Sobha Developers to Start $107 Million Luxury Home Project in New Delhi Suburb

Published: August 23, 2010

Sobha Developers Ltd., the best performing stock on the Bombay Stock Exchange Realty Index this year, plans to start a 5 billion rupee ($107 million) project in a New Delhi suburb to build luxury homes as the economy expands. “We are entering the golden era in real estate now,” J.C. Sharma, managing director of the [...]

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Maharashtra :You can get only one house under goernment quota in state

Published: August 20, 2010

People who have bought flats under the Maharashtra government’s discretionary quota — which comes cheaper than the market rates—won’tbe able to purchase another house under the same quota again.
The state took the decision last week in the wake of the controversy over some legislators applying for flats in Mumbai despite having bought homes under the [...]

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Things to Keep in Mind Before Buying a Home

Published: August 19, 2010

Of all the dreams that a person dreams in his lifetime, the most desired is the one for owning a house. It is much more than just a real estate purchase or an investment opportunity. Every individual aspires to have a private space that he can call as home. People spend lots of time and money [...]

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Haryana comes up with New Guidelines for Flat Registration

Published: August 16, 2010

The urban local bodies department of Haryana has come out with new guidelines for registration of independent floors within the area of municipal corporations or councils or committees of the state.
Urban local bodies minister Mahender Pratap Singh said the registration of independent floor would be allowed in case of the residential buildings situated in approved [...]

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Mumbai Sees Biggest Real Estate Deal

Published: August 10, 2010

India’s biggest real estate deal took place yesterday evening, with the National Textile Corporation (NTC) limited selling eight acres of Bharat Mills at Worli, for a whopping 1505 crore, meaning a single acre went for 188 crore. The highest bidder was Indiabulls, who won with a difference of 2 crore as Lodha had bid 1503 [...]

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Commercial Real Estate Faces the Problem of Supply Overhang

Published: August 6, 2010

India’s realty sector is likely to face the problem of plenty with office rental space set to outstrip demand resulting in a further drop in rentals, according to a report released on Tuesday. “With the forecast growth of net completions expected to outpace that of net absorption, a significant supply overhang is expected to remain [...]

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Credai Kochi to Organise Kerala Property Expo 2010 from August 6-8

Published: August 4, 2010

Kochi is organising the new edition of Kerala Property Expo 2010 on August 6-8 at Marine Drive, Kochi. One of the biggest and finest of property shows in Kerala, the Property Expo seeks to offer a unique platform for Kerala’s property developers and builders.
During the exhibition, a host of developers in Kerala would showcase a [...]

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