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The present realty situation has paused the launch of new residential projects in entire India. There are plenty of pending projects which were constructed during previous year and have not been sold! The developers and builders in Hyderabad have therefore planned to push these pending projects and then plan for new launches. In these realty [...] Continue Reading »
Buying a plot, planning for house construction and waiting a year long for the house to get completely constructed. All these seems to be one of the toughest tasks for the home buyers in New Delhi. Therefore, the home buyers are preferring more for ready to occupy flats wherein they can take possession immediately. Also, [...] Continue Reading »
The highest value of realty transactions of Mumbai and Pune will be submitted to National Institute of Public Finance and Policy (NIPFP) at the earliest. The realty registration and stamp duty, ready reckoner rates and sale document details are also collected say the ministry. Through this detail and depth study, the unaccounted incomes of India [...] Continue Reading »
A realty show for the year 2012 held in Kuwait is one of the biggest realty exhibition at Ramada Kuwait Hotel in Al-Riggae. A two day realty show showcased around 50 leading reputable Indian real estate developers with more than 200 residential and commercial projects under one roof. The top participants from India were; Mohtisham [...] Continue Reading »
Indian realty is facing a downfall, developers and builders have lost hope of the realty scenario seeing growth during the year 2012. However, even with such a kind of situation, many of the realty sectors are planning to launch thousands of realty projects. All what the builders are looking forward is for soothing of Reserve [...] Continue Reading »
In the premises of Essel Tower complex at Haryana around six illegal guest houses were sealed by the District Town Planning Department (DTP). These guest houses were running in the residential premises of Essel Tower complex. Also, DTP had received complaints in concern with commercial activities happening in the residential areas of Haryana. With the [...] Continue Reading »
As per the recent Bombay High court’s order, service tax will be levied on construction of properties. Earlier, Maharashtra Chamber of Housing Industry (MCHI) challenged the order of paying extra service tax. The order also stated that only state government has the power to levy tax on flats, buildings and other plots. MCHI has already [...] Continue Reading »
The renowned real estate group RMZ Corp wants to change its course of work into residential projects. The firm based in Bangalore has plans of entering residential realty market as it might sum up more profit for the company. As per plans, the firm wants to concentrate in 60:40 ratio for residential and commercial projects [...] Continue Reading »
The Dewa Projects, a construction firm in Kochi with an investment of Rs 600 crore has launched a 24-storey residential project in the city. The residential project is named as ‘Deva Pier 20‘ and is one of the luxurious residential projects in Kochi city. The Thiruvananthapuram-based Dewa Projects will be launching this residential project in [...] Continue Reading »
The Foreshore Estate in Chennai has been ordered for a redevelopment into residential colony by the Tamil Nadu Housing Board. In action with the same, tenders are being floated by the housing board. Around 2,600 flats are being planned to be constructed at multi-storied residential complexes at Foreshore Estate. With the area covering 21.03 acres [...] Continue Reading »
