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2011 is now known as the year of high home loan rates. Never before the loan borrowers had faced such a rapid hike. Simultaneously, year 2011 will be known for aggressive property buying in peripheral and suburban areas of cities across the country. The high interest rates ended up the developers to sell the properties [...] Continue Reading »
The expansion of power energy in Bangalore city is in huge demand. However, it is an acceptable fact that the power energy scenario is unchanged since a decade. Karnataka Electricity Regulatory Commission ( KERC) has planned for a revolutionary change to introduce usage of smart pre-paid power metres. This smart grid project will be launched [...] Continue Reading »
The commuters in Bangalore have a happy news! Bangalore metro has decided to function till 2 a.m on January 1st. On the occasion of new year metro department has given provision for late night traveling. The extended timings is only for a day. Metro corporation will be operating between Byappanahalli and MG Road only to [...] Continue Reading »
At one pace Delhi government is busy demolishing illegal structures in the city an on the other side is setting up new agencies to avoid the spread of illegal buildings. Historical buildings are also included under this agency. Similar unauthorized multi-storey building is comping up a little proximity from Nizamuddin dargah. The Archaeological Survey of [...] Continue Reading »
Nirvana Country residents are unhappy with the lack of services and amenities in the complex. This is inspite of increase in maintenance charge by 150%. Around 700 families stay in the society and most of them has denied to pay the said maintenance charge. The residents allege that the boundary wall has been broken since [...] Continue Reading »
The property registration numbers has seen a major backdrop in Mumbai city. Since April 2011 the property rates have seen a sharp rise by 10 percent. The Prabhudas Lilladher report in Mumbai say that on monthly basis the property registration numbers have declined by 12 percent. Real estate experts say that there is minimum percentage [...] Continue Reading »
With this kind of fluctuation in realty market, the real estate developers in Bangalore city no longer interested on selling their residential or commercial properties. The rising interest rates, property rates; the real estate developers say that they have learnt a big lesson from witnessing loss and profits. The only path they find workable is [...] Continue Reading »
An apartment in DLF Phase V, Gurgaon was recently sold for Rs 3.45 crore! The 4 BHK apartment in DLF Icon has a area of 2,810 square feet and is located on the tenth floor of the apartment tower. The complex is provided with all modern amenities. Yet another apartment in Mahalaxmi, Mumbai of the [...] Continue Reading »
The property buying for the year 2011 was all driven by captured home buyers. The property transactions in India were down by 20 to 40 percent. Transactions in realty sector was a major headache for both the buyers and investors. Now that the year has almost come to an end, expectations for the year 2012 [...] Continue Reading »
Coming new year is expected to bring new life in the real estate sector against last year’s slump in sales. According to a report, there has been a bit of depreciation in the property prices which is healthy for the realty market. Due to which, there has been a upward demand for the properties. In [...] Continue Reading »
