Apartments in India
Very soon the well known realty developer Assotech Realty Pvt. Ltd will be launching a mixed-used projects in Delhi NCR. The real estate developer Assotech Realty announced to launch “Assotech Business Cresterra (ABC)”. ABC, mixed development will include Sandal Suites, high-rise offices, four-star serviced residences. The project will be constructed on land spread across 14 [...] Continue Reading »
The Reserve Bank of India reduced the repo rate by 50 bps to 8%. With this decision the loans are likely to get cheaper. After 13 consequent increases since 2010, the RBI has finally reduced the Repo Rate for the first time. According to RBI governor, the liquidity conditions are moving towards normal after several [...] Continue Reading »
The corporate housing at apartments in India is right now the talk of the hour! If you have purchased an apartment and planning to stay in some other city and looking forward for maintenance and returns, the realty agencies are there to help you out! The real estate agencies such as Baani, Ahuja Residency, Enkay, [...] Continue Reading »
The planning commission recently recommended to increase the floor space index (FSI) with the height of the apartments in India. The builders think to support the rising FSI, government must spend more for the supporting services like water, electricity and sewage. The builders welcome the rule as they will be able to construct more units [...] Continue Reading »
According to financial advisors, people often buy a flat diving by the emotional force. Later the affordability become a constrain for them. It is observed that people of medium range of income often opted for a flat and later they struggle to pay the EMI and the rent together. These days it is common to [...] Continue Reading »
Mumbai based real estate builder Sunteck Realty plans to invest about Rs.5400 crore by 2020. They also planned to construct 18 million sq ft of real estate property. Sunteck Realty currently constructing 27 projects across the country. According to Sunteck, there is lot of demand for luxurious apartments. Sunteck Realty will complete five residential and [...] Continue Reading »
Mantri developers are going to implement digital living in all their under construction and coming up projects. Mantri has appointed Cisco as its strategic ICT partner for successful implementation of the smart homes. Cisco will provide its Master ICT planning expertise and smart+connected communities solution to all residential projects of Mantri Developers that are currently [...] Continue Reading »
The residential price in Surat have increased fastest compared to other major cities in India. National Housing Bank track the housing prices with residential index (Residex). It is also observed that the residex of Chennai (9.2), Pune (8.9) and Delhi (8.4) follows Surat (9.4). As Surat is the city having highest annual household income in [...] Continue Reading »
A new research in global real estate market revealed that India has seen the sharpest increase in the cost of residential property in last 10 years. The report says the increase happened by 284 percent since 2001. India is leading in increasing cost ratio leaving behind Russia and South Africa where the rise in property [...] Continue Reading »
It is found that the cost of properties in Mumbai has been increased by 87% in last 4 years. According to the economic survey report, the price of the properties is increased in a range of 43% to 166% throughout India. The report says that the cost of land in Mumbai is increased as the [...] Continue Reading »
