-
Govt plans to revive housing project on Mumbai's salt pans
19 Jan 2016Facing a shortage of land for its pet 'Housing for all by 2022' project, the state government is again pushing for allowing development of Mumbai's salt pans. Chief Minister Devendra Fadnavis has asked officials from the revenue and urban development departments to coordinate with the ...More >>
-
Realty cannot surive without restoring buyers' confidence in developers
19 Jan 2016The troubles in the real estate sector have been brought to the fore after a Delhi court ordered the arrest of the promoters of the embattled realty firm Unitech for not refunding two homebuyers after failing to deliver their flats on time. The tough action by the court spells hope for homebuyers ...More >>
-
Mumbai property market makes a comeback as buyers return
18 Jan 2016Call it better deals they are getting in the property market or the falling rates, but after a prolonged lull, propertybuyers are making a comeback in Mumbai. Quoting data from the Inspector General of Registrations, The Indian Express reported Tuesday that housing registrations in...More >>
-
Tips to keep in mind while investing in 2016
18 Jan 2016Space constraints have restricted the growth prospects of the realty market in Mumbai but the emerging pockets have now reignited the development expectations. The government is putting the impetus on infrastructure, thus strengthening the emerging locations and therefore, realty markets in these ...More >>
-
BKC can expand into 8.8 acre transit camp next door
18 Jan 2016Bandra-Kurla Complex's swank quotient seems to be rubbing on to its downmarket neighbour Bharat Nagar. The state urban development department on January 13 issued a notification approving the conversion of an 18,000sq m commercial plot, part of Bharat Nagar, into a residential one. The Mahara...More >>
-
Pune, Hyderabad, Navi Mumbai in 10 Affordable Property Markets
13 Jan 2016Hyderabad, Pune, Navi Mumbai, and Ahmedabad were among the 10 affordable property markets in the country where flats were available within the budget of Rs 30-50 lakh, according to JLL India. The other six cities are Kochi (Kerala), Ghaziabad (Uttar Pradesh), Jaipur (Rajasthan), Nagpur (Maharasht...More >>
-
Realty sector heads for consolidation with mushrooming of online real estate startups
13 Jan 2016Putting an end to the controversial run of milk-seller turned businessman Nirmal Singh Bhangoo, the CBI on Friday arrested Pearls group CMD and three others on charges of allegedly duping crores of investors. The arrest comes almost two years after CBI initiated a probe in the Rs 45,000-crore Ponz...More >>
-
Khattar orders completion of Dwarka e-way by June 2017
13 Jan 2016Haryana chief minister Manohar Lal Khattar on Saturday ordered that the delayed Northern Peripheral Road (NPR) project also known as the Dwarka Expressway has to be completed by June 2017 -- the eight deadline set for the project that was slated to be completed in 2010. The Haryana Urban developm...More >>
-
Arabtec awarded Dh2bn contract to build 1,017 villas on Abu Dhabi’s Yas Island
12 Jan 2016Arabtec won a Dh2 billion contract from Abu Dhabi’s Aldar Properties to build 1,017 villas on Yas Island. Arabtec said that the completed villas will have a built-up area of close to 440,000 square metres and that construction is set to start on site immediately. Rumours about this deal fi...More >>
-
Has the fall in Dubai property prices come to an end?
12 Jan 2016Dubai’s residential property market is showing signs of plateauing after about 18 months of price decline. New figures from the consultancy ValuStrat show that there was “no significant change” in values of apartments and villas in the 26 areas that it monitored in December. It ...More >>
