Sales of residential properties in the top seven cities of the country declined by 46 percent during the July-September quarter due to a decrease in demand due to Covid-19. This has been said in the report by property consultant Enarock. The report stated that during the second quarter of the current financial year, 29,520 units […]
Home sales drop by 46% during July-Septembermore
The property prices here have almost doubled in a month since the Bhoomi Pujan of Ram temple in August. The reason for the sudden increase in demand for land is the announcement of several big infrastructure projects by Chief Minister Yogi Adityanath. He promised to make it a ‘Vatican of India’ with 3-star hotels, international […]
Price of land in Ayodhya doubled in a monthmore
Noida, Uttar Pradesh The Chief Minister’s Office said in a statement, “ The prompt action of the state government received immediate positive response from the film fraternity. Art director Nitin Desai offered to set up an entire film city on the lines of the set in Mumbai. He opined that about 80 per cent of […]
Singapore based company offers $ 10 million investment for Film City in UPmore
Prime Minister Narendra Modi stated on Saturday that the average housing construction time for the Pradhan Mantri Awas Yojana (PMAY-Gramin) were 45 to 60 days against 125 days at the time of the pandemic, as migrant workers returned home during lock-down and contributed towards it. He said that under the PMAY, during the coronavirus phase, […]
Prime Minister speaks about the rapid construction of PMAY houses during the pandemic period.more
On 8 September, Bombay High Court ordered MMRDA “for further stalling of road-widening work on a property owned by a housing society” in Kurla, after alleging that the government had “high-handedly” taken over 700 square metres. The work is carried out in an extended road from Kurla to Vakola on a road between Santacruz and […]
Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.more
The new real estate hotspot of the city is a 30-km stretch along the Srisailam Highway— 45 minutes from Gachibowli. Reason: the Hyderabad Pharma City (HPC). Although this large ticket business has been underway in Dasara for sometimes, government officials have confirmed it is finally being routed. This led to major activities along the highway, […]
The new real estate hotspot, Hyderabad Pharma City (HPC).more
Crisis-hit IL&FS will be inviting initial bids to sell its corporate headquarters in the Bandra-Kurla Complex (BKC) in Mumbai at the end of this month, almost two years after the debt-ridden infrastructure lender folded, two people with direct development knowledge said. By the end of this financial year, the organisation aims to monetise the high-end […]
IL&FS wishes to fetch Rs 1,500 crore by selling its headquarters in Mumbai.more
In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]
GMDA initiates Geographical Information System to prevent land scams.more
Soon, students in Gujarat and those coming from other states will be likely to take advantage of rental homes at a much cheaper price than the market price. The Gujarat Government is expected to announce its latest Affordable Rental Housing Complex (ARHC) scheme within a week or two. Under the ARHC program, the organization is […]
Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).more
ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]
ICRA predicts overall real estate inventory to decrease by 40-60%.more