Winkworth plans to open office in Bangalore

Winkworth has informed that it plans to open office in Bangalore. The group has signed a master franchising agreement in India as its first step to enter India.

London based largest chain of real estate agents’ franchiser Winkworth has said that it plans to set up offices in Bangalore. The firm has put ink on a master franchising agreement with Narayanan Soundararajan.

Winkworth is reported to have a plan to expand internationally. Its India entry is only part of their expansion. International residential market remains their key target. Read More »

Salman Khan Lives in Rs.110 Cr Worth Apartment

Salman Khan owns a home Gateway Apartment that lies just close to Mannat, the palatial home of Shahrukh Khan. The estimated worth of the Bollywood superstar’s home is Rs.110 Cr.

A home is a dream for many. For others a home is the symbol of status and prestige. Well, this will be what you will feel when you see Gateway Apartment, the home of Bollywood superstar Salman Khan. Read More »

New Projects Delayed, Buyers Fear Price Escalation

As against the expected delivery time, a good number of new projects face delay of completion. Most of the projects have not yet completed even half of the development –work.

Here is a piece of bad news for the prospective buyers. They will have to wait longer for shifting their addresses to new homes. Property experts report that in most of the cities, delivery of new projects across the country to be delayed. Read More »

Real Estate Investment In UP Rises, Report

According to the latest report by the Associated Chambers of Commerce and Industry of India, real estate investment in Uttar Pradesh has risen slightly.

Uttar Pradesh saw real estate investment rising in the state, reports the Associated Chambers of Commerce and Industry of India. The apex body of industry has added that India as a whole has seen a reduced level of real estate investment. Read More »

Surabhi Chemicals To Enter Realty, Buys Land In Nagpur

With the change in the management team, Surabhi Chemicals has decided to foray into real estate sector as well. The textile chemicals firm has bought land parcel in Nagpur for developing realty project.

Surabhi Chemicals, one of the leading textile chemical developers, has signaled that they would enter real estate market by buying out land parcels in Nagpur, the city where the firm is based. Read More »

Aurangzeb Hero Arjun Kapoor Shifts To Gurgaon For A Week

Arjun Kapoor, who did a double role in Aurangzeb, has shifted to Gurgaon where he will stay for a week or two. This is part of his film’s promotion.

As part of the promotion of Aurangzeb, one of the latest Bollywood releases, Arjun Kapoor will live in Gurgaon the location of the film. Though this is part of the promotion, the actor will have to stay in this suburban city in the NCR for a week. Read More »

High Rises To Offer New Skyline To Bangalore

Residential market in Bangalore is all set to see the rising demand for high rises. The developers are coming up with various high rises projects as well.

Though high rises have become common in Mumbai and other top-cities, where the land scarcity is severe, Bangalore was not having many high rises, especially because the city did not lack space for residential development. Read More »

Property Prices Soared By 66 % In Mumbai

Property prices in Mumbai soared by 66 percent in the last four years. Prices shot up mainly due to the limited supply and scarcity of land.

Mumbai has been one of the costliest property markets in India. Property prices in the city have always been in the sky and still they are moving upward, leaving the home buyers hopeless. Read More »

Katrina Kaif Skips Her Home-Hunt, Sets To Renovate

Bollywood Actress Katrina Kaif has left her home-hunt and has decided to renovate her Bandra Apartment. Katrina said that the apartment will be entirely renovated.

Owning a sea-facing home has been a dream for Katrina Kaif. Having this dream in mind, she has seen over a dozen apartments in Mumbai alone. However it seems that none of these flats could satisfy the dreams of the Bollywood heroine. Read More »

Godrej Properties Targets to Raise Rs.700 Cr

Targeting new heights and growth, Godrej Properties now plans to raise a new fund. Under the new fund, the group will raise Rs.700 Cr.

Godrej Properties is the real estate arm of Godrej Group. The real estate arm of Godrej has announced its plans to raise a new fund.
Read More »

New Property Tax to Hit Property Transactions

New property tax will affect the property transactions adversely. The builders say that the new property tax is wrongly assessed.

Under the new property tax, Babu Naik will have to pay an additional of Rs.7000 per year. When he questioned the civic body officials, they explained to him that the value of his property has increased over the period and so does the tax. Read More »

Imran Khan Now Owns a New Home, NH Bungalow

Imran Khan has recently renovated his ancestral home. After renovating his home, the Bollywood star has named it after his grandfather Nasir Hussain.

Nasir Hussain, the renowned filmmaker, is the grandfather of Imran Khan. Though he has passed away a few couple of years back, he is not forgotten by his grandson. This was proved when Imran Khan named his new home NH Bungalow after his late grandfather. Read More »

Realty Assets of Kingfisher Airlines Likely to Be Attached

Serving a legal notice to the debt-driven Kingfisher Airlines, banks have said that they will go ahead with a plan to attach their realty assets, if the carrier again fails to repay the amount with interest.

