real estate boom
Realty sector pins high hopes on the Modi Government and has expressed that they can fulfil the dream of ‘’Home for all’’ if their situation is safeguarded. If the real estate industry gets the ‘’Infrastructure Status’’ then as per the Govt. of India rules, they can enjoy the benefits of loans from banks and financial [...] Continue Reading »
There is good news for the real estate market as the banks and financial institutes are keen to lend for commercial and residential projects. Canara bank and Andhra bank and 4 other banks have formed a consortium to lend Rs 890 crore in bank finance to Mumbai based Lodha Builders for its residential project in [...] Continue Reading »
Jharkhand’s land registration department’s revenue is overflowing with increasing land rates. The government received Rs 171 crore in revenue in 2008-09, and in 2010-2011, the department has crossed 100%. With the coming of big brands and many educational institutions, demand is soaring, said realtors. The department already received Rs 418 crore and achieved 92 per [...] Continue Reading »
With NCR Planning Board giving green signal for projects like the Night Safari Park on the anvil, Yamuna Expressway Industrial Development Authority (YEIDA) has organised the chart for the development in the region. With the execution of the new master plan, the area will witness a rise in entertainment zones and industrial hubs with world-class [...] Continue Reading »
There are 150 societies in the district of Gautam Budh Nagar, Noida and about 25,000 flat owners. However, only 40% owners in the district have got their properties registered. The societies registered under Indian Societies Registration Act would have to pay 5% duty whereas those societies that are registered under Uttar Pradesh Cooperative Housing Society [...] Continue Reading »
India is now touted to be the next hub for tall buildings and high-rise structures due to high density and smaller building footprints offered by Indian cities. The recent real estate boom and urbanization witnessed by metropolitan cities like Mumbai, Hyderabad and smaller cities like Ahmedabad have contributed to the trend of vertical construction. “India [...] Continue Reading »
