NO INTERIM RELIEF HC rules it is difficult to consider a woman’s matrimonial home as shared household if it is not owned by the husband Ahouse owned by a woman’s in-laws cannot be considered a“shared household” the Bombay High Court has ruled. The highcourt recently stayedanorder ofamagistrate court reserving a bedroom for a woman,who had left her [...]
Continue reading...Saturday, June 19, 2010
The affordable-housing war could tempt builders to compromise on quality. checks you must run before you buy a home One fallout of the affordable housing war is that some developers are getting tempted to compromise on quality to save money. As companies fall over each other to offer cheaper homes, and as hoardings and advertisements create [...]
Continue reading...Saturday, May 29, 2010
affordability’ scenario in some of the Tier-III cities of Punjab and Haryana With the realty sector showing signs of recovery the property prices in the tier -III cities of Punjab and Haryana are once again heading north. And, experts feel, the time is right for the end-user to assess the market scenario, especially the affordable housing [...]
Continue reading...Saturday, May 29, 2010
Here are a few important facts to keep in mind before buying property in Delhi NCR Traditionally people used to buy homes in the later years’ of their life, primarily using their accumulated lifetime savings. With the emergence of the organised banking and lending sector, individuals in their initial work years are now buying their first [...]
Continue reading...Sunday, May 23, 2010
Work On Mega City Project Starts On June 1 The dream of every policeman to own an apartment of his own will soon be realised as the work on ‘Maharashtra police mega city project’ begins on June 1. Spread on 165 acres of land at Lohegaon village, the project is unique since it is for [...]
Continue reading...Wednesday, May 19, 2010
I cannot even think of going to a private builder. MHADA is my only hope. Those who missed out on their dream home this time will have to wait for next year’s draw. The Maharashtra Housing and Area Development Authority (MHADA) has announced it will put up 4,500 apartments for next year’s draw. A major chunk of these [...]
Continue reading...Saturday, May 8, 2010
Of the 370 flats sold at the property exhibition, 350 were two-bedroom flats 14,000 REGISTRATIONS WERE MADE IN THE FOUR DAYS OF THE EXHIBITION, WHICH STARTED ON APRIL 30 The surge in real estate prices fail to deter the young generation who were the major investors in the recent `Thane Property 2010′. The exhibition that started [...]
Continue reading...Saturday, May 8, 2010
What are the payment options you are choosing for buying your property? Owning a home is a dream most of us cherish and undoubtedly, one that warrants careful planning. We take many factors into con- sideration when zeroing in on a property proximity to our workplace, amenities on offer in the locality, state of infra- [...]
Continue reading...Friday, May 7, 2010
Real estate firm Omaxe Ltd today said it expects a sales revenue of Rs 250 crore over the next two-and-a-half years from a group housing project at Lucknow, in Uttar Pradesh. The company today announced the launch of Omaxe Residency, which is spread over 14 acres and comprises 960 apartments The project will have a realisation value [...]
Continue reading...Monday, April 26, 2010
Skyline Constructions has announced plans to create an exclusive luxury residential haven – Skyline Villa Maria, in Bangalore. Located in the heart of the city’s commercial and lifestyle district, just off Brigade Road, an exclusive few will be offered the finest in high-quality living in each one of the six exclusive apartments. Each ‘by invitation’ [...]
Continue reading...Wednesday, April 21, 2010
Further strengthening its foothold in Delhi and NCR, Mahagun Real Estate Pvt Ltd, one of the leading north-Indian real estate and infrastructure developers has launched Mahagun Moderne, an exclusive residential project in sector 78, Noida. The project is being developed on 25 acres with total residential salable area of 13 acres and 12 acres of [...]
Continue reading...Saturday, April 17, 2010
For years, developers in India have been recognizing revenue the moment an agreement for sale of a flat is signed. They do this after completing about 20-25% of the total construction work, mainly to assure investors that the project is safe. So, under India’s Generally Accepted Accounting Principles (GAAP), revenue is earned the moment an [...]
Continue reading...Friday, April 9, 2010
The city is fast expanding, and proof of this is the fact that about 7,000 housing units are developed in Chennai Metropolitan Area (CMA) annually. More than 95% of them are promoted in the suburbs. Still, the city faces a shortage of more than one lakh houses. At least 50% of them are in the affordable [...]
Continue reading...Monday, April 5, 2010
PRICES SOAR Upcoming flats in Kalina, Bhandup, Chira Bazaar at sky-high rates CONSIDERING THE HIGH DEMAND, COUPLED WITH THE PAUCITY OF LAND, CITY-BASED DEVELOPERS ARE NOW ABANDONING SMALL-SIZED FLATS Going by the recent spate of new real estate projects launched in the last month, luxury is clearly the flavour of the season. Considering the high demand, coupled [...]
Continue reading...Monday, April 5, 2010
Payment plans offered by builders can be confusing when you buy a house. Your choice should depend on convenience, ability to pay and take risks Urban India is not kind to aspirant homeowners in terms of pricing. Most urban mass affluent professionals find it difficult to buy a house without a loan. But whether you are [...]
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Monday, July 26, 2010
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