Residential projects in India
Dharuhera in Haryana will get a new housing project from Raheja Developer. 640 apartments will be constructed in the housing project named ‘Oma‘. It will be one of the tallest building in the area with 40 storeys. The Raheja group is targeting the NRIs and the working individuals in the industrial areas nearby. The project [...] Continue Reading »
According to the different Realtors, the union Budget 2012 came up as a disappointing budget for the middle range of home buyers. Due to the rise in service tax the cost of construction of real estate projects will increase by Rs 50 to 150 per square feet from the coming April, 2012. External commercial borrowing [...] Continue Reading »
A good announcement for the realty sector. Government has formed a committee to enhance the clearance process for the real estate developments. The finance minister informed this in a customary meeting with the industry leaders. He also informed that the initial concentration of the group is on the coming power projects, the access to coal [...] Continue Reading »
The real estate market is looking at the coming Budget 2012. the industry is expecting some sensible announcement in the budget, that will increase the affordability of apartments among the buyers. The industry is in trouble due to high lending rates and increasing cost of construction material. These incremental prices altogether increase the cost of [...] Continue Reading »
The Central Government made it clear for the real estate industry that the approval of disaster management authority and a clearance from environment department is a must for high rise apartments in India. Government implemented such an initiative to overcome the threat of clogging traffic and fire safety. Government also set the target to access [...] Continue Reading »
According to a recent survey made in all major cities in India, it is found that most of the Real Estate projects in India are running behind the schedule. The scenario is worst in the capital city. According to the survey the builders in Bangalore and Mumbai are working more efficiently than other parts of [...] Continue Reading »
The present realty situation has paused the launch of new residential projects in entire India. There are plenty of pending projects which were constructed during previous year and have not been sold! The developers and builders in Hyderabad have therefore planned to push these pending projects and then plan for new launches. In these realty [...] Continue Reading »
