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IIT Madras sets up centre for technology, policy

IIT Madras sets up centre for technology, policy
IIT Madras has recognized a centre for technology and policy to deal with development troubles and help technology innovators work more efficiently in a given policy setting. The centre will exemplify on IIT Madras faculty proficiency and its own research staff. This will facilitate consultation and networking with policy makers, industry, investors and various other [...] Continue Reading »

Some builders in Mumbai sell houses without clearances

Some builders in Mumbai sell houses without clearances
Without clear land titles and construction permissions some builders in the city have been luring clients to book flats early at discounted rates. It is illegal under the law. The customers are asked just 10 per cent to 20 per cent before the first brick is laid. Such developers manage to sell 200 to 300 [...] Continue Reading »

Skills shortage in Indian real estate

Skills shortage in Indian real estate
The deficiency of skilled personnel in India’s real estate sector is responsible for slowing down construction activity by an average of six months to a year, that’s why project cost increases. In India Development activity is at all time high and is only expected to increase further in future, According to the rate of urbanization [...] Continue Reading »

Second house not in use? You may be in trouble

Second house not in use? You may be in trouble
Sachin Ahir, state housing minister, stated that one might be penalised if they have a second house and don’t give it out on rent or sell it off.  Government is functioning on the modalities. According to the 2011, census there is 41.86 lakh houses in Mumbai.  A house-to-house survey showed that of this 4.79 lakh [...] Continue Reading »

HSIIDC goes online to allot plots

HSIIDC goes online to allot plots
In a bid to attract new investors, the industry authority, HSIIDC, plans to allot the plots “online”. In the latest in a series of systemic upgrades, the authority’s head office announced the new online facility for prospective entrepreneurs planning to invest in Haryana. With the “online mode”, the corporation expects the process of industrial plots [...] Continue Reading »

Government’s decision to blacklist Cyprus for not providing tax data will hit developers and realty funds 

Government’s decision to blacklist Cyprus for not providing tax data will hit developers and realty funds 
Government of India’s decision to blacklist Cyprus for not providing tax data is set to hit developers and realty funds. Investors who have taken funds through Cyprus are likely to face a big decline in returns as developers will now be expected to withhold higher tax amounts. The investments have now jumped to 30% which [...] Continue Reading »

Pune witnesses increasing demand for student housing

Pune witnesses increasing demand for student housing
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »

Chandapura realty exhibits huge growth potential

Chandapura realty exhibits huge growth potential
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »

Pune retail market is booming

Pune retail market is booming
Pimpri Chinchwad Municipal Corporation’s (PCMC) upcoming large townships have all the unique facilities at affordable price. The new integrated townships are coming up in and around Pune which comprises of office space, recreation facilities and retail shops reduce the commuting time and travelling charges. Areas such as Hadapsar is offering a growth in both commercial [...] Continue Reading »

Talegaon one of the top realty destinations

Talegaon one of the top realty destinations
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 »



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