Realty News
Developers in Hyderabad are all geared up to plunge into real estate as the competitive pricing has boosted their confidence. The city is also witnessing a great change in terms of commercial properties as firms like Amazon, TCS and Oracle have been expanded. It is predicted that the absorption rate of both commercial and residential properties will create [...] Continue Reading »
Majority of the builders have starting selling apartments on the basis of carpet area instead of the super built-up area after years of delay and now it has become the norm. Even the buyers are ready to pay as they have to pay for the actual area of their property. The best thing about it [...] Continue Reading »
Property investments remains dull despite attractive offers and aggressive marketing. The reason for the slowdown in real estate is because of the high property prices and unusual rise in the cost of materials used for construction, says the ASSOCHAM survey. On the eve of festival, there was a growth of only 20 percent compared to [...] Continue Reading »
A 22 cottah plot of land in Rajarhat, Kolkata has been sold out to set up a polyclinic cum daycare centre has drawn Rs 6.85 crore in an auction. November 9 was the last day of application. The New Town lacks polyclinics and hospitals, so the residents have to depend on neighbouring areas. To bring [...] Continue Reading »
A recent announcement made by the real estate developer, DLF stated that they are expecting to sell of their luxury hotel chain; Aman Resorts along with the sale of its wind power business in few months. These transactions will help the firm to achieve the net debt level of about 18,000 crore by the end [...] Continue Reading »
The Bangalore Metropolitan Task Force (BMTF) has registered a case against the real estate company DLF, a former administrator of the Bruhat Bangalore Mahanagara Palike (BBMP), and a former Commissioner of the Bangalore Development Authority (BDA). The First Information Report (FIR) registered states that a former commissioner of the BDA, the then administrator of the [...] Continue Reading »
The Andhra Pradesh Housing Board (APHB) has decided to resume the auction of the plots after a delay of four years as the real estate has been witnessing a development. The date given for the current phase of auction is November 22 wherein the board will display about 14 plots in Kukatpally Housing Board (KPHB) Colony [...] Continue Reading »
A third Property Show 2012 was organised by the Andhra Pradesh Real Estate Developers’ Association (APREDA) consisting of about 200 stalls over an area of 70000 sft. The event will was held at Hitex from November 10-11 followed by a conference on November 10. The event was themed as ‘Real Estate-Accelerating the growth story’ and was [...] Continue Reading »
The property sale has not picked up but the builders are increasing the prices to attract property buyers. According to the real estate brokerage firm, Groffr.com’s report, in the last three months (August-October) the property rates have gone up almost by 6 percent. It is said that the developers are mainly hiking rates in projects which [...] Continue Reading »
The first day of real estate expo organised by the Times at Vivanta had a good start and the footfalls are expected to increase even higher in the second day. Around 17 real estate companies took part in the expo. This is an annual event and the sixth Times Property Expo that is happening in [...] Continue Reading »
