Realty News
Salarpuria Sattva, a renowned real estate developer has acquired more land in Bangalore for future projects. The developer has acquired around 300 acres in Sarjapur and Whitefield area for development of projects. It has plans of developing nearly 30 million sq ft on the lands acquired. All types of developments ranging from residential complexes, apartments, [...] Continue Reading »
It is all because of BBMP who will make it possible for slum dwellers to stay near a mall. Slum dwellers of Ejipura will soon shift to a new group housing complex which will be constructed besides a mall. The proposal of developing a housing complex and a mall in the Koramangala area was signed [...] Continue Reading »
2012 is a promising year for the realty sector in Bangalore! With the Reserve Bank of India (RBI) soothing the home loan rates and property prices slightly coming down in certain part of the city. Real estate experts say that with the new upcoming launches in this year, the property prices are expected to remain [...] Continue Reading »
Mumbai saw a dip in residential projects being launched this year due the long lasting effect of the slump in realty market. As per a report by property consultants Knight Frank, as planned out of 54,968 units, only 19,470 residential units were launched in Mumbai in 2011. The upside down projection in realty market is [...] Continue Reading »
A renowned real estate group, Puravankara Projects is to sell three commercial properties to clear off its rising debts. The properties are located in Bangalore and Chennai and will be sold at around Rs 250 crore. Currently, the group has an outstanding debt of Rs 1,160 crore as the profit has been down by almost [...] Continue Reading »
During the time when whole of real estate market is witnessing a downward graph, some investors have entered the market as angels. They have showered their blessings on it during its bad phase. The worries of buyers, builders and financiers are coming to an end as investors are setting in to set the market right. [...] Continue Reading »
Jalahalli located in the northern part of Bangalore city is an eye catching locality for its greenery. Initially the area was developed by industrial sectors like; Bharat Electronics Limited (BEL), CMTI, Hindustan Machine Tools (HMT), the packaging unit of Tata Tea Ltd and Airforce station spread across all four corners of the locality. If these [...] Continue Reading »
The sharp rise in home loan interest rates and the inflationary pressures prevailed throughout the year 2011. Real estate experts say that they are surprised to witness good growth in the realty market. It is a fact that the realty sales in the first quarter of the year dropped down completely. However, in a slow [...] Continue Reading »
Housing sector in Bangalore has risen up in the real estate sector after the 2008 slump in real estate sector. Recently in a 5 grade scale, Bangalore has scored 2.8 and got the third spot, Ahmedabad being first with 3.1 followed by Hyderabad with 2.9 score. Generally, all the other cities were badly hit by [...] Continue Reading »
A major venture has been witnessed in recent times. Century Real Estate Holdings, a branch of Century Group has gained a revenue of Rs 100 crore from non banking financial company (NBFC) of JM Financial Ltd. The real estate group is based in Bangalore and the capital will be used for development of three land [...] Continue Reading »
