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The AP chapter of CREDAI formed after the bifurcation of the state

The AP chapter of CREDAI formed after the bifurcation of the state
After the bifurcation of the state of Andhra Pradesh, everything was divided, or there are bodies which are newly formed for the new state. The newly-formed AP chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged its members to adhere to the National Building Code. They have also urged to [...] Continue Reading »

Mulund receives a lot of residential projects

Mulund receives a lot of residential projects
In the next 2-3 years, Mulund area is set to receive a lot of residential projects. The projects include apartments ranging from 1 to 4-BHK units with prices varying between Rs 80 lakhs to over Rs 3 crores. In January 2014, the Supreme Court cleared the long disputed forest land and the developers have started [...] Continue Reading »

Surat real estate sector promises good return

Surat real estate sector promises good return
Surat- The city’s realty sector has witnessed slow and steady progress  in the year 2012. Many residential projects were launched in the city. In the year 2012, the capital value of residential projects noted an average escalation of 10-12 percent across the city. This news was confirmed by National Housing Bank (NHB) when they realised the residex [...] Continue Reading »

Chandapura realty exhibits huge growth potential

Chandapura realty exhibits huge growth potential
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »

Expensive apartment deal in Mumbai

Expensive apartment deal in Mumbai
Recently, a duplex flat sized 3,683 sqft on seventh and eight floors of the 28 storey sea facing Samudra Mahal at Worli was sold for Rs 40 crores and Rs 1.10 lakhs per square foot. The 4BHK flat with two car parks was sold to a senior management executive of Citigroup. Previously, another expensive deal [...] Continue Reading »

Chennai witnesses swift rise in budget housing

Chennai witnesses swift rise in budget housing
Chennai- With increasing demand for budget housing, developers in Chennai have been focusing on developing budget homes. The government has also directed that a certain section of apartments should be allotted for the economic weaker section (EWS). Recently, real estate developer Akshaya launched its project ‘TODAY’, aimed towards the EWS category, at Thaiyur on the [...] Continue Reading »

Shriram to launch senior citizen-friendly apartment

Shriram to launch senior citizen-friendly apartment
Chennai- Shriram Group’s real estate arm, Shriram Properties, is all set to launch a senior friendly residential project near Guduvanchery, off GST Road, in South Chennai. Collaborating with Age Ventures India (AVI), Shriram Properties has exclusively designed “Shankari Sanjeevani” in order to facilitate senior citizens with their changing practical needs. The project comprises of 134 [...] Continue Reading »

Major scope for developers through education sector

Major scope for developers through education sector
Real estate players have been provided with significant opportunities as the education sector lacks physical infrastructure. The quantity of physical infrastructure and real estate development  required is as huge that education institution operators or government cannot achieve it alone. There are around 25,000 colleges and 460 universities in our country with over 144 million customers in education [...] Continue Reading »

Better appreciation expected from township flats

Better appreciation expected from township flats
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »

FSI hiked for new creation

FSI hiked for new creation
Mumbai- The state government has made it mandatory regarding township projects to create approximately one-fourth of the area for economic activity to boost creation of new economic hubs. Exclusive township projects usually are those when a developer is allowed to create a township as well as offers all the necessary amenities and infrastructure in a composite plot [...] Continue Reading »



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