falling sales affected the market sentiment negetively. However, this year was positive for home buyers who were waiting to buy or invest in real estate sector unlike the previous two years where most of the cities witnessed a steep price rise. [...] Continue Reading »
Jaipur - Before the Jaipur Development Authority (JDA) announced the hike in Reserve Price, the land rates in Jaipur have increased. Previously, the Reserve Price was hiked in 2009. The booming real estate sector in the city has been the major factor for the increase in land prices. Although the increase in land price is good for [...] Continue Reading »
Indian real estate is going through a slowdown amid stagnating sales and facing funding issues with foreign investors. Private equity firms focussing on real estate are facing difficulty to raise funds through foreign high net-worth individuals (HNIs) and institutions. According to experts, both international and national PE firms are not able to close funds if [...] Continue Reading »
