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Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) will soon be allotted a huge land of 130-acre prime land which is adjacent to the Indira Gandhi International Airport ( IGIA) for constructing a complex that would include a convention center, hotels and luxury housing/service apartments. The company wants to construct the complex in the land of 100 [...] Continue Reading »
Mumbai: Redevelopment seems to be a logical solution to meet the housing need of Mumbai city. This solution can also become a boon to improve physical and civic infrastructure of the city. The new DCR rules allows FSI of 4 for all cluster redevelopment in the specific areas of MMR (Mumbai Metropolitan Region), which is [...] Continue Reading »
Chennai- The East Coast Road (ECR) in Chennai continues to witness development of premium and luxury projects which is serving the needs of High Net Worth (HNW) segment. In past twelve months, the region has reported price appreciation of around 10 percent. There is an inherent demand of sea facing properties and independent bungalows. Geographical [...] Continue Reading »
Since security has become a great concern in today’s world, many apartment communities have started installing CCTV cameras. Closed-circuit television (CCTV)’s are mandatory in and around your house premises for your own safety and security. Many of the Delhi’s residential colonies have made mandatory the CCTV installment in their respective. The CCTV cameras work safety [...] Continue Reading »
Wave Infratech sets its hopes high for their super ultra-luxurious commercial project in Sector 18, Noida. With a total built up area of around 10, 00,000 sq. ft.; this iconic landmark building will boast of 37 floors consisting of an Ultra-luxury Hotel, Commercial space, Retail space, Multiplex and many more. Christened ‘Wave One’ the project [...] Continue Reading »
Mumbai: Delhi, Bangalore, Kolkata and Hyderabad have been experiencing a boost in property prices with the initiation of Metro. Following the same trend, it is predicted that the upcoming metro in Mumbai will have a positive impact on all the micro markets and the property prices are expected to increase along the route of metro. [...] Continue Reading »
Real estate developers are facing difficulty to sell office space in Mumbai because of the the poor sales and falling rentals in this segment, so a number of builders are converting their commercial projects into residential ones. Builders are also finding it easier to work on housing projects, given the self-financing ability of residential projects through [...] Continue Reading »
Honeywell Technology Solution, one of the global technology firms, is taking up a million square feet of office space in Bangalore. This is the second biggest office leasing deal in the last two years in the country after Goldman Sachs took up 1.6 million sq ft in the city a year ago. RMZ has quoted [...] Continue Reading »
Kochi- Lulu Mall, Asia’s largest shopping mall has become the hottest shopping destination of the city. The Mall sprawls across 2.5 million square feet of space and is loaded is world class amenities and facilities. Located at Edapally junction, the mall is constructed at a cost of Rs 1,600 crore. UAE based Lulu group opened its [...] Continue Reading »
Hyderabad-The real estate market of Hyderabad which witnessed a slowdown due to Telangana issue is all set to turn positive this year.The market has gained momentum with improved buyers sentiments.The last two quarters have received good response towards new launches along IT/ITES corridor. The gradual rise in the price of properties is due to infrastructural [...] Continue Reading »
