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The Brihanmumbai Municipal Corporation (BMC) notified that any residential and commercial projects near Arthur Road Jail must obtain clearance permission from the central jail. Accepting the necessity of safety and security, the builders expressed their concern in additional delay in projects. The real estate industry thinks that the government is making the processes more complicated [...] Continue Reading »
Chandrapura in Bangalore South is going to be a good residential place soon! The close proximity to Electronic City make the place a preferable one for the techies who work at Electronics City. The apartments in this location is accompanied with all necessary amenities. Along with that the wide roads and excellent bus connectivity has [...] Continue Reading »
A group of dawdlers shots fire in the air at an under construction apartment in Howrah, West Bengal. According to police sources, the group came for collecting the developer’s information and they fired in the air to scare the labourers. However, there was no injury reported on the spot. The builder also complained that he [...] Continue Reading »
Patna is about to launch a redefine apartments from Hafeez Contractor. Providing a classic lifestyle is the main aim for the builder. The complexes will be accompanied with lot of open green space, lawns, departmental stores, swimming pool, commercial complex and health clubs. Also, this will be the first ever national standard real estate project [...] Continue Reading »
Visakhapatnam is a fast growing city in Andhra Pradesh. Similarly, the demand for apartment in Vizag is increasing with the real estate trends changing. The same was proved at a three day real estate expo observed a huge interest among the residents of the city. As the industrial growth is very high in the region [...] Continue Reading »
The Central Government made it clear for the real estate industry that the approval of disaster management authority and a clearance from environment department is a must for high rise apartments in India. Government implemented such an initiative to overcome the threat of clogging traffic and fire safety. Government also set the target to access [...] Continue Reading »
The Real Estate industry of India is eying at Pranab Mukherjee, the Finance Minister, for a change in the interest structure and in investment policy for the property management. This sector is compressed under huge debt ratio and they need a lot of investment in terms of property selling. And the amount of investment required [...] Continue Reading »
Due to market scenario the Real Estate industry is expecting the forth coming Union Budget to grant some relaxation in the foreign direct investment (FDI) and external commercial borrowings (ECBs) for the Real Estate sector. In recent past, the real estate sector has seen a rapid growth, the fund crunch is still a concern for [...] Continue Reading »
AXA Real Estate is one of the leading Real Estate in the global market having an asset of EUR 42bn. AXA Real Estate recently closed a total deal amounting 6.2bn EUR in 2011 wherein a recent study has proved the same. According to a senior official of AXA during the year 2011 employees worked harder [...] Continue Reading »
Footpaths are meant to be used by the pedestrians and the roads are meant to be parked on the vaild space left on the two sides of the roads. However, the situation is vice versa in the Central Market at Noida. The footpaths have been encroached upon by motor mechanic shops, road side vendors. Because [...] Continue Reading »
