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Is Pune real estate market witnessing price correction?

Is Pune real estate market witnessing price correction?
Pune : Pune real estate has grown to higher levels and the property prices have increased by many folds in almost all the parts of the city. Pune is an end user driven market with a constant increase in demand of the residential units. The suburbs like Hinjewadi, Kharadi, Hadapsar, Aundh and Wakad are very [...] Continue Reading »

Retirement homes in India in high demand

Retirement homes in India in high demand
The demand for retirement homes are increasing in India. Due to the increasing demand, Indian developers are now focusing on building homes exclusively for senior citizens. It is projected that India’s older population will rise by the middle of the century. According to United Nations Population Division, it is expected that people aged 60 and [...] Continue Reading »

Pune rents going north

Pune rents going north
Pune – Over the past few years, Pune is creating job opportunities for professionals and this is increasing the demand for residential housing in some locations. Posh localities with all amenities and new good quality constructions are in high demand with corporate offices. The corporate offices are looking for fully furnished properties to lease out [...] Continue Reading »

Supertech to build third Disney-inspired project in Gr Noida

Supertech to build third Disney-inspired project in Gr Noida
Delhi-NCR: Supertech Ltd is planning to develop Disney-themed residential apartments in a project in Greater Noida for which it has joined hands with Disney India. At an investment of Rs 500 crore, the leading realtor will develop the project named ‘Fable Castle’, comprising 800-1000 flats. Spreading across 7.5 acre, Fable Castle, is a part of [...] Continue Reading »

Mantri realty set to launch 6 new projects worth Rs 1500 cr

Mantri realty set to launch 6 new projects worth Rs 1500 cr
Mantri Realty is all set to invest Rs 1,500 crore on six housing projects within the next few months. The realtor is planning to develop around a total of 2,300 flats in Mumbai, Pune, Bangalore, Gwalior and Solapur in the next three years. The demand for a project will be good if provided with good [...] Continue Reading »

Real estate developers: trouble in paradise?

Real estate developers: trouble in paradise?
Many leading developers are joining the league where sales volume has pushed down, some with marginal increase in net profit, some with no money and no buyers while some with declining profits. Oberoi realty, Mumbai based real estate company, reported a net profit of Rs 145.2 crore in last quarter of the 2012-13 fiscal against [...] Continue Reading »

BMC likely to replace age old pipelines in South Mumbai

BMC likely to replace age old pipelines in South Mumbai
Brihanmumbai Municipal Corporation (BMC) has recently awarded a tender of Rs 33 crore to replace age old pipelines in South Mumbai. The administration has proposed to repair or replace pipelines measuring 16.06 km from Colaba to Worli. For A, B and E wards, a Rs 15.3 crore contract has been awarded for water mains to [...] Continue Reading »

Mahadevpura transforms into hot property destination

Mahadevpura transforms into hot property destination
A couple of years ago, Mahadevapura was a sleepy agricultural village, but today Mahadevapura has changed drastically. Today, the vegetable garden and paddy fields have been replaced by grand, posh glass and concrete buildings housing IT companies. The area started witnessing rapid growth after the establishment of International Tech park in 1996. Today it has [...] Continue Reading »

SJR Group’s gets new identity “BREN”

SJR Group’s gets new identity “BREN”
Recently, a Bangalore based real estate developer SJR Group has launched a brand new identity for the company. The new identity “Bren” is a part of the firm’s renewal and expansion plans, which also involves broadening into new areas including education and retail. The company entered the real estate business in 1973, now they are [...] Continue Reading »

Surat gets three new projects under JNNURM

Surat gets three new projects under JNNURM
Surat: Three new projects have been sanctioned for Surat under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in order to provide better basic amenities to the residents of the city. The projects that the Surat municipal corporation (SMC) has been given the approval include a 50 million litres per day (MLD) water treatment plant [...] Continue Reading »



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