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The Maharashtra Housing and Area Development Authority (MHADA) has planned to sale 3,000 affordable houses in the market this year. Among the 3000 flats, 2674 flats will be distributed among low income groups, while 174 are made for higher income group. The remaining flats are kept for middle income group. The application forms will be [...] Continue Reading »
Real estate of Kerala is going to witness the biggest commercial and residential project in Kochi. the first startup village constructed in a public-private partnership venture. The startup village is developed at Kinfra Hi-Tech Park in Kalamassery. The residential projects at Kalamassery will get a good prospective market with the progress of the tech park. [...] Continue Reading »
The Raheja Developers will be investing Rs 300 crore in a group housing project at Haryana. The residential project has been named as ‘Oma‘ inclusive of 640 apartments with 40 storeys and it has been claimed as one of the tallest buildings at Dharuhera. The Raheja Developers Chairman and MD say that this project is [...] Continue Reading »
The civic body’s annual budget for the year 2012-2013 has been finally declared in Thane. This was announced with the delay in formation of the Thane Municipal Corporation’s (TMC) standing committee. The 2012-2013 budget emphasis on environmental conservation and over all development of of the municipality in Thane. An allocation of Rs2,275 crore with a [...] Continue Reading »
The price of apartments in Mumbai are in the increasing side while the builders are not ready to reduce the price. Though the number of unsold flats are high in Mumbai, builders and developers refuse to lower the cost of apartments in Mumbai. The sales ratio did not improved as the buyers are not confident [...] Continue Reading »
Future market network is the real estate wing of Future Group. They are planning to setup eight infra logistic park in coming years. In a joint venture with IL&FS, Future market network will invest more than Rs 1200 Crore over the projects. Future Supply Chain will be the major tenant of all those commercial properties. [...] Continue Reading »
It is being noticed that many fly-by-night builders creating pain for the home buyers. As none of the builders and real estate agents need any registration from the government, all kind of people enter in the realty market and promoting illusory dream flat for sale to the home buyers. It is a common to see [...] Continue Reading »
According to financial advisors, people often buy a flat diving by the emotional force. Later the affordability become a constrain for them. It is observed that people of medium range of income often opted for a flat and later they struggle to pay the EMI and the rent together. These days it is common to [...] Continue Reading »
According to a survey by a real estate portal Central suburb Mumbai and Navi Mumbai have become appreciable place to rent an apartment. The cost of buying a flat is so high that the monthly rent is cheaper than the EMI need to pay against home loan. It is reported that the rent for a [...] Continue Reading »
DLF has a huge debt in market over Rs 20,000 crore. To reduce the debt load DLF planned to sale their non core properties. As a result they planned to sell the 17 acre Mumbai Textile Mill property at Lower Parel. A number of well known builders like Wadhwa Group, Pune based Avinash Bhosale, Piramal [...] Continue Reading »
