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Realty News

Inflation rate of property in Noida is highest

Inflation rate of property in Noida is highest
In a recent study made by a real estate research firm it is revealed that the cost of properties in Delhi-NCR have increased by an average of 25 percent. Properties in Noida record the highest property inflation rate in the region, with a 48 percent increase in prices. The research was made over 40,302 residential [...] Continue Reading »

Avail tax benefits from second property in India

Avail tax benefits from second property in India
In the present real estate market scenario the home buyers are younger than they were before. Most of the home buyers buy their dream home in their twenties. Buying a second house in India is a new trend and has been recognized as a growing market in the past few years. As an investment, real [...] Continue Reading »

Rs 250 crore are raised by Ajay Piramal realty fund

Rs 250 crore are raised by Ajay Piramal realty fund
Ajay Piramal-backed Indiareit Fund Advisors Pvt. Ltd has raised a Rs 250 crore fund that will be invested solely in redevelopment projects of slums, old housing societies and ceased buildings in Mumbai. The real estate fund has planned to raise another Rs 200-250 crore before closing the fund in a couple of months. According to [...] Continue Reading »

Prestige Estates has performed better in Bangalore real estate business

Prestige Estates has performed better in Bangalore real estate business
Bangalore based Prestige Estates has performed better than its competitors in the industry, especially in the fourth quarter of the last fiscal. The group is a well-known developer in South India with a strong presence in Bangalore, Hyderabad, Chennai, Mysore and Mangalore. This progress happened due to the stable real estate growth in Bangalore and [...] Continue Reading »

Two road projects will be constructed by L&T

Two road projects will be constructed by L&T
L&T Infrastructure Development Projects has signed the concession agreement with National Highways Authority of India (NHAI) to build-own-operate two road projects worth a total of Rs 4,800 crore. L&T IDPL signed agreements with the NHAI for both the projects which will have a concession period of 20 years, including a construction period of 30 months. [...] Continue Reading »

DLF focuses on luxury homes to drive its profit margin

DLF focuses on luxury homes to drive its profit margin
DLF builder has planned to focus on building luxury homes and continue selling non-core assets to reduce debt. DLF, which saw a 37 percent erosion in its share price in 2011, is struggling to meet a target of selling non-core assets worth 60-70 billion rupees by 2012-13 to pare its debt. Since 2007-08, DLF’s interest [...] Continue Reading »

New update on Adarsh Society Scam

New update on Adarsh Society Scam
Two accused in Adarsh Society scam were granted bail by the CBI special court. Those two accused had been in custody since their arrest on April 3, had filed their bail applications on Monday. In the bail application the lawyer has said that all the offenses are punishable for less than 10 years and therefore [...] Continue Reading »

Hyderabad real estate: Revenue collection targets have increased

Hyderabad real estate: Revenue collection targets have increased
The Andhra Pradesh Government has given the revenue department a target of revenue collection of Rs 5,300 crore. This is 25 percent more than the total revenue collected in Hyderabad last year. The government had increased the market values of properties in Hyderabad in 2010, is keen on repeating the same this year as it [...] Continue Reading »

Luxurious Villa in Bangalore: Aisshwarya Samskruthi

Luxurious Villa in Bangalore: Aisshwarya Samskruthi
Aisshwarya Samskruthi is a 3BHk and 4BHK villa project in Bangalore, developed by the Aisshwarya Group on Off Sarjapura Road. Each villa of the project exhibits a distinct character as the exterior facades run along the street face creating a wonderful cascading visual. Every individual unit turn houses an indulgent experience. The villas are designed [...] Continue Reading »

MJR Builders, launching a new residential project in Bangalore

MJR Builders, launching a new residential project in Bangalore
MJR Builders has the reputation of being honest, straightforward, just and fair in the way of operation of the business. From roads, flyovers, airport tarmacs and community centers, the group today caters to the entire spectrum of solutions that any industrialized society needs. Today MJR Builders is not just an empowered and knowledgeable organization, but [...] Continue Reading »



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