Apartment News
The residents of apartments with piped liquefied petroleum gas (LPG) supply can now take a sigh of relief. The government has relaxed the norms about supply of gas cylinders and decided that each occupied flat is entitled to an annual supply of six subsidised cooking gas cylinders. Earlier decision had been taken under which the [...] Continue Reading »
Sobha Developers Ltd posted a 73 per cent rise in net profit to Rs.45 crore for the June quarter. It sold 25 per cent more space at sharply higher prices in its key market Bangalore. Revenue rose 57 per cent over a year ago to Rs.433.2 crore. The realty firm sold 835,600 sq ft. of [...] Continue Reading »
American property mogul Donald Trump‘s maiden real estate project in India is launched in Pune. Developed by Pune-based Panchshil Realty, ‘Trump Towers Pune’ is a residential project, which will mark the entry of the ‘Trump’ brand of luxury into the domestic real-estate market. With approvals ready and construction already started, the project is expected to [...] Continue Reading »
A recent survey by the civic authority has revealed that there are more than 320 real estate projects in Mumbai, both commercial and residential, which have been put on hold. The data came up during a recent survey of mosquito-breeding sites in the city. Majority of these projects, around 202, are in the western suburbs [...] Continue Reading »
Godrej Properties, the real estate arm of Godrej Group has registered 70.64 per cent growth in consolidated net profit at Rs 17.15 crore for the quarter ended June 30 due to strong sales. The company had registered net profit of Rs 10.05 crore in the corresponding period last year. The firm’s total income grew by [...] Continue Reading »
Delhi district consumer forum came up to stand for the rights of a consumer and directed leading real estate company Unitech Ltd. to pay back the booking amount and also imposed a fine of Rs. 15,000 on the company. The complainant alleged that he had paid Rs. 6.5 lakh as an installment amount to the [...] Continue Reading »
Brigade group has started a mega integrated real estate project located at Devanahalli. It is named as Brigade Orchards and will comprise of luxury villas, value homes and premium apartments. The developer says the project will be completed in a span of five years involving Rs 2,000-crore investments, which will include 3,500 residential units [...] Continue Reading »
True Value Homes (TVH), a Chennai-based property developer, has recently launched a high-end luxury apartment project named Quadrant. The project is located in Adyar, one of the most sought-after residential localities in south Chennai. Spread over about 2.2 acres, the project will offer 100 residential units in a 18-storied building with high-end provisions with a [...] Continue Reading »
The residents of Uttam Apartment in Malleswaram showed civic sense and alertness when they called up the fire department to request for a fire drill. The department welcomed the residents’ alertness. The idea was hatched after a fire broke out in the neighbourhood and the residents realized how ill prepared they would have been had [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) has decided to demolish 400 unauthorized constructions in the city. The MCG has planned the demolition drive on the weekend keeping in mind the availability of the police force. So far only 13 have been demolished, out of the 400 unauthorized constructions identified by the MCG. The deputy commissioner [...] Continue Reading »
