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Proposed land price hike draws criticism in Madhya Pradesh

Proposed land price hike draws criticism in Madhya Pradesh
The new industrial policy of Madhya Pradesh is likely to be unveiled by the middle of the next month. The proposed policy has already started brewing up storms as it proposes an increase in the price of industrial land to Rs 40 per sq ft from the existing Rs 23.75 per sq ft. The industries [...] Continue Reading »

BMC to display building names with OC on website

BMC to display building names with OC on website
The Brihanmumbai Municipal Corporation’s (BMC) website has been upgraded to display the names of all city buildings that have an occupational certificate (OC). Recently more than one lakh flat owners of 6,000 buildings in the city of Mumbai have had to bear the brunt of the absence of an OC by paying double water charges. [...] Continue Reading »

Real estate is expected to boom in Khar Danda area

Real estate is expected to boom in Khar Danda area
The National Coastal Zone Management Authority (NCZMA) recently reclassified Khar Danda area as a creek. The reclassification is expected to bring in strong incentive for the developers in the area. As Coastal Regulation Zone (CRZ) norms in the Khar Danda area are eased, the stage is all set to spur redevelopment activity the area. The [...] Continue Reading »

Century Real Estate announces plot development project

Century Real Estate announces plot development project
Century Real Estate has announced their foray into plotted development. Their first plot development project ‘Century Eden‘ is announced. The announced project is located on Yelahanka-Doddaballapur road and enjoys strategic location as it is close to the Bangalore International airport. The project spreads over 40 acres and the estimated cost is not yet announced. To [...] Continue Reading »

Brigade Group wins two Credai awards

Brigade Group wins two Credai awards
Brigade Group, one of India’s leading real estate developers was awarded with two prestigious awards by Confederation of Real Estate Developers’ Association of India at CREDAI Real Estate awards 2012. They were the only developer to win two awards conferred by the Real Estate industry. The awards were – “Theme based township of the year” [...] Continue Reading »

Godrej Properties to redevelop private society in Mumbai

Godrej Properties to redevelop private society in Mumbai
Godrej Properties is all set to redevelop a residential property of a private society in Ghatkopar, Mumbai. Mumbai based Godrej Properties, the real estate development arm of Godrej group, will be adding another redevelopment project to its portfolio with this one. The project spread over 2.5 acres will offer around 185,000 sq ft of free [...] Continue Reading »

Noida Authority shows green light for Wave Group’s City Center

Noida Authority shows green light for Wave Group’s City Center
The Noida authority has shown the green light for the construction of Wave Group‘s City Center, one of India’s biggest mixed-use residential and commercial developments. Wave Group has brought in the very best in the world with well-known international consultants like SOM, IMXD, FORREC, AECOM, ARUP, and NOSTRI on board to guide this urban development [...] Continue Reading »

Dwarka-Gurgaon Expressway promises to be a real estate destination

Dwarka-Gurgaon Expressway promises to be a real estate destination
The real estate experts seem very upbeat about the Dwarka-Gurgaon Expressway. The Expressway, also known as the Northern Peripheral Expressway, will be a significant area for investment as the real estate sector has vast potential for a robust growth along the expressway. The 150-metre-wide and 18km-long Dwarka-Gurgaon Expressway is likely to be completed in the [...] Continue Reading »

Property fair to be held in Coimbatore

Property fair to be held in Coimbatore
Confederation of Real Estate Developers’ Associations of India, Coimbatore will organise a three-day property fair at CODDISSIA Trade Fair Complex from August 17. The fair is to feature properties of 30 member developers apart from housing finance companies that will provide home buyers with instant home loan processing options. The organizers state that number of [...] Continue Reading »

City Corporation ties up with Swarovski to design township in Pune

City Corporation ties up with Swarovski to design township in Pune
Real estate developer City Corporation has tied up with international crystal brand Swarovski for designing its 14-acre township in Pune. The project is called Amanora Gateway Towers I, which would be developed at a cost of Rs 10,000 crore. Swarovski will design crystal applications and lighting products for the township’s fixtures and interiors, Gateway Towers [...] Continue Reading »



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