Realty News
A Government official revealed on Wednesday that a sum of Rs 200 crore has been released by the Government to the Delhi Metro Rail Corporation (DMRC) “as contribution to equity as a first installment in the current year of 2014-15.” According to the information shared by the unidentified Government official, an amount Rs 3,561.60 crore [...] Continue Reading »
The Noida Authority is apparently on its way to get Noida mapped in 3D. The creation of a 3D model of Noida will mark a ‘first’ for any Uttar Pradesh city. The tenders for mapping of Noida in 3D were initiated in January 2014, and proposals were submitted by nine consultants. On Wednesday, July 23, [...] Continue Reading »
The Pune District Consumer Disputes Redressal Forum has, in a July 11 order, asked a city developer to pay a compensation amount of up to Rs 10 lakh each to 27 flat-buyers, due to delay in possession of their flats in a housing scheme at Kondhwa. According to the order of the Forum, the developer [...] Continue Reading »
A new luxury residential project has been launched in Malleshwaram, Bangalore, by reputed developer Salarpuria Sattva. The plush residential project is aptly called ‘Luxuria.’ At its newly-launched Luxuria residential project, Salarpuria Sattva will offer a total of 197 magnificent residential units, which will be equipped with top-notch amenities and contemporary fittings and fixtures. The Luxuria [...] Continue Reading »
Kolkata-based reputed real estate player Merlin group has recently announced that is has plans underway for a new premium residential project in the city. The new project to be launched by Merlin Group will be called ‘Legacy;’ and it will be the developer’s fourth upscale project, after its highly successful Deblok, Regency and Regent projects. [...] Continue Reading »
The Noida Authority has been getting ready to change the land use of the about 1,000 hectares land that has been marked for Special Economic Zone (SEZ) in keeping with its Master Plan of 2031 on the Noida Greater Noida Expressway. The officials have asked for objections and suggestions for the change which has been [...] Continue Reading »
A bid to rein in the TRS government that had threatened to create many hurdles for the Hyderabad Metro Rail project, the Centre summoned the Telengana chief secretary Rajiv Sharma for a special meeting in Delhi this Friday. In the meeting the representatives of the concession partner Larson & Toubro and other authorities of Hyderabad [...] Continue Reading »
Post the budget session, it is clear that the Modi government will provide all sorts of support to Foreign Direct Investment (FDI). The Indian real estate-focused private equity (PE) funds are hoping to raise around $1 billion from overseas investors. VCCEdge, the financial research platform of The VCCircle Network has released a data which shows [...] Continue Reading »
Oracles is thinking of having branch offices in all the Indian state capitals as a part of the plan to enhance the business while some of the larger competitors deal with the problems of their own. Oracle officials said that they are growing in India and they think that with the manifesto of the BJP [...] Continue Reading »
People can be disappointed if they are looking forth to the Delhi Development Authority (DDA) upcoming housing plan 2014 as the investment opportunity is not good. The DDA is making plans to introduce a clause that states that the people who will be allotted flats would be given the possession of the flat only after [...] Continue Reading »
