Latest Realty News

What affects your realty investment in Chennai
Dec 27, 2013
CHENNAI: Various macro and micro factors impact real estate investment in a city. Here the author talks about factors that impact property investment in Chennai. However, before that let us understand what these macro and micro factors are
Where to look for affordable homes around Mumbai
Dec 21, 2013
MUMBAI: Mumbai, India’s commercial capital and one of the most thriving city, pulls in hundreds of people from all over the world with education and professional opportunities. Everyone comes here with a dream of owning a small space and feel one with the surroundings. But the reality is that owning a home in Mumbai is a distant dream for many looking for property within Rs 20-35 lakh, thanks to the skyrocketing property values.
‘Walk Score’ gaining importance in Pune real estate
Dec 21, 2013
PUNE: Abroad, a new trend of evaluating neighbourhoods by their ‘walk score’ is being seen among home buyers. The idea behind this is simple and in fact is the very basis of that favourite real estate mantra ‘location, location, location.’ And it has great pertinence for the Pune real estate market as well.
Maharashtra mulls 10-25% rise in ready-reckoner rates from Jan 1
Dec 16, 2013
MUMBAI: The Maharashtra government is mulling a 10 to 25 per cent increase in the ready-reckoner (RR) rates for residential and commercial properties in Mumbai and the rest of Maharashtra from January 1, 2014. The revenue department has convened a meeting on Monday to explore various options in this regard.
Siemens puts 12 Mumbai properties on sale for Rs 40 cr
Dec 15, 2013
MUMBAi: Siemens has put its12 residential apartment properties in Mumbai on sale with a combined base price valuation of about Rs 40 crore.
32,000 unassessed properties in Pune, Pimpri Chinchwad
Dec 14, 2013
PUNE: There are around 32,000 residential and comamercil properties unassessed for property tax in Pune and Pimpri Chinchwad, revealed two separate surveys conducted by the municipal corporations. Of the 32,000 properties, 10,000 are in Pune municipal limits, while the remaining is in Pimpri Chinchwad.
Ahmedabad real estate market looks promising
Dec 13, 2013
AHMEDABAD: Realty market is very sensitive in today’s scenario and any increase in borrowing cost will lead to consumer disappointment. However, we also understand that strict measures are required to curb the burning inflation and Rupee fall, but it is also equally important to keep other aspects of economy while taking strategic decisions. Although, looking at the strong fundamentals of the Indian economy and its robust growth, all these seem to be temporary.
Proposed sea link to support Navi Mumbai market
Dec 13, 2013
MUMBAI: The proposed 22 km six-lane sea link between Sewri and Nhava Sheva is all set to change the skyline of Panvel as the distance between Mumbai city and Panvel will reduce drastically. With this proposed infrastructural project and development of various offices and corporate houses around Navi Mumbai, the demand for residential properties in Navi Mumbai is expected to increase.
Property Records to be Revised by January 15, Says Reddy
Dec 12, 2013
BANGALORE: In an attempt to get information on built-up area of buildings and thereby generate more tax revenue, District Minister R Ramalinga Reddy has directed the BBMP to revise records of all registered properties by January 15.
Property tax deadline extended to Dec 31
Dec 11, 2013
DELHI: The MCG office saw a huge rush all through 10 December, the last day to pay property tax and avail rebate, before the state government decided the same evening to extend the deadline to December 31.
Land losers to get more compensation
Dec 11, 2013
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) and other government agencies, which take over private properties for various purposes, will have to cough up more compensation for acquiring properties from January 1, 2014.
Only 7% unsafe buildings conducted audit: Maharashtra CM
Dec 11, 2013
MUMBAI: Chief minister Prithviraj Chavan said on December 10 in the house that out of the six thousand buildings identified for structural audits in Mumbai only 415 had complied with the order. The megacity of Mumbai seems to sitting on hundreds of ‘building bombs’ which may kill residents upon their collapse anytime in future.
Why Pune makes a great investment destination
Dec 11, 2013
PUNE: Being one of the fastest growing IT hubs of India, Pune has a cosmopolitan population with good social infrastructure, excellent educational institutes and constantly upgrading physical infrastructure. The city has always been known as the educational capital of India. The infrastructure, financial opportunities and most importantly the climate of Pune make the younger generation want to live here. In addition, its proximity to Mumbai, the financial capital, makes it very convenient to set
