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mhada loses 1 crore

MHADA Loses 1,000 Crore in Redevelopment Project

The Maharashtra Housing and Area Development Authority (MHADA) is expected to have lost close to Rs. 1,000 crore in a redevelopment project in Goregaon (West), according to its internal audit. The redevelopment was pertaining to the Patrawala Chawl, a MHADA colony in Siddharth Nagar, Goregaon (West). The chairman of housing board’s repair and reconstruction board […]

karthik.k

01mumbai3

Figures of Office relocations double in the first half of 2013

Numerous businesses, both foreign and Indian, are using the slowdown within the real estate segment of office spaces to relocate their respective offices to locations wherein all their businesses can come under one roof and that too at lower rentals.   As per study conducted by internationally acclaimed real estate experts, within the first half […]

CommonFloor Editorial Team

Inventory pile-up – Requires passing of regulation

As per real estate consultants realty developers within most cities are sitting on huge piles of inventories. Cities such as Mumbai possess a 48 months inventory, Bangalore of 25 months while Delhi along with the National Capital Region holds 23 months of inventory. These figures are drastically beyond the comfortable levels which range between 13 to […]

CommonFloor Editorial Team

Bangalore realty developers do not feel the heat of increased Repo rate

Expressing the dash hopes on RBI’s new decision to shoot up the repo rate, realty developers in the country at present, express their discontent due to increased finance cost that will influence the housing absorption in the coming festive season adversely. However, developers in Bangalore have a different take on it. According to property consultants, […]

CommonFloor Editorial Team

Opportunity beckons Investors of Major Realty Stocks

There has been a general slump in the real estate sector across the country as a result of the economic slowdown, with most of the major cities bearing the brunt due to inventory pile up across project developers. To add to the misery of realty developers, the Reserve Bank of India (RBI) has put a […]

ranjan.j

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