Realty News
If you are planning to buy a residential property next year, you are going to get many attractive mode and scope of payment scheme but there will be cut short of amenities and facilities in the project. Real estate developers understood that because of overpricing, the properties in India are not getting sold out and [...] Continue Reading »
A report by PricewaterhouseCoopers and Urban Land Institute stated that cities like Mumbai, Bangalore and Delhi have seen less desire by international bodies in real estate sector for investment purpose. In 2012, Mumbai, Bangalore and Delhi were in 10th, 15th and 12th rank in the report Emerging Trends in Real Estate Asia Pacific which has [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
Thiruvananthpuram- The issue of land acquisition is been exaggerated by two ministers by sending confusing signals to the land owners which in turn creates hurdles for developmental projects in Kerela. Owners who are willing to surrender their land as per the Rehabilitation and Resettlement (R & R) package will be provided Infrastructural Bonds (IB) by the revenue department. [...] Continue Reading »
Unitech Corporate parks is a listed company on London’s Alternative Investment Market, where developer Unitech holds 40 percent stake.The company has decided to block one of the largest assets in India which has a valuation of RS 3,000 crore. Coming up is a new information technology special economic park in Gurgaon near Delhi which spreads [...] Continue Reading »
The metro project was launched in May 2011 and the civic body is planning to complete the viaducts and stations by 2014 as there was a delay in the project by six months. The City and Industrial Development Corporation (Cidco) is constructing the metro rail project between Belapur and Pendhar. The civic body has started [...] Continue Reading »
According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »
The heritage of Pune will be managed more professionally and will be restored as the Unesco-led Indian Heritage Cities Network (IHCN) and civic body has signed a memorandum of understanding (MoU). Sustainable socio-economic and cultural development of historic cities of India is taken care by the IHCN, who shares their experience .The Pune Municipal Corporation [...] Continue Reading »
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »
The Confederation of Real Estate Developers Association of India (CREDAI) supporting the suggestion of Finance Minister P Chidambaram’s has asked to reduce the property prices of housing stock to its members of Punjab. The members who are against the move said that developers are already selling these inventories at low prices. However developers explained this by stating the [...] Continue Reading »
