Uncategorized
The realty scenario for the year 2011 was a roller coaster ride. Too many residential projects were paused, with plenty of apartments are still left unsold! The housing finance companies were in a complete dilemma with the interest rates hiked many times during this year. The delay in project execution was a major drop down! [...] Continue Reading »
2012 realty economy is up already started and there are lot of expectations from the investors, developers and property buyers point of view. There are huge amount of construction sectors which is kept unsold. Along with this the realty industry is in debt even toady with more than Rs 45,000 crore. The unlisted players who [...] Continue Reading »
Hyderabad realty sales went on pretty good during the year 2011. However, the city realty sales are no more the same; as the realty construction is on halt and the land sales have dropped down completely. The government order (GO 86) restrictions had paused building constructions in the congested zones in the city. Meanwhile the [...] Continue Reading »
2012 is a promising year for the realty sector in Bangalore! With the Reserve Bank of India (RBI) soothing the home loan rates and property prices slightly coming down in certain part of the city. Real estate experts say that with the new upcoming launches in this year, the property prices are expected to remain [...] Continue Reading »
The ready reckoner (RR) rates is out in Mumbai city and the realty players bashed Maharashtra government for the rise in ready reckoner rates. This new rates came into action from Sunday, bringing in change by five per cent and 30 per cent in Mumbai and rest of Maharashtra. Realty players believe that the present [...] Continue Reading »
Eiffel Group who are primarily into plot development is all set and ready to invest Rs 300 crore to launch more realty projects in Mumbai, Pune and Nashik regoin in over next three years of time. Eiffel Group experts say that they will be acquiring land and buildings to improve the necessary infrastructure in these [...] Continue Reading »
Inspite of continuous price hikes and interest levels touching sky, demand for home loan has not been affected by any. Home loan has been in constant demand especially in smaller cities. According to a report, loan borrowed has rose by 14% by October 2011 against end of 2010. A rise of 12% was witnessed in [...] Continue Reading »
The residents of Mambalam in Chennai are facing problems everyday due to improper public transportation. Chennai is a place where maximum of the population depend on public transportation! There are sufficient bus services, however there is no proper planning midst the transportation and the workers. Citizens of Chennai complain about the over night change of [...] Continue Reading »
Drinking water shortage has turned into a serious issue for the residents of Sanjaynagar Ward in Bangalore. There is no end for the digging of borewells in the city. As and when the days are progressing, the number of housing constructions are increasing and similarly people are digging borewells. But, it is strange that none [...] Continue Reading »
An IT SEZ was sold for Rs 810 crore in Pune. The SEZ, jointly hold by DLF Ltd and Hubtown Ltd has been sold to Blackstone, a private equity fund company. Both the real estate developers had stakes in the company with DLF having 67% in it. The SEZ was situated in the Hinjewadi area [...] Continue Reading »
