Cities
In a recent launch by the Chief Minister J Jayalalithaa in Tamil Nadu, a housing scheme for police personnel has been initiated as a part of the government’s resolve to cater comfortable dwelling units for the uniformed personnel. The foundation stone for the construction of about 2,673 multi-storeyed dwelling units under the first phase of “Own [...] Continue Reading »
Here is another new tactic to attract the buyers; One of the most noted Chennai-based Landmark Construction group has recently initiated a fully-furnished, apartment project in the ultra-premium segment with a new concept called “walk in and live” projects. This new concept allows the buyers to get a fully furnished flat along with electrical appliances [...] Continue Reading »
With almost all the cities coming up with property shows, the latest one is by Andhra Pradesh Real Estate Developers Association. This property show is the third edition in Hyderabad and will be held on November 10 and 11. Along with other items the property show will include a conference on ‘Real Estate which will focus on accelerating [...] Continue Reading »
A latest property exhibition named ‘Ashiyana’ has been organised by the Central Bank of India in Pune due to the upcoming festive season. This property expo has been held at the New Agriculture college ground, Sinchan Nagar, behind Bhosle Nagar, Range Hills and will be continued on November 3 and 4. It is seen that various [...] Continue Reading »
A real estate project, Bhartiya City, a 125-acre integrated city near Hebbal in Bangalore has been launched by Bhartiya Group. The project comprises of homes in different formats, work spaces including a large IT SEZ , financial district, shopping district and a high street, hotels, a hospital and a school altogether by the eight districts [...] Continue Reading »
According to the real estate consultant Cushman and Wakefield, investment in real estate has dropped 15% to Rs 3,480 crore in the first three quarters of this year. Transactions for this year are 23, which is marginally lower than the same period last year. Of the total investment in the first three quarters of 2012, [...] Continue Reading »
Jones Lang La-Salle (JLL) India, the property consultancy firm, is to launch a new real estate fund worth Rs 300 crore in the domestic market. The fund is been approved by capital market regulator Securities & Exchange Board of India (Sebi). The project focuses on residential projects in tier-I cities. The group is aiming to fetch [...] Continue Reading »
The office space market in Bangalore witnessed a moderate leasing activity during September as against August this year. IT/ITeS sector continued to account for majority of the leasing in the city. The city has witnessed stable demand and restricted supply in the month. As a result, the overall vacancy rate has been low during the [...] Continue Reading »
The new Draft Development Plan of Gurgaon-Manesar Urban Complex-2031 states that land will be no longer acquired for the SEZ (special economic zone) purposes. The provision, one among several others, comes in the wake of viability of SEZs put in question. Reliance Haryana SEZ Limited’s (RHSL) inability to purchase and accumulate contiguous lands for their [...] Continue Reading »
Lessees and occupants of Maharashtra state government land will have to display certificates, declaring that their properties were granted by the government. A notice board has to be displayed on the building premises or on compound walls, visible to the public from now on. State government officials say that this will help the government to [...] Continue Reading »
