Author Archives: skgupta

Property Prices To Stand Stable; No Fall Round The Corner

There appears no chance for property prices to fall in the near future in any of the metro cities. All the odds are against the buyers; who were expecting a fall in the property prices to own a dream home. There is no chance; even a slight shadow of chance, for property prices to fall […]

Koramangala Stamped ‘Better’ For Home Buyers & Investors

Providing easier access to the prime commercial hubs of Bangalore, Koramangala has become a better destination for all end-users and investors. Koramangala is an outskirt in Bangalore. It lies on the South-East part of Bangalore. However the Bangalore’s outskirt has been considered as one of the best destinations for both home buyers and investors. The […]

Foreign Investment Will Be More In India: JLL Predicts

Leading global real estate consultancy firm Jones Lang LaSalle predicts that India will have vast foreign investment. According to the global consultancy foreign investors are looking for a chance to enter Indian realty market. Indian realty market will have vast foreign investment, as big as $4-5 billion, predicts global real estate consultancy firm Jones Lang […]

Hyderabad: Named The ‘Most Affordable’ Realty Market

Global real estate consultant Knight Frank reported that the realty market of Hyderabad, compared to all metros of India, is the most affordable one. There has been a steady increase in the number of new launches in all the metro-cities of India. However Hyderabad had more number of residential projects launched in the middle and […]

Finance Ministry Backs Up Realty Firms For Running Bank

Supporting the realty firms, Finance Ministry opined that RBI can give them license to run banks. Finance Ministry made the comment while speaking about the new licensing policy of RBI. Finance Ministry, while commenting on the RBI’s plan over giving new bank licenses, said that the realty firms also should be permitted to run banks. […]

Office Space Absorption In Bangalore Plunges As IT-Demand Falls

Being an important IT- Hub, Bangalore always depends on the IT and ITeS sectors for its growth and development. Facing weak demand from these sectors, Bangalore now witnesses lower office space absorption. There has never been a doubt for anyone about the close relation of Bangalore with the IT and ITeS sectors. This is comparatively […]

Spice Global To Try Luck In Hospital & Realty Sectors

After developing an image in the Indian mobile business, Spice Global plans to try its luck in the realty and hospital sectors as well. To begin with, Spice Global will develop a multi-specialty hospital in Saket as their first venture. Realty and hospital sectors are the most booming sectors in India. Seeing this booming nature, […]

Regulatory Bill: Fair or Unfair? Developers Differ

Builders differ on the Real Estate Regulatory Bill, presented as a boon to the developers by the government. Many see Regulatory Bill as unfair while others see it as fair as it will block the unscrupulous and dubious builders. Prospective buyers are happy that their rights will be more protected with the launch of Regulatory […]

Noida Authority Warns Developers With Default Payment

Finding nearly 50 developers with default payment, Noida Authority warned the builders to pay the defaulted amount soon or to face the legal action. Noida Authority loses almost Rs.3000 Cr as many of the real estate developers do not pay their due amounts. Noida Authority found that around 50 developers with default payments. It was […]

Walt Disney To Globalize Disney India’s ‘Theme Home’

Walt Disney, the parent Company of Disney India, plans to follow ‘theme home’ business initiated by its Indian Subsidiary. Disney India initiated and applied the ‘theme home’ concept to the residential market in India. Seeing the increased popularity of the theme, Walt Disney aims to introduce ‘theme home‘ concept in the global market. Under the […]

Noida – Greater Noida Metro Link Soon To Be Developed

Adding two more metro stations, Noida Authority announced the details of proposed metro link between Noida and Greater Noida on last Friday. It came to the people of Noida and Greater Noida as a matter of gladness as the Authority added two more metro stations in the proposed metro link. The authority officials said that […]

Noida Real Estate: Under The Hands Of Land-Intruders?

