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The Chandigarh Housing Board (CHB) has finally decided to change with the times. In a major pro-people move, it has decided to make property transactions in the city hassle-free by allowing mutual sale and purchase of dwelling units by allottees. Until now, the transfer of CHB flats in Chandigarh was based on the general power of attorney, a system rife with defects and legal complications.

But all that is now passé, with the bo Read more »

The rising Indian economy has led to the prosperity of  real estate sector in India. The real estate in India has grown as one of the most attractive investment areas for domestic as well as foreign investors. Indian real estate has great potential demand in almost every sector, but especially commercial, residential, retail, industrial, hospitality, Read more »

Bank of Baroda, India’s international bank has entered into a Memorandum of Understanding (MoU) with Dubai Properties, the region’s leading real estate company, whereby the bank will provide home finance to buyers of residential units in a number of Dubai Properties’ projects across the UAE.

The agreement was signed by Mohamed S. Binbrek, Chief Executive of Dubai Properties, and Ashok K. Gupta, Chief Executive, GCC Operatio Read more »

Mumbai, Jan 13 Real estate developers fear 30% to 50% increase in prices as well as demand for property in Mumbai, Pune, Nasik, Chennai and Bangalore, compared with the ongoing steady demand and prices in Delhi and the NCR region from March 2008 onwards.

According to industry experts, with Indiabulls (14 lakh sq ft of commercial and retail) and Peninsula II (5 lakh sq ft) properties under construction in Lower Parel in Mumbai, th Read more »