Latest Realty News

Dec 04, 2015
NEW DELHI: Realty firm Amrapali today said it will develop 10,000 affordable homes in Noida Extension for government employees at a cost of Rs 2,000 crore.
Feb 28, 2015
NEW DELHI: Widening demand-supply gap in the housing sector and solutions for financingaffordable homes are major policy concerns, the Economic Survey said
Mahindra makes a bold bet on affordable homes
Jul 09, 2014
MUMBAI : The Mahendra group's recent foray into affordable housing is significant for two reasons. For one, it is after a long hiatus that a big business house has ventured into real estate. In the 1990s, many large groups, especially those with land banks in prime locations, had drawn up fancy plans for the sector but quietly retreated when they realised the complexities of the business. (Land is a state subject and so, each market has its own sets of rules and regulations. There are, therefore
Community living vs township projects
May 12, 2014
MUMBAI: Community living projects and integrated projects, are changing the lifestyle of home buyers. “Community living is a concept which defines a closely-knit social fabric within a residential cluster. Such a fabric may be the result of various driving factors, including proximity of buildings, the fact that the neighbourhood has been tailored along certain lines, or the collective need to address certain circumstances or objectives,” says Om Ahuja, CEO-Residential Services, JLL India.
As election nears, property buyers turn fence-sitters
Apr 01, 2014
DELHI: Businesses ranging from print media to SUV-makers do brisk business if elections are around the corner. But real estate majors claim that the polls this year have aggravated the slowdown.
Bhiwadi offers quality living at affordable rates
Feb 27, 2014
DELHI: The status of Bhiwadi as a priority town of the NCR has catapulted it to a pole position and put it firmly on investors’ radar. Known primarily as an industrial town, Bhiwadi comprises industrial centres of Bhiwadi, Khushkhera, Chopanki, and Sare Khurd. But today Brand Bhiwadi stands for quality living at affordable values, amongst other things. Comparatively low land prices, increasing housing demand, and good connectivity with Gurgaon and other parts of the NCR have attracted the attent
Housing board plans houses on hire purchase
Dec 09, 2013
HYDERABAD: After nearly two decades, the Andhra Pradesh Housing Board (APHB) has decided to take up special housing scheme for the benefit of low income groups. The new housing schemes are being taken up at Kukatpally, Chandanagar, Nizampet, Bandlaguda and Red Hills in the city apart from other locations in the state.
Chennai: Mission Decongest
Nov 27, 2013
CHENNAI: A few weeks back, Ashish Raghuram was held up for hours on the stretch from Vadapalani to Koyambedu, as he was trying to catch a bus from the private bus stand to his hometown in Kerala. While he reached the bus stand late by half an hour, he still managed to catch the bus, as it was more than two hours late from the scheduled time of departure. Come festive season and thousands get stranded in traffic around Koyambedu. But even on a normal day, the traffic during the evening hours gets
Opt for Tingre Nagar, for apartments priced Rs 20-40 lakhs
Oct 23, 2013
PUNE: If you have a budget of Rs 20-40 lakhs and you are looking to invest in the eastern suburbs of Pune, then Tingre Nagar could provide you with a number of options. Tingre Nagar, which has a large number of properties available within this budget, is ideal for home buyers who cannot afford nearby locations such as Viman Nagar, Koregaon Park and Kalyani Nagar, where the property prices are relatively higher.
Infrastructure problems, title disputes plague affordable homes
Oct 18, 2013
MUMBAI: The affordable homes market, thriving on the outer fringes of Mumbai, is beset with problems like lack of infrastructure, poor transport connectivity, issues of land titles and delayed clearances.
Check out Pallikaranai for single floors, multi-storey apartments
Aug 19, 2013
CHENNAI: If you have a budget of Rs 20 lakh to about Rs 1 crore and are looking for a residential property in South Chennai, check out Pallikaranai. With a robust supply of 2 and 3BHK units, there is enough supply of single floors and multi-storey apartments here.
Market boom on Gurgaon Faridabad Road
Aug 17, 2013
DELHI: Real estate development along Gurgaon-Faridabad Road, which further connects to Ballabhgarh-Sohna Road, is in a boom phase. The scenic view of the Aravali hills and the valleys offered by the residential and hotel projects under construction in this area has ramped up the demand in this area. Already, this developing zone has a 9-hole golf course. The prevailing rate of housing projects here is in the range of Rs 7,500-10,500 per sq ft.
