Realty News
Unlike the highly fluctuating real estate market of other metros, residential market in Chennai has largely remained stable in the past few quarters. Large scale industrial development in western Chennai has pushed the residential demand thereby increasing the price for residential units. The residential demand in western localities is largely driven by the people working [...] Continue Reading »
Western Pune has been one of the most prominent real estate pockets over the years and the Apr-Jun 2012 quarter witnessed a growing preference for localities in West Pune as compared to East Pune. Locals like Wakad, Pimle Saudagar, Kothrud, Aundh, Baner have become most preferred residential locations. Much of the share of credits goes [...] Continue Reading »
After being a successful venture in the TV and film industry, Ekta Kapoor‘s Balaji Group has now entered Mumbai’s real estate market. The foray consists of two initial projects: a commercial complex in Chandivli, Andheri East, and a residential one in Mira Road. The land parcel had been bought by Jeetendra in auctions and now [...] Continue Reading »
Developers in Noida Extension have sent a letter to the Greater Noida Authority to clear the relief being offered to them buyers can be benefitted and home sales start soon. Loan processing by banks is expected to start soon so that buyers can avail funds to buy homes. Meanwhile, Confederation of Real Estate Developers Association [...] Continue Reading »
According to Cushman & Wakefield, Hyderabad is expected to witness a 48 per cent increase in demand for office space compared to last year. The demand for commercial office space in the city is expected to increase moderately from the next year onwards as the economic conditions improve 2.38 million sq ft of office space [...] Continue Reading »
Around 900 flat-owners of Indra Puram Colony on the outskirts of Jalandhar are facing a tragical irony as even after paying the last installment before three years, they cannot move into the flats as basic amenities such as electricity, water and sewerage connections are missing. The flat owners paid the full amount to the Jalandhar [...] Continue Reading »
Festive season has triggered initiatives to boost home sales. Banks and builders have come up with lucrative offers for home buyers. Several banks have cut rates on home loans by 25-50 basis points and real estate developers are offering discounts on under-construction and ready for possession properties. Bank of Baroda, Allahabad Bank, Central Bank of [...] Continue Reading »
Some Visakhapatnam real estate firms have been accused of resorting to unfair means to collect money from public and duping the public. Promising vacant plots at a cheap price, many real estate firms are either collecting huge amounts in the form of deposits or easy installments as low as Rs 25 per day. Many firms [...] Continue Reading »
Real estate continues to remain top option for Indian investors. Capital appreciation, rent and protection from inflation drive real estate investment and citizens go for second property for all these advantages. A recently conducted survey in Delhi/NCR, Mumbai, Bangalore, Hyderabad, Chennai, Ahmedabad, Kolkata, Pune, Chandigarh, Kochi, Coimbatore and Jaipur shows that out of 1,430 respondents, [...] Continue Reading »
Deccan Chronicle has covered and hailed commonfloor.com and the efforts put by the three visionaries – Sumit Jain, Lalit Mangal and Vikas Malpani, to make it happen. Commonfloor.com, a platform for apartment owners which brings together residents of apartments to discuss issues and sort out problems, was launched in December, 2007. It has become one [...] Continue Reading »
