Developers
Over changing times, home buyers’ demand and expectation also increase with time. Previously, buyers were satisfied with whatever is needed for a simple living. But now, developers in Mumbai are going extra miles to impress these buyers and provide luxurious amenities and facilities to lure more buyers. According to Knight Frank, real estate market is [...] Continue Reading »
2011 was nowhere good for the realty market in India and no wonder its same with the commence of year 2012 also! The real estate experts, property buyers, builders and developers are all worried about fluctuating realty market. Now, its time to discuss about the present realty situation and find a solution to witness healthy [...] Continue Reading »
The Maharashtra government recently passed on orders in concern with the mandatory payments of the premium floor space index (FSI) rates. Even there is a major drop down in realty sales, some of the developers across states are still holding back their properties without compromising for less deal. However, these FSI extra payments is sure [...] Continue Reading »
The plots at Ghansoli Mumbai recently was sold for reasonable rates wherein, City and Industrial Development Corporation (Cidco) failed to fetch these lands a good deal! However, Cidco officials say that corporation had opened bids for Ghansoli plots wherein six plots earned around Rs112 crore. The continuous slow down in realty market resulted in these [...] Continue Reading »
Generally, once the residential or commercial constructions are completed developers or builders have a sole authority to maintain them. However, the state has no powers or regulated machinery to provide management of social infrastructure to any realty transactions directly. This is where the developers and builders have got complete authority of plots, houses or apartment maintenance. [...] Continue Reading »
About 35 developers in Mumbai have been given notices to give away the flats which were kept for public housing. The notices were given by the urban land ceiling (ULC) department to bring back 1,284 houses. Under the Urban Land (Ceiling and Regulation) Act (Ulcra), the flats are to be used for general public but [...] Continue Reading »
Real estate market saw many ups and downs in 2011. The firms either big or small who are listed at the Bombay Stock Exchange (BSE) degraded all in the previous year. The realty stocks’ price on an average went down by almost 51% with some firms going down as much as 80% in 2011. The [...] Continue Reading »
The slump in realty market has shown variations in the investment point of view. Many of the developers and builders have paused their constructions with the beginning of this year. Also, the Indian realty companies which are establishing themselves globally are reviewing their projects as the realty market proved a major slump internationally too! On [...] Continue Reading »
Real estate market has grown a lot from an unorganized sector to a real industry. As many things has been advancing in this sector, the development firms are also thinking of new ways to market themselves. Many renowned developers in the country are adopting the mantra of hiring professional and educated chief executive officers, financial [...] Continue Reading »
Developers have to keep a pace over maintenance of colonies in Gurgaon. After a series of complaints from the resident welfare associations over maintenance, Haryana Urban Development Authority (Huda) has threatened the local developers to take care of the colonies. If not done, then the civic body has alleged it will take away their maintenance [...] Continue Reading »
