Apartments in India
The demand for studio apartments is increasing. Studio apartments are generally the most cost effective residential options for working professionals who want to own rather than renting. Studio apartments basically comprise of single large room that include the bedroom, living and dining areas, with small kitchen and bathroom. Studio apartments are preferred largely by bachelors, working [...] Continue Reading »
Studio apartments basically comprise of single large room that include the bedroom, living and dining areas, with small kitchen and bathroom. Studio apartments are preferred largely by bachelors and small families. Today, the demand for studio apartments is increasing. Software professionals and executives who have generally spent years stationed in a metro and find that [...] Continue Reading »
A day after the budget, the industry estimated the sale of affordable homes could increase up to 20 percent this year because of the additional exemption granted to the first time buyers. This benefit is for property which doesn’t exceed Rs 40 lakh. In the Budget it is said that, in 2013- 2014, the first time buyers, [...] Continue Reading »
Luxury homes are going to cost more after the finance minister reduced the abatement on service tax availed by real estate developers for homes and flats above 2,000 sq ft or costing Rs 1 crore and above to 70% from 75%. The impact will be expanded in Mumbai for all the home buyers of under-construction [...] Continue Reading »
The builders of India seem to have learnt that luxury amenities attract rich buyers of the new era the most. To keep pace with the changing lifestyles, builders have started implementing high class amenities like Jacuzzi, squash court and cinema halls, in their luxury projects. Keeping in mind the requirements of young generation and new [...] Continue Reading »
This is a time when most of the apartments in India are coming up for accommodating small families. And now a days people also prefer to buy a small apartment and flat rather than big houses. Now to make proper use of the available space of any apartment, residents need to think out of the [...] Continue Reading »
People often sell their house for several issues. They might be inadequacy of space, increase in cost of the plot and securing a handsome price in case of sale of the old house, or they are tied up with builders to build multi storey apartments on their plots and giving them possession of one floor [...] Continue Reading »
Fire accidents are being reported with unfailing regularity as the buildings and apartments in India are not following proper fire safely rules. Some major accidents happened in the past such as Uphaar fire tragedy in Delhi or Kumbakonam school fire in Tamil Nadu or AMRI hospital fire in West Bengal or the Carlton Towers fire [...] Continue Reading »
DLF builder has planned to focus on building luxury homes and continue selling non-core assets to reduce debt. DLF, which saw a 37 percent erosion in its share price in 2011, is struggling to meet a target of selling non-core assets worth 60-70 billion rupees by 2012-13 to pare its debt. Since 2007-08, DLF’s interest [...] Continue Reading »
Real estate in India has become a trend of non-performing asset classes. Real estate has outperformed equities, currency and bonds by a wide margin. It is noticed that the factors that go into driving real estate prices are definitely negative and will continue to remain negative going forward. The factors include lending rates and terms, [...] Continue Reading »
