Developers
For a better rental housing scheme in Mumbai, MMRDA chief wants the floor space index (FSI) to be little flexible. The developers can then work on a good rental housing scheme. Developers supporting rental scheme recommends for a better amendment in the approved FSI. According to the scheme, the state government had plans of building [...] Continue Reading »
Recently, well known finance lending sector Standard Chartered Bank sanctioned a construction loan amount of Rs 250 crore has been sanctioned to DivyaSree Developers. This loan sanction was in concern of the developers launching a mixed used project in Garden city Bangalore. Its named as “DivyaSree Technopolis” one of its kind a mixed-use residential project [...] Continue Reading »
Villas within over night became a trend in India. Villas were usually meant to cost a huge sum and for maximum of the population affording for villas was a long time dream. However, scenarios are not same villas which are coming up in the outskirts of the city are being designed that would suit people’s [...] Continue Reading »
The developers and builders of luxury apartment projects and houses are finding it tough to push their sales! It’s right now the mid-segment properties which are ruling over proving pretty good sales! The prices of properties of midsegment houses have raised with the increase in demand and the same has been declined for luxury apartments! [...] Continue Reading »
A Bangalore-based real estate developer, Embassy Group is in a pace of acquiring 80 million square feet of integrated township development. The company which has around 300 acres with them from over the year near Bangalore International Airport (BIA) will soon be accumulate land township development worth Rs 3,000 crore. Also, now the talks are [...] Continue Reading »
The developable land in the main cities of India has almost been used! There is a shortage of land therefore the ministry of surface transport has plans of transforming major highways into residential hubs. The Road Transport and Highways department has proposed development of integrated townships in the Delhi-Jaipur expressway. This plan has been initiated [...] Continue Reading »
The Confederation of Real Estate Developers’ Association of India (CREDAI) has recently learnt that the developers and builders in Chennai are hoarding huge posters of their residential projects which does not have approvals from Chennai Metropolitan Development Authority (CMDA). To pull down this negative attitude up kept by the developers, CREDAI has decided to promote [...] Continue Reading »
Higher construction costs? again? None is aware as to why the property prices are hitting sky high! Recently, the Maharashtra government has called of for revision of Development Control Regulations (DCR) to increase transparency in real estate transactions. So, all the home buyers especially in Mumbai get, set and ready to shell out more money [...] Continue Reading »
The Bandra-Kurla Complex (BKC) in Mumbai is being over populated with increasing residential constructions. The real estate experts, the property consultants Knight Frank India and the developers are questioning the need for expansion of residential structures in BKC. No wonder, very soon four luxury residential towers will be completing its construction phase, Piramal Sunteck will [...] Continue Reading »
Developers in Ahmedabad have taken innovative ways to market their projects. They have gone starry ways and have roped in tinsel town celebrities for launching projects. Stars like Amitabh Bachchan, Hema Malini, Juhi Chawla, Bappi Lahri and Darsheel Safary are being asked to advertise the projects for better sales. However, experts doubt these efforts stating [...] Continue Reading »
