Realty News
The delay in approvals for construction projects has annoyed the builders across India so much that they have decided to stage a protest. The president of confederation of real estate developers association of India (CREDAI) say that a day long strike has been planned if the demands are not met. Also, it has been observed [...] Continue Reading »
Bangalore city is looking ahead for the changes to be made for its further developments. The government is yet to come out with a policy to facilitate horizontal instead of vertical realty development in Bangalore. As a fact that Bangalore city is facing many high-rises! With the days progressing, Bangalore city is vertically developed. Many [...] Continue Reading »
The “Garden city” Bangalore will soon welcome the launch of luxurious apartments! Yes, luxurious apartments in Bangalore has been planned to be constructed at the land belonging to public sector enterprise Mysore Lamps Limited. In concern with the same, Chief minister DV Sadananda Gowda has directed BDA commissioner Bharat Lal Meena to approve and commence [...] Continue Reading »
Sales of properties in Chennai, Bangalore and Gurgaon are being sold in a rapid pace similar to that of hot cakes! This one one sentences explains the whole real estate scenario happening in around cities in India. All of us know for a fact that year 2011 for real estate industry was nothing but a [...] Continue Reading »
There is an increase in the number of illegal buildings and apartments in Bangalore city. According to the recent studies, there are more than thousands of apartments which are illegal and no legal action has been taken against them. The unauthorized layouts are increasing in the city, therefore BDA wrote to strict while approving no-objection [...] Continue Reading »
The rocketing prices of properties in Chennai has made property buying a distant dream for the lower and middle class population in Chennai. Follow up to this not many of them are interested to invest on property with hiking rates. Therefore, to balance the real estate market in Chennai city, the state government has announced additional floor [...] Continue Reading »
In Mumbai, a verdict was passed in the city civil court regarding tenants fighting for landlady regarding the building’s renovation and repair. It is the house owner who stands responsible to spend for house renovation. Similar case was booked by the tenants of Shubadra Mansion at Walkeshwar. Wherein, the tenants blamed mishap on an illegal [...] Continue Reading »
Its time for us to have a look back at the performance of commercial as well as residential real estate sales for the previous year. Delhi, the walled city has been crowned fifth place for its best infrastructure development and sales of properties in India. Also, cities like Mumbai and Delhi are marked as most [...] Continue Reading »
Due to various issues from administration and delays, Confederation of Real Estate Developers’ Association of India (Credai) has decided to send a SOS to the Prime Minister. Real estate sector contributes around 7% of the revenue which comes upto Rs140,000 crore but still the people associated in the sector are facing problems and their appeals [...] Continue Reading »
India’s largest and leading finance lending sector HDFC banking sector is lending Rs 150 crore for the construction of Vijay Mallya’s Kingfisher Towers in Bangalore. This project which is expected to be completed by year 2013, is right now an eye catching residential project across the country. The luxurious Kingfisher Towers promoted by UB Group [...] Continue Reading »
