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Plots near Lilavati Hospital is soon going to see many development, thanks to Oberoi Realty. Oberoi Realty, a real estate based company is in the advanced stage of making a deal with Om Metals Consortium. The deal consists of a development project worth Rs 800 crore at Bandra Reclamation. The 6 lakh square feet plot [...] Continue Reading »
Carrying cash was always an age old problem be it for mugging or any other illegal activity. As the upcoming polls are on its way, it brings lots of tension to Noida property buyers also. Buyers in the city can not freely carry more cash for property registrations. There has been a cap set for [...] Continue Reading »
Mumbai based developers are very much affected by the newly amended development control regulations. After the recent amendments in DC rules, it is predicted that there might be a hike in property prices which would effect the margin of the developers. As per the new rules, common areas like balcony, flower beds, terraces etc will [...] Continue Reading »
Municipal Corporation of Delhi (MCD) is yet again to start the demolition drive of illegal properties in the national capital. Twenty nine such properties have been identified and has been either sealed or demolished by the civic body. Out of twenty nine properties, nineteen are based in Dabri, Mohan Nagar, Mundka, Sadh Nagar and Durga [...] Continue Reading »
Mumbai is soon going to witness a growth in realty sector by some of its developers. The city based real estate developer, Ajmera Realty and Infrastructure has plans of expanding its investment zone by around Rs 1000 crore in real estate and power sectors. Their plan will get placed within five years as they are [...] Continue Reading »
A ray of hope for residents residing in old flats in South Mumbai. The much hyped capital value-based property tax system which was about to get launched is stalled for time being. The state civic administration who had proposed of the tax system has decided to table it later few months. As the upcoming polls [...] Continue Reading »
Profest 2012 is right now the highlight of Pune! The Confederation of Real Estate Developers Association of India (Credai) is organizing a 2-day property exhibition at Pune. This property show is all set and ready to cater the higher-income group this time. If you were planning to invest on an affordable housing, you would probably [...] Continue Reading »
Roads are dug up for the purpose of laying down new fiber cables or water pipelines but they are never repaired back to normal condition. Similar is the situation at Link road in Bangalore. It was Bangalore Electricity Supply Company this time who dug up the road opposite to Link Road bus stand and the [...] Continue Reading »
Everybody wants their share in Indian realty to do good! On one hand the developer feeds mafia and on the other hand the weaker sections wants their share too! With the prevalence of dull realty market, interference of all these concerns are ultimately pressuring the home or property buyers. If we take a look back, [...] Continue Reading »
Sobha Developers, a Bangalore based real estate developer is eyeing on more revenue in 2011-12. As per report, they are expecting a revenue of Rs 1,500 crore from their sales in the fiscal year 2011-12. The company has already sold 818,935 square feet in the fourth quarter of October- December 2011 at Rs 5,475 per [...] Continue Reading »
