Mumbai
Whatever might be the realty scenario all over the country, Bangalore stands still by witnessing positive growth in realty sales. According to the recent data collected, around six million square feet of residential apartments has been sold out for this year. The absorption of property buyers is increasing in Bangalore economy. The festive demand, good population [...] Continue Reading »
Initially there was delay in project approvals by the concerned authorities but now there has been a sudden rise in the same! The long delayed projects are now getting approved by the Government which in turn are frightening Mumbai builders of excessive supply and price depreciation. According to sources, the approvals will gain pace after [...] Continue Reading »
The water supply planning for the year 2005-2010 has shown a miserable failure in Mumbai. Now, the Mira-Bhayander Municipal Corporation (MBMC) has been held for lagging behind in the municipal works. The Comptroller and Auditor General (CAG) has now taken initiative of inspecting this case. The water supply demand has reduced so much that few [...] Continue Reading »
A 500 acre land in Goregaon, Mumbai was planned to be converted into club house and bungalows. This land is estimated to cost around Rs 5,000 crore and comes under no-development zone (NDZ) and coastal regulation zone (CRZ). However, this development plan was stopped by environmentalists as the land was once covered with mangroves and [...] Continue Reading »
Christmas 2011 had been a fruitful festival for the Bandra-Khar residents. They received a genuine Christmas gift as an Eco-Garden. Due to Union Park Residents’ Association (UPRA) interference, the long dried garden could transform into a presentable situation in Union Park. An amount of around Rs 1.18 crore was spent from area development park for [...] Continue Reading »
Mumbai city with the growing infrastructure, affordable to luxury residential living is growing in a fast pace. However, traffic and accident cases are resulting in evading fear in the minds of the citizens. Mumbai traffic police department say that the drink and drive cases have been increasing rapidly resulting in creating trouble to other commuters [...] Continue Reading »
Nilesh society residents have been facing many health problems due to hazardous radiation from three mobile towers atop Victor Shelter building. These mobile towers are taken to be unauthorized and illegal as per Right to Information (RTI) query filed by a resident of New Link Road Residents’ Forum. As per the report, three towers on [...] Continue Reading »
Metro cities has seen a slow down in demand in the residential realty sector in the recent times. This is due to the fact that there has been a lot of hike in property prices and rise in interest rates. According to a report, Delhi-NCR has topped the list of unsold flats at 102,758 units, [...] Continue Reading »
Apartment maintenance has loads to do! May it be for the flat owner, apartment association, builder or a developer everybody has to maintain day to day and annual accounts of apartments. Here is one of the integrated portal to relive issues in concern with apartment and communities, Commonfloor (www.commonfloor.com). Commonfloor (CF) is a real estate [...] Continue Reading »
The property registration numbers has seen a major backdrop in Mumbai city. Since April 2011 the property rates have seen a sharp rise by 10 percent. The Prabhudas Lilladher report in Mumbai say that on monthly basis the property registration numbers have declined by 12 percent. Real estate experts say that there is minimum percentage [...] Continue Reading »
