Residential real estate
Crossings Republik is newly emerged NCR locality which is attracting lots of home buyers. Located on NH 24 bypass road, Crossings Republik is particularly attracting a lot of buyers for 3BHK multi-storey apartments. The key factor attracting buyers to Crossings Republik is its proximity to Noida. It is located at a distance of 6 km [...] Continue Reading »
The amount of unsold apartments are on the rise in the metropolitan cities. The main reason for this is believed to be the refusal of builders or developers to reduce prices. A meeting called up in the light of reports of increasing number of unsold flats in cities such as Mumbai, it is found that [...] Continue Reading »
A residential project in Bangalore worth Rs 100 crore was launched by Godrej Properties in a joint venture with actor Fardeen Khan and his sister Laila Khan. Godrej Gold Country, a 12-acre premium residential property, will come up on the outskirts of the city in Chikkabidarakallu village owned by late Bollywood actor Feroze Khan. Pirojsha [...] Continue Reading »
The housing and urban poverty alleviation ministry has stated that of the 17.95 million housing units that came up in the country between 2007 and 2012, 11.09 million houses, or nearly 62%, are either vacant or locked up. It throws a light on the practice of buying houses not for staying there but just to [...] Continue Reading »
Reserve Bank of India has announced a cut in the cash reserve ratio (CRR) by a quarter of a percentage point (25 basis points) to 4.5% in its policy review meeting. With the announcement, home and auto loans will gradually become cheaper over the next few months. However, the RBI disappointed industry by leaving repo [...] Continue Reading »
Vandana Group is a noted real estate developer and builder who has been delivering global-standard property since 2002. The Bangalore based group has developed close to half a million square feet of built area in Bangalore. With 9 year old professionally managed property development track record on its back, it has developed diverse projects across [...] Continue Reading »
Volume of home sales dropped in most micro markets across the country in the first quarter of the year. An Edelweiss research report states that home sales dropped the most in NCR, followed by Chennai and Hyderabad. Most developers across the country reported a seasonal decline. Revenues of 13 listed real estate firms declined by [...] Continue Reading »
Housing demand in Khargar, Navi Mumbai, is largely being driven by the 1BHK and smaller sized 2BHK segment. More and more customers are demanding smaller units in the range of approximately Rs 30-35 lakh. City based developers have established a strong foothold in Khargar, by offering affordable flats. These developers are catering to the high [...] Continue Reading »
Real estate major Unitech expects a sales realisation of Rs 400 crore over the next 2-3 years from a new premium housing project in Noida. Unitech launched a seven-acre housing project ‘Exquisite’ in Noida last week. Unitech, the country’s third largest realty firm, will develop 312 luxury apartments in the project. The sizes of the [...] Continue Reading »
Manesar, the industrial hub in Haryana that houses several automobile factories has a huge demand for residential units. However, there is very less number of houses which are ready to shift into right away. There is a shortage of houses and the recent unrest at the Maruti Manesar factory has made the situation worse. Residential [...] Continue Reading »
