The CREDAI, India
has initiated two initiatives on code of conduct and consumer redressal forum
to ensure transparency and ethical business practices among builders of India. For
same, T. Chitty Babu, Chairman and CEO, Akshaya Pvt Ltd, has been appointed as
Chairman to oversee the initiatives across India.
Saturday 31 August 2013
Tuesday 27 August 2013
Rental & Property Prices went up in Delhi NCR
Pankaj Bajaj Eldeco - The residential & commercial property prices and rental
rates have been constantly increasing in capital city and its outskirts over
the year with Gurgaon purposely keeping up with the momentum. Delhi NCR, Noida
and Faridabad are also reaping the profit in price and rentals owing to greater
connectivity with Delhi and reasonable housing projects.
Monday 12 August 2013
DDA divided land pooling in two categories
The Delhi Development Authority (DDA) approved the
much-awaited land pooling policy. This policy allows land-owners to pool their
land for development by DDA where minimum land pooling size should in two
categories, first with 20 hectares and above and, second between two and 20 hectares.
Real Estate Developers are switching to
internet marketing
Realty builders are
cutting back on advertisement expenditure and are switching over to web via
social media networking sites, blogs, forums, press releases, review sections
and real estate web portals to interact with quality target group especially with
urban youth as they indulge over half of their online time on social networks.
Monday 5 August 2013
New home sales fell in Delhi NCR
In spite of eye-catching and profitable home buying schemes,
sales in Delhi-NCR were down 13% from the January-March period. Not only in
Delhi National Capital Region but new home sales fell in Mumbai, Pune, Chennai
and in the June quarter.
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