Real Estate Developers
Prestige Group has recently launched Prestige Mayberry, a villa project in Whitefield, Bangalore. The project has two phases- Phase I will be developed over 1.21 lakh sq ft and Phase 2 will be spread over 3.87 lakh sq ft. Prestige Mayberry offers 166 villas with different sizes varying from 2483 sq ft to 3589 sq [...] Continue Reading »
Hennur, an area located in the northern part of Bangalore, has been emerging as a popular residential destination. The prime reason for the growing demand for residential real estate in this area is the close proximity to Bangalore international airport at Devanahalli. There was a rise of 9, 12 and 5 percent in property price [...] Continue Reading »
Jones Lang LaSalle, a global property consultant is planning to make an entry in the Bangalore real estate market. According to an expert, Jones Lang LaSalle’s Segregated Funds Group, will invest about Rs 30 crore in city-centric luxury residential projects in Bangalore. Jones Lang LaSalle has identified four sites in Bangalore and is into final [...] Continue Reading »
In the coming financial year (FY), retail sector is going to see a revived activity. Provided the actual economic developments and also the latest Union budget proposals, an economic revival is usually estimated from the second half of 2013, which in turn will increase the growth of real estate sector as well. Together with a [...] Continue Reading »
Hyderabad – The Union Budget 2013-14 has disappointed entire real estate industry by highly affecting the premium homes business in Hyderabad as it has increased service tax to 3.6 percent from erstwhile 3.09% for house worth Rs 1 crore or more (carpet area of 2,000 sq ft or more). According to the real estate developers [...] Continue Reading »
Sukruti Gardenia is a residential project by Unnathi Group. It is BIAAPA approved residential layout on IVC Road-NH-7, comprising of 314 of villa plots spread across 36 acres of land. This is a prime yet affordable land on the shores of one of the fastest developing areas in North Bangalore – work, business, leisure, hospitality, [...] Continue Reading »
Faridabad- Faridabad real estate is emerging as a hotspot destination for long-term investments in Delhi-NCR. The industrial growth and infrastructural development in the city promises vast growth opportunities for real estate sector. The rapid industrial growth in Faridabad is the key driving factor for investments in this region. Besides, tough competition from neighboring prime real [...] Continue Reading »
Chandigarh- Real estate developers of Haryana seem to be having issues with the Haryana government’s plan of constituting a real estate regulatory authority. They have requested time from the government for expressing their objections and opinions on the Haryana Real Estate (Regulation and Development Bill), 2013. The Haryana Town and Country Planning Department has prepared [...] Continue Reading »
Celebrity Housing has launched its new affordable project ‘Celebrity Square’ at Attibele-Sarjapur Main Road. The project is well connected to the rest of the city areas. Celebrity Square offers 2 and 3 BHK affordable homes with built up area ranging from 800 sq. ft. to 1100 sq. ft. The price of the apartments falls in [...] Continue Reading »
With the new ready reckoner (RR) in place by the state government, the black market in real estate sector is going to get dull. The use of black money in real estate transactions will be minimal. As per experts, the revised RR rates are equal to market rates at most of the localities in Mumbai. [...] Continue Reading »
