Real Estate Sector
Ahead of trial runs of the train, the Bangalore Metro Rail Corporation Ltd (BMRCL) is to start energizing the extra-high-voltage (EHV) and high-voltage (HV) installations along the stretch between Malleshwaram and Peenya. A senior official of the BMRCL explained that the power supply would be incorporated for various installations along this stretch in a phased [...] Continue Reading »
Hyderabad- From past few weeks the Telangana issue is coming into light which is indirectly affecting the real estate sector of Hyderabad. The impact is as both payment and inquiries count has decreased. It is expected it will remain the same by January 28, 2013. The deadline set by the Home Minister last month to decide the [...] Continue Reading »
Noida- The Greater Noida West (Noida Extension) home buyers are demanding the Greater Noida Authority and developers for the instant implementation of the UP Apartments Act. A homebuyer’s group called Noida Extension Flat Owners and Members Association (NEFOMA) made this demand due to the repeated cancellation of bookings and complaints about the arbitrary changes in projects by developers. In a meeting and a [...] Continue Reading »
This year, the gross domestic product (GDP) growth rate of India has seen a down fall. It is expected that the reforms implemented by the government recently will help improve the real estate market next year. Over the past two years, the city has witnessed ample launches, which resulted in significant unsold inventory spread across [...] Continue Reading »
New Delhi- One of the key ideas to increase the gross domestic product (GDP) growth in India are the reforms in the real estate sector. As per an official of a real estate association, the tax reforms and the steps to cater the low cost funds via external commercial borrowings will result in an increased GDP [...] Continue Reading »
2012 was a challenging year for both the home buyers and developers. Certain issues which the real estate market has witnessed in 2012 may continue this year because Delhi-NCR and Mumbai Metropolitan Region are struggling with less property sales due to unaffordable property prices. He added that the new rules for classification of restructured loans have led [...] Continue Reading »
Bangalore- Demand for residential properties in Budigere, located close to Hoskote Road, has been rising constantly owing to factors like good connectivity, availability of land parcels, and lower property rates. Budigere is located nearly ten kilometres away from Whitefield and ITPL, major IT hubs of Bangalore. Prime areas such as Old Madras Road, K R [...] Continue Reading »
Surat- The city’s realty sector has witnessed slow and steady progress in the year 2012. Many residential projects were launched in the city. In the year 2012, the capital value of residential projects noted an average escalation of 10-12 percent across the city. This news was confirmed by National Housing Bank (NHB) when they realised the residex [...] Continue Reading »
Jaipur - Before the Jaipur Development Authority (JDA) announced the hike in Reserve Price, the land rates in Jaipur have increased. Previously, the Reserve Price was hiked in 2009. The booming real estate sector in the city has been the major factor for the increase in land prices. Although the increase in land price is good for [...] Continue Reading »
Jaipur- If you are planning to invest your money at right place, then Jaipur would be a great option for you. The city houses maximum number of upcoming residential projects compared to other upcoming small cities. It is thought that this city has great potential for price stability, demand growth and quality of infrastructure which is will soon [...] Continue Reading »
