Latest news

Technology
Prefabrication Construction in Real Estate
Prefabrication is the assemblance of the components of a structure in the manufacturing site and transportation of complete assemblies or sub-assemblies to the construction site where the structured is to be located.     Uses of Prefabrication Construction:   Uses to affect the economy in cost. Manufacturing of the components under controlled conditions Construction speed is increased Helps in locally available material along with the characteristics such as light weight,…
Read more
Technology
Building Information Modeling (BIM) in Indian Real Estate
  Building Information Modeling or BIM is the creation of an electric model which in use for visualization, analysis and as-built products to achieve one or more specific objectives.         Uses of BIM (Building Information Modeling): Gather Generate Analyze Communicate Realize   I. Gather: BIM is used for gathering the information about the specific amount of an element or the determination of the current status of the…
Read more
Technology
Virtual Reality (VR) in Indian Real Estate
Virtual Reality (VR) is a process of an artificial computer generated stimulation or the recreation of a real life environment which immense the user with an experience of the reality in firsthand.   Uses of Virtual Reality: Virtual Reality is visualized by a headset and it is used in two different ways: For the creation and enhancement of an imaginary reality as like gaming or 3D movies For training real…
Read more
Residential
$500 million committed by HDFC-ADIA platform to housing
Rs 3,175 Crore has been committed by Housing Department Finance Department and Abu Dhabi Investment Authority for the investment in the mid-income housing projects in India.   $900 million has been contributed by the Abu Dhabi S0vereign Fund from over $1 billion in these projects and to the developers which include Godrej Properties, Mahindra Lifespace Developers, Signature Global, Radius Developers, Rustomjee Group and Acme Group which has given a growth…
Read more
Technology
Augmented Reality (AR) in Indian Real Estate
Augmented Reality (AR) is related to the visualization of physical real-world environments which are augmented with superimposed computer generated images over a user’s view of the real world.   Types of Augmented Reality   Marker Based Augmented Reality: Market Based Augmented Reality is also known as the Image Recognition which uses a camera or a visual marker such as QR/2D code for producing the result when the marker is sensed…
Read more
Regulatory
Base rate reduced to 8.65% by SBI
Base rate is reduced by 30 basis points to 8.65% by State Bank of India which was the older lending benchmark and no changes has been made in MCLR (Marginal Cost of Lending Rate) which is the current benchmark.   This reduction is being benefited for those borrowers, who had raised the floating rate loans which includes the home loans before April 2016.   The range of SBI is from…
Read more