Mumbai
Anil Ambani lead Reliance Group joins hands with China’s leading real estate developer WANDA GROUP for a multi-million dollar joint venture to develop an integrated township project in Hyderabad. This will be the first time that a Chinese Real Estate company is entering the Indian Real Estate market. The initial projects have been initiated in [...] Continue Reading »
Can the civic body make a new development plan without asking the slum dwellers? Though Mumbai city comprises of 70 percent slum dwellers, the civic body has established its new plan without consulting them. Till now the development plan has not done anything for the urban poor. The development plan has not made any housing [...] Continue Reading »
If you are planning to buy a residential property next year, you are going to get many attractive mode and scope of payment scheme but there will be cut short of amenities and facilities in the project. Real estate developers understood that because of overpricing, the properties in India are not getting sold out and [...] Continue Reading »
A report by PricewaterhouseCoopers and Urban Land Institute stated that cities like Mumbai, Bangalore and Delhi have seen less desire by international bodies in real estate sector for investment purpose. In 2012, Mumbai, Bangalore and Delhi were in 10th, 15th and 12th rank in the report Emerging Trends in Real Estate Asia Pacific which has [...] Continue Reading »
The metro project was launched in May 2011 and the civic body is planning to complete the viaducts and stations by 2014 as there was a delay in the project by six months. The City and Industrial Development Corporation (Cidco) is constructing the metro rail project between Belapur and Pendhar. The civic body has started [...] Continue Reading »
According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »
Kohinoor Group has launched a high rise mixed use development project, Kohinoor Square which is spread across 4.8 acres and strategically located at Dadar. The project will be operational by December 2013. The project is well connected to Dadar railway station and is also very close to western and eastern expressways. The project is also [...] Continue Reading »
Integrated township has been witnessing a strong demand. The new home buyers are giving more preference for community living that offers a mix of amenities at the doorstep. The state government has implemented some reforms in the township policy to make townships more reasonable. The new policy has been approved by the Chief Minister and [...] Continue Reading »
Several citizens have complained about the illegal hoardings which was put up by various political parties in Mumbai. Brihanmumbai Municipal Corporation (BMC) has started to take actions against the hoardings after they received complaints from the citizens. BMC chief, Sitaram Kunte ordered employees to crack down the illegal hoardings. The hoardings, whoch include the death anniversary of [...] Continue Reading »
Citibank, the leading foreign bank had put a flat for sale in 2008 in Malabar Hill‘s IL Palazzo building and Vinod Khanna, bollywood actor was the highest bidder with a record bid of Rs 1.20 lakh a sq ft for the 2,550 sq ft flat. But the actor did not go through the flat at that time. [...] Continue Reading »
