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Realty News

KKR and StanChart will finance ‘’The Address’’- luxury homes project in Mumbai

KKR and StanChart will finance ‘’The Address’’- luxury homes project in Mumbai
The market for the luxury homes seems to be picking up as Mumbai-based developer Wadhwa Group has launched its luxury homes project in suburban Ghatkopar where apartments cost Rs.1.7-10 crore. They have named this project ‘’ The Address’’ and are busy raising Rs 750 crore for the project. Kohlberg Kravis Roberts and Co. LP (KKR) [...] Continue Reading »

Arbitration not given by government departments to work

Arbitration not given by government departments to work
The Builders Association of India is now expecting an amendment in the Arbitration Act. This one will make institutional arbitration mandatory for contracts which are state awarded. Around three years ago, the proposal had been initiated when the Law Minister was Veerappa Molly. Parmar, who happens to lead a 750 member association, told the Business [...] Continue Reading »

Pune Municipal Corporation will have to solve local housing problems

Pune Municipal Corporation will have to solve local housing problems
The responsibility of providing housing to nearly 40 percent of Pune slum-dwelling population will have to be shouldered by the Pune Municipal Corporation (PMC) because the new government at the Centre has said that it will be unable to meets the needs due to its limited resources. With 50 percent of India’s population likely to [...] Continue Reading »

Realty players eyeing East Ahmedabad area for commercial activities

Realty players eyeing East Ahmedabad area for commercial activities
Commercial property in East Ahmedabad has come to the forefront in recent times; with a number of commercial schemes replacing several of the area’s old landmarks, including movie theatres and old mills. The increasing commercial activity in the East Ahmedabad area is evident from the fact that commercial building housing well-known retail brands will come [...] Continue Reading »

Central Hyderabad area continues to be an attractive property destination in Hyderabad

Central Hyderabad area continues to be an attractive property destination in Hyderabad
The central Hyderabad area still continues to be a preferential locality for residential properties in Hyderabad, even though new residential destinations in the city have been mushrooming of late. Some of the localities in the central Hyderabad area which still rule the roost in terms of the city’s real estate include Dilsukh Nagar, Malakpet and [...] Continue Reading »

Significant residential development taking place in Navi Mumbai’s node city – Kharghar

Significant residential development taking place in Navi Mumbai’s node city – Kharghar
Residential development is touching new heights in Kharghar – which is a node city of Navi Mumbai – which is fast-becoming one of the most sought-after destinations for the launch of new plush residential projects. The increasing popularity of the Kharghar area for new residential projects launches can easily be gauged from the fact that, [...] Continue Reading »

Pune’s IT sector has seen significant growth in recent years

Pune’s IT sector has seen significant growth in recent years
Pune – the second biggest city in Maharashtra – has witnessed highly noteworthy transformation in recent years; thanks largely to the budding automobile ancillary industry in the city as well as the increasing presence of the IT/ITeS sector. According to an observation highlighted by Anshuman Magazine, there has been a notable growth of Pune’s IT [...] Continue Reading »

Kolkata: CSE moves closer to selling its 3-acre land off EM Bypass

Kolkata: CSE moves closer to selling its 3-acre land off EM Bypass
The Calcutta Stock Exchange (CSE)’s proposal pertaining to the sale of its 3-acre land off EM Bypass has recently received the approval from the shareholders of the exchange. The shareholders’ approval brings the CSE a step closer to the land sale; with Sebi already having given its consent to CSE to sell the land last [...] Continue Reading »

Kandivali west becoming an increasing preferred destination for homebuyers in Mumbai

Kandivali west becoming an increasing preferred destination for homebuyers in Mumbai
One of the increasingly preferred property destinations among prospective homebuyers in Mumbai is Kandivali west. Located strategically at the intersection of Mahatma Gandhi Road and Link Road, the Kandivali west locality has made its way to the ‘Top Ten’ most preferred localities for sale in Mumbai, as per leading property website. Despite the fact that [...] Continue Reading »

Lokhandwala infrastructure’s Minerva project gives luxury living a new dimension

Lokhandwala infrastructure’s Minerva project gives luxury living a new dimension
Marking Lokhandwala Infrastructure’s attempts to give luxurious living a new dimension, the bigwig developer group has come up with an iconic project – dubbed ‘Minerva’ – at Mahalaxmi. With Lokhandwala’s outstanding Minerva project, the Mumbai skyline is virtually set to be redefined. The opulent and upscale project will offer the residents an awesome, unobstructed view [...] Continue Reading »



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