These days, realty buyers are mainly looking at the sub-Rs 40 lakh category and it is the 2BHK which has emerged as the favored format for buyers in these times. Developers also feel that the current hot-selling flavour of the... (Continue reading)
To keep pace with the sales growth, Unitech Ltd is looking to aggressively ramp up its lagging construction activities in the next two fiscals. The developer booked a project cost (total construction cost) of Rs1, 340 crore in the fiscal... (Continue reading)
This year, an estimated 25 million NRIs living in 130 countries have remitted US$52 billion. In fact, India topped the list of countries in remittance flow followed by China and Mexico, World Bank report on Migration and Development Brief revealed. This... (Continue reading)
The Maharashtra government’s decision not to provide water connection to high-rise buildings (above seven floors) in Mumbai till 2012 has dealt a body blow to the city’s real estate developers. Developers and independent observers said investments of over Rs 25,000... (Continue reading)
Expediting work on its mega township project in Ahmedabad, Godrej Garden City, Godrej Properties Limited will be launching the first phase by January 2010. Work on one million sq ft of the first phase of Godrej Garden City is expected... (Continue reading)
The Mumbai Metropolitan Region Development Authority (MMRDA) has indeed implemented a few projects, and successfully at that, for the betterment of this vibrant city. “Traveling from the Western suburbs to the Eastern suburbs was an arduous task, to say the... (Continue reading)
The Central Sanctioning and Monitoring Committee (CSMC) for sanctioning of projects under Sub Mission of UIG under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has approved new projects for West Bengal. The storm water drainage project in Budge... (Continue reading)
Overview: Real Estate marketing is just not sales or PR process. It has evolved with international marketing process, into new global standards. We need to refresh our skills and employ new ways and means of Real Estate Market. It is... (Continue reading)
Year End Review A. POLICY 1. Follow up on National Urban Housing and Habitat Policy (NUHHP), 2007: 1.1 The Policy along with tabulated statement indicating the various... (Continue reading)
It has been brought to the notice of the Reserve Bank that certain scheduled commercial banks are extending short-term loans of tenure ranging from six months to one year to Housing Finance Companies (HFCs), and classifying the same as priority... (Continue reading)