Real estate in India
The residents welfare association (RWA) of Orchid Petals received a stay order from the city court on taking over the maintenance of the entire township until the next hearing date when the builder will file a written submission on the issue. The residents of Orchid Petals complained that while the hearing of the court was [...] Continue Reading »
With the development of Yamuna Expressway, the land prices in this area have trebled and is now valued between Rs 25,000 to Rs 30,000 per square yard. Land mafia is now eyeing on the highly priced land along this area. Recently, the Yamuna Expressway Industrial Development Authority commented that mafia began to show interest in colonizing tracts [...] Continue Reading »
New Delhi- Real estate in India, in the present year 2013, seems to have a good start with many new launches, interest rate cuts, and quicker project approvals in progress. Finance minister P Chidambaram identified that many incomplete stalled projects could be resumed construction if supported by financial institutions. Reserve Bank of India (RBI) is [...] Continue Reading »
Property buyers will have many reasons now to cheer. The Real Estate (Regulation and Development) Bill is in its planning stage and Parliament is likely to discuss the same in its coming budget session. As per real estate experts, a strong law will be put forward to stop unethical and unscrupulous practices in the real [...] Continue Reading »
Gurgaon is witnessing high demand for home automation. The factors behind this high demand are new product offerings, greater influx of end-user demand and an increasing upwardly-mobile mid-segment, luxury and ultra-luxury housing projects. City-based home automation companies have witnessed over a 100 percent rise in their business in the past three years and are betting [...] Continue Reading »
The Government of Haryana is now looking forward to set up the Real Estate Regulatory Authority so that the real estate sector continues to boom and also to prevent the unscrupulous realtors from targeting the property buyers. According to sources, Gurgaon developers said that regulatory bill is a complicated long procedure. This new regulation will lengthen [...] Continue Reading »
Thanisandra, a locality in north Bangalore, has witnessed a 15 percent hike in the property values during the October-December quarter 2012. The highest and the lowest price for the properties stood at Rs 4,228 per sq ft and Rs 3,992 per sq ft, respectively in this area. According to a property adviser, many good projects by reputed [...] Continue Reading »
Civitech, a leading realty developer, is launching its new project Civitech Sampriti. Sampriti is an exclusive residential complex in a pollution free environment with lush green surroundings. Civitech Sampriti offers 2, 3 and 4 BHK apartments with area ranges from 1135 sq ft – 2380 sq ft. The price range of the apartments is Rs. [...] Continue Reading »
Godrej Group, one of the big players in fast moving consumer goods and consumer durable sector, is now heavily investing in the real estate sector and they are expecting it to be their largest business in the next 10 years. The $3.2 billion Godrej Group chairman said that in past few years, the company has [...] Continue Reading »
Real estate firms have forecasted that in near future, a correction in housing market can be witnessed. This can be due to drop in property sales in past 12 months. In December, rates of properties for sale in Mumbai was bit less while price growth in other Indian cities slowed. According to property research firm, [...] Continue Reading »
