Real Estate Sector
New Delhi: The environment ministry will soon decide on a second set of major reforms in the green norms meant for SEZs, roads and the real estate sector, especially multi-storey buildings. Following strong pressure from industry lobbies as well as pressure from within the government to have a more “industry-friendly” green norms, the ministry had [...] Continue Reading »
During the January-March quarter, the real estate sector has seen an upward trend in sales volumes across the cities because of the new launches and discounts offered by developers, reported a real estate expert. It is said that, to attract buyers and increase sales, real estate developers have launched new projects at attractive prices, offer [...] Continue Reading »
Supertech is set to launch its new luxury residential project “ORB” at Sector 74, Noida.This project is a part of a 50-acre integrated township (Capetown) in Sector-74. This project offers features such as unique circular shaped towers, adjoining 100acres City Park, vaastu and Feng-Shui friendly, 24 hour water and power supply, security System with intercom, [...] Continue Reading »
Salapuria Senorita is an ongoing project by Salarpuria Sattva Group with a huge open space located at Sarjapur Road. The project is spread over 4 acres of land and is expected to complete by July 2015. The project comprises of 349 apartments with a choice of 2 and 3 BHK units ranging from 1,540 sq [...] Continue Reading »
New Delhi: Realty developers are likely to seek finance ministry’s help against the proposed property tax to be imposed on property sales. The realtors are worried that the additional tax would curb the growth of the real estate sector which is already facing slowdown. By inserting Section 43CA in the Income Tax Act, the government [...] Continue Reading »
Because of narrow road, criss-crossing traffic and lack of footpaths, pedestrians have to be careful while walking under the Vijaynagar Metro work site, as they may get hit by vehicles anytime. The list goes on. Motorists and pedestrians also have to be alert to ensure that on the look out for nuts, bolts, tools and [...] Continue Reading »
Reserve Bank of India (RBI) has announced the second repo rate cut of 0.25 percent (25 basis points) to 7.50 percent. Earlier, a similar cut was declared on January 29, 2013. This has adjusted the reverse repo rate to 6.50 percent and the Bank Rate to 8.50 percent. The Cash Reserve Ratio (CRR) has been [...] Continue Reading »
Platinum Green is a residential layout by Shabu Developers spread across 40 acres of scenic landscape. It is located at Bagalur City, near Sarjapur road at a walkable distance from Bagalur Bus Stand. The project is ready to occupy. The project comprises of plots with different area ranging from 1200 to 3000 sq ft. The [...] Continue Reading »
In the coming financial year (FY), retail sector is going to see a revived activity. Provided the actual economic developments and also the latest Union budget proposals, an economic revival is usually estimated from the second half of 2013, which in turn will increase the growth of real estate sector as well. Together with a [...] Continue Reading »
Among all the regions under National Capital Region (NCR), Gurgaon is witnessing fast growth in terms of real estate sector, and particularly it is growing in the luxury housing sector. Although most of the builders are launching high end luxury projects as they have always been in demand, nowadays, the demand for mid-segment luxury projects [...] Continue Reading »
