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Apartments replace older homes: New trend in cities

Apartments replace older homes: New trend in cities
Lack of land availability and increasing demand for properties in prime city areas, developers are looking at redevelopment of old houses. It is usually a joint venture development wherein the developer signs an agreement with landowners, wherein the house owner will have the ownership of the plot while the builder develops an apartment complex on [...] Continue Reading »

Property prices not affected by low demand

Property prices not affected by low demand
Despite low demand for real estate projects in Kochi, realtors deny to reduce prices hoping that the sector will soon recover from the current situation. The average price of double bedroom flats in the city varies from Rs 35 lakh to Rs 45 lakh. Realtors say that majority of the apartment projects in Kochi were [...] Continue Reading »



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