Apartments
True Value Homes (TVH), a Chennai-based property developer, has recently launched a high-end luxury apartment project named Quadrant. The project is located in Adyar, one of the most sought-after residential localities in south Chennai. Spread over about 2.2 acres, the project will offer 100 residential units in a 18-storied building with high-end provisions with a [...] Continue Reading »
The residents of Uttam Apartment in Malleswaram showed civic sense and alertness when they called up the fire department to request for a fire drill. The department welcomed the residents’ alertness. The idea was hatched after a fire broke out in the neighbourhood and the residents realized how ill prepared they would have been had [...] Continue Reading »
Realty giant DLF is all set to sell at least two out of the three non-core businesses as it plans to cut its Rs 23,000 crore debt to about Rs 17,000 crore in the current fiscal. DLF Group Executive Director Rajeev Talwar revealed that the group is all set to sell its luxury hospitality chain [...] Continue Reading »
In India, where the bureaucracy is often criticized to be working under political pressure or in nexus with the lobbies, a bureaucrat’s action would be appreciated to work out a solid construction approval system in Mumbai. The influence of the powerful builders’ lobby in Mumbai has been curtailed due to the firm steps taken by [...] Continue Reading »
In the light of repeated complaints regarding poor drinking facilities and water supply in the rehabilitation settlements built in Chennai, the Chennai Corporation has asked the slum clearance board to provide basic amenities in the housing board quarters for the poor population. Earlier the corporation instructed all the 200 ward councillors in the city to [...] Continue Reading »
People from rural areas are migrating to cities as a result of urbanization and industrialization. The demand for housing is increasing rapidly along with the increase in rate of migration. Apartments and flats are stretched in every direction. But yet they are not sufficient as the population is increasing at a fast pace. An abundant [...] Continue Reading »
Mumbai Metropolitan region (MMR), which normally has an annual flat sales average of 80,000 units, declines with only 45,000 apartments sold in the year 2011-12. According to the Knight Frank research report released on Thursday the market has an unsold inventory of 80,000 flats valued at Rs 1.05 lakh crore. Sales in the financial year 2012 [...] Continue Reading »
“Water’s Edge”, the signature residential project of Equinox Realty, the real estate arm of Essar Group, will be developed in the northern periphery of Bangalore. The project will be developed across 8 acres, and will comprise five 40-storeyed towers, which will be among the tallest buildings in the city. The project is located on the [...] Continue Reading »
The Pune real estate sector is witnessing a fast track growth as it has undergone a constant transformation over the last few decades – from a simple, rural community to a military base, and on to one of the most sought-after cities for property. With the city becoming more industrialized, the market for residential, business [...] Continue Reading »
After three years of decline, Dubai is witnessing a recovery in the real estate market. Prices of apartments and villas have increased up to nine per cent and 16 per cent respectively here during the first half of this year. According to a report by the property management firm Asteco, apartment rents have risen by up [...] Continue Reading »
