Latest Property News on 'Members Contribution'

Need For Transparency in Real Estate

Transparency is the key to take Indian real estate to the next level. This underlines a need for a federal regulator which will enable to bring best practices with a promise to be clued on to INNOVATION.

Indian property market has come of age and fast attracting interests of global realty players and investors from all over the world. The contribution of these big companies and their bullishness to set a substantial presence has given a major boost to growth of the sector. Read More »

Celebs Endorsing Real Estate Projects

Earlier, the stars were regarded as the trendsetter in Film Industry but they are now creating an environment for a distinguishing factor - ‘Star Power’ in Indian real estate. Builders have lined up to sign affluent celebrities as their brand ambassadors and are preparing to release their advertisements featuring them.

And, it is not just the filmstars but cricketers, TV actors and even musicians are lending their name to the property market. Close on the heels of real estate giant, DLF, it is now Omaxe which has signed up sarod maestro Ustad Amjad Ali Khan and his sons Amaan and Ayaan. Read More »

Insight of Mumbai Real Estate Market

To own a beautiful house in first-rate area of any city is everyone’s dream in India today. But this dream becomes all the more difficult if you would like to own a house in big cities like Mumbai, Delhi, Kolkata, Chennai, and Bangalore. In metros like Mumbai, it is a gigantic task to come across an appropriate house within your means. But this tricky task can be made easy and trouble-free if you can engage the services of a competent property consultant who knows the in and out about Mumbai Real Estate market.

Mumbai property market is the largest real estate market in India. With a population of around 19 million people, Mumbai and its suburbs encompasses one of the biggest urban agglomerates in the world, that is only second to Tokyo. The population of Mumbai is increasing at a massive rate. Unfortunately, the rate of new residential and commercial property development in Mumbai has always been lower than the rate of increase in population. As a result, you come across families in Mumbai who are forced to live in small rooms. All these facts point to the amount of intricacy you can face while locating a suitable property in Mumbai either to buy or rent-in. Read More »

Which Country Will Falter in The Race of Real Estate Stocks?

An unexpected poor selling of Spanish real estate stocks has sent warning signals to property market worldwide. Industry connoisseurs are predicting the end of Spain real estate boom that has sustained itself for the past 10 years.

Outline below are the real estate stock trends of some major countries which boasts to have bullish realty stock market. Let’s scout who emerges as a true winner and who falters in the long run? Read More »

Annotated SEZ Tales

Trouble-free in Tamil Nadu

Luckily, Tamil Nadu escaped criticism as far as the development of SEZs is concerned. The state has five operational (three manufacturing and two IT) SEZs. Eleven have obtained final approvals, while 22 have received in-principle approvals. Read More »

Sarita Vihar and Jasola Reaching New Highs

There are several locations in Lutyen’s Delhi which have emerged as the favorite destinations of property developers and people interested in making investments in properties. Two of such places that have certainly witnessed a paradigm shift in development of middle and upper middle class residential colonies.

These colonies enjoy the strategic location of being situated on the main Mathura Road (NH-2) and have great connectivity to central and south Delhi on one side (Ashram Chowk is 5-6 km away), and Faridabad on the other. The residents here can have the convenience to travel to a number of industrial and business destinations. Okhla Industrial Area, Phase I and II, are just located opposite to these colonies on the other side of NH-2. Mohan Cooperative Industrial Estate is also in the proximity. Read More »

A View on Delhi Hotel Industry

Driven by an increase in number of leisure and business travelers, hotel industry is likely to zoom away in near future. With an array of hotel projects across the metropolitan cities like Mumbai, Delhi, Chennai, and Bangalore, hotel rooms in India are likely to grow even beyond their current highs.

Catering to the demanding requirements of its increasing tourists, Delhi has a multitude of luxurious hotels offering top notch hospitality and leaves an everlasting impression on the visitors’ minds. Hotels in New Delhi are better known for their royal treatment of guests and worlds class services. Read More »

Delhi Development Authority Taking Delhi to New High

DDA is an acronym that stands for Delhi Development Authority, the agency developed to promote and look after the construction activities of Delhi, the Capital city. It is providing homes to a million Delhiites. The authority plays a significant role in the orderly yet rapidly development of the city.

Planning Department of DDA enjoys the status of being the largest town planners in any Development Authority in India. Preparing the plan, policies, proposals for undertaking the development of the city are some of the responsibilities that fall with the authority. Read More »

Property Evaluation & Investment Made Easy

There have been many misconceptions regarding realty valuation and market rates.

But now a handy and reliable tool to evaluate a property and location for property investment is at hand in the form of RESSEX ( Real Estate Sensitivity index). Read More »

Airport Upgrade Jacks up Realty Rates in Dwarka, Gurgaon

With the UPA chairperson Sonia Gandhi having laid the foundation stone for the revamped Delhi airport last Saturday, the ball has been set rolling for the first modern, international-styled airport in the country. But, what has also been set rolling are the real estate rates all around. According to experts, a 10-15% rise in rates has already been registered in areas near the airport like Dwarks as well as Udyog Vihar, DLF Phase II & III in Gurgaon.

Says local realtor Vikram Chopra, “In a country where connectivity is a major issue and the construction of an expressway or a flyover result in a hike in the prices of the surrounding real estate, an airport that is going to be the first internationally-styled one in the country is big news. In fact, apart from Gurgaon and Dwarka, the increase in property rates has already started happening at farmhouse colonies like Westend Greens, Pushpanjali, Vasant Vihar and Shanti Niketan in South Delhi.” Read More »