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Residential property

Buying a house can be treated as postretirement benefit

Buying a house can be treated as postretirement benefit
Most of the people in India prefer to buy a house as a residential property. One who had invested in purchasing a residential property in India, can enjoy different benefits after retirement. A property in India can be used as collateral and the owner can take a loan to supplement his post-retirement income. But this [...] Continue Reading »

Real estate growing in East Bangalore

Real estate growing in East Bangalore
With the growth of IT industry and IT parks in the eastern part of Bangalore, the residential projects are coming up rapidly in Marathalli, Kundalahalli, Whitefield, Devarabeesanahalli, Bellandur, and Hoskote. The residential projects in these areas are also supported by development of international schools, super-specialty hospitals, retail outlets, and showrooms of top brands, multi cuisine [...] Continue Reading »

Rental properties in Pune are witnessing high demand

Rental properties in Pune are witnessing high demand
Pune has witnessed a consistent real estate market in the last few years and continues to be one of the prime cities for residential investment. A high migrant influx offers a robust market for rental property in Pune. Growth of the industries in Pune has stimulated the growth of the real estate market. The demand [...] Continue Reading »

Get ready to face property price hike again!

Get ready to face property price hike again!
Again property price hike? Yes, property buyers in Bangalore city get ready face the burnt of 15 per cent hike down the lane in 6 to 8 months. The residential real estate market in Bangalore is fluctuating! No wonder the prices of apartments in Bangalore is sky rocketing! The recent research by Nirmal Bang, a brokerage [...] Continue Reading »

Residential properties in Gurgaon witnessing a slow execution

Residential properties in Gurgaon witnessing a slow execution
Gurgaon residential sector observed 30% to 35% rise in capital values in residential property. On the other hand the execution of properties slow down due to the high debt rate and crunch in liquid fund. But the market opportunity in Gurgaon is considered to be higher than other markets. The improvement in infrastructure in terms [...] Continue Reading »

Thousands of new realty projects to be launched!

Thousands of new realty projects to be launched!
Indian realty is facing a downfall, developers and builders have lost hope of the realty scenario seeing growth during the year 2012. However, even with such a kind of situation, many of the realty sectors are planning to launch thousands of realty projects. All what the builders are looking forward is for soothing of Reserve [...] Continue Reading »

RMZ Corp plans on entering residential realty

RMZ Corp plans on entering residential realty
The renowned real estate group RMZ Corp wants to change its course of work into residential projects. The firm based in Bangalore has plans of entering residential realty market as it might sum up more profit for the company. As per plans, the firm wants to concentrate in 60:40 ratio for residential and commercial projects [...] Continue Reading »

Illegal property on demolition drive

Illegal property on demolition drive
This time, it was south Delhi illegal properties turn to get hit into the ground! The Municipal Corporation of Delhi (MCD) demolished six properties and sealed eight illegal properties. The MCD officials say that they had to carry on the demolition drive without showing any mercy as they were huge massive illegal structures. Also MCD [...] Continue Reading »

Police inspector held for claiming crores of illegal property

Police inspector held for claiming crores of illegal property
The investigation made against Kalyan police inspector CS Mali revealed crores of investment made in residential and commercial properties. This police officer was arrested on occasion of demanding and accepting bribes. The Anti-Corruption Bureau (ACB) underwent a thorough investigation and got a set of property documents related to three flats, shops in Gopi cine mall, [...] Continue Reading »

Sale of residential units drops down

Sale of residential units drops down
In Bangalore, the residential property market has dropped down drastically in concern with the hike in property prices and rising interest rates. Even with the end of year 2011, Bangalore city has around 31,208 units and Bellary has 19 percent of unsold housing units as per the Jones Lang LaSalle’s real estate intelligence service report. [...] Continue Reading »



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