flats in india
DLF builder has planned to focus on building luxury homes and continue selling non-core assets to reduce debt. DLF, which saw a 37 percent erosion in its share price in 2011, is struggling to meet a target of selling non-core assets worth 60-70 billion rupees by 2012-13 to pare its debt. Since 2007-08, DLF’s interest [...] Continue Reading »
It is found that the cost of properties in Mumbai has been increased by 87% in last 4 years. According to the economic survey report, the price of the properties is increased in a range of 43% to 166% throughout India. The report says that the cost of land in Mumbai is increased as the [...] Continue Reading »
As the government ruled out guideline for the builders to allocate 10 percent of space for lower income group. The builders in Bangalore are worried about their luxurious projects. According to the builders, who pays a high amount for a luxurious apartment may not be interested to stay in the neighbourhood of a EWS colony. [...] Continue Reading »
The real estate companies in India are not trying to pay off the debts. Rather they are more interested in buying lands from the earnings. It is reported that the rate of sales of apartments has been increased and the debts for the big builders also increased. The builders like DLF, Godrej Properties raised more [...] Continue Reading »
The residents of apartments in Chennai city are now becoming more Eco friendly when compared to other cities. The awareness is more important among the buyers and the builders. The Eco friendliness is basically the use and reuse of the natural resources in the apartment premises. As an example we can quote; rain water harvesting, [...] Continue Reading »
The assembly election in UP propagate the progress of real estate industry. According to a real estate expert, the ongoing election has made the builders to postpone the launch of their residential projects. According to the expert the major financing source of different projects are from the politicians. And due to the election expenditure most [...] Continue Reading »
Visakhapatnam is a fast growing city in Andhra Pradesh. Similarly, the demand for apartment in Vizag is increasing with the real estate trends changing. The same was proved at a three day real estate expo observed a huge interest among the residents of the city. As the industrial growth is very high in the region [...] Continue Reading »
The Central Government made it clear for the real estate industry that the approval of disaster management authority and a clearance from environment department is a must for high rise apartments in India. Government implemented such an initiative to overcome the threat of clogging traffic and fire safety. Government also set the target to access [...] Continue Reading »
The Real Estate industry of India is eying at Pranab Mukherjee, the Finance Minister, for a change in the interest structure and in investment policy for the property management. This sector is compressed under huge debt ratio and they need a lot of investment in terms of property selling. And the amount of investment required [...] Continue Reading »
