Latest Realty News

Haryana to build 1.25 lakh economy flats in Gurgaon, other prime areas
Oct 07, 2013
CHANDIGARH: Ushering in a policy of affordable housing in Gurgaon and other prime areas of the state, the Haryana government plans to build 1.25 lakh flats under the first phase. The size and price of these flats will be decided by the government and allotment will be done through draw of lots.
Gujarat Institute of Housing and Estate Developers show opens in Ahmedabad with 125 affordable housi...
Sep 28, 2013
AHMEDABAD: The Gujarat Institute of Housing and Estate Developers (GIHED) Property Festival kicked off on Friday at Gujarat University Convention Centre with more than 125 affordable housing projects on display.
Affordable housing to be main attraction at GIHED
Sep 27, 2013
AHMEDABAD: Affordable housing seems to be the flavour of the three-day property show by Gujarat Institute of Housing and Estate Developers (GIHED) which begins on 27th September. About 70 developers will showcase residential, commercial and plotting projects.
Plots steer Hinjewadi realty, rental values go south
Sep 11, 2013
PUNE: Are you looking to buy a plot in Pune at affordable rates? Hinjewadi – the well known IT hub of the city, showcases a promising picture. Once looked upon as a slow-moving hamlet, Hinjewadi is currently offering plots within the range of Rs 40 lakhs. Plots within the budget of Rs 40 lakhs registered 60 per cent supply in the April-June 2013 quarter. Plots in the range of Rs 40-60 lakhs registered a supply of 13 per cent.
Moving to suburban Thane for a quality life
Sep 09, 2013
MUMBAI: A city apartment blocked by high-rises and smoke screen from the constant construction frenzy and congested streets, or a spacious suburban layout staring into a lush green cover with a slice of cosmopolitan urban lifestyle.
Pune’s Magarpatta belt offers quality and affordable housing
Aug 29, 2013
PUNE: Situated on the eastern side of Pune, Magarpatta is close to the Kharadi EON IT Park, Kalyani Nagar, Koregaon Park, Fatima Nagar and the Hadapsar Industrial Estate. Crossing the north main road towards Koregaon Park Annexe and approaching Mundhwa Road, the new DP Road will connect Koregaon Park to Magarpatta.
Offering affordable housing: Chakan, Pirangut and Moshi
Aug 27, 2013
PUNE: With affordable housing options reducing in many real estate markets of big cities, Pune is one city that is still offering homes that fit smaller budgets. According to industry players, 70 per cent demand in the segment is for affordable housing while 30 per cent is for high-end or from the upper middle-class segment in Pune. Localities such as Chakan, Moshi and Pirangut, are largely catering to this demand. As per research from, these localities offer properties within th
Small apartments see high sales in Chakan, Moshi and Pirangut
Aug 21, 2013
PUNE: With the presence of IT companies, educational institutes and organisations from other industries, the residential market in pockets like Chakan, Moshi and Pirangut have grown exponentially. The influx of young people who have moved to the city for jobs or studies, are driving the demand for smaller apartments.
Property prices up by 15 per cent in Delhi-NCR: Report
Aug 20, 2013
DELHI: Property prices have increased by an average 15 per cent in the Delhi-NCR during Apri-June quarter of this fiscal against the year-ago period, according to a report.
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.
Pune gears up for affordable housing
Aug 10, 2013
PUNE: Affordable housing is a term we use for the residential units in India’s urban areas, which are affordably priced, with respect to the households that fall within a specific limited income range. There is no single set of parameters to define what an affordable housing unit should cost in India. This is because the pricing and feasibility of the developers of affordable housing, is a function of the city, the location within the city, the type of project being built and also the constructi
Budget homes hold potential for investors in Bangalore
Aug 09, 2013
BNAGALORE: With Bangalore registering a significant growth in terms of the area of the city and its population, the residential segment has expanded to include more offerings for endusers and investors. Budget homes are slowly coming into the limelight with their reasonable pricing and ideal location – in areas where commercial and industrial development is taking off.
Residential growth surges at Kanakapura Road in Bangalore
Aug 09, 2013
BANGALORE: Kanakapura Road in the south of the city is one of the fastest growing localities due to its connectivity, access to Electronic City and supply of Cauvery water. Residential property has seen a surge in this locality.
Housing plot scheme left in lurch
Aug 08, 2013
KHURDA: The housing plot allotment scheme of Bhubaneswar Development Authority (BDA), aimed at providing land to build houses for people here at an affordable price, has failed to take off. Five years have passed after its stone-laying ceremony.
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:
Low cost homes in East Pune
Aug 06, 2013
PUNE: East Pune localities such as Kharadi, Wagholi and Hadapsar, which offer one and 2-BHK properties in the Rs 20-40 lakh price range, are witnessing large scale consumption of residential spaces. Old residents of the city reminisce how these areas grew with the boom in real estate witnessed a decade ago. Wing Commander Atul Chandra, who has made this city his home since the late 1990s, remembers his weekly rounds to the Hadapsar sabzi mandi.
Pune civic body collects Rs 500 crore as property tax
Aug 05, 2013
PUNE: The civic administration has collected Rs 500 crore from property tax since the start of new financial year. Total 5.58 lakh property owners have paid their tax since April 1.
Delhi leads world in real estate price rise
Aug 05, 2013
DELHI: India has witnessed the sharpest appreciation inreal estate prices in the last couple of years, according to data from the Global Property Guide, an organization which collates real estate data from across the world.
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.
Integrated townships for the new age coming up in Delhi-NCR
Jul 31, 2013
DELHI: As the cities expand fast, the development of integrated townships has become the order of the day. A number of such townships are being developed in Noida, Greater Noida, and Yamuna Expressway. These townships not only provide good physical infrastructure but also make provision for schools, gymnasiums, hospitals, recreational facilities like jogging tracks and golf courses, hotels and shopping malls to improve the quality of life of the residents.
Private equity in Pune’s realty segment
Jul 31, 2013
PUNE: Pune has been the fastest growing city for over a decade now, second only to the metros. It has been able to sustain this status mostly because of the well-established manufacturing sector and the thriving IT segment that has made the city its home. There is no dearth of local workers with professional qualifications as the city has numerous colleges offering courses in varied disciplines. Pune is also popular as an ideal city to reside in, not only because of the good schools and colleges
Works in 200 more illegal colonies of Delhi soon
Jul 26, 2013
BANGALORE: Armed with an in-principle approval from the union urban development ministry, the poll-bound state government is all set to take up development works in over 200 unauthorized colonies even as these do not meet the eligibility criteria of 50 percent built-up area in 2007 as per regularization guidelines.
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
Multiple rate revisions will affect buyers in Delhi-NCR
Jul 24, 2013
DELHI: The new circle rates, proposed in the range of 7-25%, are to come into force from August 1, 2013, for Noida, Greater Noida, and Ghaziabad.The proposed raise in circle rates is another setback for buyers andreal esate developers of Noida, Greater Noida, and Ghaziabad.

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