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The flyover, which is constructed in Hyderabad, at a cost of Rs 21.60 crore is expected to ease traffic congestion around Gachibowli and near Outer Ring Road (ORR). The Hyderabad Chief Minister Kiran Kumar Reddy had inaugurated this 1.45 km long Gachibowli flyover on Friday, 2011. The chief minister has dedicated the flyover to the people of Hyderabad and the [...] Continue Reading »
The developers in Bangalore are facing rise in costs of the properties by 10-15% by this year-end is traced to be inevitable generally the price escalation was about 3-4% per annum. However the input costs have been rised by 7%. The average cost of construction has seen a increase by Rs 150 per sqft and [...] Continue Reading »
Reserve Bank of India (RBI) declared a key rate increase of a 25-basis points and the cost of housing is expected to be raising resulting in the developers to pay more interest on the borrowed money from the financial institutions. Pradeep Jain the chairman of Confederation of Real Estate Developers’ Association of India (CREDAI) reported saying that [...] Continue Reading »
Mumbai Metropolitan Region Development Authority (MMRDA) officer reported saying that the monorail will start in November. The State chief secretary, Ratnakar Gaikwad has informed MMRDA to have thorough check before its in the use of the city public to avoid further chaos. The monorail project from Chembur to Wadala is claimed to be ready to be used by [...] Continue Reading »
Pankaj Bansal the director of M3M India reported saying that the sales dip during the monsoon period. Kumar Bharat, the director of BCC Infrastructures reported saying that the sales volume seems not to be affected, reason being the peoples belief.In India, the social landscape is driven by religious beliefs and people’s orthodox. Kruti Jain, the director of Kumar Urban Development [...] Continue Reading »
The real-estate market is witnessing a low demand in Chandigarh, Mohali and also in Panchkula. The developers belonging to the townships on the fringes of Chandigarh has shown no remarks with the prices concerned. The most expensive recorded premium settlements till now is Ireo’s 200-acre integrated township that is under construction near the Panchkula-Kalka highway. [...] Continue Reading »
National Housing Bank (NHB) chairman and managing director RV Verma reported saying that the Housing loans seems to be slightly discomforting as buyers feel there is no way of getting properties at the affordable prices. The central bank recently has increased short-term rates and this hike has been recorded within a span of 18 months. [...] Continue Reading »
The Chennai Metro Rail Limited (CMRL) identified the land required for constructing the station in Alandur in January, held discussions with 29 property owners. The CMRL officials reported that the land acquisition process is being taken care by the Collector of Kancheepuram. The officials explained saying that nearly 10 per cent of the land is required for [...] Continue Reading »
In many cases, renting and furnishing a conventional flat would be too complicated, taking a hotel room would be too expensive. Nowadays, serviced apartments are available in many major cities and in several most economically strong regions.Many companies are tying up with the owners to accommodate their employees. The serviced apartment is not only close [...] Continue Reading »
Residents in Mayur Vihar are finding tough situations to get rid of the water on roads that are to the knee-length. Ashok Sinha one of the resident reported over spending whole morning draining the water out of the house. The residents complained to the authorities a number of times over the same issue every year but [...] Continue Reading »
