Real Estate Developers
The real estate developers of Delhi are resting at ease as the master plan for Greater Noida 2021 gets a step closer to approval. They believe that they would be able to resume construction once the National Capital Region Planning Board (NCRPB) gives the proposal a go-ahead. Though the final clearance from NCRPB is yet [...] Continue Reading »
Being hit by increased land rates, lack of funds and high interest rates, the real estate sector of India has again been demanding for industry status. Despite the fact that 10 per cent GDP is contributed by realty sector which is the second largest employment provider of the nation, the central government is not giving [...] Continue Reading »
Many real estate developers are entering the educational sector as many international schools in the city are run by one realtor or the other. For instance, Prestige Group promotes Inventure Academy, Mantri Developers is among the trustees of Indus International, Salarpuria Sattva has taken over Greenwood High, Gopalan Group runs Gopalan International School, and many [...] Continue Reading »
Shravan Gupta, managing director (MD) of Emaar MGF, one of the India’s leading real estate developers, has moved a ‘recall’ of the non-bailable arrest warrant petition in the CBI court as the court issued a lookout notice to him. The petition states that Gupta, one of the accused in the Emaar case, is unable to [...] Continue Reading »
When several real estate developers in India have refused to abide by the code of conduct lay down by CREDAI, the builders association has expelled those developers, while some have resigned discontinuing their involvement with the organization. The builders have refused to sign the association’s code of conduct as they are not convinced by the [...] Continue Reading »
In Mumbai, according to the recent real estate report it was revealed that around 35000 housing sectors is kept unsold! The real estate developers and builders are more worried about the unsold apartments in Mumbai city. The total value of unsold properties in Mumbai is around Rs 8,535 crore and it has been predicted that [...] Continue Reading »
The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time. Even in such a kind of scenario, the property prices are increasing. According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore. When compared to year 2011, the property [...] Continue Reading »
Luxury homes should not necessarily mean the most costliest property in the real estate market! However, each one of us have our own ways of defining the concept of “luxury homes”. Depending on individual social status and lifestyle, the property buyers are categorizing this concept. In the similar way real estate developers cater “luxury homes” [...] Continue Reading »
According to the real estate experts from Hyderabad, the home buyers have high expectations. The home buyers are looking out for three major features before investing on properties in Hyderabad. The best amenities-facilities, quality construction and timely delivery of the property are three key factors property buyers are looking forward for! It is well known [...] Continue Reading »
The builders of Mumbai and NCR have suddenly stopped bargaining on the cost of apartments in Mumbai. There are several incidents happening now a days where builders are withdrawing any discounts proposed earlier. The recent repo rate cut by the Reserve Bank of India has made real estate developers hopeful that sales would pick up [...] Continue Reading »
