Real estate in India
A report by Knight Frank Research has found that Technical Group on the Estimation of Housing Shortage has claimed that India has shortage in fresh supply of properties and the number has gone up to 18.78 million in 2012. The slum population is approximated at 94.98 million in 2012 which is more as against mere 1.6 million [...] Continue Reading »
Gurgaon- Renowned realty developer, IREO has come up with its new IREO Gurgaon Hills project in Gwal Pahari, Gurgaon. IREO Gurgaon Hills is located at five minutes distance from Golf Course Road which is a most happening place in Gurgaon. The project is situated very close to Delhi too. Being located closed to Gurgaon-Faridabad road, the [...] Continue Reading »
The South Delhi Municipal Corporation has started demolishing illegal buildings in Hauz Khas. The corporation successfully demolished two illegal constructions in the Hauz Khas village. As per officials, stringent action will be taken against all the illegal constructions taken place after February 2007. This issue was highlighted in the media and was also discussed in [...] Continue Reading »
In a move to bring in relief to the developers, the Ministry of Housing & Urban Poverty Alleviation decided to keep the commercial offices and shops out of the purview of the Real Estate ( Regulation & Development) Bill. According to officials, the bill will only regulate the housing sector. For now, the current draft [...] Continue Reading »
The widening of a road in Vasant Kunj has been stayed by a district court on a petition by residents. The residents complained that the construction violates their right over the land and their safety is at risk. The road widening work was done to develop an all new, congestion-free link to the airport and [...] Continue Reading »
New Delhi- With more and more number of green buildings sprawling across the country, the environment ministry has decided to relax the green building norms in an attempt to foster which has been impacted with the high interest rates. A large number of buildings will be de-linked by the ministry as the buildings can come [...] Continue Reading »
Dwarkadhis, a well known real estate company of promotion and town planning, is coming up with its new housing project of 2, 3 and 3+SR bedrooms. The project ‘Aravalli Heights’ spread across 22 acres. The project site is just 800 meters from NH-8. The project has ultra-modern technologies, its designs are of innovative ideas with [...] Continue Reading »
Logix Group has launched its first residential project “Blossom County”, which comprises of 2,3,and 4 BHK apartments in Noida sector 137. The project has penthouses along with residential apartments and spread across an area of 25 acres. The project follows the concept of ‘Green Homes’ and has been designed by world famous architects. It provides [...] Continue Reading »
Omaxe, a realty firm, has witnessed a rise of a 34% in their sales booking at Rs. 1574 crore in the initial nine months of the this financial year with higher quantity and improvised realisation. According to an analyst, Omaxe has reached sales bookings of Rs. 1574 crore during April-December of 2012-13 financial year compared [...] Continue Reading »
In recent times, Koregaon park has emerged as one of the most sought after residential real estate destinations in Pune. The commercial real estate sector is also in a growing trend in this locality. This is due to the presence of wide range of offices, malls, hospitals, schools, colleges, entertainment facilities, among many others in [...] Continue Reading »
