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Recent amendments in General Development Control Regulations (GDCR) for the floor space index (FSI), reduced the hope of availability of spacious flats in Vadodara. Previously the land owners gave their properties to builders and used to get good spacious apartments built on their land while the builders sell the other apartments to different customers. Due [...] Continue Reading »
The 2012-2013 budget for the real estate might pave way for increase in house rentals. The tenants who are paying monthly rental of more than Rs 1 lakh will come under the service net. This budget plan is all well and good according to the real estate players as they believe that a person who [...] Continue Reading »
Private equity is taking a vital role for the growth of real estate sector in India. It is observed that fresh funds are being invested in real estate from different equity players. During the year 2010-11 more than one billion dollar was invested in different residential projects in India. The big sources of equity funds [...] Continue Reading »
With the change in the government, Lucknow is expecting big investment in real estate sector. According to realty analysts, the focus at present of the real estate will now shift from Noida to Lucknow. The industrial movement in Lucknow will boost up by the change in the ruling party in the state. Various housing projects [...] Continue Reading »
The real estate industry of India is still suffering from low demand and financial crisis. The real estate debt is increasing with the days progressing. People are showing less interest in investing on buying apartment due to the high cost. Therefore, the real estate industry is hoping some facilitating decision in the coming budget which [...] Continue Reading »
The prospective property buyers like much before have no more zeal filled in them to hunt on and acquire properties in India. It is a fact that the rising property rates are paving way for the slow down in interest of property buyers. Now, there is one way where the property buyers can cut down [...] Continue Reading »
The state housing department in Mumbai is refusing to handover the flats built on the mill land at its cost price. The flats here have been built upon the mill land each measuring 225 square feet. The department has finalized Rs 8.34 lakh as the flat rates and now this is in the issue. These [...] Continue Reading »
The Commonwealth Games Village (CGV) property issue finally is polished! The flat owners are now relieved and are happy with the court’s decision. The Delhi High Court’s directives in collaboration with Delhi Development Authority (DDA) has finally issued completion certificates. This was the time the flat owners and the developers of Commonwealth Games Village was [...] Continue Reading »
As the assembly election is over, the real estate industry of Punjab is experiencing a rise in the enquiry of properties. A leading real estate developer of Jalandhar informed that the enquiry of flats in Jalandhar, Ludhiana has increased after the elections. Though there is mixed understanding among the developers, the real estate market is [...] Continue Reading »
Sheth Developers Pvt. Ltd. in Mumbai finalized the deal with Morgan Stanley Real Estate Investing, (MSREI) for an investment of Rs 450 Crore. Sheth developers will invest the amount for theirupcoming project in suburban Andheri area. The builder is expecting to generate revenue up to Rs 3500 crore in next couple of years from the [...] Continue Reading »
