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Delhi Metro Rail Corporation (DMRC) is starting trial for eight-coach trains from October. The step has been taken to ease the crowds and these trains will be put into revenue service by this year end. HUDA city centre-Jehangirpuri and Dwarka-Noida/Vaishali corridors are the ones to be benefitted by these trains as the eight-coach trains are [...] Continue Reading »
Some Visakhapatnam real estate firms have been accused of resorting to unfair means to collect money from public and duping the public. Promising vacant plots at a cheap price, many real estate firms are either collecting huge amounts in the form of deposits or easy installments as low as Rs 25 per day. Many firms [...] Continue Reading »
Real estate proves to be one of the best avenue for investment for the large base of NRI population. Delhi NCR has become one the most preferred locations among them. Experts state that real estate offers a safe option to enhance one’s investment portfolio due to high rate of appreciation and periodical returns. NRIs usually [...] Continue Reading »
The anxiety among home buyers in the Mumbai Metropolitan Region (MMR) seem to be soaring with Mumbai, Navi Mumbai and extended suburbs of central and western Mumbai seem to have been infested with more and more projects getting delayed. As per data more than 50 per cent of residential developments in the city are under-construction. [...] Continue Reading »
Lonavala, located between Mumbai and Pune and accessible through the expressway, has always been a popular weekend retreat among Mumbaikars. Now, real estate experts like Jones Lang LaSalle India and Cushman & Wakefield have predicted a huge real estate potential in future for Lonavala. Besides being a hill station, it enjoys excellent road and rail [...] Continue Reading »
Revenue from property registrations has come down considerably in Nellore district in Andhra Pradesh. The dip in revenue is due to a slump in real estate activities in Nellore. The slump has been attributed to nearly Rs.500 crore stuck in circulation schemes. Moreover, investors are interested in buying gold and silver instead of land or [...] Continue Reading »
The decline in Indian rupee has been seen as a benefit by developers of India. Developers have long targeted the non-resident Indians or NRIs, who are often tempted to buy property in their country of origin. The rupee has fallen nearly 18 per cent over the last one year, to trade at around 55.48 rupees [...] Continue Reading »
Following complaints from commuters regarding difficulties faced due to fuel scarcity, the Yamuna Expressway operator, Jaypee Group on Monday promised to improve facilities. The company has begun a departmental probe to look into the plight of commuter. The Group indicated that the first petrol pump on the freeway may become operational by September 15 near [...] Continue Reading »
Statistics show that Public sector banks are facing the problem of high delinquencies in the home loan segment up to Rs 5 lakh. High interest rates and sticky inflation have hampered the ability of small borrowers to service home loans. Home loans in two slabs — up to Rs 2 lakh and Rs 2-5 lakh [...] Continue Reading »
The residents of Noida are agitated over highly-inflated water bills sent to them and mulling the option of going to court against Noida Authority. The residents have alleged that the Noida Authority has unfairly imposed the inflated bills on them and the only option left is to file a PIL. The Authority has maintained that [...] Continue Reading »
