Latest Realty News

Bangalore: The tall storey
Feb 20, 2014
BANGALORE: Bangalore is known for its bungalow culture. It’s not surprising then that the country’s IT capital doesn’t have a great skyline. That maybe about to change. In a daring move real estate developers are reaching for the stars in a bid to give Bangaloreans a skyline to shout about.
Pune: A sustainable luxury market
Feb 19, 2014
PUNE: It was only a few years back when a couple of high-end luxury projects were launched in Pune; analysts were busy with the cost-benefit analysis of the surge in the market. The rising interest of NRIs, HNIs and even global realty barons, soon made everyone realise that Pune had already made its mark on the luxury landscape of India. While a large section of market watchers earlier maintained that the smaller ticket size, compared to Mumbai’s luxury property, has been the prime driver of lux
Realty Scenario in City may Undergo Change
Feb 19, 2014
HYDERABAD: With the government finally passing the separate Telangana Bill, property buyers can cheer as realty prices could be in for a correction.
Mumbai’s ultra rich have outgrown living in apartments
Feb 17, 2014
MUMBAI: Living in a bungalow has become the ultimate status symbol for the city’s uber rich, who are not swayed by penthouses and sky villas with 360-degree views
Property demand is on the rise in Ahmedabad’s Naranpura
Feb 16, 2014
AHMEDABAD: Arising centre of education, information technology and scientific industries, Ahmedabad remains the heart of Gujarat and much of western India. The city is on its way of proving itself as an ideal place for acquiring residential and commercial properties due to excellent infrastructure and the kind of facilities it offers. As a result, many new projects are coming up in the already existing areas and new ones.
Why Hyderabad suburbs are favoured for residing in
Feb 14, 2014
HYDERABAD: The city of Nizams has come of age and has been transformed into a city of technology, infrastructure, development and real estate. Hyderabad Information Technology Engineering Consultancy City, commonly known as Hi-Tech City has been the new focal point of Hyderabad.
Office space absorption drives residential market of Pune
Feb 12, 2014
PUNE: Pune’s property market remains buoyant and expectant about the upcoming year, despite the economic slowdown and the general mood in the market. Given its performance last year, of being the second highest office space growth market after Mumbai, Pune’s realty sector is all set to get a boost this year. Infrastructure has always remained one of the leading factors for driving this growth. Great connectivity to Mumbai and a slew of projects on the anvil, such as the metro rail and Bus Rapid
Chennai: 60% of big properties remain undervalued
Feb 12, 2014
CHENNAI: Corporation of Chennai has been losing crores of rupees due to its failure to revise itsproperty tax structure since 1998 and massive undervaluation of properties by owners.
Gurgaon: Sector’s growth engine in the NCR
Feb 11, 2014
DELHI: Investments in real estate have been one of the greatest wealth builders in history. However, such investments have to be well gauged and thoroughly researched, a report by DTZ says. Over the years, a few micromarkets in the Delhi NCR have emerged as destinations for future investments, which are not only providing relative affordability but are also undergoing significant transformations owing to infrastructural development, improving connectivity, and the potential to attract real estat
A boost for Mumbai’s real estate market
Feb 11, 2014
MUMBAI: For more than five lakh residents, the Supreme Court’s decision to remove the forest tag from huge tracts of land spread over Mumbai, has brought an end to their sleepless nights. The apex court has quashed all prior notices and orders regarding encroached forest land issues, in the last nine years, about the various areas bordering the Sanjay Gandhi National Park in Mumbai.
Realty market flourishing on the outskirts of Ahmedabad
Feb 08, 2014
AHMEDABAD: Since the last few years, Ahmedabad’s real estate market is growing at a very fast pace, as new areas are being augmented with infrastructure projects and adequate basic facilities. Another reason for such growth is that the city enjoys close proximity to Mumbai, the financial capital of the country. Further, due to factors like urbanisation, tier-II cities like Ahmedabad, have become major realty destinations of late. As a result, many localities are expanding and new areas on the ou
Realty sector to witness healthy activity in 2014
Feb 08, 2014
MUMBAI: The housing market is poised to regain momentum in the year 2014 and the turnaround of its fortune, is expected to coincide with the upcoming union budget. Analysts believe that if the residential market has remained stable during the year 2013, despite poor macroeconomic sentiments, it shows there is enough appetite for housing and projects, at the right price point, which are continuing to sell across the country. Moreover, with the reported inventory and expected supply coming in duri
Expat Indians drive demand in Pune’s real estate market
Feb 08, 2014
PUNE: IT driven locations, across the country, have been witness to the migration of large educated workforce, be it Bengaluru, Gurgaon or Pune. This upwardly mobile, well-earning and lifestyle-driven class, hence, becomes a key demand driver for property in the given city. In Pune, the expat Indians have thus, emerged as the key demand drivers for property. The rise and growth of Pune, in terms of its overall economics, also suggests that the large workforce will have a major share in creating
