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Real estate trusts to invest in rental properties

Real estate trusts to invest in rental properties
Government is working on a new proposal which will allow the real estate  investment trusts to participate in the country’s rental housing market. According to Ajay Makan, housing and urban poverty alleviation minister, the ministry is trying to frame a policy paper on REITs which will soon be taken up by the finance ministry. This [...] Continue Reading »

House rent increases by 15% in Dwarka sector 4

House rent increases by 15% in Dwarka sector 4
Multi storey apartments in Dwarka have witnessed a steep hike in rental prices and the Sector 4, which is located in the heart of Dwarka is enjoying a noticeable rise in rental prices. As per sources, there is a 15 percent rise in the rental prices in Dwarka during July-September 2012 quarter sector 4. Owing [...] Continue Reading »

Monthly rentals increasing in Hyderabad properties

Monthly rentals increasing in Hyderabad properties
A.S. Rao Nagar is emerging as costliest rental localities in Hyderabad. The place has witnessed the steepest hike of 26.7% in monthly rentals that rose to Rs 95 per sqft. Punjagutta area of Hyderabad is another hotspot destination for the residents. The rental rates has increased upto Rs 120 per sq ft with a 20 [...] Continue Reading »



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