Noida real estate seems to be under the hands of land intruders. Recently the Noida Authority has unearthed a Real estate scam worth Rs.3800 Cr. Noida real estate has been flourishing as one of the hotter real estate destinations. This hot nature of Noida real estate would be what makes it a den of land-intruders. […]

SEZ Policy of MIDC May Not Bring The Desired End: CREDAI

CREDAI shows its doubts over the success of Maharashtra Industrial Development Corporation’s (MIDC) newly launched SEZ policy which allows more SEZ land for residential development. CREDAI said that the new SEZ policy may not bring the desired end. CREDAI’s national head Mr. Lalit Kumar Jain expressed his doubt over the success of new SEZ policy […]

Hyderabad Builder Sued By Wakf Board For Property Damage

Incurring damage to the property of Wakf Board, a Hyderabad based real estate developer faces sue from the Wakf Board. In a rare case, a Hyderabad – based real estate developer is sued by Wakf Board. The builder is alleged to damage the property of Wakf Board. Wakf Board decided to file a case against […]

CCI‘s New Developer Buyer Agreement; DLF Case Contexted

CCI plans to frame new Agreement between the Developer- and the property buyer. Competition Commission of India (CCI) plans to frame a new agreement between the property buyer and the developer. The new Agreement is designed on the context of DLF Case. CCI hopes that the new agreement will solve out most of the issues […]

Will Property Discounts Persuade Takers?

Developers are up with some sort of property discounts to persuade  property takers. This was more visible in Indore . Discounts are always considered as suitable means to attract the customers and this is true with the real estate sector as well. The builders attract home buyers through their property discounts. With the property discounts […]

Giorgio Armani Cooperate With Supertech Real Estate

Giorgio Armani is prompted to design real estate projects in India. The main factor that boosts him is his well acclaimed success in Dubai. India is on the onset of receiving some superior luxury apartments from the hands of Giorgio Armani. The fashion designer from Italy will join his hands with Noida– centered Supertech real […]

Focusing Delhi Real Estate, DLF Sells Aman Hotel Shares

India’s largest real estate firm DLF plans to develop some Delhi real estate properties. The real estate major has sold its Aman Hotel stakes with this purpose. DLF has sold its Aman Hotel stakes with double purpose. Firstly with the amount the firm will be able to cut off its debt and secondly the firm […]

Beware of Real Estate Brokers When Sell Bangalore Property

Recent reports from Bangalore real estate market show that the city is prone to unfair and unjust measures. Large numbers of unregistered real estate brokers are blamed for this. There has never been any sluggishness in Bangalore real estate market. It could not be present even when the entire country was hit by this. Sadly […]

Land Acquisition Bill: Condemned Real Estate Unfriendly

Land Acquisition Bill was recently passed by the Union Cabinet. Though it ensures more rights to the farmers, Land Acquisition Bill will in fact cause the price hike, opine Real estate experts. With the approval of Land Acquisition Bill, the consent of the land owners has become mandatory for all real estate projects. This bill […]

Chinese Real Estate Firm Wanda Ties Up With Reliance

With the tie up with the Reliance India Chinese Real Estate Firm Dalian Wanda Group enters the real estate market of India. Anil Ambani’s Reliance Group has tied up with Dalian Wanda Group. Both the Indian and the Chinese firms will jointly work for two residential projects. One of their real estate projects will be […]

Our Real Estate Investors Are Refunded, Sahara States

Sahara firms stated that they have already repaid their Real estate investors. Sahara groups’ Chairman Subrata Roy stated that the group’s real estate wings have finished refunding. The advertisement was published in one of the leading newspapers. Sahara advertisement, appeared on December- 9, stated that both Sahara India Real Estate Ltd and Sahara Housing Investment […]

Real Estate India Sets to Thrive As Construction Restarts

Real estate India expects to overcome the present sluggishness by 2013. The year 2012 has really been a sluggish year for the real estate builders. Real estate India expects to be boosted by the new retail FDI policy. There will be an increased demand for retail spaces and it prompts real estate builders to come […]

Real Estate Reforms must be Consumer Friendly: CREDAI

CREDAI, the apex body of real estate builders demanded that all real estate reforms should be consumer friendly. Real estate builders’ confederation- CREDAI has recently appealed to all members of parliament (MPs) to create consumer friendly real estate reforms. Real estate builders’ apex body requested them to reflect on the vast numbers of stake projects.

Housing Segment Loses Value Appreciation: R E Reports

Housing Segment fell in 2012by bigger margins. The reports from all the top cities of India show the same, JLL India states. Real estate consultant Jones Lang LaSalle India (JLL) reported that housing segment loses value appreciation in India. The market in 2012 was highly sluggish especially the real estate market. The period witnessed slow rate […]