Realty News
Project clearances take time because the project needs clearances from at least 40 different government agencies before it is officially ready. The clearances are taken basically during the planning, design, construction and occupancy phases. However this does not cause hindrance and is definitely not an excuse for the building agencies to delay the construction. But [...] Continue Reading »
In order to remove the trust deficit issues between the customers and investors in real estate business and specially to create a stable platform, various leading players in real estate business formed the Association for Odisha Real estate Developers (AFORD). The MP of Bhuvaneswar and BDJ senior leader, made the official announcement of AFORD while [...] Continue Reading »
Chandrashekhar Rao, Telangana Chief Minister, chalks out the big plan for the state’s development that comprises of constructing two more airports for Hyderabad, considering the rise in population that shall go triple in the years to come. A meeting was held and attended by top officials and representatives, where the officials were asked to make [...] Continue Reading »
Since the economy is now becoming stable, and more jobs are being created, the retail therapy is increasing. In the last few years due to the global economic downturn, the population had reduced spending as the job security had reduced and the pay packets remained the same. However the spending is increasing again with the [...] Continue Reading »
Shri Kailash Logistics Limited (SKLL) is well on its way to execute its broad expansion plans. They’re in talks with a couple of PE players to raise the necessary resources for expansion. SKLL’s motivation for this is simple – they want to quickly establish themselves among the very best in logistics in India. SKLL’s immediate [...] Continue Reading »
Siemens, the well-known engineering and electronics company, sold one of its prime plots to Prestige Estates, a Bangalore-based builder. The plot is located on the Koramangala Road in South Bangalore, has an area of 8 acres, and was sold for an amount of Rs. 345 crore. The builder is said to have already paid the [...] Continue Reading »
Top real estate developers are vouching for a huge investment of around $10 billion over the next couple of years, by bundling as much as 100 million sq ft of commercial property into REITs (Real Estate Investment Trusts). Looks like Blackstone, Panchsil, Embassy, K Raheja, RMZ, and DLF will kick start this trend, as they [...] Continue Reading »
Lying in the heart of Ghaziabad, Nyaykhand and Gyankhand are localities with good physical and social infrastructure. The residential sectors here are developed by Ghaziabad Development Authority (GDA), which is why electricity, water, and roads are maintained by Ghaziabad Municipal Corporation (GMC). Several kinds of property are found here, including studio apartments and builder floors. [...] Continue Reading »
Honorary Chief Minister, Mr. K. Chandrashekhar Rao asked the District collectors to carry out an extensive inquiry in the housing scheme. A survey conducted in 593 villages spilled the beans about Rs 253 crore being fiddled with, which was supposed to be used in the housing project. Records show only 55 lakhs houses have been [...] Continue Reading »
SEBI made it mandatory to the listed companies in the country that they must have at least one woman on their board by September 30, 2014. This move is in line with the Companies Bill 2012. However when the data was researched, it was found that while 140 private sector companies have appointed a woman [...] Continue Reading »