Sanand: More than a mere auto hub
Dec 10, 2013
AHMEDABAD: In the news for land acquisition issues in recent times, Sanand is a city and a municipality but above all, is an emerging property traction point in the automobile hub of Gujarat. Its emergence from a small village near Ahmedabad city, that was ruled by the Vaghelas, in to a property hotspot has a lot to do with the economic activity that was catalysed due to it being the automobile hub. It nevertheless carries a rich cultural legacy with the Palace which was built by the Vaghelas an
28 property owners get notices
Dec 09, 2013
HYDERABAD: The cantonment authorities have served notices on 28 property owners in Langar Hauz after revenue officials discovered that their properties stand on defence land.
Godrej Properties buys out PE firm in Kolkata project
Dec 05, 2013
MUMBAI: Godrej Properties Ltd has bought out private equity (PE) firm Red Fort Capital’s 49 per cent stake in its subsidiary Godrej Developers Pvt Ltd (GDPL) for an undisclosed amount.
Realtors find promised land in commercial space
Dec 03, 2013
DELHI: Commercial real estate seems to be an attractive mid-to-long-term revenue proposition for listed players despite lacklustre market sentiments and a funding crunch.
Book on land records rates TN second in quality of service
Dec 02, 2013
CHENNAI: Administrative reforms in state government departments like revenue, registration and town and country planning have a long way to go in the country, which is often riddled with red tapism and malpractices like registration of fake documents, entering of wrong owners’ names in revenue records and proliferation of unauthorised buildings.
Navi Mumbai: Roadpali offers value for money homes
Dec 01, 2013
MUMBAI: Over the past one year, Kharghar has undoubtedly become one of the most sought after locations in Navi Mumbai. It boasts of a huge 200-acre recreational facility in the form of Central Park, an already functional golf course, a grand under-construction ISKCON temple, broad internal roads, planned infrastructure and Metro rail connectivity.
Navi Mumbai: Roadpali offers value for money homes
Nov 30, 2013
MUMBAI: Over the past one year, Kharghar has undoubtedly become one of the most sought after locations in Navi Mumbai. It boasts of a huge 200-acre recreational facility in the form of Central Park, an already functional golf course, a grand under-construction ISKCON temple, broad internal roads, planned infrastructure and Metro rail connectivity.
Infrastructure upgrades get priority in Greater Noida
Nov 28, 2013
DELHI: After a long and undisputed success of Noida, Indirapuram and Raj Nagar Extention, the government authorities have their hands and eyes set on Greater Noida. Already known as the industrial and educational hub of NCR, Greater Noida has been witnessing real estate development for the past few years.
Yamuna Expressway: An Ideal place to invest
Nov 27, 2013
DELHI: Affordable property rates, upcoming infrastructure and prime location make Yamuna Expressway an ideal investment destination. This location advantage is a big boon for realty players. Some developers such as Jaypee, Supertech, Ajnara and Cosmic Group, have already launched their projects. These builders have targeted the Buddha International Circuit and have their projects within a radius of 5 km.
Worli society gets construction area 9 times the plot size
Nov 26, 2013
MUMBAI: The state Coastal Zone Management Authority has cleared floor space index (FSI) of 2.5 for the redevelopment of Worli’s Shivshahi housing society, part of a Mhada layout.
Hyderabad: Waiting for a sense of direction
Nov 26, 2013
HYDERABAD: The health of real estate cannot be different from the health of businesses. The health of business has a lot to do with the sense of a well- governed city, and a population that is positive about the future. “I can’t see enough mature sense of direction in this state separation and its long term impact oh Hyderabad city, there are so may unanswered questions,” confides one of India’s top infrastructure company CEO’s. “People we approach for investment, though very pleased with what w
Upscale Vastrapur still has modest property options
Nov 26, 2013
AHMEDABAD: After having spent seven years in Middle East countries, Rizwan Sheth wants to settle in Ahmedabad and start his own business. He is advised by the property brokers to buy an apartment in Vastrapur. It is a location in Ahmedabad, which is known for the Indian Institute of Management, Ahmedabad from a professional standpoint. For nature lovers, this area is famous for the Vastrapur Lake.

Latest Realty News Of State

Realty Talk's