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The sale outflow of apartments in Mumbai real estate has slowed down. It is observed that the residential apartment sales in Mumbai has dropped by 28 percent during last 1 hour. Right now Mumbai realty market has plenty of unsold apartments in and around the city. However, in the experts view all the apartments will [...] Continue Reading »
The redevelopment work of around 50 apartments in areas like; Anna Nagar, Besant Nagar, Shanthi Colony and Adyar are paused in legal battles. The issues between apartment owners and the Tamil Nadu Housing Board (TNHB) has left the apartment owners stay in rented houses. The issue is all about implementing a 10 percent increase the [...] Continue Reading »
The Bihar state government planned to run a survey to prepare a database for the land information. The Bihar Police Building Construction Corporation (BPBCC) are asked to do the survey. The government will fund these projects as it will be a part of the state’s real estate management and planning. The Bihar state government does [...] Continue Reading »
The Veritas investment research agency expressed their concern for the Indian real estate industry. According to research agency, the projected market condition is not as good as it is claimed. According to the research firm the strategic decision taken by different builders are very risky when compared to the present real estate market situation. It [...] Continue Reading »
The real estate industry demands tax rebates, excise duty reduction, stamp duty waivers and expansion of the interest subsidy on loans in the coming Budget 2012. According to the real estate builders affordable housing projects will enhance the fund flow for the real estate market. The sector also wants availability of funds at lower interest [...] Continue Reading »
The Abudhabi investment authority has planned to invest directly into Indian real estate market. They are planning to invest through realty and private equity funds. According to ADIA sources has already invested $400 million into Indian Real estate market. It will be a good opportunity for the Indian Realty market to enhance real estate market [...] Continue Reading »
The State government’s new policy to provide affordable housing policy will be implemented from April 15, 2012 The state government has made it clear that any project on or above 2000 sqm land, must reserve 20 percent of the space for building affordable houses for the lower income group people. The builders have expressed their [...] Continue Reading »
All these days illegal constructions, buildings was all in the news and now its high time that the layouts have been traced out illegal! A very huge number of unauthorized layouts has been growing in Hyderabad. Especially within the Hyderabad Metropolitan Development Authority (HMDA) limits, authorities in the city have witnessed rapid growth of illegal [...] Continue Reading »
The residents of Bhubaneswar are more interested to buy apartments from government agencies than from private builders. Though it is reported that the projects from private builders are cheaper than government agencies, the main concern for the private builders that they are not keeping their promises. The properties from private builders are lagging in proper [...] Continue Reading »
The growth of the real estate in Hyderabad is happening now after a long time interval. Due to multiple factors like Telengana movement, Recession, global crisis the investments in real estate has been stopped in Hyderabad. Hyderabad has shown vibrant growth in terms of business and job market. The growth has increased the real estate [...] Continue Reading »
