Realty News
Chennai- Most of the apartments located in the suburbs of Chennai have witnessed a price appreciation of over Rs 1,000 per sq ft in the last two years. In some of the areas in Chennai outskirts, the property prices have even increased by up to 75 percent. According to a report released by realty consultant [...] Continue Reading »
The state government offers 32 authorised public parking lots under the revised parking floor space index (FSI) policy for 30,000 vehicles in the city. Brihanmumbai Municipal Corporation (BMC) has received 70 proposals out of which 32 got government’s nod, 20 of them are located in the isle of the city and nine in the western [...] Continue Reading »
With State Bank of India offering the lowest home loan interest rates, people who who have taken loans from other private banks switched to SBI. In the first two months of the third quarter SBI had obtained Rs 800 crores in home loans. Consumers with Rs 400 crore of home loans switched to SBI in November [...] Continue Reading »
Jumeirah Group, a Dubai based hospitality company signed a deal for luxury hotel at Lower Parel in central Mumbai. Jumeirah is the operator of Dubai’s seven-star hotel Burj Al Arab. The hotel in Mumbai will be operational by 2017 and will offer 470 luxurious rooms, service apartments and suites, as well as wide variety of [...] Continue Reading »
Mumbai real estate price is always high but price at Mira Bhayandar is beyond expectation. There was an increase between 15-20 percent in the capital and rental value in this area in the last six months. Both the real estate market and rental market are performing well. The rental value for 1bhk ranges from Rs [...] Continue Reading »
In order to attract potential buyers, several builders and developers of prime cities have come up with a new marketing strategy by offering warranties on the flats based on various appliances in the flat. Electrical appliances get 1-3 years warranty, paint gets 5-7 years, waterproofing of flats get up to 10 years warranty period. A [...] Continue Reading »
Delhi/NCR- With the increased saturation of all the three main corridors (Mehrauli-Gurgaon Road, Golf Course Road and Sohna Road) in Gurgaon; here is very less land or have all the projects occupied. This eventually gives the new buyers an opportunity to invest in the next best area; the Golf Course Extension Road. The key reason for [...] Continue Reading »
New Delhi- A report released by the Knight Frank Investment Advisory, stated that due to the increased property prices ranging from Rs. 3,200 per sq ft to Rs 15,000 per sq ft, there will be an increase in the property buying with real estate acting as a promising asset in the coming years. Mumbai leading the first [...] Continue Reading »
Kochi- The credit for completion of the project Sree Bhadra Apartment in Tripunithura goes to its residents, as the builder, Maruti Homes, had abandoned the construction work in the middle, which was later completed by the residents. The apartment structure was only built when the builder stopped the work, in 2007-08, citing the reason of [...] Continue Reading »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
