Hyderabad: The stage is all set for digital land survey across the State. Chief Secretary Somesh Kumar on Tuesday held a preliminary meeting with various companies to take up digital land survey in the Telangana State. A total of 17 companies participated in the discussion. The Honourable Chief Minister K Chandrashekar Rao is likely to […]
Telangana Gearing up For Digital Land Surveymore
On May 31, 2021, online real estate portal Housing.com and the global business school Indian School of Business (ISB) announced the launch of their Housing Pricing Index (HPI), which will assist potential homebuyers in determining the best time to buy a property and sellers in determining the best time to sell their assets. Homebuyers, investors, […]
Pricing index for housing launched to help homebuyers make informed purchase decisions.more
The Confederation of Real Estate Developers Associations of India(CREDAI)Andhra Pradesh has urged the government to take steps to reduce the registration stamp duty from 7.5% to 2% to help the real estate sector which is reeling under the impact of COVID 19. This move would benefit the homebuyers, and they would be able to purchase […]
CREDAI Andhra Pradesh Urges for Stamp Duty Cut to Boost Realty.more
Gujarat is one step closer to transforming the skylines of its five major cities with ‘iconic towers’ such as those seen in Dubai and Singapore. Chief Minister Vijay Rupani approved the final notification addressing the construction of buildings with 70 or more stories on May 25, paving the path for this move. The approval was […]
The Chief Minister of Gujarat has approved the construction of skyscrapers with 70 or more floors.more
Palghar, about 115 kilometers from Mumbai, will be the site of a new proposed satellite township. This will be the second such township, following Navi Mumbai, whose growth began in the 1970s. The township will be built on 337 hectares of land provided to the City and Industrial Development Corporation (Cidco) in lieu of building […]
Cidco plans to construct a township on 337 hectares of land in Palghar.more
Bangalore Development Authority (BDA) is planning of entering into agreements with real-estate firms to jointly develop some of the vacant land . An audit, conducted by the authority, revealed that 357 acres of land in 64 residential layouts the BDA has developed over the years are vacant and litigation-free. These properties do not have any […]
Bangalore Development Authority to Tie Up With Realty Firmsmore
According to Morgan Stanley, Property prices in Dubai are increasing for the first time in six years, owing to increased demand and a decline in project launches since 2017. According to ValuStrat consulting firm research, residential values increased by 1.2% month on month in April, and the index’s fastest monthly growth rate in seven years. “Residential property […]
Morgan Stanley predicts that the Dubai property market will improve due to higher-than-expected demand.more
The registration of property has stopped across Karnataka because after declaring a two-week lockdown, the government shut its 243 offices of the sub-registrar for the time being. “To ensure the safety of our staff and the public our offices have been closed down. Online registration is not even allowed,” KP Mohanraj, inspector general of registration and […]
Registration of property stops in Karnataka; builders fear a disruption of cash flow.more
According to a Knight Frank report, prime office rentals in Bengaluru and Mumbai dropped 8% and 6.2%, respectively, from January to March 2021 versus the preceding year. According to the consultant’s Asia-Pacific Prime Office Rental Index Q1, 2021 survey, prime office rents in the national capital region (Delhi-NCR) fell by just 1% from January to March […]
Bengaluru’s prime office rental falls by 8%, while Mumbai falls by 6.2% in the first quarter of 2021.more
Namma Metro’s Phase II-A (Central Silk Board to KR Puram) and Phase II-B (KR Puram to the Kempegowda International Airport) project cover 58.19 km, have been approved by the Metropolitan Planning Committee (MPC). The approval took place months after the Centre’s approval and almost 2 years after the state government’s approval. However, it is unclear why […]
The Metropolitan Planning Committee (MPC) has approved Phase II-A and Phase II-B of the Bengaluru Metro.more