Cities
The Pune based real estate company Kumar Urban Development ltd has raised Rs 200 crore for its residential township project in Pune. KUL Ecoloch will be an integrated residential township located at Mahalunge in Baner, Pune. The total area of the construction will across 110 acres. Apart from residential apartments, hospital, mall and school will [...] Continue Reading »
MHADA started repairing the cessed Laxmi apartment in Byculla. A part of the under repairing building has collapsed and two labourers were killed in the incident. According to the fire brigade department, the Laxmi apartment on N M Joshi Road is more than 50 years old. It is a four storey building which was being [...] Continue Reading »
According to real estate analysts more than five lakh apartments are under construction in the NCR. NCR is reported as the largest residential property market in India. The analysts also reported that the launching of new properties in NCR happened during the global economic slowdown period. Almost 50% of the 5 lakh residential units will [...] Continue Reading »
The Tripunithura Municipality has allotted Rs 3.2 crore for setting up a public park in the city. However the construction of the park is delaying due to the conflict of opinions over the land acquisition between the Municipality and the Palace Administrative Board. The Palace board are asking a higher price for the land which [...] Continue Reading »
At Giriraj Apartments on Altamount Road in Mumbai, there is a redevelopment clash witnessed. It has been learnt that one group of residents are oppose the proposed self-development whereas the other group is approaching the ‘Stop Scam Redevelopment’ forum. The condition at Giriraj Apartments in Mumbai has turned very critical! The society’s managing committee since [...] Continue Reading »
India’s famous modern architect, Charles Correa voices out his difference of opinion about increasing shiny high-rise apartment blocks mushrooming in all Indian cities. He say that property buyers in India have incorrect perception as to tower apartment blocks are progressive and modern. Mr. Charles Correa say that the concept of tallest and combined apartments in [...] Continue Reading »
Navin Housing, a Chennai based leading property developer who is giving excellent realty projects in Chennai, recently announced their 100th project. Navin Housing’s 100th realty project is at Porur-Kundrathur Main Road in the western suburb of Chennai. This is a residential project comprising of ground plus eight floors, 80 apartments with two and three BHK [...] Continue Reading »
The balcony wall collapse news at apartment in Chennai comes as a shocking news for the whole city. The balcony collapsed at Tamil Nadu Housing Board (TNHB) apartment complex in Manali New Town crashed a women to death leaving women and her children injured badly. The sources say that these apartments were constructed during year [...] Continue Reading »
The rental rates of homes in Mumbai is skyrocketing. The citizens in Mumbai are oscillating between the options of either renting house or purchasing one! When asked about the same to one of Vishal Pariekh a sales executive living in Mumbai, he alone had too many concerns to think about. Pariekh who at present stays [...] Continue Reading »
Private equity firms Blackstone and KKR are in talk with UB Holdings for buying the UB City. It is being said that the office real estate of the UB City may be sold at a price of Rs 650 crore. The higher officials of UB group are refused to comment on the development. The UB [...] Continue Reading »
