Realty News
Analysts state that fast growing number of high net worth individuals (HNI) in India have pushed up the demand for luxury apartments. Approximately 40 per cent of the real estate sector caters to their investment portfolio. Rs 1 – 15 crore are witnessing higher demand in the cities such as Gurgaon, Bangalore and Pune. The [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) is all set to send the final property tax bill in September. The BMC claims that it has completed the billing process and is currently working on the refunds. The civic body is in the process of computerizing the property tax collection system and is planning to use it to [...] Continue Reading »
A recent report by CBRE indicates that residential real estate market in Bangalore has emerged as an attractive investment proposition for investors. High net worth individuals (HNIs) are attracted by the city’s stable demand outlook and attractive pricing. This has been reflected in growing demand for homes upward of Rs 1.5 crore. The city has [...] Continue Reading »
Statistics shows that Hyderabad real estate segment saw appreciation in the new properties as compared to the resale segment during the Apr-Jun 2012 quarter. Data shows that enhanced demand and transaction in the upcoming apartment projects are more than the old properties. Although the new launches in the market are priced higher than the average [...] Continue Reading »
The commercial real estate scenario at Navi Mumbai is robust. Companies have gravitated to Navi Mumbai owing to reasonably priced real estate and well laid out city. Most software companies in Maharashtra have their offices at Navi Mumbai. IT/ ITeS and IT SEZ companies such as Wipro, Capgemini, WNS, CTS, iGate (Patni), etc have their [...] Continue Reading »
Thiruvananthapuram flat dwellers have come up with an effective plan to address the garbage disposal issue. Over 90 apartment complexes in the city have tied up with the Confederation of Real Estate Developers Association of India (Credai) to set up bio-bins in their compounds to tackle the garbage management crisis. The process ensures that waste [...] Continue Reading »
The district deputy registrar of Nashik, Bajirao Shinde stated that Conveyance Deeds of over 90 per cent of properties in Nashik city are yet to be executed. Nashik city has more than 12,000 residential societies and apartments, but records show that conveyance deeds of over 11,000 properties have not been executed. The city has a [...] Continue Reading »
With a unique marketing campaign Xrbia Developers Pvt.Ltd. marked their entry on the social media frontier. This social media campaign was an extension of their existing advertising campaign to promote XRBIA as a unique & idyllic country, with its own communities, culture & occupations, suggesting users to choose the President of Xrbia. Holding the activity [...] Continue Reading »
DLF is set to build India’s largest mega mall, which would be a 4-million square feet promenade in Gurgaon. DLF is to invest Rs 2,000 crore on the project. The mall would be bigger than the 1.5-million sq ft Great India Place mall in Noida and would be comparable with the world’s largest 7-million sq [...] Continue Reading »
Research firm, Prabhudas Lilladher, has come out with its report on Mumbai real estate. According to the report, sales continue to witness slowdown in Mumbai and dip in commercial real estate has led to sharp decline in lease registrations. Sales registrations slipped below the 5000 mark for second consecutive month highlighting slackness prior to the [...] Continue Reading »
