Realty News
The union minister of the state for civil aviation, G M Siddeshwara last Monday stated that the ministry has taken a decision to develop the Kolhapur airport as a “small airport” among the 50 locations that have identified along the country. This construction of new airports is being taken in the light of further development [...] Continue Reading »
The BJP councillors in the city last Monday went on alleging the Ghaziabad Development Authority. The councillors said that the Ghaziabad Development Authority have allotted housing units that are reserved for the economically weaker sections of the society to other people. A case of gross violation has been laid on the procedure by the UP [...] Continue Reading »
The housing prices in India will rise during the second half of this year with the improved market sentiments on the formation of a stable government at the Centre as stated by Knight Frank-FICCI survey. The launch of housing projects have been slow from the last two years but it is hopefully going to improve [...] Continue Reading »
Ajit Gulabchand who is the chairman and managing director at the Hindustan Construction Company is setting out a plan in order to raise Rs 1,500-2,000 crore to pay the debt and get the Mumbai-based construction and engineering company out of the corporate debt restricting the cell ahead of the schedule. He further stated that he [...] Continue Reading »
The Real estate developer Unitech is selling the 17.5 acres of land in Noida’s Sector 144 to the locak builer Gulshan Homz for a price of Rs 400 core as two people involved in the deal stated. The developer is hopefully going to use the money to reduce the debt that stood at Rs 6,316 [...] Continue Reading »
The Supreme Court last Wednesday stated that the real estate firm of Supertech to refund the principle amount to the flat owners who had applied for their refund before April 30th by the end of this month. The firm is going to refund around Rs 35 crore to the allotted people of twin towers Apex [...] Continue Reading »
A large amount of the resources go into the construction and maintenance of the buildings. This has become all the more for green buildings given the fact that there is a premium on including eco-friendly features. Mumbai for instance consists of around 20 percent of the green buildings in India and the fact is that [...] Continue Reading »
The lack of rainfall has affected the farmers very badly; however the good news is that the realty sector in the country does not seem to be affected by the possibility of deficient rainfall this monsoon. India Inc. is hoping that the job market will kick off and an improved gross domestic product (GDP) will help the [...] Continue Reading »
The Gujarat model which enabled rapid industrialisation by offering wasteland for development is a method which the Modi government is thinking about replicating in other parts of the country. The Narendra Modi government has set its eye on a recast of the country’s land-use policy to make it more scientific and minimise displacement. The Land Acquisition [...] Continue Reading »
The public sector lender Bank of Maharashtra on Monday stated that it has been planning to start the infrastructure bonds in the upcoming six months in order to raise funds. The Reserve Bank of India (RBI) has recently omitted long term bonds from the mandatory regulatory norms like the Cash Reserve Ratio or CRR, the [...] Continue Reading »
