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Occupancy certificate issued by BBMP has sparked an already bad relation between two builders. Century Builders and India Builders Corp, two real estate developers have developed a joint project called Knowledge Park on Bannerghatta Road. Now, they are against each other for some violations in the commercial project. Apart from this, BBMP has recently issued [...] Continue Reading »
Realty experts in Bangalore time and again feel like having a glimpse of realty sales and growth happened during year 2011. 2011 in Bangalore witnessed maximum realty launches and remarkable achievement in the residential sales. Even at the time of increased interest loan rates, sale of apartments made a good remark! However the realty biggies [...] Continue Reading »
Come whatsoever, Gurgaon real estate market is still holding its roots inspite of high interest rates. None of the factors could shake the Gurgaon market and the number of property registrations prove this. The average number of property registered in a month in 2009 was about 2303 which increased to 3236 in 2010 and maintained [...] Continue Reading »
As an initiative to increase affordable housing in the city, Maharashtra Government has made 20% of land mandatory for the same. The step has been taken keeping in mind to provide housing for economically backward classes and low income group people. Reservation of land would be done only on a 2,000 square meter of land. [...] Continue Reading »
The state and central housing bill’s motto is to bring in more transparency and accountability in the Indian realty sector. Maharashtra has been the first most state to uphold strict laws in concern with the Maharashtra Housing Act, 2011. The citizens feel that this act has stringent norms in them being a barrier for a [...] Continue Reading »
Residents of DLF City has taken an initiative which very few people had think of before. As an initiative, Resident Welfare Association (RWA) of DLF City has started its own shuttle service from the project to different parts of the city. The service called Smart Ride is an answer to district administration which has planning [...] Continue Reading »
Many investors have sights on Indian real estate market for investment purpose. One among them is Red Fort Capital which has plans of raising $500 million fund for investing in various commercial and residential complex in India. Red Fort Capital is a real estate private equity firm which focuses mainly in Indian realty is in [...] Continue Reading »
Residents of Noida are not understanding the purpose of paying a fee for the polls. Noida RWAs have been demanded an amount of Rs 50000 as a fee for the upcoming elections. The amount has been demanded by the Deputy Registrar of Firms, Chits and Societies in Meerut for the upcoming polls. The residents are [...] Continue Reading »
Supreme Court has once again issued separate notices to UP Government and Greater Noida authority against land acquisition. A group of farmers from Ghodi Bachheda village of Gautam Buddha Nagar district have filed a petition due to acquisition of their agricultural land in the area. The farmers have challenged the earlier Allahabad High Court verdict [...] Continue Reading »
Worries of economically weaker sections and lower income groups are going to get over in case of housing sector. Delhi Development Authority (DDA) has plans of providing one lakh houses to EWS and LIG group in next three years. If everything goes according to the plan then around one lakh flats will be provided which [...] Continue Reading »
