The idea behind this blog is to seek and share information on property developments & upcoming infrastructures, real-estate projec..
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Realtors Shift Focus on Integrated Townships
Published on 2008-10-29 05:29:39
After the slowdown in demand for residences, developers and international property consultants have realised that 'integrated townships' are the next trend across the country. Many realty majors are focusing on the development of integrated townships. Even as DLF Ltd is planning to develop 4,840-unit ‘Dankuni’ township in Kolkata, the Housing Infrastructure Development Corporation (HIDCO) is developing 9,334-unit 'Rajarhat' township in the periphery of Kolkata. Emaar Group is planning to dev
Single-family Home Starts in the US Plunges Down
Published on 2008-10-29 05:26:49
Single-family housing starts fell more than anticipated in September, falling to the lowest level in a quarter century and indicating the real-estate slump intensified even before the recent credit meltdown. Construction began on 817, 000 houses last month, down 6.3 percent from Augusts’ 872, 000 level that was lower than previously estimated, the Commerce Department said in Washington. Building permits, a sign of future construction, dropped 8.3 percent to 786, 000 pace, the lowest level sinc
Malls Coming Up With Hotels On Premises To Attract More Customers
Published on 2008-10-29 05:24:20
The new mantra for city malls is to entice customers into staying at the mallsonly. For instance, the Select City Walk Mall in Saket, recently unveiled 83 plush suites spread across five levels, complete with living room, kitchenette and designer bedrooms, called Svelte Suites. These suites are classified as Executive, Royal, Grand, Deluxe and Presidential suites. Their rates range from Rs 12, 000 to Rs 30, 000 per night, with room sizes ranging from 450 sq ft to 1,100 sq ft. The Ambience Group