toral estate

Masala bonds are offered and settled in the US dollars to raise Indian currency from global investors for infrastructure development to be undertaken in India. It, therefore, is beneficial for offshore investors who are looking at an exposure in Indian assets. With housing finance companies issuing masala bonds, revival for real estate may be on the cards.

After a meeting which was attended by real estate developers active in the City of Malls on April 12 in Chandigarh, Haryana Chief Minister Manohar Lal Khattar said his government had divided the city into four zones to carry out the development work to achieve that specific target.  The move, the CM claims, has benefited the city -- various projects are under the final stages of completion.

The district magistrate recently issued an advisory to property buyers, saying they should not take possession of units unless the project is certified to be following the Uttar Pradesh Vector-Borne Disease rules. Under the UP Prevention and Control of Malaria, Dengue and Any Vector Borne Disease Regulation, 2016, buyers should not accept possession of units without ensuring the project has received a certificate for having in place an anti-mosquito mechanism. Also, those who are providing mosquitos a breeding ground by blocking drain water will be served notices.

Lack of public transportation has for long had an impact on the property prices in Noida and Greater Noida. However, the upcoming Metro links will change the real estate landscape of these twin cities and boost property prices. Trial runs on the 30-kilometre Aqua Line in Noida will begin from April 15 — a route that will originate from Sector 71 and terminate at Delta Depot Station in Greater Noida. Many commercial markets in Noida as Sector 60, 61, 62, 63, SEZs and Noida-Greater Noida Expressway will witness real estate growth. Housing opportunities and rental demand are also set to rise in Noida.

The soon-to-be-operational Ahmedabad-Gandhinagar Metro Link project is set to boost property demand in Ahmedabad. Known as Gujarat's financial capital, the city has time and again proved that living in metro cities need not be a costly affair. Based on PropTiger.com data, here are five top localities in Ahmedabad that saw high apartment sales between Oct 2017 and Dec 2017.