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MMRDA rental housing scheme awaits CM approval

MMRDA rental housing scheme awaits CM approval
The rental housing scheme by MMRDA has been lying aside for a while as it is awaiting final approval from the state CM. This scheme has become one of the worst-hit projects of MMRDA as around 5,000 flats have been constructed but none have been allocated. These 5,000 flats in Thane have been constructed by [...] Continue Reading »

Jaypee launches residential plots in Yamuna E-way

Jaypee launches residential plots in Yamuna E-way
Jaypee Group launches new residential plots “Jaypee Yamuna Vihar” in Jaypee Sports City in Yamuna Expressway. The project is expected to be completed in December 2015. The project offers different variants for residential plots with area ranges between 209.3 sq.yd to 418.0 sq.yd. The plots are priced between Rs 55.75 lakh and Rs 1.11 crore. [...] Continue Reading »

Real estate projects face labour crunch

Real estate projects face labour crunch
The real estate projects are facing shortage of both skilled and unskilled labour resulting in delay of launch of projects by up to one year. Moreover, it is involving additional cost from cash strapped property developers. Ideally, a real estate project have to get  50-60 clearances from various authorities. Thus, the project can take as [...] Continue Reading »

Pavani Palms: New residential project in Chennai

Pavani Palms: New residential project in Chennai
Chennai- Pavani Group has come up with its latest residential project named “Pavani Palms” in Ambattur, Chennai. Pavani Palms spreads across two acres of land with lush green spaces. It is offering premium 1, 2, 3 BHK apartments of size ranging between 523 sq ft to 1400 sq ft. There are total 150 flats arranged [...] Continue Reading »

Power crisis in UP continues

Power crisis in UP continues
Noida: Noida and Ghaziabad are witnessing continuous power cut issues for a week though discom officials alleged that the situation is improving slowly. Several residents of apartments in Ghaziabad claimed that there was around 8-10 hours of power outages on Sunday. Noida residents also complained that they faced power-cuts of 3-4 hours. However, discom officials [...] Continue Reading »

Water scarcity and contamination to hit Bangalore badly

Water scarcity and contamination to hit Bangalore badly
Due to water scarcity, contamination of water and diseases, the government of Karnataka may have to vacate half of Bangalore in the next ten years. According to sources, lab results at the Public Health Institution and the Department of Mines and Geology of the state government revealed that 52 percent of the borewell water and [...] Continue Reading »

VRR Nest: A residential project by VRR builders

VRR Nest: A residential project by VRR builders
VRR Nest is one of the ongoing projects by VRR Builders and Developers located at Hosur Road. The project is far away from the hustle and bustle of the city. It is expected to get completed by end of 2015. VRR Nest offers 2 and 3 BHK apartments with built up area ranges from 1060 [...] Continue Reading »

Demand for studio apartments increase

Demand for studio apartments increase
Studio apartments basically comprise of single large room that include the bedroom, living and dining areas, with small kitchen and bathroom. Studio apartments are preferred largely by bachelors and small families. Today, the demand for studio apartments is increasing. Software professionals and executives who have generally spent years stationed in a metro and find that [...] Continue Reading »

Godrej Summit Phase III launched in Gurgaon

Godrej Summit Phase III launched in Gurgaon
Gurgaon: Godrej Properties which is the real estate development arm of Godrej Group is all set to launch Phase III of its residential project, Godrej Summit, near Dwarka Expressway, in Sector 104, Gurgaon. The firm is developing the project as a joint venture with Zara Sanya. The new phase will offer a total saleable area [...] Continue Reading »

Policy amendments must to promote affordable housing

Policy amendments must to promote affordable housing
Delhi: With urbanisation expected to grow at a compounded annual growth rate of more than two percent over the next 20 years, there is a great need to develop better policies to provide mass housing, particularly in the suburbs and satellite towns of metros and Tier I cities. The government has to reform the development [...] Continue Reading »



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