Banks that had earlier loaned Kingfisher Airlines have served the carrier a legal notice which stated that they will attach the realty assets of the carrier. The airlines had submitted their realty assets as collateral to these loans. Read More »

Property Sales Steep Downward, Liases Foras

Liases Foras reported that property sales across the country have fallen down.

Analyzing the realty market of all major cities, real estate market research firm Liases Foras reported that the property sales have fallen sharply. Read More »

Affordable Housing To Have Relaxed ECB Norms

Finance ministry officials and the officials of Reserve Bank of India plan to hold a meeting in this week. This is to discuss about relaxing the ECB norms for boosting the affordable housing.

The finance ministry and the Central Bank plan to initiate some relaxations in the ECB norms. By this, they aim to boost affordable housing development. Read More »

Century Group likely to gain Bharti Walmart Deal

Bharti Walmart has entered into final talks with Bangalore based Century group for starting up its first cash and carry store in Bangalore.

Century Group is on the verge of gaining a windfall. The group, entering into final-round talks with Bharti Walmart, has made it sure that the group will clinch the deal with the retail major. Read More »

Sagarika Ghatge Moves Legally Against A Developing Firm

Sagarika Ghatge, the Bollywood Actress who shot to fame with Chak De! India, has recently filed a case against a real estate firm which has been using her snaps for the promotion of their projects.

Endorsement is never a new thing for the Bollywood actors and actresses. Like many others like Karishma Kapoor, Sushmita Sen, Shahrukh Khan and so on, Sagarika Ghatge too had signed a contract of endorsement with a real estate firm. Read More »

Sahara Buys another Piece of Land in Bangalore

Sahara Group has recently bought a land parcel in Bangalore. The deal was fixed at price worth Rs.149 Cr, said sources with direct knowledge.

Even when they are daily tortured by the SEBI, the Sahara group thinks of only expansion. The group seems least worried about their attached properties and the huge number of cases against them. Read More »

SEBI request SC to hear on all Sahara Cases

SEBI recently has requested Supreme Court to hear all the cases against Sahara. The market regulator demanded that all cases must be transferred to the apex court for its hearing.

Securities and Exchange Board of India continues to be aggressive against Sahara firms. Recently SEBI has requested the Supreme Court to hear all cases against the Sahara firms. Read More »

18 Real Estate Firms to Face Probe for Alleged Forgeries

Nearly 18 real estate firms will face probe by the central government. These real estate firms are alleged of forgeries.

Some of the real estate firms are alleged of forgeries. Besides the charges of forgeries, some of them are alleged to conduct dubious schemes of investment. Read More »

No Property Sales, Developers in Deep Trouble

As higher property prices hurt the buyers’ sentiments, the number of property sales has gone downward, leading the developers into deep troubles.

Property buyers remain reluctant to buy any property as the property prices have reached the sky. Due to this, the property sales have fallen, affecting the developers severely. Read More »

Antilla, Ambani’s Home:Know Some Interesting Facts

Antilla is the residence of Mukesh Ambani, the wealthiest Indian businessman. The specialty of Antilla is that the cost of this is over a billion USDs.

Once the news came out about the plan of Mukesh Ambani to build a home worth a billion dollars, many people started thinking of this awesome home of Mukesh Ambani. Many rumors spread about Antilla. Read More »

Supreme Court asks Sahara firms, Roy to reply SEBI

Supreme Court has asked two Sahara firms and the group head Subrata Roy to answer the market regulator SEBI in a week.

After hearing the contempt petition submitted by SEBI, Supreme Court has ordered two Sahara firms and the chairperson and managing worker of Sahara Group Subrata Roy to reply the petition of SEBI within a week. Read More »

Vasundhara Enclave Delhi Sees Falling Housing Demand

The housing demand in Vasundhara Enclave Delhi is falling. Realty experts say that this is common in the Delhi real estate market which is affected by sluggishness.

The sale of housing units in Vasundhara Enclave Delhi is lower compared to the previous months. While the experts say that this is due to the sluggish momentum existing in the market, others say that this is visible mainly in this locality. Read More »

Steelcase Leases Office, Sets To Enter India

Leasing office space in IndoSpace Industrial and Logistics Park, US furniture major Steelcase has signaled its Indian entry. This will be the first production unit in India.

Steelcase has leased 50,000 sq. ft. of office space in IndoSpace Industrial and Logistics Park. The group plans to set up their first production unit in India here. Steelcase is a US based furniture major. Read More »