Residential Real Estate Prices to Reduce as Inventory Pile Up

According to a report by JLL, prices of residential properties are set to fall drastically because of unsold flats or rising inventories across metros. Metro cities like Delhi, Mumbai and Bengaluru are recording highest number of unsold flats. Mumbai is sitting on inventory of 48 months. Delhi real estate is around 23 months and in Bengaluru the inventory levels are sitting for 25 months. Global brokerage Nomura said that the acceptable levels of...

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DLF Alameda Gurgaon

Location: Gurgaon dlf alameda - DLF is now developing the DLF Almeda at sector 73, Gurgaon. The video shows the location of the project site and clearly it is still in the early stages of construction...

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New Friends Colony in Delhi – Rapidly Growing Suburb

gaining popularity. New Friends Colony real estate is booming in the recent times owing to these reasons. The most important landmark of this locality include the 5-star hotel Crown Plaza, otherwise known as the Surya Hotel, and the Lotus Tower, which is also known as the Berjaya Tower. Both of these can be seen from any part of this locality. Mata Ka Mandir is also a main attraction of this place and is easily accessible from almost all the areas...

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Perungalathur: A Planned and Emerging Suburb

Chennai, a metropolitan city is making a mark in the real estate sector. Most of the localities of Chennai are developing and creating a new niche for itself, one such township is Perungalathur. The name Perungalathur name is derived from the Perungalathur Lake, which means “A place with Big Lake”. Perungalathur is a suburb in the southern western part of the Chennai and comes under panchayat town in Kancheepuram district and is just 3 kilometers...

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Document Checklist Before Buying a Property

Property buying is a tedious job and you have to be extra cautious from the initial step to the final stage.  A number of things have to be kept in mind when planning to buy property and one of them is documentation. Considerable documentation goes into the process of home buying, to avoid any legal issues.  Mandatory Checks: 1.    Check the Title of the Property: To know who the owner of the property is, check the title...

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Why NIBM Road is Witnessing High Demand for Residential Units

Several areas of Pune have shown tremendous real estate growth in the last five to six years. This has been primarily due to improved connectivity and enhanced physical and social infrastructure facilities. NIBM (National Institute Banking Management) Road, which is located close to Pune’s centre, is one such area that has shown considerable growth and transformed into one of the hotspot areas for real estate investment. The demand for residential...

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Ashiana Landcraft, Sector 88A, Gurgaon

Ashiana’s latest residential venture is set to highlight the glittering skyline of Gurgaon. The Landcraft Residential Apartments is coming up in Sector 88A and is one of their most spectacular projects. Knowing Ashiana’s amazing track record, it will be no surprise that latest designs and innovative architecture are the hallmarks of this project too. The complex will contain two, three and four BHK flats. The two BHK flat will cover an area of...

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Thorve Vishva Apartments, Baner, Pune

Thorve Vishva is constructing a new residential apartment complex in Baner-Balewadi Main Road, Pune. It is an affluent, cosmopolitan area and is very close to the centre of the city. The complex will consist of only two BHK flats. The approximate cost starts from Rs 58.50 lakhs. The area covered by the flats will be 888 sq ft. Of this, living quarters will account for 600 sq ft and balcony for 110 sq ft. Possession is likely to begin by March 2015. The...

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Importance of Conveyance Deeds

The word ‘conveyance’ itself means the process of transferring something from one person or location to another. Hence, a Conveyance Deed literally denotes a legal document signed and sealed by an owner (seller) and a buyer stating the transfer of the purchased property from one to the other. It is the final document given by the builder to the buyer, transferring the ownership of the land on which the house is built. The conveyance deed declares...

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Best Commercial Property Locations in Bengaluru

Bengaluru is the capital of Karnataka, and is also known as the 'Garden City' and 'Silicon Valley of India'. This city is very famous for its Information Technology sector, and has many tourist attractions and sightseeing spots. As a rapidly growing metro city, it is said to be developing into a major cultural and financial hub. Bengaluru is home to many prominent Indian software companies like Wipro, Infosys, HCL and Polaris, apart from having...

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Indira Nagar: Most Preferred Property Destination

Indira Nagar is a medium-sized suburb in the eastern part of Bengaluru. It is often referred to as the blue collar locality, as the residents range from being reputed sportsmen, politicians, celebrities and high-class executives, etc. It is considered to be one of the costliest areas to reside in Bengaluru. This place is bounded by Ulsoor in the west, Domlur to the south, Byapanahalli to the south and Vimanapura to the east. The Defense Colony situated...

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Infrastructure Development Triggering Real Estate in Bhandup West

Bhandup is regarded as Mumbai’s oldest suburb. A few decades ago, Bhandup was a dense forest area that slowly witnessed the growth of industries; now, it is transformed into a prominent location for real estate investors, and still it has significant potential for further growth. The name Bhandup originated from the name Bhandupeshwar, another name for Lord Shiva. One can still find the Bhandupeshwar Mahadev Mandir, an old temple in Bhandup West. Strategically...

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Best Residential Localities in Noida

Noida, short for 'New Okhla Industrial Development Authority', is located in the Gautam Buddh Nagar district of Uttar Pradesh. This city’s administrative headquarters are located in neighbouring Greater Noida. Noida is considered a major hub for many multinational companies like Dell, EXL Service, Accenture, Samsung, Indus Valley Partners, etc. Having well-planned IT parks and industries which provide huge employment opportunities, and also having...

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Thiruvanmiyur, Chennai’s Residential Abode

Thiruvanmiyur is one of the posh residential areas located in the southern part of Chennai. The name is derived from Thiru-Valkmiki-Ur, which means a location where the temple of Valkmiki exists. The real estate skyline has undergone a drastic change after the inauguration of one of the first IT Parks in Chennai, Tidel Information Technology Park. This area is also famous for the Marundeeswarar Temple, dedicated to Lord Shiva, where worshippers...

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Chennai’s Growing Suburb worth Investing: Thoraipakkam

Thoraipakkam is one of Chennai’s fastest growing localities, since it connects the major IT companies to the city, and it is located on the Old Mahabalipuram Road (OMR), the first six-lane road on Chennai, also known as the IT Expressway. This locality is on the eastern banks of the Pallikaranai Marsh and is just 3 kilometres in length, starting from Perungudi to the north. Till 2011, it was a part of village panchayat in Kancheevaram district;...

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Tiruvallur: Transforming itself from Temple Town to Chennai’s Industrial Hub

Tiruvallur is a temple town and a Grade I municipality in Tiruvallur district. It is located about 42 km northwest of Chennai city on the banks of the Cooum River, and is the administrative headquarters of Tiruvallur district. Due to its strategic position, the eastern part of Tiruvallur district is dominated by urban characteristics while the northern and southern part of the district are influenced by Andhra culture. The district has been divided...

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