Realty News
A civilian training helicopter of the HAL Rotary Wing Academy was forced to land on the roof of an apartment in Bangalore. The incident happened in the GM Palya residential area when the engine of the chopper failed and safely landed on top of the Maithri Opulence in GM Palya.The residents of that area were [...] Continue Reading »
The squads from Municipal Corporation of Delhi (MCD) rushed in and demolished 16 structures in south Delhi. The residents of south Delhi had built structures illegally, taking advantage of the model code of conduct in concern with MCD elections. The illegal portions of around 14 properties in Delhi were identified at Paryavaran Complex, Begumpur, Chirag [...] Continue Reading »
The Maharashtra Housing and Area Development Authority (MHADA) has started its online lottery system, which failed to work on the very first day. The website itself was not working leading the applicants to panic. MHADA planned to conduct a lottery system to distribute 2593 flats, among which 172 flats belong to high-income category whereas the [...] Continue Reading »
Most of us have come across situations where landlord give their house on rent to vegetarians only. But here comes a special case of Sri Nanjundeshwara Developers who sell their flats only to vegetarian. Madhav Rao, the owner of Sri Nanjundeshwara Developers, has been selling flats to only vegetarians, from almost a decade. The builder, [...] Continue Reading »
Are south Indian cities famous for real estate in India? This is the only question that is left unanswered in Indian realty. The southern regions in India since long time has been showing silent progress in building and strengthening its real estate development. Indian cities such as Chennai, Hyderabad and Bangalore have attained a firm [...] Continue Reading »
Godrej Properties has planned to launch 15 new real estate projects across India. The builder will launch all the projects in 2012-13. According to an official of Godrej properties, all these projects will be launched in 12 cities where they have worked earlier. Among the 15 projects, 10 will be constructed in a joint development [...] Continue Reading »
It is reported by the member of Rajya Sabha that the issues related to construction of residential apartment on Delhi outskirts and Noida extension are still unresolved. The delay in resolving the concerns is happening due to the red-tapism of the government. The member of the parliament has also claimed that The National Capital Region [...] Continue Reading »
It will soon be made mandatory that one has to seek prior permission before digging a borewell either for commercial purpose or domestic purpose. Mr. Suresh Kumar, the BWSSB Minister, said that the ground water condition is unpromising in many taluks as it has been over-exploited for years. He attended a meeting of the Groundwater [...] Continue Reading »
The unauthorized buildings continue to mushroom in Ahmedabad. Even though the deadline for regularizing unauthorized buildings has expired, the spread of these buildings is increasing in a rapid pace. This clearly shows that Ahmedabad Municipal Corporation (AMC) has failed badly to take respective steps to pause the spread and growth of unauthorized buildings. Even after [...] Continue Reading »
A rise of around 4.5 percent in the property prices has been witnessed in Bangalore. The recent real estate study observed price changes for around 85 projects considering period of December 2011 and April 2012. The study shows that around 41 percent of realty project prices remained stable whereas another 40 percent of property prices [...] Continue Reading »
