Mumbai
The Maharashtra Housing and Area Development Authority (MHADA) has started its online lottery system, which failed to work on the very first day. The website itself was not working leading the applicants to panic. MHADA planned to conduct a lottery system to distribute 2593 flats, among which 172 flats belong to high-income category whereas the [...] Continue Reading »
The real estate builders in Mumbai have called off for strike and it is scheduled for May 3, 2012. The Builders Association of India along with the Maharashtra Chamber of Housing Industry and the Confederation of Real Estate Developers Association of India had called for strike protesting the delay in realty project approvals. According to [...] Continue Reading »
At Giriraj Apartments on Altamount Road in Mumbai, there is a redevelopment clash witnessed. It has been learnt that one group of residents are oppose the proposed self-development whereas the other group is approaching the ‘Stop Scam Redevelopment’ forum. The condition at Giriraj Apartments in Mumbai has turned very critical! The society’s managing committee since [...] Continue Reading »
The rental rates of homes in Mumbai is skyrocketing. The citizens in Mumbai are oscillating between the options of either renting house or purchasing one! When asked about the same to one of Vishal Pariekh a sales executive living in Mumbai, he alone had too many concerns to think about. Pariekh who at present stays [...] Continue Reading »
The prices of properties across India is increasing. Mumbai, Chennai, Delhi and other metros in India has set a record for high real estate prices. However, when compared to a decade old real estate scenario, properties in India have become much affordable today. According to real estate experts the monthly rentals in Mumbai ranges between [...] Continue Reading »
The BEST, Power utility company in Mumbai announced its purchase of 300MW additional electricity from Indiabulls Power Ltd. With this deal BEST ensures regular power supply throughout Mumbai. The BEST experts from Mumbai say that the power they are purchasing will be good enough for next 25 years. With the launch of many malls and commercial [...] Continue Reading »
Normal and average ranged solutions seems not to end the water crisis in garden city, Bangalore! According to the recent water report, Bangalore stands highest with 50 percent of water leakage problems. This recent report is alarming the need of finding immediate water solutions in Bangalore. The water crisis has increased much that it demands [...] Continue Reading »
In Mumbai, according to the recent real estate report it was revealed that around 35000 housing sectors is kept unsold! The real estate developers and builders are more worried about the unsold apartments in Mumbai city. The total value of unsold properties in Mumbai is around Rs 8,535 crore and it has been predicted that [...] Continue Reading »
Although Chennai is facing a shortage of 24000 homes in the budget homes segment, Real Estate experts from the city say that there has been a steady demand for budget and luxury properties in Chennai. If sources are to be believed, the properties in the bracket of Rs. 20 to 45 lakhs are the most [...] 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 »
