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Realty News

Godrej Properties takes the initiative to impart skill training to the youth

Godrej Properties takes the initiative to impart skill training to the youth
Godrej Properties in association with LabourNet has launched a program at the Anandam project in Nagpur to impart vocational training to improve the skill sets of the construction labourers. This vocational training aims at improving their skill sets and helps them to learn the tricks of the trade in a more systematic and technical way. Gayathri [...] Continue Reading »

Adani group hope to raise Rs 10,000 crore through share

Adani group hope to raise Rs 10,000 crore through share
Gautam Adani has been making big plans in order to get up a total of Rs 10,000 crore through an eligible institutional placement (QIP) of shares of the Adani Enterprises, Adani Power and Adani Ports & Special Economic Zone. He wants to do this so that the group’s growth rate gets a boost. The money [...] Continue Reading »

Monorail project in Coimbatore

Monorail project in Coimbatore
The Tamil Nadu Government has been thinking about the setting up of a monorail project for easing the public transport in Coimbatore. This is the second project in the State the first one was planned in Chennai. This 43.5 km monorail project is structured as two projects with two lines. The transport department also planned [...] Continue Reading »

Announcement of Mahim as a bay put to a hold

Announcement of Mahim as a bay put to a hold
The state government in Maharashtra said that the Maharashtra Coastal Zone Management Authority (MCZMA) controversial decision to declare the Mahim shore as a bay and the clearing of building proposals near the coast includes a prime 5.5 acre Prabhadevi plot. The Chief Minister, Prithviraj Chavan put the brakes after the July 4th Times of India’s [...] Continue Reading »

The Ruias sell their bungalow for Rs 100 crore

The Ruias sell their bungalow for Rs 100 crore
The Ruias who are the promoters of the Essar group have sold their bungalow in the Jor Bagh area or Delhi for about Rs 100 crore to the Supreme Court lawyer Rohit Tandon. This reflects the revival in the real estate activity in the much coveted part of the capital which also follows the advent [...] Continue Reading »

A part of the land belonging to AVM Studio sold to Shriram Properties Ltd

A part of the land belonging to AVM Studio sold to Shriram Properties Ltd
Shriram Properties Ltd, a part of the $15 billion diversified Shriram Group, has struck a landmark real estate deal with the family of the legendary film producer A V Meiyappan in about 6.5 acres of prime land at Vadapalani in Chennai. This land is a part of the campus which is the home for India’s [...] Continue Reading »

SEBI to declare the norms for REITs and InvITs next month

SEBI to declare the norms for REITs and InvITs next month
SEBI chairman UK Sinha on Thursday mentioned that the market regulator Securities and Exchange Board of India (SEBI) will unveil the detailed guidelines on Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) next month. SEBI has also taken steps to safeguard the interests of the shareholders. Sinha also stated that SEBI would also [...] Continue Reading »

Banks prefer salaried people than businessmen for home loans: India Ratings Report

Banks prefer salaried people than businessmen for home loans: India Ratings Report
This is an age old belief that the salaried person has a steady income and the businessman a fluctuating one. Sometimes the businessman will be flooded with money, and sometimes he might even find it difficult to make the ends meet. Hence salaried people are preferred for matrimonial alliances too by the parents of the [...] Continue Reading »

India needs FDI to run profitable businesses: Jaitley

India needs FDI to run profitable businesses: Jaitley
Finance minister Arun Jaitley on Thursday made it clear that the government is trying to bring down the taxes and provide boost to the economic activities. He also mentioned that the interest rates for sectors like housing would come down and this will give a boost to the demand in the real estate sector. Since [...] Continue Reading »

West Bengal on the growth bandwagon of IT, ITeS and ESDM soon

West Bengal on the growth bandwagon of IT, ITeS and ESDM soon
West Bengal aims to increase its share of revenues from IT, ITeS and Electronic Systems Design and Manufacturing (ESDM) segment. During the CPIM regime due to frequent strikes, old industries had closed down and the new industries did not open fearing losses and closure. Trinamool Congress led government is trying to change the face of [...] Continue Reading »



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