Pune
Real estate and home finance executives have stated that Pune and New Delhi have overtaken Mumbai with steady home loan demand. India’s financial capital does not offer a rosy picture for the real estate sector as there are not many new projects that sell in big numbers. In the recent past, most sales have been [...] Continue Reading »
According to National Housing Bank (NHB) data, housing prices have risen by up to 10.5 per cent in 16 major cities of the country in the April-June period, while only three towns have witnessed a marginal fall. The data is taken from NHB ‘RESIDEX’ which tracks the movement in prices of residential properties on a [...] Continue Reading »
Mumbai has fallen in the mortgage market rankings as record real estate prices keep customers away, say realty and home finance executives. Pune and New Delhi have overtaken India’s financial capital with steady demand, while Mumbai has fallen to third or fourth position for housing finance. Mumbai used to be number one in the real estate market, but not many new projects [...] Continue Reading »
The SGS mall in Pune Camp, which was sealed on Tuesday on charge of non-payment of property tax, was opened on Thursday evening, following an order from the district and sessions court here. Principal district and sessions judge Anant Badar ordered the Pune Cantonment Board (PCB) to remove the seals on hearing an appeal filed [...] Continue Reading »
American property mogul Donald Trump‘s maiden real estate project in India is launched in Pune. Developed by Pune-based Panchshil Realty, ‘Trump Towers Pune’ is a residential project, which will mark the entry of the ‘Trump’ brand of luxury into the domestic real-estate market. With approvals ready and construction already started, the project is expected to [...] Continue Reading »
Real estate firm Kumar Urban Development announced that it will invest Rs 250 core to construct shopping complexes in Pune. The plan involves developing 6-7 shopping complexes in Pune which would consist of 450 shops. According to the management sources, the construction would start soon and be completed in the following 18 months. The Pune-based [...] Continue Reading »
While the civic bodies always seem to project themselves of running short on funds, a recent revelation in Maharashtra pictures inefficient collection machinery causing huge loss to the bodies. An Right To Information (RTI) query filed by two BJP corporators has revealed that 70,000 property holders in Pimpri-Chinchwad have not paid property tax dues, total [...] Continue Reading »
The ‘Trends in Green Buildings’ workshop organized by The Weekend Leader in Bangalore saw the gathering of leading architects, builders and renewable energy experts. The workshop highlighted the importance of green buildings and their relevance in India. The speakers engaged in conversation with budding architects drawn from some of the finest architecture schools in the [...] Continue Reading »
The country’s largest listed real estate company, DLF‘s shares increased by 1.2 percent of Rs 197 after a report that the company is selling its plot in Mumbai. The report said that the plot is being sold to Lodha group and a private equity company for Rs 2,800 crore. A report in Economic Times said [...] Continue Reading »
Godrej Properties, the real estate arm of Godrej Group has registered 70.64 per cent growth in consolidated net profit at Rs 17.15 crore for the quarter ended June 30 due to strong sales. The company had registered net profit of Rs 10.05 crore in the corresponding period last year. The firm’s total income grew by [...] Continue Reading »
