Commercial Property
Major headache! Yes, the developers and builders are worried as the sale of apartments and commercial spaces in the city swooped down from long time. Rising mortgage rates and real estate prices has raised loss of interest in prospective home buyers in Thane city. From past eleven months, property sale transactions has crumbled from 24,601 [...] Continue Reading »
Delhi residential and commercial property owners get ready to bear the burnt of sealing drive. Beware! Municipal Corporation of Delhi (MCD) recently carried the sealing action in South Extension part of Delhi in 23 flats and six properties. Next might be your turn. MCD claims to have sent prior notice to the illegal property owners, but [...] Continue Reading »
Residents and activists in Mumbai are working at a stretch to ensure that the route from Andheri to Bandra of Metro-II to be constructed underground as an elevated project would damage a lot of commercial and residential establishments. Various citizen groups have been campaigning for nearly two years for this cause. Activist Shyama Kulkarni of Action [...] Continue Reading »
Sadashivnagar has about 130 commercial buildings.The residents’ welfare association had filed a petition stating that residential properties were being used to house commercial establishments. The High Court on Tuesday has directed the Bruhat Bangalore Mahanagara Palike (BBMP) to take action within eight weeks against unauthorized establishments in Sadashivnagar and the RMV Extension, where residential properties [...] Continue Reading »
In the current environment, renting an apartment works out to be much cheaper than outright purchase.It’s the newer properties where one notices sluggish sales because of their high rates. A trend of buyers look at old properties with a substantial number translating into sales. Not surprising then that corporates who own flats in such good [...] Continue Reading »
In the April-June quarter of 2011, commercial office space market in the country seen strong demand and witnesses over 33 per cent increase in office space. Delhi NCR, Mumbai, Bangalore and Chennai were the leading cities accounting for almost 80% of the entire space that was absorbed in the country. According to a latest survey, [...] Continue Reading »
