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Warranty for flats: New trend in real estate market!

Warranty for flats: New trend in real estate market!
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 »

Growing demand for luxury housing

Growing demand for luxury housing
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 »

Funds crunch to delay home deliveries

Funds crunch to delay home deliveries
According to research firm Liases Foras, the construction of nearly half of the 3,23,000 homes scheduled to be delivered in 2013 are lagging behind. At least a third of these will not be ready even before 2014. A survey by the company has revealed that three of every four homes to be delivered in 2014 [...] Continue Reading »

Buyers tussle and builders dissapear

Buyers tussle and builders dissapear
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 »

Walk-in and live villas by Landmark Group

Walk-in and live villas by Landmark Group
Here is another new tactic to attract the buyers; One of the most  noted Chennai-based Landmark Construction  group has recently initiated a fully-furnished, apartment project in the ultra-premium segment with a new concept called “walk in and live” projects. This new concept allows the buyers to get a fully furnished flat along with electrical appliances [...] Continue Reading »

First property show for Muslims in Ahmedabad

First property show for Muslims in Ahmedabad
Here’s new hope for home buyers who were left out in cold in the form of a web portal. Property buying along with other housing options in Ahmedabad is done in religious basis. To compete with this bias, a web portal in the city is organizing ‘India’s first Muslim Property Show’ from October 19-21. This [...] Continue Reading »

Ahmedabad realtors look for new ways to entice buyers

Ahmedabad realtors look for new ways to entice buyers
Owing to declining sales and liquidity crunch scenario, real estate developers of Ahmedabad are looking for innovative offers to attract buyers. Developers and promoters are offering schemes like free parking, interest free EMIs, free club membership, and varied discounts to buyers though they may not offer direct cash discounts. Local developers in Ahmedabad have not [...] Continue Reading »

Real estate prices plunge in Lower Parel

Real estate prices plunge in Lower Parel
Office sales and rentals have plunged by almost a third in the last two years in Mumbai’s alternative financial district of Lower Parel. The reason is a building boom that took place after various mill land sales 4-5 years ago. In the recent years, Lower Parel witnessed launches of nine major projects, creating office space [...] Continue Reading »

Ahmedabad having high proximity affordable housing projects to city center: JLL

Ahmedabad having high proximity affordable housing projects to city center: JLL
In a recent report, Jones Lang LaSalle India (JLL) suggested that as compared to some major cities like Mumbai, NCR, Bangalore, Pune and Chennai, cities like Ahmedabad and Kolkata have an advantage due to high proximity of affordable housing projects to city center. At 15-20 km Ahmedabad and Kolkata offer the closest proximity to central [...] Continue Reading »

VBHC to launch 2,500 budget homes

VBHC to launch 2,500 budget homes
Value & Budget Housing Corporation (VBHC), co-founded by former MphasiS chairman Jaithirth (Jerry) Rao and former Citibank Consumer Banking Head P S Jayakumar, has announced an expansion plan of Rs 300 crore. The company will launch nine projects of budget homes across Bangalore, Mumbai, Chennai, NCR and Baroda, offering a total of 2,500 units. VBHC [...] Continue Reading »



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