home buyers
The Maharashtra Housing and Area Development Authority (MHADA) has planned to sale 3,000 affordable houses in the market this year. Among the 3000 flats, 2674 flats will be distributed among low income groups, while 174 are made for higher income group. The remaining flats are kept for middle income group. The application forms will be [...] Continue Reading »
It is being noticed that many fly-by-night builders creating pain for the home buyers. As none of the builders and real estate agents need any registration from the government, all kind of people enter in the realty market and promoting illusory dream flat for sale to the home buyers. It is a common to see [...] Continue Reading »
Mumbai Developers are facing very hard time in selling their properties. The market is so worst in Mumbai that three consecutive property exhibitions have been canceled. According to Maharashtra Chamber of Housing Industry (MCHI) the situation arise due to some government policy. Actual home buyers are not looking for a flat as the cost of [...] Continue Reading »
The Competition Commission of India (CCI), who takes care of fair competition between corporates has decided to step in for the home buyers’ aid. The panel has decided to come up with some rules which will stop the abuse by the developers to the buyers. There has been several instances of abuses in metro cities [...] Continue Reading »
According to the different Realtors, the union Budget 2012 came up as a disappointing budget for the middle range of home buyers. Due to the rise in service tax the cost of construction of real estate projects will increase by Rs 50 to 150 per square feet from the coming April, 2012. External commercial borrowing [...] Continue Reading »
The budget has made the real estate sector disappointed. It is not only disappointing the real estate builders, but there is also no better announcement for the middle range home buyers. With the increase of the service and excise tax, the cost of construction will increase by Rs.50 to Rs.100 per square foot. The only [...] Continue Reading »
The Confederation of Real Estate Developers’ Association of India, (CREDAI) Tamil Nadu will be showcasing “FAIRPRO” a annual property exhibition. Around 65 realty builders will be showcasing nearly 250 projects with the prices ranging from Rs 10 lakh to Rs 10 crore. The FAIRPRO show will be from February 17 to 19 held at Chennai [...] Continue Reading »
Higher construction costs? again? None is aware as to why the property prices are hitting sky high! Recently, the Maharashtra government has called of for revision of Development Control Regulations (DCR) to increase transparency in real estate transactions. So, all the home buyers especially in Mumbai get, set and ready to shell out more money [...] Continue Reading »
The home buyers grievances were till now referred to concerned authorities in realty industry. Hardly, CREDAI, the civic bodies or the municipal authorities attended citizens to do needful for the citizens in Chennai city. However, now this is made much easier! The Confederation of Real Estate Developers’ Association of India (CREDAI) will soon be introducing [...] Continue Reading »
Buying a plot, planning for house construction and waiting a year long for the house to get completely constructed. All these seems to be one of the toughest tasks for the home buyers in New Delhi. Therefore, the home buyers are preferring more for ready to occupy flats wherein they can take possession immediately. Also, [...] Continue Reading »
