Property Buyers
Property buyers in Mumbai city are shelling out lakhs of rupees for the properties which do not hold proper documentations. Around 50 residential buildings in the city worth Rs. 750 crore owned by Navi Mumbai Municipal Corporation (NMMC), Maharashtra Industrial Development Corporation (MIDC) and City and Industrial Development Corporation of Maharashtra (CIDCO) have been raised [...] Continue Reading »
Are you planning to buy a property in the outskirts of Hyderabad? Go ahead and buy one at the earliest. The lands at the outskirts of the city are now available for unbelievably cheaper rates. Land owners in areas like; Maheshwaram, Chevella and Moinabad have now slashed the rates by over 70 percent to attract [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) have flavored in a sense of relief to the property buyers in Noida extension. CREDAI has decided to pause the interest on pending EMI payments to the property buyers who have already made 10 percent booking payments. High Court (HC) orders forced the developers to [...] Continue Reading »
Patel Nagar in west Delhi, is all set to welcome Raheja Phoenix the city’s first tallest building. Raheja Phoenix, a residential project is walled city’s first skyscraper providing best of best elite’s in residential preferences. Even though it is early to estimate the success of this project, Delhi known for its huge bungalows has, left [...] Continue Reading »
Chennai city is all set ready to welcome a new luxury residential housing in its city. Inno Geo City will be introducing the concept of bungalow apartment housing in the outskirts of the city very soon. Kalyan Jayaprakash, Director of Inno Geo City reported saying that this residential project would comprise of nearly 200 bungalow apartments [...] Continue Reading »
The government in Mumbai is all set ready to introduce a draft of Real Estate Regulation and Development Bill of the year 2011. The reason behind government postponing the release of this draft is that, the draft will now be introduced and comments will be taken as a feedback and duly amendments will be made [...] Continue Reading »
Real estate prices boomed in the recent times and the property buyers are nowhere interested to purchase one at this point of time. These reasons have left nearly 32000 flats in Mumbai city unsold. Its a fact that the fluctuating real estate rates are scaring the property buyers in the city. Also the real estate [...] Continue Reading »
Midst the raising fuel rates and grocery rates the land prices in India are facing a rapid hike which has lead to the property buyers intuition that the “land is no more affordable”. Property buyers have one question in them that is, “Why are property rates not affordable?”. None has an answer for this question, [...] Continue Reading »
In Mumbai hardly 14 square kilometer that is 2.5 percent of the city area is let out for the public and midst total area space of 480 square kilometer. This includes the public parks, parking spaces and also recreation grounds for a number of 14 million people. However in the scenario is entirely different in [...] Continue Reading »
Mayor B. Kartika Reddy reported in concern with the property tax hike to media saying that, tax enhancement should not be done and the other officials also agreed to the same saying that the government has decided no to hike the property tax as the property buyers are already bearing the trauma of price hike [...] Continue Reading »
