Realty News
Unbelievable! The garden city, Bangalore stands high as one of the costliest city in India. This comes as a shocking news that Bangalore has shaded behind Mumbai city which was considered as financial capital in India. The recent analysis of India’s Consumer Price Index (CPI) has proved that, Bangalore city is higher and costlier among [...] Continue Reading »
When any taxpayer come under the highest tax bracket and have to pay 30% tax on the income, one can reduce his tax liability if he avails of the deduction on home loans, especially in case of the second house. In case of a home loan taken for a self-occupied property, the principal amount repaid [...] Continue Reading »
The construction firm Supreme Infrastructure got two order for construction of highways and building construction in Punjab and Delhi. The company has got an order for construction of road project from Punjab works department of total order value Rs 166 crore. The other project is from Delhi Urban Shelter Improvement Board for constructing building projects [...] Continue Reading »
All the real estate properties in Bangalore have been given a new PID number. The Property Identification Number will contain the information of ward number, new street ID and newly allotted property number. To find the PID number online for any property, users needs to visit the BBPM website (http://bbmp.gov.in/). Then users need to navigate [...] Continue Reading »
Designers are involving into the real estate projects for decorating the projects. This move will help the builders to construct quality luxurious living spaces. Rock star Mick Jagger’s daughter Jade Jagger is adding her design to 70 apartments in Equinox Realty‘s 400-unit residential project in Hebbal in Bangalore. These apartments will cost in a range [...] Continue Reading »
The members of Maharashtra Chamber of Housing Industry (MCHI) and Confederation of Real Estate Developers’ Association of India (Credai), have decided to go on a token strike and on May 3. This decision is taken to protest the lack of continuity in policies and inordinate delays in getting clearances for various projects. According to the [...] Continue Reading »
The private equity wing of the investment firm Xander Inc has invested $40 million in a pre-leased IT Park on Chennai. The project will be constructed by the Appaswamy Real Estates Ltd (AREL), a Chennai based developer. The PE firm will hold 100 percent equity stake of the project. The project will be developed in [...] Continue Reading »
Tata Housing Development Company Ltd, announced the list of the beneficiaries of their affordable housing project near Ahmedabad. The company has declared the 950 winners of the first phase of “Shubh Griha” project through a lucky draw. Subha Griha is a mega integrated sustainable green township, spread across 135 acres in Ahmedabad. The project received [...] Continue Reading »
The HC directed the Hiranandanis to construct 3,100 affordable houses. According to the order, the developer have to take permission to embark on further construction after he finalized the constructions of the affordable houses. Niranjan Hiranandani will submit plans for construction of affordable houses in his Powai township project within two weeks. The HC stopped [...] Continue Reading »
The RBI has announced to reduce the repo rate. This decision has raised the hope of the real estate market in Tricity. The real estate in Tricity have seen a major slowdown in last year. The rate cut by RBI will help the buyers to invest into the residential projects. The realty market in Tricity [...] Continue Reading »
