Residential property
Element Capital, a real estate-focused private equity firm is in the process of launching a billion-dollar fund. They are planning to invest the amount in low-income housing, as it looks to take advantage of a revive property market. According to fund manager, the Element value Housing Fund is expected to launch by this August, has [...] Continue Reading »
If you are planning to buy a residential property next year, you are going to get many attractive mode and scope of payment scheme but there will be cut short of amenities and facilities in the project. Real estate developers understood that because of overpricing, the properties in India are not getting sold out and [...] Continue Reading »
Chandigarh- The upcoming developmental works related to the Chandigarh Municipal Corporation and UT department will face many problems if house tax is not paid on residential projects. Union government informed UT department about not granting any amount if there is non implementation of house tax. Knowing this Shivraj Patil, UT administrator and Punjab governor also demanded [...] Continue Reading »
The real estate market has been stable Pune, however, real estate factors like infrastructure development, employment opportunities and and areas like Hinjewadi, Tathawade, Ravet and Wakad have made Pune popular in the real estate market. These areas in Pune have been listed among the 13 top destinations in the country over the next five years [...] Continue Reading »
Kopare in Kharghar is witnessing rapid development. There are more than 30 new ready-to-move -in projects along with nine under-construction projects and another nine yet to be launched. Projects coming up in Kopare are Kesar Exotica by Kesar Group, Mahaveer Jyoti by Mahaveer Builders, Rosewood Heights by Tharwani Group, Shelter Park by Shelter Developers and [...] Continue Reading »
Chandigarh- The issue of imposing property tax on the residential properties in Chandigarh has created a rift between the officials and public representatives due to the pressure from the UT administration and the government. However, this issue has been dragged along as the mayor refused to form the agenda based on the issue regarding the detailed [...] Continue Reading »
Hyderabad- A survey conducted in Hyderabad showed that the residential property rentals have increased and have shifted from the affordable tag. The rental prices have increased by about 20% in the last six months which realtors blame towards the lack of new projects and increased demand for homes. Hitech areas like Gachibowli, Madhapur, Srinagar Colony, Banjara Hills and [...] Continue Reading »
Indian arm of AIG‘s global real-estate business has served a legal notice on Bangalore-based developer RMZ Corp. The notice came due to failure to let AIG exit its investment in a stalled joint venture in Hyderabad. AIG Global Real Estate India Advisors had invested Rs 350-crore in the mall project, which got delayed due to [...] Continue Reading »
The South Delhi Municiapal Corporation (SDMC) has decided to tackle the issue of property tax payers who have not been paying tax as per the rules. The civic body has taken on the property owners who have got the nature of their property converted from residential to commercial, but have been paying property tax as [...] Continue Reading »
Pocharam in East Hyderabad is a fast developing neighbourhood locality. The area has seen an increased interest from prospective buyers. As demand has been on the rise due to IT developments in the vicinity, more number of investors are looking to invest in residential property in the area. Located on Warangal Highway, the locality is set [...] Continue Reading »
