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Unitech announced luxury villa Aranya in Bangalore. The company is planning to acquire Rs 250 Crore from the sales of villas. The company has projected 2 years as the sales time line for all 68 villas. Unitech already made net sales value of Rs 513.90 Crore in the last quarter of 2011. The company also [...] Continue Reading »
It is observed that the migration of skilled and unskilled labours from Bihar, Up, Rajasthan are reduced in past few months. This reduction in labour strength made a deep impact on the speed of construction in major cities. The short fall of labour strength is due to the upcoming development projects in those states. To [...] Continue Reading »
President Prativa Patil declare that the government will propose for a bill to regulate the realty sector. The main aim of this bill will be to make the builders bound to comply public disclosure. The bill should introduce clarity and protect the realty customers right. The bill also says that builders should invest funds for [...] Continue Reading »
Slums are present in almost all major cities. It is observed that the area covered by slum residents can be accommodated in half of the area. As most of the slums are extending horizontally by acquiring more land space. If the land is redeveloped under any residential project, all the residents will get their accommodation [...] Continue Reading »
Housing finance is a preferred market choice for many of the non banking finance companies. These finance companies provide loan for the builders as well as they are considered good option for home loans. It is noticed that the residential price index has a rising curve in the tire 2 cities while it is decreasing [...] Continue Reading »
If you are planning to hunt for a house during this March and April there is tough time ahead for you! Right from packing and moving the house old things to adjusting in a new location all causes nothing but inconvenience. In general getting a house for rent which suits all your needs is a [...] Continue Reading »
A large format apartments are in huge demand in Bangalore. These large apartments have floor area measuring between 3,500 sqft and 5,500 sqft. These large apartments costing crores are giving tough competition to villa. However, villas are difficult to maintain in case of gardens and roofs are all meant to be done by owners. When [...] Continue Reading »
The Bangalore’s strength in technology innovation hit list top five biggies for the year 2012 includes Anirudh Sharma, Shirish Goyal, Vikas Malpani, Sumeet Yamdagni, and Animesh Nandi. Anirudh Sharma aged 24 has been named as Indian Innovator of the Year under the age of 35 by the MIT (Massachusetts Institute of Technology). He has been [...] Continue Reading »
The realty industry hoping for a budget which will provide more support to the realty industry to construct more affordable houses. The industry also wants the formation of Real Estate Regulatory Authority (RERA), to improve the transparency and authenticity of the real estate industry. The Industry wants proposals for making it more investment friendly so [...] Continue Reading »
The Bihar State Finance department approves around 10,000 residential flats and several commercial projects of Bihar State Housing Board (BSHB). The board has planned to execute the projects in public private partnership (PPP)mode. The housing projects will be constructed in several locations like Bahadurpur, Lohianagar, Patna. According to the officials of BSHB, they will start [...] Continue Reading »
