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The shifting proposal of the Jewar international airport has left a negative impact among Greater Noida domestic and multinational companies and the real estate business. Companies that were planning to expand business in Greater Noida are now thinking about their decision. According to the Association of Greater Noida Industries, this decision is an anti-industry decision. [...] Continue Reading »
The Uttar Pradesh Power Corporation Limited has disconnected the power supply of nearly 12 apartments in Lucknow. According to Lucknow development authority, those apartments had not got their plans sanctioned and they are illegally constructed. These apartments are in posh residential colonies like Mahanagar and Chinhat without any kind of approval from the development authority. [...] Continue Reading »
Real estate developer Ansal Properties & Infrastructure has planned to expand its two big townships in Lucknow and Greater Noida by a total of about 4,000 acres. The builder has already applied for approval to expand its township. The company is currently developing a 3,500-acre township Sushant Golf City at Lucknow, while the Megapolis Township [...] Continue Reading »
The growth of the real estate market in Ghaziabad and Meerut has increased the rising opportunity for the marble retail business in the area. The marble industry in India has been flourishing since the real estate started growing in the Indian market. Now India is one of the foremost marble markets in the world. The [...] Continue Reading »
An illegally constructed multi-storey commercial complex on the government’s land has been demolished by the district authorities in Mysore. The structure was lying vacant for the past two years. Once the government has identified the land as government property, they started demolishing the structure. Srinivas, a resident of Kumbarkoppal, approached High Court and then to [...] Continue Reading »
Nitesh Fisher Island, a high-end villa project in Goa, has been launched by Nitesh Estates. The project will be constructed over 9.3 acres and comprises 36 high-end villas. The project is expected to be completed in the next two to three years and will cost around Rs 300 crore. Each villa is priced between Rs [...] Continue Reading »
MYREALTY-2012, ‘The Great Property Show‘ at Maharaja Grounds in Mysore will start from May 18. The realty expo will be conducted by Builders’ Association of India (BAI), in association with Confederation of Real Estate Developers’ Associations of India (CREDAI, Mysore center). The organizers are aiming to bring buyers, sellers and financiers on the same platform [...] Continue Reading »
Infrastructure has a greater impact on real estate industry in India. After that announcement of cancellation of Jewar Airport Project, the real estate market in Greater Noida and around Yamuna expressway has witnessed a downward trend. The construction of the airport is cancelled on the base of a clause in the agreement between Centre and [...] Continue Reading »
Real estate focused private equity fund ASK Property Investment Advisors had invested Rs 50 crore in the residential? development ?project in Noida. The project is expected to be completed in few months. 12 residential tower have been constructed in the project over 14.5 acres of land in Noida. As the project ended with a great [...] Continue Reading »
New residential project will come up in Noida by Gulshan Homz. The real estate developer has planned to invest Rs 900 crore in the next five years to develop various residential projects in Noida. The builder group has already launched Ikebana in Noida, where 1500 three bed room apartments will be constructed in phases, in [...] Continue Reading »
