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Realty News

Civic body decides new policy for rooftop eateries

Civic body decides new policy for rooftop eateries
Mumbai- The Brihanmumbai Municipal Corporation (BMC) has decided to give new permits for rooftop eateries to hotels as the concept of rooftop eateries is growing. According to the new policy, the hotels which are planning to have a rooftop eating space need to follow two requirements. The first is that the terrace should be a part [...] Continue Reading »

Residential property prices rise in Ballygunge

Residential property prices rise in Ballygunge
Ballygunge has witnessed a strong demand for residential property which in turn pushes the funding prices. The area has well-developed commercial infrastructure as well as uncomplicated connectivity to any section of Kolkata. The modern projects unveiled furthermore boost require as well as go up within prices. Ballygunge is known as one of the prime localities [...] Continue Reading »

Naroda offers affordable houses

Naroda offers affordable houses
The real estate in Naroda, a Gujarat Industrial Development Corporation (GIDC), is booming and home buyers who are planning to buy a property within a range of Rs 8 lakhs to Rs 22 lakhs, then Naroda is the best option. Naroda has many national as well as multi-national company’s warehouses such as Parle G, Pepsi, [...] Continue Reading »

Royal Palms plans to sell its hotels

Royal Palms plans to sell its hotels
Mumbai- Real estate builder Royal Palms India is planning to sell four of its hotels in the city and hope to boost around Rs 2, 500 crore regarding enlargement as well as diversification in the farming industry. They have already bought 300 acres of agricultural land and planning to harvest high-paying crops, from grains to [...] Continue Reading »

Plots auctioned by the APHB fetches good price

Plots auctioned by the APHB fetches good price
Hyderabad- With a positive response towards the auctioned plots, the Andhra Pradesh Housing Board (APHB) has generated about Rs. 12 crore. This  auction by  the APHB was held after a gap of four years and got Rs 51,333 per square yard against the upset price of Rs 40,000 for a 252-sq yard plot at Phase-9 of Kukatpally Housing [...] Continue Reading »

India Inc. fights against black money in realty

India Inc. fights against black money in realty
Ulwe, a village with mess and uneven streets in the outskirts of Mumbai which even lacks basic facilities but flats in that area will cost you a bomb. The cost of the flats is beyond the reach of mediocre family. Home buyers who were planning to buy in this area said that many builders demand [...] Continue Reading »

Thalambur to witness largest villa project

Thalambur to witness largest villa project
Chennai- Leading real estate player of Chennai, Casa Grande, has just launched the largest villa project at Thalambur in Old Mahabalipuram Road (OMR). Spread across 18-acres of land in the city’s IT corridor, the project “Casa Grande Pavilion” will offer 350 residential units including independent luxury villas, twin villas and row houses. The amenities include [...] Continue Reading »

DB Realty planning to sell DB Hospitality stake

DB Realty planning to sell DB Hospitality stake
New Delhi- Real estate builder DB Realty said that its subsidiary DB Hospitality is trying to sell stake in proposed hotel project in Delhi International airport and discussions are still going on. In the processing towards the BSE, DB Real estate claimed that DB Hospitality Pvt Ltd (DBHPL) is usually possessing stake in order to [...] Continue Reading »

Rental values falling drastically in the metro cities

Rental values falling drastically in the metro cities
It has been found that there is a downfall in the rental value mainly in the metro cities, however, the price of the property remains constant. Rental values have reduced to one percent in the Mumbai Metropolitan Region and the National Capital Region (NCR) which was 3-5 percent in 2010 and 2-3 percent in 2011. [...] Continue Reading »

Real estate market boom in Medavakkam

Real estate market boom in Medavakkam
Chennai- According to a report by Knight Frank, in next five years Medavakkam is expected to outscore other residential hubs with regard to real estate property. Medavakkam is among 13 top investment destinations to appreciate more than 90 percent. The survey has taken a number of things into consideration such as lifestyle change, job creation [...] Continue Reading »



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