REAL ESTATE NEWS

What could be termed as major blow to the real estate sector, particularly the housing projects, India?s two leading private mortgage players, ICICI BANK and HDFC increased the lending rates with immediate effect. With this the interest rates on home loans are expected to go up by 0.5 to 1% in the near term. While announcing this, the ban.........

With Andhra Pradesh Chief Minister, Mr. K Rosaiah inaugurating works for Phase II of the prestigious Hyderabad Outer Ring Road(ORR) project, the city is all set to have its fully access controlled expressway with the state- of-the integrated transport system ready by December,2012.

The phase II of the project covers a distanc.........

With union budget fervor coming to an end, the real estate industry experts in India are now calculating the impact on the cost of developing the housing projects. The definite factor that is going to affect the prices as Finance minister in his budget proposal has proposed to rollback the excise duty reduction on non-petroleum products .........

Real Estate players in India might be feeling let down by the union finance minister, as their main demands like according industry status to Real Estate sector, extending income tax exemptions limits for house loans from 1.5 to 2.5 lakh, stamp duty holiday for land acquisition, infrastructure status to township projects and exempting inc.........

Withstanding the negative propaganda in the wake of the on going Telangana agitation, Hyderabad continues to occupy the center stage as the IT and ITES investment destination. The Andhra Pradesh state government, in a recent announcement on the proposed Information Technology Investment Region (ITIR), has identified the locations .........

Godrej Properties Limited(GPL), real estate arm of the Grodrej Group, is planning to invest in low-cost housing projects Indian cities, particularly Bengaluru. The company, one of the top real estate players listed on the BSE, has different business model. Instead of purchasing the land, the company is keen on taking up projects in partne.........

Keeping up with feel-good sentiment in the real estate sector, and increasing demand for the affordable housing, True Value Homes India private Ltd. (TVH), Chennai based engineering, construction and project management firm, has announced a host of housing projects of worth $750 million in South India. The company in a press release, yest.........

Vizag is fast becoming a major industrial hub Vizag, the vibrant city in the east of India is all set to become the next hub of industrial development, second to Chennai and Kolkata. Apart from well known Vizag Steel Plant(VSP), NALCO, BHEL Plants, the city now boasts one of the largest Special Economic Zones in India. The Andhra Pradesh.........

Today, the Andhra Pradesh Chief Minister Mr. K. Rosaiah has formally opened the prestigious Vijayawada IT Park known as L&T infocity. Built in a 30 acres land near Kesarapalli Village, the second Hi-Tec City of the state is located opposite to Gannavaram Airport and is well connected to National Highway 5 (NH5). The project is a joint ven.........

You may have heard about Unique identification card project being implemented to build a database of all Indian residents, but not about the real-time database of the property ownership records of every piece of land owned by people in the country. For those who own or plan to buy a property in the form of land or house/apartment i.........