Builders
From December 1, 2011 RWA of World Spa had refrained themselves from paying maintenance charges for the project in Gurgaon. Unitech Ltd and Unitech Property Management Ltd had filed a case against RWA of the project in Sector 30 and 41 and sought injunction against residents who refrained from paying maintenance charges to the association. [...] Continue Reading »
The developers and builders of luxury apartment projects and houses are finding it tough to push their sales! It’s right now the mid-segment properties which are ruling over proving pretty good sales! The prices of properties of midsegment houses have raised with the increase in demand and the same has been declined for luxury apartments! [...] Continue Reading »
How annoyed would be the property buyers when they were promised to get their houses within two years from the time of booking. Similar is the case in the national capital region Delhi NCR. One of the residential projects commenced during year 2005-06 has not yet been completed which was supposed to be handed over [...] Continue Reading »
The developable land in the main cities of India has almost been used! There is a shortage of land therefore the ministry of surface transport has plans of transforming major highways into residential hubs. The Road Transport and Highways department has proposed development of integrated townships in the Delhi-Jaipur expressway. This plan has been initiated [...] Continue Reading »
Not only the builders and construction companies are bearing the burnt of realty sales down, however the cement companies are also facing the same scenario. According to the recent data even with the drop down in realty sales, the cement net profit of companies like; AV Birla, south Indian giant India Cements and JK Lakshmi [...] Continue Reading »
Whatever might be the realty scenario in Bangalore city, the new residential and commercial launches are still growing in a good pace! The builders and developers are to be appreciated who are showing positive growth midst cash crunch and other drop downs in realty sector. To prove the same recently NBR Land Developers, a reputed [...] Continue Reading »
Real estate experts talk about dos and don’ts of property exhibitions to push up the realty sales. The experts advice to all the people who host the realty exhibition is to first understand the property buyers thought towards buying property. Neither the realty market nor the property buyer’s intention towards particular kind of property is [...] Continue Reading »
Corruption is talk of the hour for higher property prices in India. Yes, of course! its completely unbelievable as to why there is a mad hike in property prices? The only answer for all these questions is corruption! Few of the realty experts do have a point in saying that the politicians invest black money [...] Continue Reading »
For the convenience of property buyers, very soon an online portal will be launched bringing in builder-rating system. This initiative has been headed by Gharbari.com to bring in more transparency in real estate sector. On of the officials of this website say that they are in a pace of introducing rating system for the builders. [...] Continue Reading »
The debt list of the builders is pretty huge! With a drastic slowdown in the realty sector sales for past over a year, building construction, sale had been paused by 70 percent! Now, its high time that the unsold flats and apartments need to be pushed! The only aim of real estate companies across India [...] Continue Reading »
