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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 »

South Indian realty observes stable demand

South Indian realty observes stable demand
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »

Builder Fined for Poor Quality Construction in Pune

Builder Fined for Poor Quality Construction in Pune
The Khadki Cantonment Board (KCB) has said that  proper construction materials were not used in the construction of their Khadki bazar staff apartments in Pune. During an inspection by the KCB officials it is found that there were major irregularities in the second phase of construction  in the cantonment area. The builder has violated the [...] Continue Reading »

A small story on footpaths in Bangalore

A small story on footpaths in Bangalore
The conditions of footpaths in Bangalore are turning from bad to worse wit the days progressing. The footpaths in Bangalore city are either filled with debris, garbage, illegal encroachment, huts, petty shops or construction materials. This is even much better when compared to several areas where the footpaths are not yet constructed and is left [...] Continue Reading »

Where to dump waste?

Where to dump waste?
The wastes generated from Russell Market fire gutted out from around 200 shops is not getting a proper place to be dumped! Namma BBMP is finding it so tough to dump the vegetable and fruit debris, burnt wood, construction materials which are actually the leftovers of recent fire break out at Russell Market in Bangalore [...] Continue Reading »

High rise buildings traced in Patna

High rise buildings traced in Patna
The civic body Patna Municipal Corporation (PMC) is busy identifying the illegally constructed high-rise buildings in the city. Also, there are traces of nine under-construction high-rise buildings standing on the banks of river Ganga are likely to face demolition! In the context of same the Patna PMC commissioner say that, their team has visited few of [...] Continue Reading »

2 day property exhibition at Pune

2 day property exhibition at Pune
Profest 2012 is right now the highlight of Pune! The Confederation of Real Estate Developers Association of India (Credai) is organizing a 2-day property exhibition at Pune. This property show is all set and ready to cater the higher-income group this time. If you were planning to invest on an affordable housing, you would probably [...] Continue Reading »

Speed up construction work and reduce costs

Speed up construction work and reduce costs
Developers are looking forward to change their construction materials and technology to finish the project much ahead of time and also to reduce capital costs by 15 per cent. Midst high property rates and raising interest rates, it’s a fact that the developers too are struggling with multiple cost pressures. Now that the real estate [...] Continue Reading »

Road conditions in Bangalore turn pathetic

Road conditions in Bangalore turn pathetic
Bangalore traffic is turning road conditions pathetic for commuters in the city. After a year long time, now Bangalore Development Authority (BDA) has taken upon the construction work on the entire Outer Ring Road from Agara to Hebbal. Now that the road constructions are going on, the condition of the road underneath the flyover has turned [...] Continue Reading »

Downfall in Gujarat real estate market

Downfall in Gujarat real estate market
The realty sector in Gujarat is facing a downfall with the steady price raise of construction material and shortage of skilled labour. Experts say that the construction projects across Gujarat are getting either delayed, cancelled or stalled from past a week. Same is the scenario faced by real estate markets in cities like; Vadodara, Surat, [...] Continue Reading »



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