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Hyde Park Estate residential project in Mullanpur in Chandigarh by DLF a realty major was launched recently. This project comprised of nearly 800 plots and now it is quite surprising to hear that, all the 800 plots have been sold within a matter of days of launch. DLF experts say that midst all these back [...] Continue Reading »
It might be a bad news for the stock market as the value of rupee against dollar falls but the same does not apply for the developers. Kochi based developers are planning to lure in more investors and buyers during this depreciation period and make more revenue out of it. The Confederation of Real Estate [...] Continue Reading »
Municipal Corporation of Delhi (MCD) engineering department are caught faking construction work. This analysis proves the bad governance kept up by the MCD department. MCD civic engineers are allowing the spread of illegal constructions in Delhi. Therefore Delhi High Court issued notices to nine such MCD engineers. The president of a residents’ welfare association (RWA), [...] Continue Reading »
The Luxury hotel chain of Park Hotels is all set and ready to expand its business planning to commence service apartments sector in Kolkata. Nearly 400 rooms will be availed for the service apartments in the company’s second hotel in Kolkata. The idea of service apartments is said to work out well in Kolkata as [...] Continue Reading »
Gone are the days when colourful advertisements used to attract consumers. This holds true with Bangalore Water Supply and Sewerage Board’s (BWSSB) advertisement about rain water harvesting. December 31 has been set the target date for installing rainwater harvesting structures in the housing complexes. For this, many advertisements have been put up by BWSSB which [...] Continue Reading »
Finally, flat owners who had booked their flats in Commonwealth Games Village can breath a sigh of relief. Delhi Urban Arts Commission (DUAC) has recently agreed to hand over the completion certificates after long objections. Emaar MGF had the largest share in the area with 400 flats out of 1168. Delhi Development Authority (DDA) will [...] Continue Reading »
The rupee depreciation in the past six months has gone to 20 percent and likely there are chances of property prices drop down by 20 percent. In the same context the non-resident Indians (NRIs) are in a mad rush to invest in Indian realty sector as the rupee breached the Rs 54-mark against the US [...] Continue Reading »
Real estate experts have predicted that good times are approaching for Kolkata real estate sector. This year the city had experienced many ups and downs due to hike in property price, low demand in residential market, etc. According to Jones Lang La Salle India, buyers will think twice before investing in residential apartments. It has [...] Continue Reading »
The year 2011 was a major failure for the Indian real estate sector. Now that 2011 is almost coming to an end, the real estate experts and developers are worried about realty role play in the upcoming year. According to the realty experts, the major drop back for failure this year is; lack of confidence [...] Continue Reading »
In Pune, a residential bungalow which is a part of villa development project was sold for Rs 1.61 crore. This bungalow is spread across an area of 3,300 square feet with a four-bedroom unit. Pune today has a capital value of about Rs 5,000 per square foot. Holiday homes which is spread across in the [...] Continue Reading »
