Realty News
The market price of Sobha Developers are at a new high. It is more than in years worth of market value. The stock price shows that the market reputation of the Sobha developers are at a good position. The market scenario of real estate in India is so turbulent, that the share price of any [...] Continue Reading »
Every new residential launch in Mumbai has to undergo tough time! The real estate developers in Mumbai should pay property tax for three year well in advance if they want to take up any new construction project. Again, this will give raise to increase in prices of apartments in Mumbai. So, property buyers get ready [...] Continue Reading »
Bandra-Khar is known as the costliest real estate belt in Mumbai region. The property price in this area has increased rapidly despite a market slowdown. Properties in Carter Road, Bandstand and Pali Hill are increasing noticeably and are now in the same range of properties at Cuffe Parade and Malabar Hill. Recently, a luxurious apartment [...] Continue Reading »
According to industry estimates, at least one third of residential projects in India is facing execution delays. And builders are unlikely to hand over the keys in a hurry to the house that buyers may have already paid for. To counter the situation the real estate industry has come up with a code of conduct [...] Continue Reading »
It will be mandatory for a real estate mutual fund to invest at least 75 % of the scheme`s net assets in real estate companies and related securities. In that amount a minimum of 35 % was to be invested directly into real estate projects in India. The investment funds also will not be allowed [...] Continue Reading »
The Reserve Bank of India reduced the repo rate by 50 bps to 8%. With this decision the loans are likely to get cheaper. After 13 consequent increases since 2010, the RBI has finally reduced the Repo Rate for the first time. According to RBI governor, the liquidity conditions are moving towards normal after several [...] Continue Reading »
Luxury depends on individual’s social status and lifestyle. Luxury apartments does not only mean the one which costs crore of rupees! It all depends on the developer’s idea of launching every apartment. Even with the apartments across India costing crore, the demand for luxury apartments is also increasing. The increasing demand for ‘luxury homes’ segment [...] Continue Reading »
Unbelievable! The Unitech Harmony Country Yard apartment in Gurgaon witnessed a seventh floor balcony collapse previous week. The residents surviving in the seventh floor were in the state of utter shock as it costing their lives for few moments. The seventh floor was hanging in the air for sometime, luckily there has been no damage [...] Continue Reading »
The Malati Madhav apartments on Bhandarkar Road in Pune witnessed a nostalgic incident! It was a burglar attempt which happened on previous Tuesday at one of the well known Marathi writer Pu La Deshpande’s locked house. The burglary was a huge flop indeed! Why because, the house having three rooms were filled with nothing but [...] Continue Reading »
Predicting the real estate market down the lane by next five years, the developers and realty experts say that one can expect launch of maximum 1,50,000 ready flats by the end of year 2015 in the Gurgaon real estate market. This rough data was scaled going by the number of licenses issued to the real [...] Continue Reading »
