Developers
The Confederation of Real Estate Developers’ Associations of India (CREDAI) have flavored in a sense of relief to the property buyers in Noida extension. CREDAI has decided to pause the interest on pending EMI payments to the property buyers who have already made 10 percent booking payments. High Court (HC) orders forced the developers to [...] Continue Reading »
The government in Mumbai is all set ready to introduce a draft of Real Estate Regulation and Development Bill of the year 2011. The reason behind government postponing the release of this draft is that, the draft will now be introduced and comments will be taken as a feedback and duly amendments will be made [...] Continue Reading »
Midst the raising fuel rates and grocery rates the land prices in India are facing a rapid hike which has lead to the property buyers intuition that the “land is no more affordable”. Property buyers have one question in them that is, “Why are property rates not affordable?”. None has an answer for this question, [...] Continue Reading »
India Bulls new Residential project at Worli in Mumbai is all said to hit floors comprising of five towers and Seventy five stories with the total area space of 3,900 square feet. All the floors comprises only of three and four bedroom apartments. The individual apartment is estimated to start with the cost of Rs.12 [...] Continue Reading »
In Mumbai hardly 14 square kilometer that is 2.5 percent of the city area is let out for the public and midst total area space of 480 square kilometer. This includes the public parks, parking spaces and also recreation grounds for a number of 14 million people. However in the scenario is entirely different in [...] Continue Reading »
In Mumbai residential property rates have been increasing midst leaving the properties in the city vacant. With the increasing rates the property buyers have now turned ignorant face in concern with purchasing the property and this has lead the builders and developers in great worries. Also the fact is that the developers do not want [...] Continue Reading »
Builders in India are facing crunch this festive season as they are not able to generate business as usual. Generally this time of the year the property deals in India are at its peak as it is considered auspicious to procure property during the festive season. Various factors have contributed to this some of them [...] Continue Reading »
The high rates of property has played a spoil-sport this festive season in Mumbai. Many apartment seekers have kept themselves at bay unable to furnish such hefty sums. This drop of demand had also affected adversely to property developers and very few new projects are on the docks. Mr. Anand Gupta, secretary of the Builders [...] Continue Reading »
The developers and land owners in Chennai have a down feeling towards the publicity they are getting for their projects. The awareness created midst citizens are comparatively low and henceforth leading the developers to sell their property at the rate of loss. Meanwhile to initiate this, the rating wing CRISIL has initiated all the housing [...] Continue Reading »
The Supreme Court of India has announced that the sale of immovable property under General Power of Attorney (GPA) will be considered illegal and will attract strict punishments. The decree might actually lead to a 20 percent downfall in the value of properties. The decision might have implications in resale and secondary properties. The decision will not [...] Continue Reading »
