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Ready-to-Move-in Properties: The new trend in the residential real estate sector

Ready-to-Move-in Properties: The new trend in the residential real estate sector
Sumit Jain, the Co-founder and CEO of CommonFloor.com has observed an interesting trend over the last one year in the Indian real estate market. There is an increased demand for ready-to-move-in properties. The main factor which is responsible for this rise in demand is the inordinate delay in project delivery. Due to this the home [...] Continue Reading »

People prefer ready to move in flats

People prefer ready to move in flats
The delays in project execution & under construction properties has made several home buyers opt for ready-to-move-in properties. This was revealed by a survey of first-time homebuyers across the country conducted by one of property portal recently. As many as 43 percent respondents showed preference for ready-to-move-in properties in the survey. This can be considered a [...] Continue Reading »

Commercial buildings in Jaipur sighted on grounds of violation

Commercial buildings in Jaipur sighted on grounds of violation
A survey that has been conducted by the Jaipur Development Authority (JDA) turned out to be an eye opener. The survey by JDA has revealed that majority of thee big commercial buildings and other projects that have been constructed during past 13 years have not adhered to the maps that was approved by the building [...] Continue Reading »

India ranks 24th as preferred global manufacturing destination

India ranks 24th as preferred global manufacturing destination
In a survey by Cushman & Wakefield, India has emerged as 24th most preferred global manufacturing destination in the world. The report is titled ‘Where in the World : Manufacturing Index 2014’. The report ranks 30 global manufacturing destinations across the world on factors that are likely to affect the successful operation of production facilities [...] Continue Reading »

Survey puts Mumbai, Delhi amongst world’s cheapest cities to live

Survey puts Mumbai, Delhi amongst world’s cheapest cities to live
According to Economist Intelligence Unit’s (EIU) 2014 ‘Worldwide Cost of Living’ survey released in London, Mumbai has emerged as the world’s cheapest city to live in, followed closely by New Delhi at third place. Singapore has emerged as the world’s most expensive city. The survey is designed as a relocation tool that uses New York [...] Continue Reading »

Chennai Corporation to find 360 new parking lots

Chennai Corporation to find 360 new parking lots
Chennai- Traffic police of Chennai have suggested the Chennai Corporation to spot out parking places in important areas of the city to facilitate in putting an end to illegal parking. Around 360 parking lots in 11 different zones have been chosen for the purpose. According to sources, the corporation has planned to carry out a [...] Continue Reading »

Funds crunch to delay home deliveries

Funds crunch to delay home deliveries
According to research firm Liases Foras, the construction of nearly half of the 3,23,000 homes scheduled to be delivered in 2013 are lagging behind. At least a third of these will not be ready even before 2014. A survey by the company has revealed that three of every four homes to be delivered in 2014 [...] Continue Reading »

CREDAI asked to conduct survey on of unsold houses

CREDAI asked to conduct survey on of unsold houses
Union secretary for financial services D K Mittal has reportedly asked the Confederation of Real Estate Developers Association of India (Credai) to conduct a survey of unsold housing stock across the country. The initiative was taken at a meeting which was attended by representatives of both banking industry and developers. The step comes in the [...] Continue Reading »

Over 300 real estate projects put on hold in Mumbai: Survey

Over 300 real estate projects put on hold in Mumbai: Survey
A recent survey by the civic authority has revealed that there are more than 320 real estate projects in Mumbai, both commercial and residential, which have been put on hold. The data came up during a recent survey of mosquito-breeding sites in the city. Majority of these projects, around 202, are in the western suburbs [...] Continue Reading »

Slum dwellers pay more for water supply

Slum dwellers pay more for water supply
An NGO recently conducted a survey on water supply project. This survey was mainly concentrated on slum dwellers in Bangalore city. It came as a surprising news that the slum dwellers are paying hefty sum for the water supply. Even after government is spending lakhs and crores on providing proper water supply, this is what [...] Continue Reading »



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