Buyers
Realty builders of Bangalore are unauthorised to sell parking spaces, but still they collect money and provide ownership of the space to their tenants. Taking advantage of the ignorance of their tenants almost all the builders in the city have made it a practice to sell parking spaces in apartment complexes, gated communities and so [...] Continue Reading »
The experience of buying a house for the first time is almost the same with every individual. Price and connectivity over location are the top two buying considerations, for first time home-buyers. Most of the buyers set out to buy a home with the average budget of up to Rs. 40 lakh. But since the [...] 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 »
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 »
Serene Pragathi is right now the realty attraction in Hyderabad. Serene Pragathi is a latest project targeted at senior citizens! The Pragathi Group in collaboration with Coimbatore-based Covai Property Centre will be launching this retirement community at Hyderabad. Spread across area of approximately 35 acre on the outskirts of the city, the project will have [...] Continue Reading »
The 3C Company, a renowned realty firm up north has an eye of garnering more revenue this year. The developer is constructing around ten projects, most of them residential in Noida. They are expecting a revenue of Rs 18,000 crore from the sales which will be highest against the last seven years. Keeping green buildings [...] Continue Reading »
Earlier this week many areas in South Delhi witnessed a demolition drive by the Municipal Corporation of Delhi (MCD). The civic body razed down some of the illegal properties in areas like Khirki Extension, Malviya Nagar, Chhatarpur Village and Hauz Khas Apartments. About thirteen properties were being razed down partially with four properties in the [...] Continue Reading »
Nowadays, investors and buyers are getting more cautious over late delivery of projects. Due to which, developers are offering attractive offers to attract more and more investors. As per report, more interests are being given than the bank on fixed deposits done by the investors. A return of about 12% per annum can be expected [...] Continue Reading »
Over changing times, home buyers’ demand and expectation also increase with time. Previously, buyers were satisfied with whatever is needed for a simple living. But now, developers in Mumbai are going extra miles to impress these buyers and provide luxurious amenities and facilities to lure more buyers. According to Knight Frank, real estate market is [...] Continue Reading »
Home buyers are taken for a surprise when they are asked to pay under interest subvention scheme. Under this scheme, some of the buyers who have made a payment of initial amount have this right of not paying the EMI (equated monthly installment) for the time period when the property is under construction till its [...] Continue Reading »
