Mumbai
Mumbai- Some of the shop owners of New Mayuresh Darshan Housing Society have filed a case against the illegal construction of a cellphone tower in Kalyan Housing Society alleging it can cause health problems for the public. But the Kalyan civil court rejected the stay order. Reacting to the judgement, Rajan S Mathews, director general, [...] Continue Reading »
Bangalore- Portman Holdings is all set to invest around 65 crore and 83 crore in Promont, a Bangalore project of Tata Housing which is the real estate arm of Tata Group. Portman has picked about 26 to 30 percent stake in the high-end residential project, whose equity valuation is 250 crore. The firm has investments [...] Continue Reading »
Mumbai- Real estate builder Royal Palms India is planning to sell four of its hotels in the city and hope to boost around Rs 2, 500 crore regarding enlargement as well as diversification in the farming industry. They have already bought 300 acres of agricultural land and planning to harvest high-paying crops, from grains to [...] Continue Reading »
Ulwe, a village with mess and uneven streets in the outskirts of Mumbai which even lacks basic facilities but flats in that area will cost you a bomb. The cost of the flats is beyond the reach of mediocre family. Home buyers who were planning to buy in this area said that many builders demand [...] Continue Reading »
Chennai- The city’s dumping yards- Perungudi and Kodungaiyur- filled with smoke, stench, pollution, illness, dislocation and protest have become a view of distress. The Chennai Corporation is in the final stage of finding a way out to its problem of garbage accumulation. People residing in localities in the vicinity of dumping yards forced the civic [...] Continue Reading »
According to Knight Frank report, the real estate sector will continue to remain a good investment destination with properties in several residential areas in selected cities likely to appreciate by 91-145 per cent over the next five years. High possible return on investments ranging between 18.6% and 29% per annum over the next five years [...] Continue Reading »
Ulwe in Mumbai has become one of the top destinations for investment in the residential real estate sector where housing prices are assumed to raise by 145 per cent over the next five years. Out of the top 13 destinations, housing prices is expected to hike at a fastest rate at Ulwe (Mumbai) in 3-4 [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »
Delhi/NCR- Most home buyers are quite baffled whether to buy or rent a home in a metro city. However, the increased costs of the property in prime areas along with the suburbs have made housing a difficult option in metropolitan cities especially for the middle income class. According to various analysis based on rental and property values [...] Continue Reading »
Areas such as Wadala and Chembur in Mumbai and Ulwe in Navi Mumbai are the top residential locations to invest in and Knight Frank has predicted a rise of 133%, 125% and 145% in these areas respectively in recent years. Cities like Mumbai, Bangalore, Chennai, the national capital region (NCR) and Pune are identified as [...] Continue Reading »
