According to few reports, property prices will remain high in certain market conditions, but they will not increase any more. The value of under construction property which is unsold in real estate inventory in Mumbai can be anything as its R 53,400 crore for a clutch of listed firms and it presents that consumer confidence […]
Featured Archive
March 11, 2015 9:00 am
Real estate companies are facing tough competition from online platforms
In the era of internet when things are just click away; there are many traditional businesses which are facing tough competitions from those who have strong presence on internet. In present, real estate websites firms are making a daunting leap into e-commerce business. Snapdeal and Housing.com, both are backed by Japan’s Softbank, and now they […]
March 9, 2015 10:00 pm
ADB says committed to supporting India’s ambitious plan to build 100 smart cities
ADB (Asian Development Bank), which is Manila based bank stated that they are committed to support India’s most ambitious plan, which is to build around 100 smart cities in the country. As per the statement of Takehiko Nakao, who is the President of Asian Development Bank, “Our bank will continue to play an important role […]
March 8, 2015 10:00 pm
Budget 2015: Realtors are looking for sops and lower interest rates for home buyers
It is the demand of real estate developers in upcoming Budget to revive the tax structures and lower interest rates for the home buyers as home is there ultimate need. Apart from to seek for better infrastructure status for housing, Getamber Anand, the Elected President of CREDAI stated in real estate press conference organized by […]
March 5, 2015 4:45 am
Cabinet defers on the approval of Real Estate (Regulation & Development) Bill
On Wednesday, cabinet defers on the approval of Real Estate (Regulation & Development) Bill, which is committed to ensure consumer protection and to establish regulatory bodies at Centre and states for transparent and ethical business practices in country’s real estate sector. As per sources, the housing ministry has been asked to review the real estate […]
January 21, 2015 9:43 am
RBI’s decision to cut key interest rate will boost housing demand
With the recent news that RBI has decided to cut the key interest rate, it is expected that this move of RBI will boost the affordable as well as premium housing demand and it also improve sentiments in the sluggish property market. Property consultants and real estate developers have demanded that interest rates should be […]
January 20, 2015 5:03 am
Oberoi Realty launches twin developments at Mulund
Oberoi Realty has launched twin developments; Eternia and Enigma at Mulund area of the city. Oberoi Realty has so far developed over 36 projects at most strategic locations in all over the Mumbai on an area of about 6.5 million sqft of space and apart from that 24 million sqft projects are under development stage. […]
January 14, 2015 1:00 am
Mega housing scheme for EPFO subscribers is in the process
Mega housing scheme is in the process, which will offer the affordable houses to more than 5 crore subscribers of retirement fund body Employees’ Provident Fund Organization (EPFO). According to The labour ministry it will support the government’s mission ‘Housing for all by 2022′. The ministry is collaborating with housing finance companies, state-owned construction firms […]
January 13, 2015 5:48 am
In Rs 1,800 every month you can park your car on road in Mumbai
Now if you are from Mumbai, so here is good news for you, now you can park your car in front of your home in night and for that you need to pay Rs 1,800 to BMC. This ruling was passed by Shiv Sena and BJP according to which public will be free to park […]
January 12, 2015 7:34 am
By the end of Jan 2015 LEDs will light up the Marine Drive
Soon you will experience the pleasant look in Queen’s Necklace while driving in night because this place will be brightly lit up by LED’s by the end of this month. State government has been decided to implement the LEDs in place of streetlights. The same will be implemented in the other parts of city and […]