real estate builders
Real estate developers have to deposit one per cent of the project cost to Bhubaneswar Municipal Corporation (BMC) in advance so that the civic body may build infrastructure such as drains, streetlights and roads. Such deposit would be mandatory for obtaining building plan approval from the Bhubaneswar Development Authority (BDA) without which construction work can’t [...] Continue Reading »
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »
Mumbai- Real estate developers who were not able to rent out malls or facing tough time in building shops is expected to look up after the parliament cleared the foreign direct investment (FDI) in multi-brand retail. According to Jones Lang LaSalle, a real estate consultancy, India has recorded a dropdown in the supply of rental [...] Continue Reading »
The age of bricks and mortar are over. Now the real estate builders are opting for alternate products and materials for the construction of properties in India. In place of traditional bricks, the builders are now using aerated blocks, which are said to be more durable and lightweight. These blocks are also moisture resistant. UPVC [...] Continue Reading »
The Indirapuram locality also known as New Ghaziabad is one of the realty hot spot in India. The real estate builders and developers are catering the needs of property buyers based on the current trend. Therefore, Indirapuram is drawing major residential property sales. The facilities looked for in an individual house or an apartment in [...] Continue Reading »
A notice was issued to Shapoorji Pallonji on a public interest litigation (PIL) alleging illegal transaction of money. The order was ruled out against a petition alleged that Pallonji’s real estate company had given an illegal gratification of Rs 250 crore to a company owned by Nitesh Thakur. According to the income tax department both [...] Continue Reading »
Real estate builders like DB Group, DLF, Eros, Leela and Royal Orchid Hotels are planning to sell their hotels to reduce the debt amount. The companies had taken a huge debt while expanding business a few years ago. As the market is slowing down, the debt amount has mounded. Hence to come out from the [...] Continue Reading »
The RBI has announced to reduce the repo rate. This decision has raised the hope of the real estate market in Tricity. The real estate in Tricity have seen a major slowdown in last year. The rate cut by RBI will help the buyers to invest into the residential projects. The realty market in Tricity [...] Continue Reading »
The real estate builders and developers must search for alternate source of funding as Private Equity funds are not showing interest in investing into real estate projects in India. The investment volumes as well as the number of investment in real estate projects has been reduced in last one year. As the growth rate and [...] Continue Reading »
The real estate builders have too many concerns to sort out before planning or launching apartments in India. Religion, cast, creed, race nothing has not been out of people’s mindset no matter how much ever well settled and qualifies they are! It has been learnt that maximum number of population from different parts of India [...] Continue Reading »
