Builders and developers
Annapurna Builders and Developers have come up with a premium residential project, White House Celestia, which is expected to be ready in about 15 months, at Banajara Hills in Hyderabad. The project has 30 units in combinations of three BHK and four BHK, and prices vary between Rs 2 crore and Rs 3 crore. According [...] Continue Reading »
Bangalore- Good news to builders and developers whose projects have been kept on hold due to liquidity crisis. The finance ministry has planned to initiate a measure which is expected to improve the realty sector. Banks will be allowed to permit funds to stalled projects, which would revive the growth in economy. As per RBI‘s [...] Continue Reading »
Bangalore- In the recent trend of increasing number of townships in the city, global experts in traffic management are in demand. As a result of increasing number of people preferring to invest in township projects, many township developments have been coming up. Since, traffic management is one of the prime aspects of a township, global [...] Continue Reading »
The amount of unsold apartments are on the rise in the metropolitan cities. The main reason for this is believed to be the refusal of builders or developers to reduce prices. A meeting called up in the light of reports of increasing number of unsold flats in cities such as Mumbai, it is found that [...] Continue Reading »
Many real estate projects in Mumbai‘s western suburbs have been halted in recent times due to the sluggish demand and new Development Control Rules (DCR). Brihanmumbai Municipal Corporation (BMC) recently came up with a list of delayed projects in Mumbai and the western suburbs accounted for 202 of the 326 stalled projects in the city. [...] Continue Reading »
The sales tax department of Mumbai raided offices of 15 builders including Marathon, Ajmera, Keystone, Bhoomi realty, Naman and Acme, for evading payment of value added tax (VAT) and recovered Rs 20 crores. The Bombay high court had upheld the 1% VAT imposed on the sale of properties by the state in April. The builders had [...] Continue Reading »
Ghaziabad real estate has plummeted by more than 10 per cent, as an outcome of the economic slowdown. Builders and developers are unable to reduce the ever increasing input costs which further lead to a hike in equated monthly installments (EMIs). Along with rising input costs and EMIs, other factors such as rising interest rates, higher land [...] Continue Reading »
The builders and developers of Gurgaon have chosen Golf Course Extension Road as the home to their upcoming luxurious residential projects. This new developing locality is well connected to Indira Gandhi International Airport, NH-8 and South Delhi. Road No. 9 has been developed from Sikandarpur to Golf Course Road which further gives connectivity to Sohna [...] Continue Reading »
When the large scale builders and developers are successfully entering in tier II and tier III cities, the local builders are struggling to maintain proper business strategies with more transparency in projects. As the second level cities have become more cosmopolitan in nature, the local builders are trying to increase their market position in those [...] Continue Reading »
The Bandra-Khar popularly known as Mumbai’s costliest real estate belt is experiencing unrealistic property prices. As well known, the property prices across India is showing clear signs of real estate market meltdown. Down the lane, within a span of six years the prices of property in Mumbai is spiraling from Rs 15,000 per sq ft [...] Continue Reading »
