Cities
In the period between 2002- 2007, Indian real estate observed notable growth, with a large number of project launches in the same period and the introduction of Real Estate Consultants came into spotlight. When compared to property dealers, the real estate consultants were professionals, educated people and knew the presentation level required for the projects [...] Continue Reading »
Hyderabad – The Hyderabad Metropolitan Development Authority (HMDA) has proposed a budget of Rs 3,772 crore for the year 2013-14. A major part of this budget (Rs 1,551) is allocated for the Outer Ring Road (ORR) project in order to ease traffic congestion in the city. The budget proposed by HMDA is around Rs 800 [...] Continue Reading »
Max Group is planning to enter the hospitality sector with a wellness resort brand “Vana”. Vana Retreats and Hotel Pvt Ltd is a venture which is lead by Analjit Singh‘s son Veer Singh. The firm is planning to operate lifestyle properties across India and abroad with an initial project budget of Rs 300 crore. This [...] Continue Reading »
Era Group has launched its latest project “Sky Ville” at Sector 68 in Sohna road, Gurgaon. The project is situated adjacent to the commercial projects on Sohna Road, which is an add on point for the project as it will have good connectivity with rest of the city. Sky Ville offers luxury homes with world [...] Continue Reading »
Ansal Properties & Infrastructure (Ansal API) has successfully sold properties worth Rs 2,361 crore, within 11 months, which is a little less than the sales of last year. According to the latest reports, during April 2012-February 2013, the company has sold 18.64 million sq ft of area against 20.20 million sq ft in the corresponding period [...] Continue Reading »
Around 47 residential real estate projects in Mumbai have been stalled as they have not followed the green norms as advised by the union environment ministry office. The construction work of these projects have been stopped due to their non-adherence with the environmental laws. These properties in Mumbai have been stalled for more than 12 [...] Continue Reading »
Green County is one of the projects by Prashanthi Group which offers residential plots that are thoughtfully designed and planned for the true connoisseur. The project offers different sizes of plots ranging from 1200 to 1500 and odd sizes. The price of the plots falls in the bracket of Rs 16 lakhs to Rs 20 [...] Continue Reading »
A new step is planned by the Central Industrial Security Force (CISF) to reduce the frisking time during the peak hours, as the crowd becomes too congested at Delhi Metro stations. According to the officials, peak hour frisking time will soon be reduced from 8-12 to 5-6 minutes. The main stations like Rajiv Chowk and [...] Continue Reading »
A panel was set up last year under the former Competition Commission of India in order to find out ways to make approval process easier for the real estate projects. The panel has suggested a single-window clearance model for the real estate reports to get clearance easily. In this report the ministry of environment nor [...] Continue Reading »
Keep your property documents ready before survey department officials come to your door steps for registration under Urban Property Ownership Record (UPOR) process. This is the first initiative in India to streamline the ownership registration of urban properties. It is expected to start soon in Bangalore. The move includes issuing of Property Records (PR) cards [...] Continue Reading »
