Realty News
The National Capital Region (NCR) is ranked as the fifth most expensive commercial property location in Asia Pacific. In a survey by a analyst firm, it is found that the rental rates of commercial properties in NCR are highest in India and 5th in entire Asia. The cost of rental properties in Mumbai is recorded [...] Continue Reading »
Property prices in the Mumbai region has seen an escalation in prices when compared with per square feet prices (PSF) of first quarter of 2012 over same period last year. The real estate market of Mumbai has always been an attractive destination for buyers because it provides high return on investments. Despite the slowdown in [...] Continue Reading »
District forest department in Gurgaon has issued a notice to the real estate builder Ambience group to vacate the forest land in Nathupur. The Ambience group has constructed Ambience Island Lagun Apartment on the protect land for forest in the area. In the notice it is ordered to remove all the structures constructed on the [...] Continue Reading »
Marathalli was a small village on the outskirts of Bangalore. Recently the area has emerged as a colony for a sizable IT population of Bangalore. Property market of Bangalore saw a rapid growth in Marathalli. Several high rising luxurious apartments are present in Marathalli. Recently the residents of the apartments in Marathalli are facing many [...] Continue Reading »
As per the report of the sale registration in Ahmedabad, it is found that the real estate industry in Ahmedabad seems to be going through a bad phase. Property sale deed registration in Ahmedabad has decreased by 20% in last one year compared to previous year. According to the real estate builders of Ahmedabad, this [...] Continue Reading »
Bandra Kurla Complex was created by MMRDA as an alternate commercial destination to Mumbai. Till now BKC has grown as a commercial real estate destination and real estate projects lined up in the region. Currently, BKC has a total stock of 8 million square feet of office space. And an additional supply of 2.5 million [...] Continue Reading »
The Himachal Pradesh government has planned to cancel the Apartment and Property regulation Act 2005. The controversial law was passed in Himachal by the previous government, and the Sood Commission recommended scrapping the Act for the betterment of the environment of Himachal Pradesh. The government took the decision based on the report of the Sood [...] Continue Reading »
Crescent Builders has filed a civil suit against real estate company Shapoorji Pallonji. In the case filed by the builder claiming Rs 105 crore as a damage for failing to redevelop property in central Mumbai within the stipulated time. The Janata Nagar Housing Society appointed Crescent Builders to redevelop their property in Tardeo. A MoU [...] Continue Reading »
Maangalya Ashirwad located in one of the prime location provides luxurious apartments in Bangalore. The project is constructed over 2.55 acres of land at Bannerghatta Road, Bangalore. It is surrounded by a scenic environment which includes a 500 acres reserved forest area and a lake in front of the project. The project offers 2 & [...] Continue Reading »
The decrease value of rupee has positively influenced the demand from NRIs for residential properties in various cities across India, especially in Mumbai. Exporters and the NRIs are two categories which stand to gain from the weak currency, as they will receive more rupee funds on conversion. Because of the rupee’s downward trend, real estate [...] Continue Reading »
