Builders
Real estate has been the most visible source for black money as it has never been regulated in India. This is also a hot topic in the India Parliament which opened on November 29, 2012. Other than real estate, black money also involves owners and investors. Black money is present in every step of a real estate project, [...] Continue Reading »
The civic body has send notice to the developers of the illegal constructions before the demolish drive but no one came forward. The Pune Municipal Corporation (PMC) had demolished the illegal buildings in the city and now they are in search of the developers of those construction to recover the amount incurred for demolition. Only [...] Continue Reading »
In order to attract potential buyers, several builders and developers of prime cities have come up with a new marketing strategy by offering warranties on the flats based on various appliances in the flat. Electrical appliances get 1-3 years warranty, paint gets 5-7 years, waterproofing of flats get up to 10 years warranty period. A [...] Continue Reading »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »
Gurgaon- Builders in Gurgaon have been provided with lakhs of litres of treated water from STPs by the Haryana Urban Development Authority (HUDA). HUDA has apparently made a record by supplying the water to the builders. The supply of treated water from Berhampur and Dhanwapur STP is done by HUDA after the Punjab and Haryana high court [...] Continue Reading »
Noida-Rather than preparing for their house warming ceremony, a large number of home buyers in Noida extension, who had booked their flats prior to the controversy related to the sale of land in the area are now struggling to sort it out with the developers as they are at a risk of losing their property. Buyers have [...] Continue Reading »
Majority of the builders have starting selling apartments on the basis of carpet area instead of the super built-up area after years of delay and now it has become the norm. Even the buyers are ready to pay as they have to pay for the actual area of their property. The best thing about it [...] Continue Reading »
Property investments remains dull despite attractive offers and aggressive marketing. The reason for the slowdown in real estate is because of the high property prices and unusual rise in the cost of materials used for construction, says the ASSOCHAM survey. On the eve of festival, there was a growth of only 20 percent compared to [...] Continue Reading »
The property sale has not picked up but the builders are increasing the prices to attract property buyers. According to the real estate brokerage firm, Groffr.com’s report, in the last three months (August-October) the property rates have gone up almost by 6 percent. It is said that the developers are mainly hiking rates in projects which [...] Continue Reading »
