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As the government ruled out guideline for the builders to allocate 10 percent of space for lower income group. The builders in Bangalore are worried about their luxurious projects. According to the builders, who pays a high amount for a luxurious apartment may not be interested to stay in the neighbourhood of a EWS colony. [...] Continue Reading »
As an effect of cash crunch and less interest in buyers, the city based real estate developers in Ahmedabad are not interest in buying lands. According, to a spoke person of a real estate developer in Ahmedabad, the price of properties are going high. That is impacting on the execution of current real estate projects. [...] Continue Reading »
The red letter notices is being issued in Nizamabad on account of clearing the pending property tax payments. To follow same the Nizamabad Municipal Corporation (NMC) has commenced with the property tax collection drive. The property tax defaulters are being issued red letter notices and also two special teams have been appointed to seize the [...] Continue Reading »
The property demand is increasing wherein the developers are rushing forward to purchase in the international level. In a city like Mumbai the American based properties have expanded interests well in the Mumbai circle rates. The Altamount Road residential building, Washington House has till now received three bids pricing Rs 350 crore. For which the [...] Continue Reading »
The Bhopal Government has initiated the Town and Country Planning for the future growth of Real estate in the city. The main focus area of the master plan is to make the city construction in a congestion free manner. So that there will be perfection in drainage system, every apartment will have wide access road, [...] Continue Reading »
Mumbai Real Estate developers are launching new residential projects in and around the city. As the assembly election is over and there is a clear picture of the government formation, the builders will get approval for the projects which were kept on hold for long time due to the election procedures. The slow response from [...] Continue Reading »
Traffic rules must get more and more tougher! In Hubli, Speed driving, drunken driving, jumping the signals all these are leading to nothing but frequent accidents. Therefore, the Union cabinet recently approved new set of traffic rules which carry along more stiff and stringent rules! Follow up with the new set of traffic rules, drunken [...] Continue Reading »
The real estate companies in India are not trying to pay off the debts. Rather they are more interested in buying lands from the earnings. It is reported that the rate of sales of apartments has been increased and the debts for the big builders also increased. The builders like DLF, Godrej Properties raised more [...] Continue Reading »
Amrapali is going to launch two new projects in Noida. It is reported that Rs 225 Crore investment will be made by ICICI Prudential AMC and IL&FS Investment Managers (IIM) for this upcoming project in Noida. Rs. 150 Crores investment will be done by ICICI Prudential AMC’s domestic fund for the Silicon City Project in [...] Continue Reading »
MARG ProperTies recently won the “Innovative Real Estate Marketing Campaign of the Year Award” in the prestigious ‘Realty Plus Excellence Award 2012’. MARG won this award because of the innovative and unique mascot Mr. Joy. The mascot creates a brand image for MARG. This also gave a unique identity to the name of the company. [...] Continue Reading »
