Real Estate Developers
The demand for retirement homes are increasing in India. Due to the increasing demand, Indian developers are now focusing on building homes exclusively for senior citizens. It is projected that India’s older population will rise by the middle of the century. According to United Nations Population Division, it is expected that people aged 60 and [...] Continue Reading »
Mantri Realty is all set to invest Rs 1,500 crore on six housing projects within the next few months. The realtor is planning to develop around a total of 2,300 flats in Mumbai, Pune, Bangalore, Gwalior and Solapur in the next three years. The demand for a project will be good if provided with good [...] Continue Reading »
Many leading developers are joining the league where sales volume has pushed down, some with marginal increase in net profit, some with no money and no buyers while some with declining profits. Oberoi realty, Mumbai based real estate company, reported a net profit of Rs 145.2 crore in last quarter of the 2012-13 fiscal against [...] Continue Reading »
The average rental value of a 2 BHK with 1200 sq ft in BTM Layout was Rs 10,000 a year ago, which has now become Rs 22,000. If the place has a park facing then the rate goes up by Rs 4000 extra. The price of a basic 2BHK apartment in this area starts from [...] Continue Reading »
Hosur Road in Bangalore has recently emerged as the hottest property destination as the area has witnessed a large number of real estate developments. Hosur Road has started to grow in terms of real estate developments after the growth of Electronic City. Hosur Road is a four to eight lane highway and is a part [...] Continue Reading »
Chennai- Leading four real estate developers have entered a joint venture and announced two exceptional residential projects in Chennai. The joint venture company, MMRF Realty & Infrastructure has been formed by top notch developers namely Mayflower Enterprises Private Limited, Mount Housing & Infrastructure Limited, Ramani Realtors Private Limited and Fairyland Foundations Private Limited. The company [...] Continue Reading »
During the January-March quarter, the real estate sector has seen an upward trend in sales volumes across the cities because of the new launches and discounts offered by developers, reported a real estate expert. It is said that, to attract buyers and increase sales, real estate developers have launched new projects at attractive prices, offer [...] Continue Reading »
The government is likely to come up with a Real estate Bill, which is pending in the parliament since 2009. The sector is in urgent need of this bill as the industry is known for foul business and less transparency are practiced widely. The real estate sector contributes five to six percent of the country’s [...] Continue Reading »
The MCHI Credai property exhibition, which spreads across 200,000 feet of land, will be held from April 11 to 14, 2013 at MMRDA Grounds. This is the 21st Real estate and Housing Finance Exhibition, where home buyers are welcomed and make the decision on home buying. The developers is going to showcase 12,000 plus properties spread [...] Continue Reading »
Gurgaon- With property prices increasing rapidly in Gurgaon, buying a property in the city has become extremely difficult for buyers of low-income group (LIG). Gurgaon has emerged as a favourite destination of many property investors and real estate developers. In order to support developers in building more and more affordable housing units, the government of [...] Continue Reading »
