Developers
International property consultant, Cushman & Wakefield said that owing to the acceptance of Foreign Direct Investment (FDI) bill in multi-brand retail, India will witness increase in shopping and commercial centers. Executive Managing Director, South Asia, C&W, Sanjay Dutt said that said this move will benefit the real estate, retail sector and end consumers for a [...] Continue Reading »
Pune- The Pune real estate market is attracting good number of investors and buyers. The developers are also showcasing new projects in various destinations. The project inculdes both premium and affordable housing. Talegoan is located on the Bangalore-Mumbai expressway, hence it is not only attracting buyers from Pune but also from Mumbai and Bangalore. The [...] Continue Reading »
Delhi- The three development authorities of Gautham Budh Nagar were targeted on 4th December by frustrated home buyers as there were allegations that despite various home buyers being cheated, action was taken against only selected developers. A demand by the buyers stated that the developers should upload all their project’s NOC and other related important [...] Continue Reading »
Confederation of Real Estate Developers’ Association of India (CREDAI) has asked its members to clear the inventory of unsold housing stock by reducing the prices. The Finance Minister P Chidambaram has given few suggestions in order to clear the unsold stock which was accepted by the developers too. The members across the country have been [...] Continue Reading »
Real estate players have been provided with significant opportunities as the education sector lacks physical infrastructure. The quantity of physical infrastructure and real estate development required is as huge that education institution operators or government cannot achieve it alone. There are around 25,000 colleges and 460 universities in our country with over 144 million customers in education [...] Continue Reading »
Real estate has been the most visible source for black money as it has never been regulated in India. This is also a hot topic in the India Parliament which opened on November 29, 2012. Other than real estate, black money also involves owners and investors. Black money is present in every step of a real estate project, [...] Continue Reading »
In 2008, conveyance deed was first introduced in the real estate market to protect the interest of home buyers. But this year, hardly 1,200 housing societies have applied for conveyance certificate out of 88,000 and only 700 of them got the deed. The Chief Minister Prithviraj Chavan in a recent meeting said that a statewide drive will [...] Continue Reading »
After a fire broke out on the fifth floor of a tower in Ahimsa Khand-II of Indirapuram, the Resident Welfare Association (RWA) members lodged a complaint against the Ghaziabad Development Authority (GDA) and the developer of the project for not putting proper safety measures in the society. However, the fire broke out due to short [...] Continue Reading »
The Greater Noida Authority has started survey of acquiring land freshly in Noida Extension villages which also include Shahberi region, where several were hampered by Supreme Court. To acquire 156.3 acres of land in Shahberi village, the Supreme Court had destroyed the 2007 notification of the UP government last year. The authority had imposed a fine [...] Continue Reading »
Chennai’s office market is stable and there is no increase to the last year’s activity levels. This commercial market is especially driven by the demand from ITES or IT comapanies. According to property consultant, vacancy level is decreasing and there is an inch rise in the rental values in selected areas. According to the range from 8-11 [...] Continue Reading »
