Luxury projects
As a welcome development for the realty sector, the Delhi based realty company Ambience has pledged investments to the tune of INR 1, 950 crore throughout a period of four years for its new luxury housing endeavours. These luxury projects will be based in Noida and Gurgaon respectively and are representative of the new found [...] Continue Reading »
Mumbai- Due to a reducing number of property bookings, the inventory of unsold properties in Mumbai is piling up which is further forcing the developers of the city to decrease property prices. According to real estate consulting firm Knight Frank, the number of unsold inventory of the real estate projects in Mumbai has increased by [...] 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 »
Noida is currently not just an affordable housing destination but is slowly transforming as a luxury housing destination. This eventually is creating stiff competition amongst the neighbouring cities of Haryana and Gurgaon. Authorities from the twin cities; Noida and greater Noida have planned to propagate these cities for luxury projects as there are quite a handful [...] Continue Reading »
The builders of India seem to have learnt that luxury amenities attract rich buyers of the new era the most. To keep pace with the changing lifestyles, builders have started implementing high class amenities like Jacuzzi, squash court and cinema halls, in their luxury projects. Keeping in mind the requirements of young generation and new [...] Continue Reading »
Realtors of India are pretty sure that the housing prices will not fall in the near future even after the economy’s downfall. It is a fact that due to the delay by the state government there is pressure on the developers but such delays affect the cost for developers. According to a research made by [...] Continue Reading »
Though it is found that the performance of DLF is slightly better than last quarter, they are still struggling to attract the investors. Most of their projects are still laying unoccupied due to high interest rate for funding. Most of the home buyers are looking for local builders for buying apartments in India. That is [...] Continue Reading »
High Net worth Individuals are attracted by the high end real estate market in Bangalore. The launch of premium segment apartments in Bangalore are increasing as the demand for luxurious homes above Rs 1.5 crore is increasing. Some of the key luxury projects launched in 2011 includes Nitesh Logos at MG Road, Four Seasons’ CityView [...] Continue Reading »
Midst all crisis and back drops in Indian real estate market, the demand for luxury projects has not stopped! The real estate experts say that demand for luxury housing is increasing in cities like Mumbai, Kolkata and Bangalore. Beginning of the year 2012, affordable housing was a hot and happening topic that was discussed in [...] Continue Reading »
