Residential real estate
KB Royale is a luxurious project by Kataria Builteck which is set in a premium locality in Electronic City, Bangalore. The project is surrounded by leading IT companies of the city. It is off the National Highway (NH 7 – Hosur Road) with an adjacent additional elevated Expressway taking you to the heart of the [...] Continue Reading »
MJR Infrastructure is coming up with a gated community – MJR Gulmohar Avenue – in Bangalore having 41 triplex row houses. The project comprises of 4 BHK row houses with built up area ranging from 2905 sq ft to 3285 sq ft and it is close to the IT Hub, Brookefield. The price of the [...] Continue Reading »
The West Bengal government is planning to come up with a new policy for land acquisition that would be specifically meant for land owned by private individuals or groups. Since the auction route for land allocation is not favouring builders who are facing acute shortage of land for new development, the government has planned to [...] Continue Reading »
East Ville, a reputed project by Zahid’s Properties and Estates, is located on Ashoka Road, Bangalore in the midst of green heartland and a luxurious neighbourhood. The project is close to the city’s prominent centers and the airport. It comprises of well composed 3 BHK apartments with 2500 sq ft built up area. It promises to [...] Continue Reading »
Ahmedabad- Residential real estate sector of Ahmedabad has observed a fall of 18 percent in the number of new schemes that were launched in 2012, reveals data by Ahmedabad Municipal Corporation (AMC). While the number of plans approved in residential segment has dropped down significantly, the number of plans approved by the AMC in commercial [...] Continue Reading »
This year, the gross domestic product (GDP) growth rate of India has seen a down fall. It is expected that the reforms implemented by the government recently will help improve the real estate market next year. Over the past two years, the city has witnessed ample launches, which resulted in significant unsold inventory spread across [...] Continue Reading »
2013 has just began and Bangalore has started to feel the upbeat as North and East Bangalore is expected to see much real estate activity. In North and East Bangalore, many office spaces are coming up, the areas have good infrastructure with lot of land available. A higher official from Jones Lang LaSalle said that in terms [...] Continue Reading »
Mahadevapura which is located near the commercial hubs Whitefield and Brookfield has witnessed 20 percent capital appreciation during the October-December’12 quarter. The properties are now available at between Rs 4,500 to Rs 5,000 per sq ft which was available at Rs 3,500-4,000 per sq ft, according to the real estate brokers of that area. The [...] Continue Reading »
According to the report by a real estate firm, the developers have become more rational in launching their projects because of the subdued demand in the real estate sector. Bangalore saw 16, 543 units launched in 2012, compared to 32,816 in 2011, which means Bangalore has witnessed 50 percent drop. The overall new launches across [...] Continue Reading »
In 2012, the residential market was disturbed by weak business sentiments, high property prices, high labour cost and relatively higher mortgage rates which resulted in the decline of 30% in 2012 in comparison to a plunge of 7% in 2011, said a real estate consultancy. Real estate developers are really cautious of launching project as the gap [...] Continue Reading »
