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Realty News

Realty expo in Mysore from May 18

Realty expo in Mysore from May 18
MYREALTY-2012, ‘The Great Property Show‘ at Maharaja Grounds in Mysore will start from May 18. The realty expo will be conducted by Builders’ Association of India (BAI), in association with Confederation of Real Estate Developers’ Associations of India (CREDAI, Mysore center). The organizers are aiming to bring buyers, sellers and financiers on the same platform [...] Continue Reading »

Cost of properties in Greater Noida is reducing

Cost of properties in Greater Noida is reducing
Infrastructure has a greater impact on real estate industry in India. After that announcement of cancellation of Jewar Airport Project, the real estate market in Greater Noida and around Yamuna expressway has witnessed a downward trend. The construction of the airport is cancelled on the base of a clause in the agreement between Centre and [...] Continue Reading »

3 members are expelled from builders body in Chennai

3 members are expelled from builders body in Chennai
Three real estate builders DLF, Hirco and Hiranandani, have been removed from the builder’s body, the Confederation of Real Estate Developers’ Association of India (CREDAI) in Chennai. The builders were expelled as they were opposing to sign the organization’s ethical code of conduct, mandatory for all the 8,600 members spread across 105 cities in 22 [...] Continue Reading »

ASK investor will exit from residential project in Noida

ASK investor will exit from residential project in Noida
Real estate focused private equity fund ASK Property Investment Advisors had invested Rs 50 crore in the residential? development ?project in Noida. The project is expected to be completed in few months. 12 residential tower have been constructed in the project over 14.5 acres of land in Noida. As the project ended with a great [...] Continue Reading »

New housing project in Noida by Gulshan Homz

New housing project in Noida by Gulshan Homz
New residential project will come up in Noida by Gulshan Homz. The real estate developer has planned to invest Rs 900 crore in the next five years to develop various residential projects in Noida. The builder group has already launched Ikebana in Noida, where 1500 three bed room apartments will be constructed in phases, in [...] Continue Reading »

Cost of properties will rise in Pune

Cost of properties will rise in Pune
The cost of properties in Pune are going to increase as the Pimpri Chinchwad New Town Development Authority (PCNTDA) has decided to increase the transfer fees and plot selling rates by 10 to 30%. For residential areas, the selling rates would range from Rs 3,660 to Rs6,120 per square meter and for developed sectors from [...] Continue Reading »

Negative growth of residential property in Mumbai

Negative growth of residential property in Mumbai
The residential property market in Mumbai has shown a negative growth of         – 9.1 percent by the year ended in March 2012. According to a realty analyst firm, the performance of the sales market in Mumbai real estate has suffered by the global crisis. Though the cost of properties in Mumbai [...] Continue Reading »

Builder fined of Rs 11.31 lakh by the consumer forum

Builder fined of Rs 11.31 lakh by the consumer forum
The consumer forum has ordered TDI Infrastructure Pvt Ltd, a real estate firm to refund Rs 11.31 lakh to a customer for its failure to give him the possession of a shop in the desired time limit. Moreover, the booking amount was collected without having an agreement and  it is considered as unfair trade practice [...] Continue Reading »

Mangalore Property show on May 19 and 20

Mangalore Property show on May 19 and 20
A property show will be conducted in Mangalore by Manipal Ace Event Management Company on May 19 and 20. ‘Mangalore Realty and Buildcon Expo will showcase all the available and coming up real estate projects in Mangalore.  Builders, promoters, banks and housing finance companies will participate in the realty expo. The organizers have planned to [...] Continue Reading »

Rental properties in Pune are witnessing high demand

Rental properties in Pune are witnessing high demand
Pune has witnessed a consistent real estate market in the last few years and continues to be one of the prime cities for residential investment. A high migrant influx offers a robust market for rental property in Pune. Growth of the industries in Pune has stimulated the growth of the real estate market. The demand [...] Continue Reading »



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