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Overview: Hyderabad’s realty market which had been witnessing a prolonged slump is in a gradual phase of recovery. Ready-to-move inventory is finding takers and an improved off-take in residential stock was observed during the financial year of 2012. The IT/ITES corridor in the western and north-western regions of the city have been showing signs of [...] Continue Reading »
Bannerghatta Road was earlier known as Anekal Road but later was renamed as Bannerghatta Road. The Bannerghatta Road commences from Adugodi and terminates at the Bannerghatta National Park, beyond this point it is known as Jigani-Anekal Road. The locality has many reputed IT companies along with educational institutions. Initially the road was merely used by [...] Continue Reading »
To boost up the real estate sector of Gurgaon, Gurgaon Master Plan 2031 has proposed many new sectors along Dwarka Expressway like 95A, 95B, 89A, 89B, 88A, 88B and 99A as a superior investment area. Within all this sectors, Sectors 88A and 88B are believed to be ideally suited for luxury development. Region purview: The connectivity [...] Continue Reading »
Over the years, real estate has grown vastly in the prime cities of India such as Mumbai, Delhi-NCR, Chennai, Bangalore and Kolkata. The leading cities witnessed rapid growth with the wide-spreading industrialisation attracting massive population. After the tier-1 cities, now it’s time for the tier-2 and tier-3 cities to see significant pressures on their infrastructure [...] Continue Reading »
The segment of home loans continues to witness strong growth despite the slowdown in the economy. According to the vice-chairman & CEO of HDFC Ltd – Keki Mistry; the fiscal year of 2014 is expected to be yet another year of good growth in regards to home loans as customers bring forward home purchases to [...] Continue Reading »
Residential real estate market in Bangalore is witnessing growing demand for mid-end homes. Though the nation’s real estate market is seeing slowdown in economy, Bangalore possesses the potential to withstand it. Last year, the city has seen around 35,500 residential units launches and approximately 8000 units in first quarter of 2013. According to Knight Frank’s [...] Continue Reading »
In the last three years, the number of unsold housing units in prime cities such as Delhi-NCR, Mumbai and Hyderabad have nearly doubled, indicating that the real estate in India would need a long time to recover from. Liases Foras, a real estate consultancy and research firm has revealed that the stock level of residential [...] Continue Reading »
During Mayawati’s government there was a proposal to open an international airport Jewar, which was cancelled later due to financial issues. Now Greater Noida Industrial Development Authority (GNIDA) proposed a budget of Rs 7,005 crore for a slew of development projects. Already around Rs 550 crore has been reserved for improving connectivity of the city [...] Continue Reading »
Dwarka is one of developing suburbs in the National Capital Region. An area which was developed to decongest the capital city as it is located in southwest Delhi. Investors are likely to find Dwarka a desirable residential destination owing to its immaculate planning, sound infrastructure, reasonable (though not low) prices and proximity to employment hubs. [...] Continue Reading »
Some of the new amendments made in the Finance Bill, 2013 to the Income-tax Law is expected to have a deep impact on real estate sector in the 2013-14 fiscal. The amendments relate to taxing the notional income in the real estate transactions as against the real income of the real estate developers as well [...] Continue Reading »
