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CommonFloor Editorial Team

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Real Estate market of North Chennai looking up

Chennai: The real estate market of North Chennai is one that has been waiting to happen. Currently, the segment is the preserve of the local residents who have been driving the demand for residential properties unlike elsewhere within the city of Chennai – the south or the west, which have been the chief focus regions for […]

CommonFloor Editorial Team

Chennai_Villivakkam_Sowmya_Damodara_Temple

Villivakkam Realty Update July 2013

Chennai: The neighbourhood of Villivakkam is a residential area which is popular for numerous famous temples. The locality is located between the industrial estates of Padi, Ambattur, ICF and Perambur Loco Works. The general demography of the region is mostly comprised of working-class people, especially people employed by manufacturing companies. Connectivity: Localities in Villivakkam include Jankiram […]

CommonFloor Editorial Team

FDI in Real Estate raises 11,854 crore

Mumbai/Bangalore: In spite of the economic uncertainties as well as the skepticism encompassing this sector, roughly Rs 11,854 crore or $2 billion was raised within the last year with global investors once again warming up to the real estate sector of India. Few of the prominent investments comprise Kotak Realty fund backed by Abu Dhabi […]

CommonFloor Editorial Team

Decline in new home sales in Metros

NEW DELHI: In accordance with data collated by internationally renowned property research firms, new home sales declined in Chennai, Mumbai, Delhi-National Capital Region and Pune within the June quarter, however the real estate market of Bangalore picked up. Despite of alluring home purchase schemes, sales were down by almost thirteen per cent in Delhi-NCR from the […]

CommonFloor Editorial Team

Proposed expert committee to keep fraud developers at bay

Over the years, Bangalore has emerged into a matured residential market with surging employment opportunities and prominent IT parks, however, the consistent influx of fraud developers and builders has marred the real estate market of the city significantly. In a move to save Bangalore from heading for a fall, the Karnataka government has recently introduced […]

CommonFloor Editorial Team

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