Adambakkam is a premier residential area, located in the southern suburb of Chennai. Nearby Adambakkam localities include many famous areas of Chennai, such as the Anna International Airport, St Thomas Mount, Nanganallur, Tirusulam, Maddipakkam, … READ FULL STORY
Mayur Patil, a property developer who operates in the Thane region, was surprised when Rashmi Garg, a non-resident Indian (NRI) from Britain, insisted that she would only invest in Lonavala as her holiday home. … READ FULL STORY
The union cabinet, on November 30, 2016, approved the Mumbai Urban Transport Project (MUTP) Phase-III. The estimated cost of the project is Rs 8,679 crores, with a completion cost of Rs 10,947 crores. The … READ FULL STORY
Total demand for urban housing is estimated at 4.2 million units for the period of 2016-2020, across the top eight cities, according to a report. Existing under-construction and planned supply of 1.0 million housing … READ FULL STORY
If India continues with its current trend of ‘poorly planned, sprawling and unconnected’ pattern of urbanisation, it could cost the country upto USD 1.8 trillion by mid-century, according to a new study from the … READ FULL STORY
With a view to ensure the active participation of the local residents in the development of Gurugram, a ‘Residents Advisory Council’ would be constituted, the government has said. The council will advise on issues … READ FULL STORY
Ever since the demonetisation of old currency was announced by the union government, the Indian real estate industry, has been trying to ascertain the cost-benefit analysis of its impact. Those who suggest that a … READ FULL STORY
On the Delhi-Ghaziabad border, the price point on either side of the divide is a case study in urban housing economics. A 2-BHK property on Delhi’s side costs Rs 1.25 crores while the same … READ FULL STORY
Home seekers are looking beyond brokers and word-of-mouth leads, to look for accommodation. The process has gone digital and smartphones and the internet have proven to be catalysts. Today, there are apps that help … READ FULL STORY
While there has been a slump in the market across the country, this is the best time to buy, as sales have started to gather momentum again, says Rohit Raj Modi, VP North, CREDAI … READ FULL STORY
Retirement doesn’t have to be synonymous with ‘biding your time’. Senior citizens are now discovering the joys of retirement in second homes that offer several comforts and facilities. Take, for instance, Dharamvir Singh and … READ FULL STORY
The Urban Development Ministry, on November 23, 2016, finalised the rules under the Real Estate Act for Delhi, which provides for a regulatory authority to undertake third-party quality audit of real estate projects, to … READ FULL STORY
The Madras High Court has pulled up authorities, for not revising property tax every four years from 1998. If the revision of property tax was carried out according to the rules, the revision would … READ FULL STORY
