Realty News
New Delhi- If you’re looking to invest in a commercial unit, then this is the right time for you as Delhi-NCRs commercial property is expected to fetch great returns. Gurgaon and Noida, which are also the key commercial hubs of Delhi-NCR, will witness an increase in the rental and capital value despite the uncertain economic scenario [...] Continue Reading »
Chennai- Lancor Holdings, Chennai based leading developer has announced that it has acquired 6.5-acres plot near Maraimalai Nagar on the GST Road for Rs 40 crore. The company in a regulatory filing with stock exchanges disclosed the purchase of 100 percent equity shares of L&T Commercial Projects Pvt Ltd. However, the firm did not reveal [...] Continue Reading »
Delhi- After five years from now, a common man would find it very difficult to afford a house in Delhi, predicts a survey. The current average price of a house in Delhi is Rs. 1.93 crore whereas in the next five years, it is estimated to hit Rs. 3.27 crore which signifies an increase of [...] Continue Reading »
Bangalore- Tumkur Road, once considered as a village in the outskirts of Bangalore, has now transformed into a part of the city owing to its rapid growth in real estate sector. Expanding residential realty market of Bangalore has gradually brought in many of the suburban areas under the city limits. Being located at a distance [...] Continue Reading »
Bangalore/Chennai- Luxury residential segment has been observing significant rise in demand in the top seven cities of India. Over 200 luxury residential projects were launched between 2008 and September 2012. Among all the cities, Bangalore alone holds 21 percent of share during the first three quarters of this year while Chennai holds 20 percent. Fast [...] Continue Reading »
The Bhopal Municipal Corporation (BMC) has send notice to the owners of dilapidated buildings to demolish or reconstruct them as it poses risk to life of consumers, residents and shopkeepers. However, no actions have been taken regarding this from owners side yet. The BMC has marked around 217 buildings which are in bad shape and [...] Continue Reading »
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »
Starwood Hotels & Resorts, the owner of luxury hospitality brands Westin, Le Meridien, St Regis and W is planning to construct a hotel in Mumbai. Negotiations are on and the group is planning to conclude at least one deal for a luxury hotel management in central Mumbai and one in south Mumbai within few months. [...] Continue Reading »
Mumbai- The state government has made it mandatory regarding township projects to create approximately one-fourth of the area for economic activity to boost creation of new economic hubs. Exclusive township projects usually are those when a developer is allowed to create a township as well as offers all the necessary amenities and infrastructure in a composite plot [...] Continue Reading »
Bangalore- The builders and developers of Bangalore have got indulged in developing integrated townships within the rousing metropolis. At one time in the past Bangalore was full of bungalows and later the city got lined up with high-rise apartments and complexes changing the order. And by the end of this decade the city is likely [...] Continue Reading »
