Realty sector
The realty funds released by the banking sectors in Mangalore city has been in news now! Release of home loans are not stabilized in Mangalore, as the banks in city are comparing the realty market scenario with the other metro cities. However, the real estate experts feel that the city lacks industries and investments in [...] Continue Reading »
One group, well known for their various business verticals like; realty, engineering, sports goods and health care are now all set and ready to invest around Rs 250 crore in realty sector by 2014. This company initially started as a real estate developer and later on diversified into many sectors. However, with the plans of [...] Continue Reading »
The Maharashtra chief minister agreed new development control rules (DCR) at Mumbai on Tuesday. The implementation of this new rule is to eradicate the illegal practices in the realty industry. However, the policy’s emphasis denied saying that this new rule gives a clear picture about the revenue Brihanmumbai Municipal Corporation (BMC) earns from the builders [...] Continue Reading »
The state and central housing bill’s motto is to bring in more transparency and accountability in the Indian realty sector. Maharashtra has been the first most state to uphold strict laws in concern with the Maharashtra Housing Act, 2011. The citizens feel that this act has stringent norms in them being a barrier for a [...] Continue Reading »
Hyderabad realty sales went on pretty good during the year 2011. However, the city realty sales are no more the same; as the realty construction is on halt and the land sales have dropped down completely. The government order (GO 86) restrictions had paused building constructions in the congested zones in the city. Meanwhile the [...] Continue Reading »
The Kochi metro project is turning costlier day by day! The land acquisition in terms of metro rail expansion has brought in major change in the city’s realty sector. Rs 10.7 lakh land rate has been fixed by district level purchase committee (DLPC). This is a costly affair indeed! However, this land belongs to EPF, KSRTC [...] Continue Reading »
Realty sector in Bangalore and other metros is facing a crisis as unskilled labourers are leaving the construction work mid way. Labourers hailing from Bihar who had come to metros in the intention of earning big money have no longer interest in the city life. This is all because, their own state has become a [...] Continue Reading »
The property registration numbers has seen a major backdrop in Mumbai city. Since April 2011 the property rates have seen a sharp rise by 10 percent. The Prabhudas Lilladher report in Mumbai say that on monthly basis the property registration numbers have declined by 12 percent. Real estate experts say that there is minimum percentage [...] Continue Reading »
The property buying for the year 2011 was all driven by captured home buyers. The property transactions in India were down by 20 to 40 percent. Transactions in realty sector was a major headache for both the buyers and investors. Now that the year has almost come to an end, expectations for the year 2012 [...] Continue Reading »
Happy times are flowing for Bangalore city! Recently, Karnataka state was crowned for maintaining good transparency in realty sector and now Bangalore city is crowned as one of the affordable cities in India. This is a huge credit the city was waiting for from a long time. Real estate experts say that the city three [...] Continue Reading »