Pune developer buys 34-acre land in Wakad for 350 crore
Feb 07, 2014
PUNE: Kolte-Patil Developers Limited has purchased a 34-acre land at Wakad for around Rs 350 crore, which the company claims is the largest reported land deal within the limits of Pune city.
BMC to double fine on illegal additions in flats
Feb 07, 2014
MUMBAI: The Brihanmumbai Municipal Corporation will soon start collecting penalty for unauthorized constructions or extensions at twice the property tax levied on the entire illegal area.
Tata Housing gold vouchers for buying homes in womens' name
Feb 06, 2014
DELHI: Tata Housing today announced an offer of gold vouchers worth Rs 49,000 to buyers who book flats in the name of women in its Rs 600 crore project in Bhubaneswar.
Ghaziabad is the top residential hub of NCR
Feb 06, 2014
DELHI: Ghaziabad is going through a phase of rapid economic growth with huge investments being made in various sectors. Ghaziabad is being touted as one of the fastest growing cities in India with its thriving real estate market being a prime attraction.
Gujarat realty experimenting with marketing formats
Feb 06, 2014
GUJARAT: If the Gujarat real estate market in general and developers in Ahmedabad and Vadodara in particular, have kept the momentum going in favour of them, then it is more by design than by default. While the property markets across the country have been subdued in the last couple of years, the markets across the state have actually bucked the slowdown blues. As a matter of fact, going by the triple measurement yardstick of the growth of the given property market- capital appreciation, rental
Expat Indians drive demand in Pune’s real estate market
Feb 06, 2014
PUNE: IT driven locations, across the country, have been witness to the migration of large educated workforce, be it Bengaluru, Gurgaon or Pune. This upwardly mobile, well-earning and lifestyle-driven class, hence, becomes a key demand driver for property in the given city. In Pune, the expat Indians have thus, emerged as the key demand drivers for property. The rise and growth of Pune, in terms of its overall economics, also suggests that the large workforce will have a major share in creating
Housing sector: A glimpse into the problems and possible solutions
Feb 06, 2014
HYDERABAD: The housing sector defines the overall social health of the population of a country. Apart from its contribution to the country’s GDP, construction of housing increases the civil welfare of a society by improving the social capital of a nation. Consumption expenditure by individual and households consists of a sizeable mix of expenses incurred on rent, utilities, related taxes, etc., all of which are also contributions of the housing sector, to the GDP of an economy.
Realty market flourishing on the outskirts of Ahmedabad
Feb 06, 2014
AHMEDABAD: Since the last few years, Ahmedabad’s real estate market is growing at a very fast pace, as new areas are being augmented with infrastructure projects and adequate basic facilities. Another reason for such growth is that the city enjoys close proximity to Mumbai, the financial capital of the country. Further, due to factors like urbanisation, tier-II cities like Ahmedabad, have become major realty destinations of late. As a result, many localities are expanding and new areas on the ou
Expat Indians drive demand in Pune’s real estate market
Feb 06, 2014
PUNE: IT driven locations, across the country, have been witness to the migration of large educated workforce, be it Bengaluru, Gurgaon or Pune. This upwardly mobile, well-earning and lifestyle-driven class, hence, becomes a key demand driver for property in the given city. In Pune, the expat Indians have thus, emerged as the key demand drivers for property. The rise and growth of Pune, in terms of its overall economics, also suggests that the large workforce will have a major share in creating
Resolve Campa Cola flats row, SC asks residents, civic body
Feb 04, 2014
MUMBAI: The Supreme Court on February 3 asked the Campa Cola Residents Association and the civic body in Mumbai to find out within four weeks a solution to the row over certain illegal and unauthorized flats which face demolition in view of its earlier order.
Ajnara India Ltd launches Ajnara Ambrosia in Noida
Feb 01, 2014
NOIDA: Ajnara India Ltd, a major realty player has launched its much awaited and one of the most luxurious residential project in sector-118, Noida. Ajnara India Ltd is one of the largest realty companies in NCR with over 50 delivered projects and over 10 ongoing projects, many of which are near to possession. The new project, Ajnara Ambrosia is a theme based project which is being designed to give it’s the buyers the feel of ‘Spanish luxury’.
New micro-markets open up in North Bangalore
Feb 01, 2014
BANGALORE: The north of the city with its sprawling international airport, good connectivity and land earmarked for the development of IT, BT and aerospace Special Economic Zones is opening up new catchment areas for residential realty development. The much-awaited signal-free corridor over the existing airport road is almost complete, except at the junctions where underpasses are underway, which will reduce travel time significantly.

Latest Realty News Of State

Realty Talk's