Gurgaon Extension: Next residential hub
Aug 17, 2013
DELHI: Like Noida Extension (Greater Noida West) and Raj Nagar Extension (Ghaziabad), a new developing zone – Gurgaon Extension (the area extending from Sohna Road and directly connected to the main Gurgaon-Sohna Road) – is being considered by realty experts as a good place for affordable-range housing. The value of investments could double here once IMT Sohna is up and running, experts say. Also, the Delhi-Mumbai dedicated freight corridor is located close by and all the mega industrial estates
Worli-Prabhadevi-Dadar West: Best option for upper-crust homebuyers
Aug 06, 2013
MUMBAI: Worli in south Mumbai and Prabhadevi and Dadar west in central Mumbai, are the premium localities in Mumbai offering an array of property options for the well heeled buyers. Infrastructure marvels with good connectivity, are attracting end-users and investors to these areas. Let’s delve into the residential options available, with facilities and amenities in these areas and see what sets them apart:
Worli, Prabhadevi, in demand for large units, Dadar West for smaller ones
Jul 31, 2013
MUMBAI: If you aspire to live in a premium locality of Mumbai and can spend freely, Worli in south Mumbai and Prabhadevi-Dadar west in central Mumbai, are a few areas you can opt for. These areas are located close by and are witnessing a significant demand and supply for 1, 2 and 3-BHK units.
Horticulturist must for building projects in Mumbai
Jul 31, 2013
MUMBAI: The BMC has made it mandatory for every developer to have a horticulturist on its panel so that plans are scrutinized to avoid unnecessary tree felling and thus help maintain the city’s green cover. The civic body’s guidelines also state that the horticulturists should ensure that trees that are transplanted survive.
Serviced apartments are a better option in Mumbai
Jul 25, 2013
MUMBAI: At Rs 65 lakhs, a one-bedroom serviced apartment in Andheri seems like a dream investment for Piyush Sharma, who is working with HSBC Bank. His office is close by and although the unit is only a modest 400 sq ft, Sharma is not put off – he is single and does not need a lot of space. Should he decide not to stay in the unit, he could always opt for the leaseback option offered by the developer. Such serviced apartments have especially come up in areas like Andheri, Goregaon, and Worli in
Developers coming up with innovative designs in Andheri East properties
Jul 24, 2013
MUMBAI: Andheri east is best known for its commercial setups. This growth has now fuelled housing demand and developed a strong residential market in the locality. Due to this, many developers are coming up with new projects, offering various amenities and innovative designs to attract buyers.
Banks seek priority sector tag for loans to affordable home builders
Jul 22, 2013
MUMBAI: The Reserve Bank of India is examining a plea by banks to recognise loans given to builders/developers of affordable housing projects as priority sector lending.
Provident brings ‘premium affordable’ homes in Coimbatore
Jul 11, 2013
DELHI: Provident Housing Limited, a wholly-owned subsidiary of the premier real-estate developer Puravankara Projects Limited, is set to launch ‘premium affordable’ homes in Coimbatore. The innovative residential project will be located at Selvapuram, Off Perur Main Road, near R S Puram, in the vicinity of the city center.
Middle class chasing elusive dream of buying affordable homes in Puducherry
Jun 24, 2013
PUDUCHERRY: Rapid unplanned development and high real estate prices, triggered by a boom in migrant population, has left the middle class in this former French colony chasing an elusive dream of finding affordable homes.
Virar-Palghar-Boisar: New offerings at an affordable price
Jun 18, 2013
MUMBAI: If affordable housing is what you are looking for in Mumbai, then the Virar-Palghar-Boisar stretch is definitely worth consideration. There are several ongoing projects, offering multiple home options in the range of Rs 27-60 lakhs. Residential projects based in these areas, offer configurations of 1, 2 and 3-BHK units.
NDMC eases rules for building plans
Jun 18, 2013
DELHI: In a major relief to property owners in north Delhi, the municipal corporation has announced self assessment amnesty for regularization of unauthorized construction in unauthorized regularized colonies. An order in this regard was issued by the North Delhi Municipal Corporation on 14th June.

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