Realty News
The real estate trend of the Silicon City of India has been witnessing a drastic increase in the property prices. The real estate prices have touched the peak by about Rs. 33,000 per sqft. This property price was said to have been tagged to the upcoming apartment at the Kingfisher Towers also known as the [...] Continue Reading »
A luxurious apartment will be constructed in the place of a famous Studio in Mahalaxmi. One of the oldest studios in the city was bought by Piramal realty. In the joint development agreement with the owner of the studio, Piramal realty will construct a luxurious residential apartment in Mumbai. The total cost of the project [...] Continue Reading »
Real Estate in India needs better and capable human resources. Today, many students are choosing real estate as course of interest and to see if the industry is challenging. The recent industry report filed by leading real estate intelligence firm, Jones Lang Lasalle has debated whether career in real estate at present is apt or [...] Continue Reading »
A leading real estate company, Housing Development and Infrastructure Ltd. (HDIL), is planning to construct a township in Noida. This 100 acre villa township is going to be its first project outside Mumbai. Mr. Hari Prakash Pandey, Vice-President, Finance and Investor Relations, HDIL, has revealed that the project will be launched in another 8-10 days [...] Continue Reading »
One of the senior town planners (STP) in Gurgaon has directed the developers of Orchid Petals apartments in Gurgaon to declare RWA elections. The RWA elections is kept pending since a year and now finally the elections are said to be slotted by May 4. The Orchid Infrastructure Developers Pvt. Ltd (OIDPL) has been directed [...] Continue Reading »
The well known real estate developer House of Hiranandani having a land parcel of 140 acres in Bangalore and 110 acres in Chennai is right now planning to develop property. The Hiranandani top company executive say that they are planning to develop property understanding the property buyer’s preferences. The director at House of Hiranandani say [...] Continue Reading »
The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) will construct a 100 acre township in Noida. This will be the first project by HDIL outside Mumbai. In this township project both plots and villas will be sold. HDIL is aiming to launch new project to enhance the cash inflow which will help them to reduce the debt [...] Continue Reading »
The end users for properties in India who are purchasing their first house are looking for ready-to-occupy flats. In context with same, the chief executive officer of PropEquity say that ready-to-occupy flats will fetch lower returns on investment when compared to flats under construction. However, when considering flats under construction the concerns are many like; [...] Continue Reading »
The real estate builders in Mumbai have called off for strike and it is scheduled for May 3, 2012. The Builders Association of India along with the Maharashtra Chamber of Housing Industry and the Confederation of Real Estate Developers Association of India had called for strike protesting the delay in realty project approvals. According to [...] Continue Reading »
