Realty News
A new residential complex ‘Vishwas Natasha Residency‘ by Vishwas Bawa Builders, launched in Mangalore. This is the latest residential apartment at Ashok Nagar, Mangalore. The opening ceremony was held on 2nd April, 2012. This project is the 19th completed project by the builders. The apartment is set in a quiet locality and very near to [...] Continue Reading »
A recent study related to the rental apartments in Pune has revealed that the cost of rent is increasing in Pune. 16% rise in the rental amount is recorded for the apartments in Kalyaninagar, compared to last year. As the cost of the new apartments are increasing and there is no scope of any reduction, [...] Continue Reading »
The Confederation of Real Estate Developers’ Association of India (CREDAI), Nashik has elected Kiran Chavan as the president. The priority of CREDAI, Nasik will be to encourage the builders of the region to construct the Green apartments in Nashik. They also concentrate on the beautification and planned construction of the city. CREDAI will also take [...] Continue Reading »
Bangalore is called the silicon valley for the IT industry in India. The demand for office space is increasing rapidly in Bangalore. A demand for 3.6 million sq. ft. office space in recorded in the first quarter of 2012. According to a research agency, the demand for office space in the country has been reduced, [...] Continue Reading »
In the two days conference at Pune the Confederation of Real Estate Developers’ Association of India (CREDAI) has planned to send an application to the union government. CREDAI also decided to go for a all India strike to let others know about the concerns facing by the realty sector. The association wants to follow the [...] Continue Reading »
The entire real estate market is facing a tough time for selling the high valued luxurious apartments. In this scenario the demands for low priced affordable apartments in Ahmedabad remains high. The builders in Ahmedabad have decided to construct more than 15000 affordable residential apartments in various location of the city. According to the builders, [...] Continue Reading »
The union cabinet will soon consider the real estate regulatory bill which will provide the regulatory authorities with specified functions, powers and responsibilities to settle disputed. According to the bill the registration of the property agents and the real estate projects will be made compulsory. There will be a provision for imprisonment for the builders [...] Continue Reading »
The realty builder Parsvnath Developers planned to sell its commercial land in Connaught Place, New Delhi. The Sahara group and the ICICI are the major contenders for the land. It’s a 1.18 acre land at kasturba Gandhi Marg. Parsvnath Builders were bought the land in 2008, and planned to construct a retail cum office complex [...] Continue Reading »
Pirojsha Godrej replaced Milind Korde and took over as MD and CEO of Godrej Properties Limited. He will be concentrating more on gaining investors confidence while he will follow the same previous business strategy of asset-light model. Right now GPL has a debt amount of Rs 2000 crore and its interest payment exceeded the company’s [...] Continue Reading »
Raheja Developers waiting for the approval for a 108 acres township project at Sohana Nagar, Gurgaon. The projected investment for the entire project will be around Rs.1000 crore. The developer has submitted the letter of intent to the approval authority and waiting to get the final clearance. The total investment will be made through internal [...] Continue Reading »
