Track2Realty-Agencies: Indiabulls Real Estate has opened its first overseas office in the UAE. Located in Dubai, the local representative office will cater to the rising interest and demands of the UAE-based NRIs in company’s projects across India and expand its regional reach, the company said in a statement.
Track2Realty: The primary advantage of going in for a resale flat would lie in buying a home in a strategic location where no new supply is coming in. If one has personal cash resources at one’s disposal and is not reliant on a home loan (a home loan on a very old property cannot be taken for granted), buying a home in a project that is 20 years or more in age can be a good investment bet if the residential property is in a strategic, high demand location with low or no new supply. This would mean that the project would come up for redevelopment, ensuring a tidy profit to the owner.
Track2Realty: Andhra Pradesh may become the first state to grant much-demanded single window clearance to realty projects. Andhra Pradesh Chief Minister N. Kiran Kumar Reddy has said his government will further simplify procedures and extend incentives to the real state sector if they ensure self-regulation and pass on benefits to consumers.
Track2Realty: Indiaproperty.com has launched the IndiaProperty App for the recently launched Windows 8 operating system. Windows 8 users can get the immediate benefit of the property search experience from the IndiaProperty App that is already available in the Windows Store, which will simplify and enhance their property search experience.
Track2Realty: Homestead, the London-based real estate company announced the launch of Michael Schumacher World Tower in Sector 109, Gurgaon. Spread over approximately 5 acres, this project will consist of 28 high rise floors and offer about 100 homes. Customers can choose from a range of sizes done in the most tasteful manner. These homes have high efficiency in terms of areas offered and have the best specifications offered till date.
Track2Realty: MCHI-CREDAI has embarked on an ambitious four-day property exhibition from November 01, 2012 showcasing flats, bungalows and commercial offering from across Mumbai city and the Mumbai Metropolitan Region.
Track2Realty: Godrej Properties has launched residential project, Godrej E-City, in Electronic City Phase-1, Bengaluru. Spread over approximately 15 acres, this project will be completed in 3 phases.
Track2Realty-Agencies: Overcoming sharp differences, a Group of Ministers (GoM) today cleared the long-delayed controversial Land Acquisition Bill, paving the way for its introduction in Parliament in the forthcoming Winter Session.
Track2Realty: Regardless of the state of the economy, associated market sentiments and on-going funding trends, developers need to generate initial capital to successfully launch and complete their projects. Only by doing so can they maintain the kind of churn that makes the real estate development business profitable.
Track2Realty: A home is the costliest purchase that an Indian makes. Hence selling a residential property is not an easy task since the Indian customer by nature is very discerning and price conscious.