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Realty News

CREDAI members plan on clearing unsold houses

CREDAI members plan on clearing unsold houses
Confederation of Real Estate Developers’ Association of India (CREDAI) has asked its members to clear the inventory of unsold housing stock by reducing the prices. The Finance Minister P Chidambaram has given few suggestions in order to clear the unsold stock which was accepted by the developers too. The members across the country have been [...] Continue Reading »

Elevated roads influence development of Bangalore real estate

Elevated roads influence development of Bangalore real estate
Bangalore- Elevated roads in Bangalore, along with minimizing traffic issues and giving an elegant look to the region, have also influenced the real estate development of areas along the corridor. Some of the important elevated corridors that have transformed the real estate scenario of the city include Tumkur Road, Hosur Road and Bellary Road. Tumkur [...] Continue Reading »

Global traffic management experts in demand for townships

Global traffic management experts in demand for townships
Bangalore- In the recent trend of increasing number of townships in the city, global experts in traffic management are in demand. As a result of increasing number of people preferring to invest in township projects, many township developments have been coming up. Since, traffic management is one of the prime aspects of a township, global [...] Continue Reading »

Major scope for developers through education sector

Major scope for developers through education sector
Real estate players have been provided with significant opportunities as the education sector lacks physical infrastructure. The quantity of physical infrastructure and real estate development  required is as huge that education institution operators or government cannot achieve it alone. There are around 25,000 colleges and 460 universities in our country with over 144 million customers in education [...] Continue Reading »

SC alleges Sahara Realty for shady intentions

SC alleges Sahara Realty for shady intentions
New Delhi- The Sahara Group  real estate has been lashed by the Supreme Court for having shady intentions in terms of the money which had to be returned to the investors generated through debentures. A deadline of seven days has been given for them to repay their customers. According to the apex court bench of Chief Justice Altamas Kabir, Justice [...] Continue Reading »

Residential realty sees more launches this year: JLL

Residential realty sees more launches this year: JLL
Bangalore- Real estate in India has witnessed more residential project launches in 2012 than in the last year despite slow sales and reduced growth in prices, reveals a new study. Real estate companies launched more residential units between January and September 2012, than in the same period last year, while still struggling with sales and [...] Continue Reading »

Slower price appreciation in residential realty in 2012

Slower price appreciation in residential realty in 2012
New Delhi- The year 2012 unexpectedly saw a slower price appreciation in the residential sector of all the top seven cities in India. However, the average capital of the country was increased to only 1-3 percent. According to Jones Lang La Salle, the year 2012 was a sluggish year for the economic growth as there [...] Continue Reading »

Lanco Group to launch largest shopping mall

Lanco Group to launch largest shopping mall
Hyderabad- The largest shopping mall in South India will be constructed in Hyderabad and will have an investment of about Rs. 500 crore by the Lanco Group. It is expected to be completed in the next 30 months. This shopping mall will be built by Lanco group in Hyderabad and will  be known as ’The Lanco [...] Continue Reading »

Realty most visible source for black money in India

Realty most visible source for black money in India
Real estate has been the most visible source for black money as it has never been regulated in India. This is also a hot topic in the India Parliament which opened on November 29, 2012. Other than real estate, black money also involves owners and investors. Black money is present in every step of a real estate project, [...] Continue Reading »

Kolkata developers deprived of high rises due to sops policy

Kolkata developers deprived of high rises due to sops policy
Kolkata – The serious issue regarding land and sops policy is highly affecting the West Bengal’s real estate market. During an inauguration of a three day conclave on Bengal Builds with top city and few pan India developers as invitees, Chief Minister, Mamta Banerjee quoted that the state is in deep debt to offer freebies to [...] Continue Reading »



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