Latest Answer: A real estate agent thinks that not much has been done by banks towards increasing lending in the affordable housing segment and feel that the government and the RBI must instantly work for an instrument and set targets for banks to make sure increased lending for affordable housing projects and cheaper home loans.
Q:ARV New Town by ARV Group, a Red Coupon project offers 1 BHK Flats in Undri & 2 BHK Flats in Undri and 3 BHK Apartments in Undri, proving the sober properties in Pune. Ranging from 692 to 1379 Sq Ft sizes with all the luxurious amenities.Amenities: Swimming Pool Gymnasium Children Play Area Club House Joggers Park Modular Kitchen Solar Heater 100% Power Backup Very Large Landscape Garden
Latest Answer: Thanks Lekshmi for sharing wonderful information. I really like your posting.. I think in addition to your posting I would like to add few point that I think it is necessary to look before buying:
1. Property Tax Receipts & Bills.
2. Verify the land-use
3. Do your own research
Q:Hi, I am the owner of the flat from TG and noticed that from the prospective tenants that they don't have any proper garden other basis facilities offered by other apartments. I am paying Rs4000 / month and don't have any account statements showing the total income and expenses. Can we take some actions against builder on the delay on giving basic amenities for the resident
Latest Answer: Hi, I think you should stop paying monthly Maintenance charges without a copy of the bill because I think it will be a trouble situation in the future.. As per your statement all money is going in the pocket of builder and I think there are not providing any building maintenance. Consult with another owner and take legal advice..
Latest Answer: It's true and the government is concentrating on working with green contractors, separate from the brick and mortar ones. The projects will also be awarded on small stretches of 8-10 km. Pilot projects, to be carried out in each State, will first take place where there has been a good response from the local community.
Latest Answer: There are other positive signs too. Outsourcing companies have seen a healthy growth in the business with the devaluation of the rupee. That can be seen in the large amounts of office space that was leased in 2014.
If business development lead to IT companies hiring more talent and giving higher increment to keep talent, it will surely begin home sales.
Latest Answer: It is really a good move by the RBI. SBI slashed its lending rate by 0.40% within a couple of hours of rate cut by the Reserve Bank of India. The largest private sector lender ICICI Bank also hinted at cutting its base rate by at least 0.25%.
It clearly shows that interest rates will come down, base rates will come down. A large part of the cut will get transmitted.
Q:The real estate monthly tracker for MMR highlights the key trends witnessed in the residential market during August-September, 2015 coupled with infrastructure and government policy updates. It gives a complete city outlook, including the total number of units launched, BHK prices and Typology split, and the most active micro market in terms of new unit supply in the given period. Also, the news around the major transactions and industry buzz are highlighted as far as real estate is concerned.