Realty sector
Mall owners in the Bangalore city are being forced to attract retailers by making irresistible offers in an inactive market. Some of the mall owners cut rent by 30 per cent to woo retailers, while some others are waiving off the maximum guarantee that retailers to pay, or are offering a three-months rent free and [...] Continue Reading »
After three years of decline, Dubai is witnessing a recovery in the real estate market. Prices of apartments and villas have increased up to nine per cent and 16 per cent respectively here during the first half of this year. According to a report by the property management firm Asteco, apartment rents have risen by up [...] Continue Reading »
Ghaziabad real estate has plummeted by more than 10 per cent, as an outcome of the economic slowdown. Builders and developers are unable to reduce the ever increasing input costs which further lead to a hike in equated monthly installments (EMIs). Along with rising input costs and EMIs, other factors such as rising interest rates, higher land [...] Continue Reading »
The realty market in India is in a bad shape. The expectation of the sector on the budget was not fulfill to that extent. The good news for the realty sector is the allowance of External Commercial Borrowings for low cost affordable housing projects. The withholding tax also reduces to 5% from 20% on ECBs [...] Continue Reading »
Keeping apart the blues of present Indian realty sector, one of the developer in Mumbai has gained attention by offering attractive realty packages! The Royal Palms Estates, Mumbai’s leading developer has enabled the buyers to get office spaces as one dreamed of! Sounds pretty interesting! yes, Royal Palms Estates is offering business and commercial suites [...] Continue Reading »
Whatever might be the realty scenario in Bangalore city, the new residential and commercial launches are still growing in a good pace! The builders and developers are to be appreciated who are showing positive growth midst cash crunch and other drop downs in realty sector. To prove the same recently NBR Land Developers, a reputed [...] Continue Reading »
The launch of Metro Phase-I has drastically brought in changes at realty sector in Bangalore city. The property prices in the city has increased beyond imagination. This came as a complete surprising news, however its a fact that all of us should accept and go on with the over night raise in property prices. The [...] Continue Reading »
“Investment returns” is the highlight of the apartment project Vakil Heights in Bangalore! The builder Vakil Housing is taking a giant leap step in Bangalore realty sector with its new apartment project launch “Vakil Heights“. Whatever a property buyer invests on his property, best of best facilities and worth stay is all what they look [...] Continue Reading »
The Revised Master Plan (RMP) 2015 for Bangalore city is throwing a spot light on securing the realty sector. Recently, the Karnataka High Court has directed the concerned authorities to stop issuing permission for mixed land use. It has been learnt that the residential zones are being used for commercial purposes. A Division Bench comprising [...] Continue Reading »
The Cash Reserve Ratio (CRR) rates has been cut down by the Reserve Bank of India (RBI). The Confederation of Real Estate Developers’ Associations of India (CREDAI) is all happy to welcome the cut down of CRR rates by 50 base points. This policy is said to improve the liquidity in the realty sector. Now, [...] Continue Reading »
