Latest Realty News of Mizoram

Madurai officials seal three buildings for violating norms
Jun 04, 2013
Marurai: Officials from the local planning authority (LPA) on Thursday sealed a multi-storeyed building in the city at Kalavasal that houses a retail supermarket, which was recently inaugurated. Official sources said that the building was constructed without adequate back space whereby rescue operations in case of emergencies would become difficult.
Mhada to hold 1 more lottery around Diwali
Jun 03, 2013
In a first, the Maharashtra Housing and Area Development Authority (Mhada) is planning to hold a second round of lottery for 2,450 under-construction flats around Diwali this year. The flats, which would be completed early next year, would be located in Virar, said Mhada vice-chairman Satish Gavai.
Virar offers multi-dimensional benefits for affordable housing
Jun 03, 2013
For Somesh Vaidya, who shifted to Virar from Borivili, it was a decision he would not regret. The area has excellent connectivity, more open space and social infrastructure is no less compared to the other suburbs. Another added advantage of buying property here is its easy accessibility to Mumbai via the Western Express Highway, which is just five kms from the area and the Metro is only in three kms. The roads are also constructed well and are in good shape.
Pune’s Green Chapter
Jun 03, 2013
One may wonder why the sudden gust of Green Homes. Why are real estate developers suddenly focused on building green buildings/townships? Magicricks.com understands the benefits of investment and the interest of developers in green homes. It has launched its www.magicbricks.com/gogreen microsite to celebrate World Environment Day for the entire month of June 2013.
Mumbai may get exemption from high rise rules
Jun 03, 2013
High rise building projects in India’s commercial capital Mumbai might get a breather from the ministry of environment and forests (MOEF) guidelines linking height of the building with a width of a near-by road and a distance from fire station.
HDIL slips on posting Q4 losses
Jun 03, 2013
Housing Development and Infrastructure (HDIL) has slipped 9% to Rs 46.90 after reporting a consolidated net loss of Rs 280 crore for the quarter ended March 31, 2013 (Q4) due to exceptional loss of Rs 442 crore pertaining to Mumbai International Airport Slum Rehabilitation project. The Mumbai-based real estate developer had a net profit of Rs 316 crore in the same period a year ago. The company’s income from operations declined sharply 77% to Rs 140 crore from Rs 622 crore during the recen
Mumbai's desire for height
Jun 03, 2013
Mumbai's real estate is among the most expensive in the world. Partly, of course, this is a result of geographical factors - the city is limited by natural boundaries of sea, hills and marshland.
Realty pile-up doubles in NCR, Mumbai, Hyderabad
Jun 03, 2013
Tough times are far from over for the real estate sector. The inventory pile-up across the National Capital Region (NCR), Mumbai Metropolitan Region (MMR) and Hyderabad have almost doubled in the last three years, signalling the market is to yet recover.
Economically backward class to get 'green homes'
Jun 03, 2013
As many as 184 homeless families in Malappuram can reside in their 'green houses' as the municipality will soon inaugurate the flats constructed for economically backward families, under the Integrated Housing and Slum Development Programme ( IHSDP) project
The agent who can save a deal
Jun 03, 2013
Amit wanted to sell his apartment in Mumbai and approached a real estate agent. His dealer took more than six months and was still unable to sell the property.
Hidco eyes rich harvest by plot sale
Jun 03, 2013
fter reaping rich harvest last year by selling off lands, The Housing Infrastructure and Development Corporation (Hidco) has again put up several commercial plots for sale.
DLF to invest about Rs 3,000 crore to build new projects in FY'14
Jun 02, 2013
Realty major DLF LtdBSE -5.41 % will invest about Rs 3,000 crore this fiscal on construction of various projects and is targeting sales booking of more than Rs 6,000 crore.
Housing Development & Infrastructure Ltd served termination notice from MIAL
Jun 01, 2013
Housing Development & Infrastructure Ltd (HDIL) has received a termination notice from Mumbai International Airport Limited (MIAL) for its slum rehabilitation project, it said on Wednesday.
North Chennai home rates grow fastest
Jun 01, 2013
Northern parts of Chennai have long been considered the backwater region of the city. But the residential price index (residex) put out by the National Housing Bank (NHB) shows that Ayanavaram, Kolathur and Purasawalkam have seen the maximum appreciation in residential prices in the last six years across the country.
Luxury brands now get more room for growth in malls
Jun 01, 2013
Mall developers in India are setting aside up to 40% space for luxury brands, hoping to tap new money by offering labels such as Jimmy Choo, Canali and Gucci alongside mass-market products.
GMR infra back in the black with Rs 519 crore profit
Jun 01, 2013
Infrastructure major GMR Group Friday reported a consolidated net profit of `519.17 crore for the quarter ended March, 2013 as against a net loss of `366 crore in the corresponding quarter.
DLF targets new sales booking of more than 50% in FY'14
Jun 01, 2013
Realty major DLF LtdBSE -5.41 % today said it is targeting more than 50 per cent jump in new sales booking to Rs 6,000 crore in the 2013-14 fiscal.
Mumbai leaseholders opt for govt’s one-time premium offer
Jun 01, 2013
Plot holders are latching on to the state’s move to offer its leased lands on occupancy basis. While 22 plot holders in the suburbs have opted for the option, only six have chosen the other preference that involves renewal of lease by paying revised lease rents.
Mumbai Metro pushes property values in Ghatkopar and Andheri
Jun 01, 2013
The upcoming Mumbai Metro, which has been in the news for a long time, will finally be running across the city in another six months.
Singapore team expresses interest in infrastructure projects
Jun 01, 2013
In signs that the state's government initiatives to attract industry may be yielding results, a government-cum-business delegation from Singapore has evinced interest in investing in infrastructure projects, the proposed IT City at Lucknow,
Current realty prices in metros may be unsustainable: Report
May 31, 2013
Investment demand for real estate in the metros, rather than the demand from those who want to stay in the house they are buying, seems to have outpaced the rise in home prices in these cities compared to in the smaller ones. And this faster pace of rise in real estate prices in the metros may eventually turn out to be its own undoing, a report by Japanese financial services firm Nomura pointed out.
Realty prices in Puducherry’s French quarter take a hit
May 31, 2013
It's an inevitable domino effect. The local government's civic apathy is robbing Puducherry of its real estate sheen. According to sources, the attraction of the city's famed White Town or French quarter - whose limited residential properties have always attracted both well-heeled locals and expats - is wearing off thanks to mounting garbage, litter-lined streets and hand-cart hawkers.
Online registration of properties introduced in West Delhi
May 31, 2013
People in West Delhi can now expect hassle-free registration of properties with Chief Minister Sheila Dikshit today launching an online system to ensure transparency and offer people a seamless experience.
Mid income homes drive property sale in Bangalore
May 31, 2013
Bangalore's residential real estate market remains resilient despite global turmoil driven by demand for mid-end homes. The city saw 35,500 residential units launched during 2012 and around 8,000 units in Q1 2013.
Bangalore drawing NRI investors in real estate
May 31, 2013
A growing number of NRIs across the US prefer to invest in real estate back home due to a combination of factors. The capital appreciation in India, competitive local lending rates in the US, easing of investment norms by the government, repatriation facilities and availability of property management services are primarily instrumental in driving them to investing in real estate here.

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