Realty News
Following an unprecedented appreciation in real estate prices, investors seem to be flocking in to Vijayawada recently. The sharp rise in prices of Vijayawada has much to do with the Telengana agitation and the resultant political uncertainty prevailing in Hyderabad. While real estate prices in Hyderabad have recorded a modest increase of 5-10 per cent during [...] Continue Reading »
Bhiwadi on National Highway 8 promises to become a real estate destination. It has an established industrial set-up and with the rise in housing demand it has witnessed unprecedented growth in realty front. MNCs and commercial real estate markets foraying into Bhiwadi has driven the growth of residential property in the city. Developers like Ashiyana, BDI, [...] Continue Reading »
For middle income group home buyers in Delhi-NCR, Noida Extension is emerging as a dream destination. Now that housing projects set to resume construction in Noida Extension post the land row issue, the area has become a realty hub. While the prevailing prices for all the major housing projects in Noida Extension is comparatively lower [...] Continue Reading »
As real estate in Bangalore soaring to new heights, developers are being accused of unfair practices by flat owners’ associations in various situations. Complaints range from corpus fund being siphoned off to being denied free access to common facilities like swimming pool or gym as have been promised to the buyers prior to completion. Many [...] Continue Reading »
Tata Realty and Infrastructure Ltd (TRIL) proposes to invest over Rs 1700 crore in two to three years for various projects in the country. TRIL is a 100 percent subsidiary of Tata Sons Ltd. Their future investment includes Rs 550 crore in Kochi for a premium waterfront residential property, ‘Tritvam‘, at Marine Drive. According to [...] Continue Reading »
In order to address issues plaguing the real estate sector, Finance Minister P Chidambaram on Saturday asked help from Indian bankers. He has asked Indian Bankers Association (IBA) to form a committee to advise the government on tackling the slowdown in the housing demand. He stated that various issues facing the real estate sector need [...] Continue Reading »
The past few years have seen buoyant for the real estate sector in Pune. The pace of development has pushed many areas to saturation point, while new destinations have emerged. Talegaon is proving to be one of the good residential property investment destination, especially by investors from Mumbai. While the local demand is for 1 [...] Continue Reading »
In the wake of the High Court ban on groundwater for construction purposes, real estate developers in Gurgaon heavily criticized the Haryana government for failing to provide adequate water. They have alleged that despite charging them crores of rupees in the form of external development charges (EDC), water supply has not been taken care of. [...] Continue Reading »
West Bengal Urban Development Ministry announced that the State Government was planning to construct 33,000 houses for the economically weaker sections. The Urban Development Minister inaugurated Home Front 2012 – a real estate expo, organised by the Confederation of Real Estate Developers’ Association of India (Credai) and the announcement was made on the occasion. According [...] Continue Reading »
Prime Minister Manmohan Singh has announced the launch of a home loans scheme – Rajiv Housing Loan Scheme. It will provide interest subsidy on home loans of less than 5 lakh. The new housing loans scheme is aimed at the urban poor of the country. The new scheme was announced on Independence Day. The PM [...] Continue Reading »
