Borivali in Mumbai is one of the suburbs beyond the Western Suburbs that is undergoing re-development. This location is offering the tall buildings of up-to 15 floors, which is giving the beautiful view of the Sanjay Gandhi National Park, but only some residents will get this view. Before two years, State Government relaxed the DCR […]
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December 20, 2014 10:16 am
US real estate market: New destination for Indian investors
Indian real estate market is lucrative for investment and attracting the investors, but now Indian investors are also investing in the US real estate market, which is emerging as an attractive investment destination. Indians are showing a lot of interest to buy properties in US, according to property consultant Jones Lang LaSalle (JLL) As per […]
December 19, 2014 11:56 am
Lodha Group has registered the worth Rs 500 crore bookings in 9 days
Lodha Group, the leading real estate developer, seels Rs 500 crore worth flats in just 9days for an ultra luxurious residential project in the metropolis, as the projects was reopened for booking after three years on November 29. Project: World One Tower World One Tower is the iconic project of company, which is 117 storeys […]
December 18, 2014 11:02 am
For low cost home loans, RBI eases rules
The Apex bank of India, RBI has eased the norms to get the fund for low-cost housing by permitting banks and other financial institutions to extend the loans against long-terms bonds of infrastructure. However, earlier Reserve Bank of India barred the lenders from providing the loans against the infrastructure bonds on long term basis by […]
December 17, 2014 12:30 am
In South Mumbai apartment rentals dip by 30 per cent
In last few months it is reported that apartment rentals in South Mumbai, South Delhi have fallen by 20 to 30 per cent. According to property brokers and consultants, the slowdown in the job market and leasing in the commercial office spaces have put the rentals in check. In present owners are finding it difficult […]
December 16, 2014 1:30 am
According to survey, In Mumbai property size is reducing from 2012
Residential property sizes are reducing in all over MMR (Mumbai Metropolitan Region) from last two years because now real estate developers are constructing the small size apartments to target the middle and low income groups and keeping the price factor in mind. From 2012 to till now property size has decreased by 8 per cent […]
December 15, 2014 7:44 am
Prices of property in Mumbai city is about to correct by up to 20 per cent
While management of the inventory level and rising demand from home buyers may end with the decline in the rates of the property in Mumbai. In Mumbai Metropolitan Region (MMR) the property prices can fall by 20 per cent in next few months. According to recent study conducted by ASK, “The demand of housing in […]
December 15, 2014 7:04 am
CREDAI to organise property expo in Nashik from Dec 18 to 21
CREDAI (Confederation of Real Estate Developers’ Association of India), is organizing Shelter 2014, which is 7th Property Expo. This event will bring all the properties of Nashik under one umbrella to encourage individuals to purchase a property of their decision on one stage. It is the event of four days, which will display residential as […]
December 13, 2014 7:11 am
Rise in realty prices, who is responsible?
The Indian real estate sector is contributing almost 6 per cent in country’s GDP and it also has generated the employment for 76 lakh people. This sector has nourishes the industries like; chemicals, tiles, cement, steel, paints, fixtures and fittings. The growth of Indian economy depends on the growth of its cities and it is […]
December 12, 2014 8:27 am
One more step for the release of Subrata Roy: Sahara sells Gurgaon land to M3M, worth Rs 1,211 cr
It is reported that Sahara group has sold a plot near Delhi-Gurgaon border, which is worth of Rs 1,211crore and M3M India has brought it, which is Gurgaon based real-estate developer. It is considered as the one more step to raise the funds for bailing out Subrata Roy, a chairman of Sahara India, as Supreme […]