Tuesday, 19 November 2013

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...

Tuesday, 12 November 2013

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...

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...

Monday, 11 November 2013

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...

Thursday, 7 November 2013

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...

Wednesday, 6 November 2013

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...