Realty News
In spite of economical issues, construction field remains buoyant, particularly from the private housing as well as industrial segments, according to RICS India Structure Industry survey. According to the report, lack of labour and fiscal demands continue being the prominent factors limiting construction activity followed by planning and regulatory issues, the report explained. Challenge in [...] Continue Reading »
Recently, the Pune Municipal Corporation (PMC) alloted 112 flats to be constructed under the Basic Services to Urban Poor (BSUP) project in Warje to those affected by road construction and nullahs. The central government had approved 20,528 tenements for the urban poor under the BSUP. However, PMC managed to construct 2,294 only and 3,474 that [...] Continue Reading »
There has been a significant demand in the high-end housing apartments and villas in Hyderabad since 1.5 years after the rigorous downfall in the year 2009-10. According to the industry sources, the price elasticity is quite affordable for the high-end units and that the investors are seldom worried about aspects like hike in the lending [...] Continue Reading »
The Andhra Pradesh Housing Board (APHB) has decided to resume the auction of the plots after a delay of four years as the real estate has been witnessing a development. The date given for the current phase of auction is November 22 wherein the board will display about 14 plots in Kukatpally Housing Board (KPHB) Colony [...] Continue Reading »
Neharpur, which is also known as Greater Faridabad is one of the areas with early stages of infrastructural developments. This area falls about 8 kilometres from the Delhi-Badarpur border and extends up to a distance of 15 kilometres. A key factor for the development of this area is that fact that it is situated between Noida [...] Continue Reading »
A third Property Show 2012 was organised by the Andhra Pradesh Real Estate Developers’ Association (APREDA) consisting of about 200 stalls over an area of 70000 sft. The event will was held at Hitex from November 10-11 followed by a conference on November 10. The event was themed as ‘Real Estate-Accelerating the growth story’ and was [...] Continue Reading »
The greater Noida Expressway has today become one of the top realty destinations to invest in, as the area is peaceful and is away from the bustling cities. The area has been witnessing a considerable demand for multi-storey apartments, especially for 3 BHK by about 33%. The key factors for the demand in the area is [...] Continue Reading »
Owing to the fact that the Delhi metro has catered to a number of positive factors, Dwarka, which is one of the largest areas in Asia has witnessed an increased realty boom. Easy movement through the Delhi metro has led to the increased demand in the area especially the Sector 14 which has low budget rental [...] Continue Reading »
According to industry sources, Hyderabad has been witnessing an increase in the demand for residential properties, especially smaller sized apartments over the last few months. Projects which are in the stage of possession or are in the process are finding ready buyers with unit sizes ranging from 900-1,000 sq ft which have further led to [...] Continue Reading »
The property sale has not picked up but the builders are increasing the prices to attract property buyers. According to the real estate brokerage firm, Groffr.com’s report, in the last three months (August-October) the property rates have gone up almost by 6 percent. It is said that the developers are mainly hiking rates in projects which [...] Continue Reading »
