Cities
Hyderabad- The largest shopping mall in South India will be constructed in Hyderabad and will have an investment of about Rs. 500 crore by the Lanco Group. It is expected to be completed in the next 30 months. This shopping mall will be built by Lanco group in Hyderabad and will be known as ’The Lanco [...] Continue Reading »
Real estate has been the most visible source for black money as it has never been regulated in India. This is also a hot topic in the India Parliament which opened on November 29, 2012. Other than real estate, black money also involves owners and investors. Black money is present in every step of a real estate project, [...] Continue Reading »
Kolkata – The serious issue regarding land and sops policy is highly affecting the West Bengal’s real estate market. During an inauguration of a three day conclave on Bengal Builds with top city and few pan India developers as invitees, Chief Minister, Mamta Banerjee quoted that the state is in deep debt to offer freebies to [...] Continue Reading »
Hyderabad- One of the renowned property development firm, Mahindra Lifespace Developers (MLDL), had been focusing on the medium and premium residential projects and has now decided to come up with affordable housing projects. The firm has decided to merge with micro finance institutions and banks to initiate the affordable housing projects. Mahindra has already set up its rank through World City projects at Chennai and Jaipur [...] Continue Reading »
Recently, Writer Realty, the real estate branch of Writer Group has brought a two-acre of land for Rs 200 crores in Bandra. The company is planning to utilise this land for mixed-use residential purpose. By next year they are planning to launch a luxury residential project which will be located near Pali Hill. There was a [...] Continue Reading »
New Delhi - The city of Delhi will no longer witness a shortage of houses for the poor and the downtrodden as the Delhi Development Authority (DDA) has decided to come up with about 14 lakh houses in five new zones which will be known as urban extensions. The project will begin with a survey which will check the land [...] Continue Reading »
Bangalore- The new contractors hired by the Bruhat Bangalore Mahanagara Palike (BBMP) were initiated to start the work from December 1. But the contractors have failed to keep up their word. According to BBMP sources the new contractors had geared up to start three packages in south zone, three packages in Rajarajeshwari Nagar zone and [...] Continue Reading »
Kolkata- Credit Information Bureau (India) Ltd (CIBIL) and the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) are together planning to offer a single window facility to check credit worthiness and legal status of property to lenders. The two organizations have planned to sign an agreement on 10th December. Once the [...] Continue Reading »
Chennai- The proposed Tambaram Eastern Bypass Road, which has been in the pipeline for nearly a decade, but with the announcement of a floor space index (FSI) of 2.5, has become a hot cake for developers. Though the residents of Sadanandapuram and the Tamil Nadu government are in a long term dispute over the project, [...] Continue Reading »
Mumbai- The project of elevated rail corridor from Virar to Oval Maidan, has been opposed by the residents of South Mumbai, since they are worried if it would bring down the sanctity of Oval Maidan and would risk the surrounding projects. Requesting the authorities to conduct an Environmental Impact Assessment (EIA) of the area before [...] Continue Reading »
