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Archive for the 'Realty' Category

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L&T Construction Grabs Orders Worth Rs. 1454 crore

New Delhi: India’s renowned construction company L&T bags orders worth Rs. 1,454 crore including power transmission and water and effluent treatment, in February and this month. “L&T Construction has won new orders valued … Rs 1,454 crore across various segments in February and March 2012,” the company said in a statement. In the water and […]

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Mahindra Life Space Development enters Nagpur

The real estate and infrastructure development arm of the Mahindra Life Space Development has announced their branch in Nagpur. This project is spread across 25.25 acres of land, and it is in the residential zone of 4,354 hectare Mihan (multi-modal international cargo hub and airport, Nagpur). Mahindra Life Spaces will also offer one, two and […]

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Mumbai Drops Off From Top 10 Most Expensive Office Spaces Worldwide

Declining rentals are affecting the Mumbai real estate to a large extent. Recently, Mumbai’s central business district, Nariman Point has fallen off from being the top 8th to top 15th position on the list of the top rent rankings globally, Office Space Across the World 2012 by Cushman & Wakefield. The decline is due to […]

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DLF Sells 350 Flats In Gurgaon

DLF Logo

Where Mumbai is experience the blow from crashing real estate business, here in Gurgaon, a housing project ‘The Primus‘, was launched on 22nd and managed to sell all the flats on the same day. This project is part of a 450 acre integrated township, DLF Garden City.Couple of days back we told you how real estate […]

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63 NCR Housing Projects Are Running Late By 4 Years

Delhi - the most expensive place in India to stay

In New Delhi, National capital Region many housing projects were launched in the year 2005-06, the buyers were supposed to get it to live by 2008-09. But till date those projects are under construction and people are worried about their new apartments. Recently, Jones Lang LaSalle has conducted a research and found that the housing […]

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Now Increased Tax On Property Prices Beside Metro Rail Lines

People who are willing to acquire land very near to the Metro lines may have to invest more money, according to the new law suggested by the Urban Development Ministry to the State government. The ministry is also suggested to levy additional taxes on the lands near to the metro lines. “This is one of […]

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Housing Prices Go Up Despite Higher Interest Rates

Real Estate Developers unhappy with Budget 2012

Buyer activity remains strong, despite higher rates for home loans. Latest data from the National Housing Bank (NHB) indicates that, apart from Kochi and Hyderabad which witnessed a sharp drop in the NHB Residex, the housing price index went up in most metropolitan cities. According to the NHB report, property prices during the last quarter […]

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Mumbai Sees The Steepest Drop In Real Estate Property Prices

Mumbai sees drop in property prices

Mumbai – the Financial capital of our country is now becoming cheaper for a common man. In a survey for global cities made for the last year, Mumbai’s high-end residential area has witnessed a steep fall in prices though property prices are on the costlier side. We have already told you that Real Estate sales […]

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