Commercial properties
Ahmedabad has grown tremendously over the past decade due to progressive policies and development oriented governance. On the realty front, it has witnessed unparalleled returns and has become one of the most exciting investment destinations in India today. Retail boom in the city is unprecedented. Office space investments and money value of commercial properties have [...] Continue Reading »
With a clear cut approach focusing on the development of social and physical infrastructure, the Jammu & Kashmir Chief Minister, Omar Abdullah, has hinted at revolutionary changes which mean residents of the state may have to pay tax on commercial and residential properties for the first time. Abdullah reportedly told the Planning Commission while briefing [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike (BBMP) may face charges of contempt of the court as the High Court in a hearing put BBMP under scanner for entering into a third party deal with Maverick Holdings for construction of flats for Economically Weaker Section (EWS) at Ejipura. The Bench heard many folded petitions filed by some [...] Continue Reading »
IT and ITES sector is growing in the eastern part of Pune. This growth is helping to raise the demand for residential apartments in Pune along with the commercial properties for retail and hospitality are growing. The main area which is witnessing a sharp rise is Nagar Road. There are other areas, such as Kharadi, [...] Continue Reading »
Real estate developers in India are building more high-end shopping malls that will cater to retailers and buyers of luxury brands. DLF Ltd has planned to build two more luxury DLF Mall in the National Capital Region. The two malls, which are expected to be operational by 2013-14, will come up in Chanakyapuri, in the [...] Continue Reading »
The cost of properties in Pune are going to increase as the Pimpri Chinchwad New Town Development Authority (PCNTDA) has decided to increase the transfer fees and plot selling rates by 10 to 30%. For residential areas, the selling rates would range from Rs 3,660 to Rs6,120 per square meter and for developed sectors from [...] Continue Reading »
GHMC has planned to revise the property tax rates for the property in Hyderabad. The owners of the real estate property in Hyderabad are expecting the general revision of property tax , which will be implemented in the next financial Year. According to sources, the GHMC has set a target to collect Rs 1000 crore [...] Continue Reading »
Sunshine, a Real Estate company in Noida has launched Sunshine Business Park, a high-end luxury commercial project in Sector 94, Noida. This project will be constructed with the green building concept. More than 500,000 sq ft of commercial space spread over 21 floors will be constructed in the project. Apart from modular office, and showroom [...] Continue Reading »
When the large scale builders and developers are successfully entering in tier II and tier III cities, the local builders are struggling to maintain proper business strategies with more transparency in projects. As the second level cities have become more cosmopolitan in nature, the local builders are trying to increase their market position in those [...] Continue Reading »
The real estate giant Unitech Limited planned to raise Rs 1100 crore funds by renting and leasing office space in Gurgaon region. The company will utilize the amount raised in the construction of projects in Kolkata and NCR. The fund will help to increase the construction pace of the SEZ projects and the construction of [...] Continue Reading »
