Community
On the occasion of World Environment Day, Allahabad residents have taken pledge to boycott the use of polythene bags in the city. The residents have come up with a slogan “Save Natural Resources and Environment” for the same. A door to door campaign was conducted to spread awareness about protecting environment and forest conservation. Even [...] Continue Reading »
The first prestigious residential project in Bangalore to achieve 6 Star from CRISIL Bangalore is The Gardens by the ETA. The luxurious residential project is launched over an area of 16.2 acres of land. In the project 937 apartments will be constructed in 10 towers. 2BHK and 3BHK apartments will be available in a price [...] Continue Reading »
A part of the well-known ETA-Ascon conglomerate, ETA Star Property Developers has launched a 6 star rated real estate project in Bangalore. ETA Star was established with the prime objective of serving the burgeoning commercial opportunity in UAE’s free-hold market. The company offers the whole gamut of services in property development and hospitality services. ETA [...] Continue Reading »
Hines India Real Estate Pvt. Ltd, the local unit of a US-based realty firm, plans to invest into residential development projects in India and warehousing and logistics sector. Hines has built many landmark towers such as the Bank of America Center in Houston and the EDF Tower in Paris. In 2007, Hines set up a [...] Continue Reading »
The Confederation of Real Estate Developer’s Associations of India (CREDAI) has called for unleashing of immediate reforms governing the realty sector to put an end to the license raj and stop the illegal transactions in realty deals. According to a CREDAI personal, the system itself is responsible to convert the real estate business as full [...] Continue Reading »
The commercial property markets in India is showing indications of a slight turnaround with investments and rentals moving up in first quarter of this financial year. Developers for their part are gearing to tap the commercial property market with faster completion ratio and refurbishing existing properties in India. According to the RICS India Commercial Property [...] Continue Reading »
The Haryana cabinet has approved the proposal of the department of town and country planning to increase the license fee for residential plots, group housing and industrial colonies. The increased rates of license fee may impact property rates, especially in new colonies and coming up projects in Gurgaon, Faridabad, Sonepat and Panchkula districts. The cabinet [...] Continue Reading »
Slum redevelopment schemes as well as redevelopment of old ceased-buildings are playing a key role in real estate development projects in Mumbai. The redevelopment projects will be taken on high priority as the availability of unoccupied land is very less in Mumbai. DB Realty, Tata Housing, HDIL, Unitech, Godrej Properties, Kalpataru group, Omkar Realtors, Hiranandanis, [...] Continue Reading »
The Coimbatore Municipality has proposed to collect a fixed amount as security deposits from the builders, so that they will not violate the Building Laws. The amount will be refunded back to the individual after the completion of the structure and assessment to ensure whether there are any violations in it from the approved building [...] Continue Reading »
In order to abide by the new development control rules, developers have had to change plans and resubmit them to the BMC. This process will raise the construction cost of the properties in Mumbai. According to different real estate builders of Mumbai, this decision will increase the cost of construction of properties in a range [...] Continue Reading »
