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Realty News

GMR Infra mulling strategy shift; may go for ‘growth’ strategy

GMR Infra mulling strategy shift; may go for ‘growth’ strategy
GMR Infrastructure Ltd, which currently has an ‘asset light’ business strategy, is apparently planning an overall business strategy shift in favour of more ‘balanced growth.’ The business strategy shift which is being mulled by GMR will come at a time when the market sentiment is witnessing an improvement. The GMR Group is already prepared to [...] Continue Reading »

Chennai: Ceebros launches multi-storeyed residential project ‘Atlantic’ at Egmore

Chennai: Ceebros launches multi-storeyed residential project ‘Atlantic’ at Egmore
A plush new multi-storeyed residential project – called the ‘Atlantic’ – has been launched by Ceebros at Egmore. The Atlantic residential project will span across a land area of approximately 1.6 acres, at a location where there was initially a hotel of the same name. Announcing the launch of the Atlantic residential project, Ceebros Group’s [...] Continue Reading »

Surat: Cable-stayed bridge over river Tapi not likely to become operational in near future

Surat: Cable-stayed bridge over river Tapi not likely to become operational in near future
In Surat, the ambitious Rs 143-crore project involving the construction of the 918 m-long cable-stayed bridge over river Tapi has been shrouded with uncertainty for the last nearly one year now. The construction of the cable-stayed bridge – which connects Athwalines to Pal – was scheduled for completion in May 2013. But, even after a [...] Continue Reading »

Indore Development Authority likely to crackdown on more plot owners in Scheme no. 54

Indore Development Authority likely to crackdown on more plot owners in Scheme no. 54
Shankar Lalwani, the Chairman of Indore Development Authority (IDA), has revealed that the authorities plan to crackdown on 40 more plot owners in Scheme no. 54 behind C-21 Mall. Revealing that the lease agreement of nearly 40 more plots in Scheme no. 54 will likely be annulled by IDA within two weeks, due to violation [...] Continue Reading »

Telangana CM asks corporation officials to demolish illegal constructions in Hyderabad

Telangana CM asks corporation officials to demolish illegal constructions in Hyderabad
The officials of the Greater Hyderabad Municipal Corporation have received directives from Telangana Chief Minister, K Chandrasekhara Rao, to deal strictly with illegal constructions in the city. Rao has also told the corporation that if a strict dealing with illegal constrictions in Hyderabad requires the demolition of such constructions which have built without permission, the corporation [...] Continue Reading »

Santacruz-Chembur Link sees chinks

Santacruz-Chembur Link sees chinks
The Eastern Expressway Highway which is located in the heart of Mumbai is known for all its snail paced traffic. Cars here go over 80 km per hour as they go over the second tier. The Santacruz Chembur Link Road which is about 6.45 kilometres long had been built with the intention of cutting down [...] Continue Reading »

Working towards improvement in the real estate

Working towards improvement in the real estate
The infrastructure projects of Mumbai which have already been completed this year had major effect on the micro markets adjoining it. The experts have recently mentioned that the financial capital can really see a rise in the prices. Ramesh Nair of COO, Jones Lang LaSalle India, said that homes and offices which are located close [...] Continue Reading »

Greater Noida and Yamuna e-way Metro report finally taken into consideration

Greater Noida and Yamuna e-way Metro report finally taken into consideration
The Delhi Metro Rail Corporation was asked by the Yamuna Expressway Industrial Development Authority to come up with a feasibility report for the Metro project that is located between Greater Noida and the Yamuna Expressway. It was cleared this year in the month of February itself. One of the senior officials of Yamuna Expressway Industrial [...] Continue Reading »

Multi Level parking project to be neglected for a month

Multi Level parking project to be neglected for a month
According to reliable sources, Botanical Garden Metro Station which happens to be a multi level parking project shall be neglected for another month. There are about 23 storeys here and the officials have said mentioned that the technical and financial bids shall be finalised by Monday. Unfortunately, there are only two bids which have been [...] Continue Reading »

Circle rates to increase from the 1st of August

Circle rates to increase from the 1st of August
The plots located at Gautam Budh Nagar is about to get much more expensive. Since there has been a rise in price of land allotment rates in the regions of Noida, Greater Noida as well as Yamuna, the UP stamp and registry department is all set to accelerate all the circle rates in the district. [...] Continue Reading »



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