Indian real estate
Delhi: Rohini Sector 9 is becoming a hot investment place due to the connectivity with the other parts of the city and easy access to schools, colleges and offices. Rohini Sector 9 properties have become the upmarket investment sector in Delhi which pushed the price of the properties and hence multi-storey apartments in Rohini Sector-9 [...] Continue Reading »
Noida: In the wake of the rise in property fraud cases and violation of environmental norms, the Noida residents and delegation of home buyers to meet the Uttar Pradesh administration to take strict actions against the violators. Anuj Singh, an ex-Army officer complained that after he booked a luxury flat in Noida, he found out [...] Continue Reading »
Many Indian real estate developers had to witness low sale rate and high debt in 2012 due to prolonged approval procedure. Due to high pressure from banks and financial institutions, the developers have come to the term that they need to pay their debts in time. The repayment of these standing debts has made many [...] Continue Reading »
High prices of properties is the major concern for home buyers across India. Though unsold properties are piling up, developers are reluctant to reduce rates. As per the data from the NHB (National Housing Bank) Residex index which tracks price movements in the residential segment in 20 cities across India, the rise in property rates [...] Continue Reading »
After the huge success of the development of luxury apartments in Burj Khalifa in Dubai, Italian fashion designer Giorgio Armani is eying Indian luxury real estate. Earlier, Armani had tied up with Lodha group, the Mumbai based real estate developer and now he is planning to collaborate with Noida based Supertech to build Armani Tower. The Armani [...] Continue Reading »
Almost all the rickety and stubby government buildings will be soon reconstructed to new high rise apartments and office blocks in Delhi. This is one of the biggest redevelopment exercises that will come up in the heart of Delhi since Independence. The existing two storey structures will be rebuilt to 10-12 storey residential blocks which [...] Continue Reading »
Mumbai has witnessed a new joint partnership – Godrej with Ratnaraj Blesing Milestone to redevelop the Kamgar Swa Sadan Cooperative Housing Society Ltd. in central Mumbai which is situated at Mahadeo Palav Marg, Currey Road. Godrej Projects Development Pvt Ltd will be playing the role of a development manager and will also take care of [...] Continue Reading »
The demand for residential apartments is soaring strongly in NCR despite speculative market that is owned by the predominance of various investors. The market is expected to become transparent with the revised circle rates. Gurgaon has witnessed the maximum number of launches in H1 FY13 combines 33 percent of total launches in NCR region. It [...] Continue Reading »
Government is working on a new proposal which will allow the real estate investment trusts to participate in the country’s rental housing market. According to Ajay Makan, housing and urban poverty alleviation minister, the ministry is trying to frame a policy paper on REITs which will soon be taken up by the finance ministry. This [...] Continue Reading »
The year 2013 will be stable for the residential apartments in Mumbai real estate market. As per the reports, buying plans and demand of residential projects might rise in the coming year. The high prices of land, increased demand and significant increase in construction costs will not witness major correction in 2013. Apart from the [...] Continue Reading »
