Developers
Ever heard of water affecting the housing sector in a city? Yes it is true in case of Gurgaon! The ground water level in the city has been going low at an alarming rate which in turn is affecting the real estate projects in Gurgaon and Faridabad. Keeping the water level in mind, Central Ground [...] Continue Reading »
Mumbai based developers are very much affected by the newly amended development control regulations. After the recent amendments in DC rules, it is predicted that there might be a hike in property prices which would effect the margin of the developers. As per the new rules, common areas like balcony, flower beds, terraces etc will [...] Continue Reading »
Mumbai is soon going to witness a growth in realty sector by some of its developers. The city based real estate developer, Ajmera Realty and Infrastructure has plans of expanding its investment zone by around Rs 1000 crore in real estate and power sectors. Their plan will get placed within five years as they are [...] Continue Reading »
The illegal structures in Darjeeling are now planned to get regularized. After Darjeeling municipality imposed hefty fine on the property owners, finally. Also ministers have asked the builders and developers to stop the construction of illegal structures. May it be commercial or residential construction, the height of buildings above 11.5 meters is considered illegal in [...] Continue Reading »
The Municipal Corporation of Delhi (MCD) has passed on a mandatory rule to construct the houses leaving two-metre space from the adjacent buildings to it. The recent incident wherein the digging of basement lead to collapse of the adjacent building provoked MCD to pass this mandatory norm. Especially the residential sectors which are generally constructed [...] Continue Reading »
A recent report by DTZ, a real estate consultant cautioned about the realty price fall in major cities like; Singapore and Mumbai due to regression and regulation in the economies. It’s just the beginning of 2012 and all the major Asian cities have started witnessing 15 to 25 percent drop in residential realty rates! Coming [...] Continue Reading »
Sale of residential apartments in 2012 is sure to boost with the oversupply situation in commercial real estate. This is the belief that real estate experts are having and looking forward to happen towards the other end of the year. Even though there is a slow down in all economic parameters realty sales are still [...] Continue Reading »
The realty scenario for the year 2011 was a roller coaster ride. Too many residential projects were paused, with plenty of apartments are still left unsold! The housing finance companies were in a complete dilemma with the interest rates hiked many times during this year. The delay in project execution was a major drop down! [...] Continue Reading »
2012 realty economy is up already started and there are lot of expectations from the investors, developers and property buyers point of view. There are huge amount of construction sectors which is kept unsold. Along with this the realty industry is in debt even toady with more than Rs 45,000 crore. The unlisted players who [...] Continue Reading »
Hyderabad realty sales went on pretty good during the year 2011. However, the city realty sales are no more the same; as the realty construction is on halt and the land sales have dropped down completely. The government order (GO 86) restrictions had paused building constructions in the congested zones in the city. Meanwhile the [...] Continue Reading »
