Real Estate Developers
Koramangala, which is a prime location in Bangalore has sprung up as a lucrative realty hotspot in the past few years. So if you are planning to buy or invest in a property, this is the right time to act. Koramangala has developed as a premium residential market as the area is well connected and [...] Continue Reading »
Purvankara has just launched its new premium residential project ‘Purva Whitehall’ at Sarjapur Road next to Total Mall. The project comprises of 192 luxury units having a combination of 3 and 4 BHK apartments. The project is expected to get completed by end of 2015. The built up area of the apartments ranges from 1935 [...] Continue Reading »
Affordable housing remains the most critical issue in Gujarat, say experts. Experts from various sector opine that the issue has reached critical dimensions due to the state’s high urbanization growth rate compared to other states. The state witnessed political clashes during assembly elections based on the issue. Gujarat Congress declared ‘own house’ or ‘Ghar nu [...] Continue Reading »
2013 has just began and Bangalore has started to feel the upbeat as North and East Bangalore is expected to see much real estate activity. In North and East Bangalore, many office spaces are coming up, the areas have good infrastructure with lot of land available. A higher official from Jones Lang LaSalle said that in terms [...] Continue Reading »
In 2013, the real estate sector is to witness transformation. Real estate (Regulation and Development) Bill which was pending since 2009 is expected to come up in the budget session of parliament in February. The Bill will empower consumers and enforce discipline among property developers and it proposes to set up an industry regulator along the lines [...] Continue Reading »
Developers are expecting a positive future for the real estate sector this year with the government’s plan to give the sector favourable policies and industry status. The real estate sector has eagerly been waiting for the industry status. However, there is an increased demand for the industry status because of the growing demand with limited funds, less [...] Continue Reading »
The Bangalore based real estate developer, Prestige Group is planning to spread out their real estate business in 2013. A higher official of Prestige group believes that there are many areas in Bangalore which are fast approaching saturation because of infrastructural constraints. One can expect improvement and increased development in selected areas in Bangalore including townships in [...] Continue Reading »
According to the report by a real estate firm, the developers have become more rational in launching their projects because of the subdued demand in the real estate sector. Bangalore saw 16, 543 units launched in 2012, compared to 32,816 in 2011, which means Bangalore has witnessed 50 percent drop. The overall new launches across [...] Continue Reading »
In 2012, the residential market was disturbed by weak business sentiments, high property prices, high labour cost and relatively higher mortgage rates which resulted in the decline of 30% in 2012 in comparison to a plunge of 7% in 2011, said a real estate consultancy. Real estate developers are really cautious of launching project as the gap [...] Continue Reading »
Delhi NCR- National Green Tribunal (NGT) has issued notices to the principal conservator of forest and the chief secretary of Haryana, with regard to the encroachment of common hilly and forest land in Aravalis by private builders. The issue was brought to the notice of the Green Tribunal through a news report considering the possible [...] Continue Reading »
