Real Estate India
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 »
Alpine Housing launches its new project Alpine Pyramid, which is located off Bellary road, at Sahakarnagar. The project has been completed and will be ready to occupy soon. Alpine Pyramid is close to the Devanahalli New International Airport with several hospitals, educational institutions and supermarkets in its proximity. The project comprises of 2 and 3 [...] Continue Reading »
Scion Group is coming up with its brand new project ‘Scion El Dorado’ located at HBR Layout. The project offers only 3 BHK flats with size ranging from 1570 sq ft to 1635 sq ft. The price of the flats falls in the bracket of Rs 71 lakhs to Rs 74 lakhs. Scion El Dorado [...] Continue Reading »
The housing and urban poverty alleviation ministry (HUPA) minister Ajay Maken presented a new proposal requesting infrastructure status for housing sector and one-year extension of tax relief under Section 80-IB. HUPA asked he infrastructure status for the housing sector under Section 80IA of the income tax Act. The extension of the exemption for the service [...] Continue Reading »
Over the past seven years, the land and real estate prices have increased in tier II cities across Karnataka. The secondary cities across Karnataka where the real estate developers and buyers are showing interest are Mysore, Mangalore, Hubli-Dharwad, Belgaum, Gulbarga, Shimoga and Davanagere. Over the past three years the real estate prices in Mysore, Mangalore, Hubli-Dharwad, [...] Continue Reading »
In coming months, HDFC property funds may sell its stake in three residential projects back to the developers. HDFC property fund is a real estate-focused private equity (PE) fund of HDFC. With an investment of around Rs 219 crores($40 million), the company will have profit of around Rs 600 crore ($110 million). The three developers include Lodha [...] Continue Reading »
An official from Ghaziabad Development Authority (GDA) said that within two years the authority will build two lakh low cost housing units. Ghaziabad is divided into two parts; old Ghaziabad and new Ghaziabad. The old area has a rich traditional background and the new area has a modern and cosmopolitan character. Ghaziabad real estate has [...] Continue Reading »
After the huge success of the development of luxury apartments in Burj Khalifa in Dubai, Italian fashion designer Giorgio Armani is eying Indian luxury real estate. Earlier, Armani had tied up with Lodha group, the Mumbai based real estate developer and now he is planning to collaborate with Noida based Supertech to build Armani Tower. The Armani [...] Continue Reading »
Haryana Housing board is coming up with 10,000 house and flats which will cost around Rs 500 crore. Deepender Singh Hooda MP from Rohtak, said the residential colony would be developed by Housing Board at Jind road in Rohtak on 23rd December. Around 878 flats with 686 multi-story houses of different categories would be constructed [...] Continue Reading »
The year 2013 will be stable for the residential apartments in Mumbai real estate market. As per the reports, buying plans and demand of residential projects might rise in the coming year. The high prices of land, increased demand and significant increase in construction costs will not witness major correction in 2013. Apart from the [...] Continue Reading »
