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CommonFloor Editorial Team

r-l

Reasons for the decline of realty stocks

In India, the realty segment is among the most preferred investment options. However, the stocks of real estate companies have been taking a beating. For example, the value of investments made within the Bombay Stock Exchange’s (BSE) realty index during October 2009, when it was touching its five-year peak would in today’s date be down […]

CommonFloor Editorial Team

traffic

PCMC to build underpass on Aundh-Ravet Road

As part of managing traffic in the Y-junction at which Wakad Road meets Aundh-Ravet Road, Pimpri Chinchwad Municipal Corporation (PCMC) is planning to construct an underpass. It is hoped that this move will reduce traffic and make the junction signal-free. A civic official informed that the proposal for construction of the underpass had been approved […]

CommonFloor Editorial Team

Unsold units in Bangalore demands immediate attention

Unsold inventory, is perhaps one of the scariest terms in real estate and the Bangalore realty sector, at present is rewriting its definition. In a classic case of demand surpassing supply, the city has witnessed more than 60000 unsold residential units. The prices are not likely to stabilize in the coming days since the residential […]

CommonFloor Editorial Team

National Green Tribunal’s ban on groundwater extraction

The National Green Tribunal (NGT) has at last started taking some action against the developers violating its ban on usage of groundwater for construction purpose. The NGT has issued a bailable warrant against a Greater Noida-based builder on September 8th, because he did not appear before NGT in compliance to an earlier order delivered on […]

CommonFloor Editorial Team

Delhi-NCR realty growth speeds up with entry of metro

Besides offering a fast and reliable transportation, with improved accessibility to the Central Business District, the Delhi Metro has also given way to a realty boom in the city. The sub-markets situated along the metro corridors in the city have experienced extensive growth. Real Estate in NCR has reached new heights with the metro’s arrival. […]

CommonFloor Editorial Team

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