Cities
Project launches in Kochi might seem to depict that the real estate industry is on the rise, but the decreasing rate of property registrations tell another story. The financial year 2013-14 saw a dip in this aspect, in comparison to the year before. In terms of percentages, the decrease is only around 1%, but a [...] Continue Reading »
Six IT companies which are UST Global, Trans Asia, Claysys Technologies, Syscon Group, Brigade Enterprises and Media Systems will set up campuses in Kochi’s 160-acre Infopark Phase II project. Ferston Infratel Pvt Ltd and Abad Builders are also jointly developing this IT infrastructure facility and the expenses are expected to be Rs. 2500-crore. Industries and IT [...] Continue Reading »
The Bangalore Development Authority has gone ahead and denotified seven acres of land in the controversial site itself. On Saturday, the allottees association also shot off a letter to the chief minister Siddaramaiah. He happens to be the chairman of BDA and also demands a CBI intervention into the issue of denotification. There are survey [...] Continue Reading »
When India’s capital was given the Delhi Metro, it completely changed into the fast-paced city that you see today. India’s financial capital is gearing up for a similar change with the forthcoming Versova Andheri-Ghatkopar (VAG) corridor commissioning of the Mumbai Metro. The PPP initiative from a major French transportation company, Veolia, and Reliance Infra is [...] Continue Reading »
The government of Maharashtra told the legislative council on Saturday itself that the police station at Marine Drive had taken down a statement from Mumbai North East MP Kirit Somaiya against three chief ministers along with two other serving ministers who were accused in the case of Adarsh. One of the politicians of BJP named [...] Continue Reading »
After the wait was finally over, the city of Mumbai finally experienced the rush and joy of the metro ride within six hours of its operation on Sunday itself when Prithviraj Chavan who happens to be the chief minister flagged offs its service. According to one of the Mumbai Metro One Spokesperson, it passes the [...] Continue Reading »
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »
The Sahara Group has struck a Rs 464 crore sales deal with an Ahmedabad-based developers – H N Safal and Goyal & Co – for approximately 4.21 lakh square metres of land belonging to the ‘Sahara City’ residential scheme in the city. The sale of the ‘Sahara City’ residential project in Ahmedabad is a move [...] Continue Reading »
Kudumbashree - a women self-help group in Kerala – is set to venture into the construction arena. The group has already witnessed success in a number of diverse fields, ranging from pickle-making business to IT business. Marking its foray into the construction sector, the Kudumbashree group has efforts underway to embark on a plan under which a ‘model [...] Continue Reading »
India’s most important luxury state developers have recently launched a residential project known as Marvel Bounty II in Pune. The Pune based company Marvel Realtors are now launching Marvel Bounty II which has 103 units. Earlier it had sold 96% of the 139 units. Bounty I and Bounty II projects take up quite a lot [...] Continue Reading »
