Latest Realty News

Marunji Road: Destination next in Pune
Oct 28, 2013
PUNE: The Hinjewadi IT Park is an outstanding success story in its own right. It has single-handedly boosted Pune’s profile on the national and global business map. The effect that the Hinjewadi IT Park has had on the type of demand for residential spaces in the adjoining areas like Marunji road is a textbook case of the IT industry and its accompanying culture dictating the shape and form of a market. Real estate investors and developers are quite confident that the area will be one of the most
PMC to check 50k residential properties for commercial use
Oct 18, 2013
PUNE: Nearly 50,000 properties in the city will be screened from November for commercial use of residential properties. The civic administration hopes to increase property tax revenue by Rs 50 crore.
Jaipur’s property scene is not in pink of health
Sep 13, 2013
JAIPUR: Five years after a turbo-charged growth that saw property prices more than double, realty developers say the slowdown is beginning to trigger a price correction. Rates can come down by 10% in the short term and the market will remain stagnant for 12-18 months.
Realty bites: Chennai sales not express
Sep 12, 2013
CHENNAI: The first residential realty market to rebound in early 2010 from the 2008 slump experienced a 200% plus appreciation over the past three years. But Chennai isn’t insulated from the present downturn. Builders, who a year ago sold 30 to 40 suburban units a month are struggling to touch double digits.
30% more housing plans launched in Mumbai this year
Sep 11, 2013
MUMBAI: Mumbai witnessed the launch of nearly 18,000 housing units between January and June, an increase of 30% compared to the same period in 2012, said a quarterly report by global property consultants Cushman and Wakefield.
What happens if a lender takes over a housing project?
Sep 10, 2013
KOLKATA: Last month, the State Bank of India took over a housing project in Kolkata because the developer had defaulted on repayment of dues to the tune of Rs 176 crore. The Teen Kanya project was promoted by the Bengal Shelter Housing Development, a joint venture in which the state housing board has 49% stake. Therefore, its repossession by the SBI has come as a shock for the 400-odd families that have invested in the project.
Real estate prices to rise after Telangana creation
Aug 01, 2013
MUMBAI: After a four-year hiatus, residential real estate prices are set to rise at a relatively faster pace in Hyderabad with the likely resolution of the Telangana issue.
Kalyani Nagar-Koregaon Park: Redefining comfort and luxury in real estate
Jul 31, 2013
PUNE: The Kalyani Nagar-Koregaon Park belt is one of the prime centres for real estate development in Pune. Although the amenities differ from project to project, a number of properties are coming up with facilities including the following:

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