It would seem that the Union Budget 2011 pointedly ignored the larger issues affecting the Indian real estate sector at this sensitive stage of revival and growth.
With the reasonable expectation of a roof over the head not very long ago, the real estate boom in the last decade has scaled up the liberty of choice for the average home buyers. While the aspirations of even the middle and lower middle income with moderate budgets have gone up, there are very many residential projects launched in recent times that seem to fill the gap with the promise of faster deliveries, hi-tech amenities, luxurious lifestyle, lush green surroundings within the affordable range of 20-40 lakhs.
Vastu principles are practical for all buildings whether it is a home, factory, temple or even an office. Office is mainly built to generate financial growth of business. Vastu suggests some rules in building offices that prove to be very functional for economic growth of the organization.
Real Estate may boast off to be the second largest economic activity and the largest employment provider in the economy, but when it comes to have a say in the policy making, they are found to be sulking.
Residential sales in Hyderabad remained modest in 4Q10. Although the city witnessed many launches, sales did not pick up. Market sentiment, especially among investors, stayed low as political uncertainty persisted.
The lease agreement between the NSCI and the BMC, accessed through RTI, show that the Olympic stadium and an adjoining club house had been let out to the former for 99-years in 1951 for an annual rent. The deal was that they could use the club house for their leisure activities while they would maintain the size Olympic stadium, which was suitable to host national and international sports including athletics, cycling, football and hockey.
Even as Lower Parel and BKC vie with each other for pre-eminence as Mumbai’s commercial real estate hotspots, Dadar – Mumbai’s oldest and most established locations – stands in a class uniquely its own by virtue of its extremely favourable geographical placement and connectivity. For this reason – and for all practical purposes – Dadar is the heart of Mumbai.
In a change of stance, the state home department has decided to look into its own move to shift out the Yerawada police station on the Pune-Ahmednagar road and allow commercial exploitation of the three-acre plot on which it stands.
Vigneshwara Developers has claimed to redefine the concept of Central Business District (CBD) with the launch of Smart Office Home Office (SOHO) in sector 74 of Gurgaon. SOHO offers a combination of the comfort of home with the present-day needs of office, all under one roof.
Within a week of launching the super-luxury Nitesh Logos, Bangalore-based premium property developer Nitesh Estates Ltd., now announces the launch of Nitesh Mall, in the up-market Indiranagar. This mall built with world-class amenities is going to offer great shopping and entertainment experience, making it the most sought after mall in the Central Business District of Bangalore.