Realty News
In many cases, renting and furnishing a conventional flat would be too complicated, taking a hotel room would be too expensive. Nowadays, serviced apartments are available in many major cities and in several most economically strong regions.Many companies are tying up with the owners to accommodate their employees. The serviced apartment is not only close [...] Continue Reading »
Pradeep Jain the Chairman of the Confederation of Real Estate Developers’ Association of India (CREDAI) and chairman of Parsvnath Developers reported saying that they were not expecting in sales during the festive season. However the good buying in the festive season is the main mantra, but these rate increases have resulted in the cost of funds [...] Continue Reading »
Pranay Vakil the chairman of real estate consultants of Knight Frank reported saying that the borrowers will have to accommodate the increased EMI by expanding the loan repayment period within a year. However the majority of the borrowers may not be able to do so and would face a tough time paying a high EMI with [...] Continue Reading »
Reserve Bank of India (RBI) home loans are increasing frequently resulting in the people being dissuading from buying houses. Sanjay Dutt the CEO of Jones Lang LaSalle India reported saying that the home loan interest hike will decrease the construction activity directly impacting on the real estate sector. Few smaller builders will find edged out of [...] Continue Reading »
In Chennai, the apartment gains were recorded maximum in areas where the base price was low. In north Chennai, the builders are found to be hesitant to promote projects as the prices have been low drastically. The disparity between the north and south has always been in the real estate flow. There was drastic rise in prices [...] Continue Reading »
Power supply in Noida was turned down between noon and 3pm and this affected several sectors all over the city. Since the electricity feeder lines are drawn from the other sectors the power supply was affected in nearby sectors too. Electricity supply was disrupted for over three hours on Thursday in almost all the sectors of Noida, apart [...] Continue Reading »
In Mumbai and Kolkata an apartment measuring 3,000 sqft in Powai, was sold for Rs 6.9 crore. In Mumbai real estate has an average capital value of Rs 23,000 per sqft and floating rates between Rs 23,000 and Rs 32,000 per sqft. However, the suburban locations of Mumbai have constant values from past two or three months.not [...] Continue Reading »
The Bhagtani Group in Mumbai is coming up with a new project of residential living which claims to be the prestigious project in Mumbai City. Powai which is located in Mumbai is said to be the best preferred place in Mumbai and inspire to pledge property. Powai also stands as one of the developing residential destination and this has [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) is a public listed real estate company in India with shares traded on the BSE & NSE Stock Exchanges. HDIL group has completed more than 100 million sq.ft of construction in all verticals of real estate and has rehabilitated around 30,000 families in last one decade. HDIL aims to [...] Continue Reading »
Bangalore Development Authority (BDA) website had links to some overseas private property developers. BDA had not renewed its domain name on the internet. The front page of website says the domain name expired at 10.16am on September 9. Raja Nambiar gave away 1.5 acres of land for the Peripheral Ring Road and is waiting for [...] Continue Reading »
