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Andhra Pradesh Govt to de-notify IT SEZs

Andhra Pradesh Govt to de-notify IT SEZs
Andhra Pradesh has in the past attracted investments from IT giants like Microsoft, Google and Facebook. However, the inability of its tier-II cities in attracting investors for IT SEZs, has led Andhra Pradesh Government to of de-notifying these SEZs. According to a top bureaucrat, the government is contemplating to convert these SEZs into other industrial [...] Continue Reading »

Real Estate Future of Panvel

Real Estate Future of Panvel
Panvel is divided in to New Panvel East, New Panvel West and Old Panvel. Within five years, Panvel has transformed in to a first home destination from the holiday home destination. The upcoming infrastructural developments, excellent connectivity with Mumbai – Pune and availability of residential units is providing Panvel a growth potential and making it [...] Continue Reading »

Regularization of unauthorized colony

Regularization of unauthorized colony
The Delhi Government is taking new steps to deliver its promise towards the residents of unauthorized colonies. The building control norms stated in master plan 2021 will be relaxed so that regularization of the unauthorized colonies becomes possible for the 1,639 colonies. The state’s Urban Development Department has also asked for relaxations in MPD-2021, to [...] Continue Reading »

Rajarajeshwari Nagar witnesses an increase on rental values

Rajarajeshwari Nagar witnesses an increase on rental values
Raja Rajeshwari Nagar, an area located in South Bangalore. The locality has been named after a famous temple Rajarajeswari Temple which was built in early 1960s. Raja Rajeshwari Nagar is one of the nice residential localities in Bangalore. Raja Rajeshwari Nagar is one of the upmarket localities that has seen a noticeable rise in rental [...] Continue Reading »

Affordable homes: Affordable for whom?

Affordable homes: Affordable for whom?
Affordable housing is meant for people belonging to low-income group to help them buy their own homes. Such projects offer the eligible first-time purchasers a chance to own newly constructed houses or apartments at lesser prices compared to the then market value. Leading developers like Tata Housing, Jaypee, Wave Infratech, etc. have experimented with affordable [...] Continue Reading »

Residential Realty on rise in Magadi Road

Residential Realty on rise in Magadi Road
Magadi Road, the stretch connecting Majestic to Magadi in West Bangalore, has been witnessing high growth in residential segment. The area offers residential villas and residential plots at comparatively lower rates than other parts of the city. Rajajinagar and Malleshwaram are the areas present in close vicinity. Some of the surrounding areas include Vijay Nagar, [...] Continue Reading »

Farmhouses, a value add for real estate in Gurgaon

Farmhouses, a value add for real estate in Gurgaon
With the new farmhouse policy in the final stage of formulation by the Haryana government, Gurgaon is now all set to develop farmhouse colonies as the latest entrant to its real estate kitty. As per the draft policy a farmhouse colony would be a cluster of 20-30 farmhouses, spread over at least 100 acres, each [...] Continue Reading »

DUSIB revises land price for public projects

DUSIB revises land price for public projects
Due to 55 kilometre long corridor of Delhi Metro Rail Corporation (DMRC) Yamuna Vihar- Mukundpur line,around 1,000-odd residents of Trilokpuri in east Delhi were relocated. DMRC planned to  construct  new houses for residents on an alternate plot in the same area. The total area of the land is 8000 square meters where this residential project [...] Continue Reading »

Parking mandatory even in small housing projects: GDA

Parking mandatory even in small housing projects: GDA
Ghaziabad: Parking provision is made mandatory for all housing projects in Ghaziabad, announced Ghaziabad Development Authority (GDA). Builders should provide one car parking space for each housing unit in a building developed on a plot area of over 100 sqm. In order to reduce the number of vehicles parked on internal roads, GDA has come [...] Continue Reading »

Despite promises, realty sector faces supply crunch

Despite promises, realty sector faces supply crunch
The year 2013, is expected to be the year of delivery for residential projects that were stuck for some time. Developers claim that they are going to supply a large number of units this year. According to a survey done by one of the research firms, in Gurgoan, the projected supply was 38,684 units in [...] Continue Reading »



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