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Bangalore based Prestige Estates has performed better than its competitors in the industry, especially in the fourth quarter of the last fiscal. The group is a well-known developer in South India with a strong presence in Bangalore, Hyderabad, Chennai, Mysore and Mangalore. This progress happened due to the stable real estate growth in Bangalore and [...] Continue Reading »
DLF builder has planned to focus on building luxury homes and continue selling non-core assets to reduce debt. DLF, which saw a 37 percent erosion in its share price in 2011, is struggling to meet a target of selling non-core assets worth 60-70 billion rupees by 2012-13 to pare its debt. Since 2007-08, DLF’s interest [...] Continue Reading »
Two accused in Adarsh Society scam were granted bail by the CBI special court. Those two accused had been in custody since their arrest on April 3, had filed their bail applications on Monday. In the bail application the lawyer has said that all the offenses are punishable for less than 10 years and therefore [...] Continue Reading »
Residents of Greater Kochi have opposed the idea of upcoming industrial projects in the areas of Eloor-Edayar and Ambal-amugal. This is because of the fact that there is less qualitative work done for the improvement in the condition of air, soil and water in the area and the new projects will deteriorate it more. The [...] Continue Reading »
Several resident’s welfare associations of private colonies of Gurgaon have opposed to the idea of house tax imposed by Municipal Corporation of Gurgaon (MCG). The residents alleged that the municipal corporation does not even have its jurisdiction in their area, hence why imposing a tax. Some of the residents have written letters showing their protest [...] Continue Reading »
The Andhra Pradesh Government has given the revenue department a target of revenue collection of Rs 5,300 crore. This is 25 percent more than the total revenue collected in Hyderabad last year. The government had increased the market values of properties in Hyderabad in 2010, is keen on repeating the same this year as it [...] Continue Reading »
Aisshwarya Samskruthi is a 3BHk and 4BHK villa project in Bangalore, developed by the Aisshwarya Group on Off Sarjapura Road. Each villa of the project exhibits a distinct character as the exterior facades run along the street face creating a wonderful cascading visual. Every individual unit turn houses an indulgent experience. The villas are designed [...] Continue Reading »
MJR Builders has the reputation of being honest, straightforward, just and fair in the way of operation of the business. From roads, flyovers, airport tarmacs and community centers, the group today caters to the entire spectrum of solutions that any industrialized society needs. Today MJR Builders is not just an empowered and knowledgeable organization, but [...] Continue Reading »
MJR Platina is an upcoming residential project in Bangalore. The project is developed by MJR Builders on the Hosur Main Road at Kudlu Gate. The project site is located at 3km from Central Silk Board. Easy connectivity to Electronics city made the project a preferable one. It is constructed in close proximity to numerous Tech [...] Continue Reading »
Brigade Enterprises, a real estate builder in Bangalore, has announced to raise additional capital of Rs 750 crore by issuing equity based securities to various investors through Public-Private Offerings, QIP, or Preferential share allotment. This is in addition to their earlier plan of raising Rs 500 crore by private equity investments. The exact mode and [...] Continue Reading »
