Realty News
Majority of the builders have starting selling apartments on the basis of carpet area instead of the super built-up area after years of delay and now it has become the norm. Even the buyers are ready to pay as they have to pay for the actual area of their property. The best thing about it [...] Continue Reading »
Property investments remains dull despite attractive offers and aggressive marketing. The reason for the slowdown in real estate is because of the high property prices and unusual rise in the cost of materials used for construction, says the ASSOCHAM survey. On the eve of festival, there was a growth of only 20 percent compared to [...] Continue Reading »
The government has decided to raise the amount on annual income for Economically Weaker Sections (EWS) and Lower Income Groups (LIG) to get the benefits of housing scheme. The income declared for EWS have been raised to Rs 1 lakh from Rs 60,000 and for LIG it has been raised to Rs 2 lakhs as [...] Continue Reading »
Bangalore is witnessing the launching of two new projects byEzzy Group – the Tuscany style-inspired Corinth on Hennur Road comprising 25 boutique row villas; and The Avenue, a collection of boutique residences in Whitefield. This is the first projects of the group and the villas are of European or Dubai style. A big event was [...] Continue Reading »
According to a survey, the value of the rupee over the last one year has gone down and hence it lures NRIs living in UAE to buy properties in India even if it stretches to Rs 1 crore or more. According to reports by Sumansa Exhibitions, who organised the Indian Property Show, 89 per cent [...] Continue Reading »
After the failure of various schemes like Ashraya Yojana and Rajiva Awas Yojana, the government is planning to build apartments for poor instead of independent houses which occupy more space. The government is planning to accommodate 2,000 to 3,000 citizens in each apartment complex. The Hubli-Dharwad Urban Development Authority (HDUDA), HDMC and the slum board [...] Continue Reading »
A 22 cottah plot of land in Rajarhat, Kolkata has been sold out to set up a polyclinic cum daycare centre has drawn Rs 6.85 crore in an auction. November 9 was the last day of application. The New Town lacks polyclinics and hospitals, so the residents have to depend on neighbouring areas. To bring [...] Continue Reading »
Surendra Hiranandani, who majorly promoted the House of Hiranandani is now planning to venture into NCR to flourish its residential projects apart from just planning to expand its footprints in cities like Hyderabad and Pune. The House of Hiranandani has already set its footprint in cities like Chennai and Bangalore and is further planning to [...] Continue Reading »
The popular Delhi based real estate developer, Supertech has announced its decision to initiate the limited edition of Supertech villas; Ritz Chateaux, in Sector 74, Noida. These villas have amenities like private swimming pools, jacuzzi, waterfalls, airy interiors and verdure gardens and are priced at Rs 12 crore. Not just these, they also offer personal glass [...] Continue Reading »
A recent announcement made by the real estate developer, DLF stated that they are expecting to sell of their luxury hotel chain; Aman Resorts along with the sale of its wind power business in few months. These transactions will help the firm to achieve the net debt level of about 18,000 crore by the end [...] Continue Reading »
