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Connectivity

Connectivity improvement needed in J&K

Connectivity improvement needed in J&K
In a bid to improve connectivity in Jammu and Kashmir (J&K), the minister for rural development Nitin Gadkari on Wednesday approved 28 rural road projects worth Rs.438 crore, a government statement said. The roads are to be constructed in the Leh and Kargil districts in the Ladakh region of Jammu and Kashmir under the Pradhan [...] Continue Reading »

Versova facing a change as a residential development hub

Versova facing a change as a residential development hub
Versova is a major residential hub that situated in the western suburbs of Mumbai. Located in Andheri, it is an upmarket residential destination that has experienced much development in terms of infrastructure and connectivity. During the past, there were bungalows in this area, some of which have been now replaced by apartments. Maharashtra Housing and [...] Continue Reading »

National Highway soon to link Mewat, economic boost likely

National Highway soon to link Mewat, economic boost likely
Haryana’s Union cabinet recently took the decision to connect Nuh, the district headquarters of Mewat, to link it with the national highway. The backward regions of southern Haryana, including Mahendragarh, may get the economic boost with the improved connectivity. Presently, the nearest highway to Nuh is NH-919, which is about 21km away from the town. [...] Continue Reading »

Residential areas to have more stations under Metro Phase III

Residential areas to have more stations under Metro Phase III
With an aim to provide better connectivity, Delhi Metro Rail Corporation (DMRC) under its Phase III expansion plan plans to set up more than one station in large residential and commercial areas of the national Capital. According to officials, the expansion has been planned in a manner that the large residential as well as commercial [...] Continue Reading »

Real estate in Varthur gains momentum

Real estate in Varthur gains momentum
Bangalore- Varthur located in East Bangalore, is becoming a hot residential real estate destination for buyers owing to its proximity to major IT hubs of the city. Proximity to ITPL, Whitefield, Outer Ring Road (ORR), Sarjapur Road and being in the vicinity of several IT companies have opened the area to residential development. The area [...] Continue Reading »

Properties in Richmond Town observe 25% value appreciation

Properties in Richmond Town observe 25% value appreciation
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »

High Court sends notices to BDA, BBMP

High Court sends notices to BDA, BBMP
Bangalore- The Bruhat Bangalore Mahanagara Palike (BBMP) and the Bangalore Development Authority (BDA) have been sent notices from the Karnataka High Court, with regard to a petition filed by residents of MLA Layout on BEL Road, seeking road connectivity. Officials of BBMP and BDA, who had submitted a false affidavit were warned by the division [...] Continue Reading »

Tumkur Road merges into Bangalore realty

Tumkur Road merges into Bangalore realty
Bangalore- Tumkur Road, once considered as a village in the outskirts of Bangalore, has now transformed into a part of the city owing to its rapid growth in real estate sector. Expanding residential realty market of Bangalore has gradually brought in many of the suburban areas under the city limits. Being located at a distance [...] Continue Reading »

Hebbal, K R Puram to witness over 90% appreciation by 2017

Hebbal, K R Puram to witness over 90% appreciation by 2017
Bangalore- Bangalore’s emerging real estate areas, Hebbal and K R Puram, have been listed in the top ten Indian realty destinations  in a Knight Frank’s report. In the next five years, the two areas would witness an average price appreciation of 94% and 91% respectively, states an investment advisory and research report put out by [...] Continue Reading »

Rental value for office space in Chennai remains constant

Rental value for office space in Chennai remains constant
Chennai’s office market is stable and there is no increase to the last year’s activity levels. This commercial market is especially driven by the demand from ITES or IT comapanies. According to property consultant, vacancy level is decreasing and there is an inch rise in the rental values in selected areas. According to the range from 8-11 [...] Continue Reading »



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