Delhi Real Estate
Real estate firm DLF has announced that it plans to launch new residential projects at Ludhiana, Jalandhar, Panipat and Kasauli. These projects are dubbed as part of company’s strategy to strengthen its presence outside Gurgaon. The company has not finalized the business plans entailing the investment detail in these projects. As per the company management, [...] Continue Reading »
The Indian realty and construction sector is facing a grave problem in the form of severe shortage of workforce. While increasing urbanization is generating unprecedented demand for real estate, there is a shortage of skilled as well as unskilled laborers to meet the demand. This massive requirement for realty space results in huge demand for [...] Continue Reading »
Jones Lang LaSalle has released its half yearly review of Indian office real estate. The findings of the first half of 2012(1H12) data reveals quiet activity during the period compared to 1H11. In 1H12, the top seven cities of India together recorded a 35 per cent dip in office absorption compared to 1H11. The shrinkage [...] Continue Reading »
Real estate consultant Jones Lang LaSalle India (JLL) stated in their recent report that the industrial development happening in and around Ahmedabad, Vadodara and Surat, have propelled these three major cities of Gujarat emerge as next best option for office space in real estate market. Firms based out of metros are eyeing Gujarat as the [...] Continue Reading »
The heat of mall culture across national capital region (NCR) seems to be gradually cooling off. As per Cushman & Wakefield’s (Q&W) recent report on the national retail real estate market, the region has been witnessing the highest ever deferment of new floor space additions and vacancy levels within its malls. The region has observed [...] Continue Reading »
There seems to be no end to DLF’s legal feuds as cases are piling up against the developer for a wide range of reasons including unfair business practices for the last couple of years. In the latest event, more than a dozen investors dragged DLF to court, accusing it of downgrading their investments in an [...] Continue Reading »
Infrastructure has a greater impact on real estate industry in India. After that announcement of cancellation of Jewar Airport Project, the real estate market in Greater Noida and around Yamuna expressway has witnessed a downward trend. The construction of the airport is cancelled on the base of a clause in the agreement between Centre and [...] Continue Reading »
Gurgaon is suffering from insufficient sewerage lines. The underground sewage system is not enough to support the growing real estate in and around Gurgaon. As lot of different colonies are coming up in all places and many of them do not have proper sewage system. Though HUDA had invested lakhs of rupees in Behrampur treatment [...] Continue Reading »
Manesar, an integrated industrial park, is a model township where residential township as well as commercial offices and industrial developments are growing. HSIIDC distributed the plots at sector 8 to different companies for setting up reflective structures for office building and other constructions.The major industry who have shown their interest in the growth of Manesar [...] Continue Reading »
With the apex court upholding the judgment of Allahabad High Court and with more land owners joining issue, more instances of land being acquired under the emergency clause of the Land Acquisition Act are coming to light. Builders and consumers, who have been at the receiving end, are already at loggerheads. For about seven years [...] Continue Reading »
