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In Bangalore suburbs land scam comes to light

In Bangalore suburbs land scam comes to light
In the past year or so have you registered a site or building on revenue land in Bangalore outskirts? Just ensure the documents are authentic. In a land-registration racket that has come to light, fraudulent transactions to register properties have been going in many gram panchayats on Bangalore’s periphery using fake assessment register extract (Form [...] Continue Reading »

For redevelopment in Mumbai, 15,000 acres to be available

For redevelopment in Mumbai, 15,000 acres to be available
According to global realty consultancy Jones Lang Lasalle latest research report ‘Offices 2020,in Mumbai, About 15,000 acres of land will be available for redevelopment which in turn will increase the potential accessibility of quality new supply in the city, Mapping The Future Of The Mumbai Office Market. It added, in Mumbai grade an office supply [...] Continue Reading »

Over 900 acres land acquired for Chamarajnagar industrial park

Over 900 acres land acquired for Chamarajnagar industrial park
The acquisition for 900 acres of the 1,600 acres earmarked for the proposed industrial park in Chamarajnagar has been completed and the remaining would be completed by the end of the year. Chief Minister Siddaramaiah chaired the review meeting to discuss the progress in setting up the industrial park in Kallamballi and Badankuppe in Chamarajnagar [...] Continue Reading »

BMC Mumbai to put the details of approved building plans online

BMC Mumbai to put the details of approved building plans online
Brihanmumbai Municipal Corporation (BMC) will help Mumbaikars to make an informed decision before purchasing a house in the city. Civic approved building plans and certificates issued for a project will be available online. Shailesh Gandhi, head of the technical advisory committee explains that by the month-end, building plans approved since June 2013 will be uploaded [...] Continue Reading »

Supertech towers demolition stopped by Supreme Court

Supertech towers demolition stopped by Supreme Court
The Supreme Court put a hold on an order to demolish Supertech’s two under-construction 40-storey towers in the real estate firm’s Emerald Court project. A bench headed by Chief Justice R M Lodha issued notices on a batch of petitions by the builder preventing the immediate demolition of the two towers. The bench questioned the [...] Continue Reading »

Tata Realty and Infrastructure may join hands for Navi Mumbai airport project bid

Tata Realty and Infrastructure may join hands for Navi Mumbai airport project bid
A potential joint venture is being worked out by Tata Realty and Infrastructure and Ferrovial SA of Spain to bid jointly for Mumbai’s second airport project — the Navi Mumbai airport. Tata Realty and Infrastructure’s intentions of bidding for the Navi Mumbai Airport project – most likely in collaboration with Ferrovial – marks the company’s [...] Continue Reading »

Projections for Mumbai’s growth in next 7 years

Projections for Mumbai’s growth in next 7 years
With a contribution of approximately 5 percent to India’s total GDP, Mumbai – the ‘Maximum City’ – is a dynamic metropolitan which is expected to witness further growth in the coming 7-year period. Mumbai’s growth over the next few years will largely be driven by the fact that the city’s prominent growth sectors – including [...] Continue Reading »

Embassy, Sobha strike real estate deals worth Rs 1500 cr

Embassy, Sobha strike real estate deals worth Rs 1500 cr
Two substantial real estate deals have recently been struck by Bangalore-based firms Embassy Group and Sobha Developers. The deals – for which the two companies have shelled out more than ₹1,500 crore altogether – will give Embassy Group a major stake in a business park, and Sobha Developers a substantial stake in a residential project. [...] Continue Reading »

Property buyers protest against real estate agents in Gurgaon

Property buyers protest against real estate agents in Gurgaon
Around 50 home buyers, comprising businessmen, IT professionals and MNC employees, protested against Unitech in Gurgaon South City Area. The company failed to keep its promise to hand over flats within the time frame. The protestors had booked flat in Sunbreeze Apartment Project at Sector 69.The project was to be completed in 2012. Of the [...] Continue Reading »

Construction activity in Aravalis to be limited

Construction activity in Aravalis to be limited
The National Capital Region Planning Board (NCRPB) has asked Haryana government to address environmental concerns raised by various quarters in the state’s sub-regional plan, with the aim of preventing construction activities in Aravalis including Mangarbani forest. To demarcate the Mangarbani grove as a ‘no-construction zone’ and to limit construction to 0.5 per cent in the [...] Continue Reading »



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