Builders and developers
The rocketing prices of properties in Chennai has made property buying a distant dream for the lower and middle class population in Chennai. Follow up to this not many of them are interested to invest on property with hiking rates. Therefore, to balance the real estate market in Chennai city, the state government has announced additional floor [...] Continue Reading »
The national conference of Confederation of Real Estate Developers’ Associations of India (CREDAI) will start at Pune on Wednesday. More than 120 builders and developers from the country will assemble at the two days conference. According to the organizers the conference will start with a keynote address by JR Tanti, MD of Synefra Engineering and [...] Continue Reading »
The Bannerghatta Road stretch in Bangalore was once upon a time a small village. Today the whole stretch including Bilekahalli , JP Nagar and Arakere have transformed into prominent IT hub. The establishment of IIM-B in 1983 gave a new look to this locality. Many IT companies such as Accenture, HSBC and Honeywell all took [...] Continue Reading »
The realty scenario for the year 2011 was a roller coaster ride. Too many residential projects were paused, with plenty of apartments are still left unsold! The housing finance companies were in a complete dilemma with the interest rates hiked many times during this year. The delay in project execution was a major drop down! [...] Continue Reading »
Now, developers have to do some social service to get an extra bit of floor space index (FSI)! According to the new development plan (DP), it has been proposed that extra FSI will be granted to those who are willing to build a public toilet on a part of their land. The new plan is [...] Continue Reading »
