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CommonFloor Editorial Team

Banks ready to fund

Banks keen to fund projects in Greater Noida West

Investors planning to buy properties in Greater Noida West (formerly known as Noida Extension) can heave a sigh of relief as the nationalised banks have lately started funding the projects in this region. Noida extension projects were blacklisted Following the land row in 2011, the Greater Noida West region was blacklisted by most of the […]

CommonFloor Editorial Team

Highrises in Bangalore

Highrises in Bangalore: Government seeks permission from HAL

In a move to make Namma metro rise beyond its edges, the Karnataka state government is seeking the aid of Hindustan Aeronautics Limited (the operators of HAL airport) to permit the real estate developers go vertical. Located in the heart of the Garden City, HAL airport operators are accountable to issue NOC on height limits […]

CommonFloor Editorial Team

Property brokers in trouble: Real estate portals play the game

Property selling, was once regarded as one of the most money-making businesses, however, with the advent of real estate portals, it seems to have fallen off the grid. According to market sources, collapsing home sales and the skyrocketing competition from real estate portals have pushed a number of property brokers out of business, while compelling […]

CommonFloor Editorial Team

Eye on polls, government plans 60 percent bigger EWS houses

With the assembly elections around the corner, the urban development ministry is reported to woo the poorer sections by increasing the unit size of EWS flats from the earlier proposed area of 25 square metres to about 40 sq metres. As per market sources, the amendment has been approved and cleared by the Delhi Development […]

CommonFloor Editorial Team

BDA E-auctioning of intermediate sites: Court orders to cease it

The Bangalore Development Authority has been creating waves in the city with its much talked about move of e-auctioning the intermediate sites, despite being opposed by the court. According to the BDA’s Disposal of Corner Sites and Commercial Sites rules, 1984, the authority is strictly restricted from auctioning such sites online. The BDA’s decision to […]

CommonFloor Editorial Team

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