Realty News
Bangalore- Chetan Dave, head of IDFC Alternatives real estate investment team, has resigned from his post due to mismatch of interests between him and the rest of the management, as said by sources. Dave had joined IDFC Alternatives in June 2010. His position is expected to be taken up by Satish Mandhana, currently managing partner [...] Continue Reading »
Delhi/NCR- Most home buyers are quite baffled whether to buy or rent a home in a metro city. However, the increased costs of the property in prime areas along with the suburbs have made housing a difficult option in metropolitan cities especially for the middle income class. According to various analysis based on rental and property values [...] Continue Reading »
Banks are ready to provide loans to business industries, however, there are no takers! Individuals who desire home loans can buy residences which are worth Rs 20 lakh and much more, in any other case it’s going to be invalidated on flimsy ground. The largest bank SBI is actually resting with a big bin. It [...] Continue Reading »
Areas such as Wadala and Chembur in Mumbai and Ulwe in Navi Mumbai are the top residential locations to invest in and Knight Frank has predicted a rise of 133%, 125% and 145% in these areas respectively in recent years. Cities like Mumbai, Bangalore, Chennai, the national capital region (NCR) and Pune are identified as [...] Continue Reading »
According to research firm Liases Foras, the construction of nearly half of the 3,23,000 homes scheduled to be delivered in 2013 are lagging behind. At least a third of these will not be ready even before 2014. A survey by the company has revealed that three of every four homes to be delivered in 2014 [...] Continue Reading »
The civic body in Pune has taken steps to produce appropriate information about agricultural land to avoid confusion between various departments. The agricultural department needs proper data about the total area available for agriculture as every year argicultural land is converted into non-agriculture zone and used for infrastructure, building homes, or residential complexes. The up [...] Continue Reading »
Hyderabad- In a recent official announcement, it was stated that the Hyderabad Metro Rail authorities have made up their mind to not start the metro construction along the stretch of Sultan Bazaar and Badi Chowdi on the Corridor-II route until all the uprooted traders are given a suitable alternative site for their business. It was stated by Hyderabad Metro Rail [...] Continue Reading »
Bangalore- Bangalore’s office market which has witnessed an annual growth rate of 12% in the past four years, is expected to touch 100 million square feet by 2016, revealed a report by Jones Lang LaSalle. That is a doubling of the stock in just seven years from 2009, and a 50% expansion to the current [...] Continue Reading »
Bangalore- Who would like to travel for hours in crowded cities and especially after a tough day of work? Most of us would love to reside in a home which is close to our workplace. Staying near to your workplace has many benefits. Most importantly, it saves your precious time which otherwise is wasted on [...] Continue Reading »
According to the report by Cushman & Wakefield, property consultant, Mumbai witnessed the highest rental growth globally. Colaba Causeway has seen a jump of 75 percent in the rental values in past one year. In the list of top 10 Global Highest Retail Rental Growth Markets 2012, Kolkata’s Park Street is in the 5th position [...] Continue Reading »
