Developers
A latest property exhibition named ‘Ashiyana’ has been organised by the Central Bank of India in Pune due to the upcoming festive season. This property expo has been held at the New Agriculture college ground, Sinchan Nagar, behind Bhosle Nagar, Range Hills and will be continued on November 3 and 4. It is seen that various [...] Continue Reading »
Experts expect that the new supply in Mumbai realty market could lessen by 20-30% than the prevailing rates as the market has been ravaged with high prices. Around 200 new projects are coming up in June – September and it is estimated that it will launch in cheaper rates. According to a real estate analyst, [...] Continue Reading »
A new realty project will be launched in Mumbai in the partnership of four property developers, Hubtown, Marathon Realty, Terraform Realty and Rajesh Lifespaces. A consortium has been formed called Rare Townships to develop a township titled ‘Rising City’ off eastern Express Highway in Ghatkopar area of Mumbai . The project will have two, two [...] Continue Reading »
As a result of funding gap, many housing projects have been shut down and as a result, economy has slowed down. The government has directed many banks across the state to unblock values of stalled projects and provide financial dose to turn them viable. National housing bank (NHB) decided to begin the search for the [...] Continue Reading »
India Inc is unhappy with the Land Acquisition Rehabilitation and Resettlement Bill 2011 cleared by the Group of Ministers (GoM) fearing that projects costs may soar due to high land price, and cumbersome acquisition procedures. Rajeev Talwar, executive director of DLF said the Bill could affect business badly adding that projects costs will soar if [...] Continue Reading »
Tellapur, in western Hyderabad, offers large number of 2-3BHK apartments with the price range of Rs 30-60 lakhs respectively. It is situated on NH 9 ( the bombay highway) and joined with the outer ring road. The proposed 400 acre mega township at Tellapur Technocity was not completed on time due to which few pockets [...] Continue Reading »
The new leasehold policy announced by the government have not gone down well with the developers. Builders are of the opinion that the hike in lease rates, announced in the new leasehold policy, will affect the monthly rents paid by tenants who occupy old buildings. The builders say that the policy will also further drag [...] Continue Reading »
Announcing an all out war on corruption, Confederation of Real Estate Developers Association of India (CREDAI) , the apex body of property developers, has asked its about 10,000 members not to pay bribe to officials for getting project clearance. The strong statement came after CREDAI president Lalit Kumar Jain stated that realty sector has been [...] Continue Reading »
The second-home market is becoming a hot spot for developers and investors alike. From developers’ point of view, the second-home market is, to a certain extent, immune from recession. From the buyers’ point of view, second home markets are attractive as they give an opportunity to be away from the bustle of city life at [...] Continue Reading »
To cater to the needs of senior citizens, who want to live a comfortable retired life, exclusive townships for senior citizens are coming up in various places. One such township is at Neral, at the foothills of Matheran, Maharashtra, which provides comfortable living experiences along with amenities. Similarly, Athashri, a project of Paranjape Schemes in [...] Continue Reading »
