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The Asilmetta flyover at Vishakapatnam which is under construction will be even more delayed! The flyover project completion can be expected by August. After which there are predictions of problems to be faced with the commence of rainy season. Now that the government has released funds, all the pending JNNURM projects are also expected to [...] Continue Reading »
The real estate builders of India are now targeting the NRI investors and individual for promoting the project. To advertise the market opportunity, a property exhibition is set in Doha. More than 100 projects across India will be promoted in the property expo. The organizers expecting a huge inflow of funds will promote the real [...] Continue Reading »
New update in Hyderabad real estate by Gowra Hallmark group. Manikonda of Hyderabad will get the Gowra Hallmark Villas project coming up. The builder is targeting the NRIs, HNIs, and top ranked executives as the proposed market for the villas. It is analyzed that the project location already has several skyscrapers. However the need for [...] Continue Reading »
A skyscarper coming up soon at Kochi has been asked to either pause the construction or change the plan. The skyscraper project by Yashoram Infra Developers Private Limited has therefore informed the Kerala High Court that this project in no ways would affect the coastal ecosystems or the backwater system. The Sky city project had [...] Continue Reading »
DLF‘s Maiden Height will be counted in the affordable homes in Bangalore. The apartment project is located at Rajapura, between Jigani and Bommasandra in Bangalore. The construction of the Maiden Height has been started as all the 500 apartments are sold. The project location is well connected to rest of the Bangalore by Bannerghatta Road, [...] Continue Reading »
As government want to build low cost housing for lower income group, the realty industry wants to consider the construction of low cost housing as priority sector. The industry also wants the reduction in interest rate for the housing loan. To enhance the funding availability for the low cost housing projects, realty builders wants the [...] Continue Reading »
Hike in property tax has been a nightmare to the citizens of Thiruvananthapuram. Property tax payers can expect maximum of 60-per cent increase in the tax amount for residences. However, the hike for commercial buildings would be much higher when compared to the residential sectors. Also, recently the city mayor announced the possibilities of implementing [...] Continue Reading »
The property tax defaulters in Pune will have to face tough time! The Pune Municipal Corporation (PMC) will be acting tough and more strict with the tax defaulters. Further more the PMC tax department chief Vilas Kanade say that property tax defaulters have been informed to clear all the pending dues at the earliest to [...] Continue Reading »
The Private Equity invested into Indian Real estate during the period of 2006-07. It is the time to return the investments. However as the development of those projects are running behind the schedule, the Realtors are looking for secondary PE deals to pay back the initial investments. According to the analysts the PE firms are [...] Continue Reading »
The land and villa owners of Emaar Boulder Hill township will be able to register their plot. Adding to the direction, the High court also asked the plot owners to pay addition Rs 15000 to Andhra Pradesh Industrial Investment Corporation (APIIC) before going in for registration. As the CBI investigation is in process, the court [...] Continue Reading »
