Realty News
A number of localities in the Bangalore suburbs are opening up and witnessing noteworthy growth; thanks largely to ‘improved connectivity’ resulting from the development projects undertaken by different agencies. With availability of huge land parcels at low rates having always been one of the key advantage for Bangalore, the recent opening of the city’s suburbs [...] Continue Reading »
India is becoming a chosen destination for real estate growth worldwide. New-York based real estate mogul and billionaire Donald Trump is making his maiden trip to India this August. He is known for his unique and innovative construction style and his company has a strong presence globally. Trump Organization agenda for this trip is to [...] Continue Reading »
There are some major management changes happening in the realty sector in India. Unitech Corporate Parks (UCP), the London Stock Exchange-listed firm that owns six IT Special Economic Zones (SEZ) in India is all set to sell its stake in the projects to Canada’s Brookfield Asset Management for about 205.9 million pounds (Rs 2,050 crore). UCP [...] Continue Reading »
After the recent money policy was introduced, some companies and banks are offering 10.5 % interest rates on deposit schemes. The banks have even revised their Fixed Deposit (FD) rates and the investors are happy to see an upward trend. This move is taken in order to tap money from the retail investors and raise [...] Continue Reading »
The demand to buy or take on lease commercial establishments was running low in the beginning of the calendar year. However looks like that the good days for the commercial real estate sector are not far away. The inside story makes it clear that Global financial services firm Xander Group Inc. is buying Infinity Technology [...] Continue Reading »
Ahmedabad was all set to go the Bangalore way and started constructing large spaced corporate and retail parks. However after the initial enthusiasm, corporate and retail parks with large space of average 12000-15000 square feet have not found many takers in Ahmedabad. In recent times, Ahmedabad has seen a rise in the number of corporate parks [...] Continue Reading »
Even though the British ruled India for more than 200 years, the Indian sentiments are still there for the British Capital. Indian billionaires invested nearly 1 billion pounds into buying up luxury homes in the heart of London over the last 18 months alone and have become the second only to Britain-based buyers. A UK [...] Continue Reading »
The Special Economic Zones (SEZ) had lost their sheen in the last few years as the policy makers were not providing ample facilities to the industries functioning in these places. The commerce department has strongly pitched for allowing the units in the tax free SEZ enclaves to sell a part of their production in the [...] Continue Reading »
Many had smelled a rat over the allotment of homes built by Gujarat Housing Board (GHB) in Ahmedabad. A controversy plagued the entire procedure and a detailed report has been sought from Gujarat Infomatics Limited (GIL) which had allotted these flats via a computerised draw. It is perceived by many that there is an error [...] Continue Reading »
The Municipal Corporation has recently come to a conclusion that it would like to establish underpasses. This will be located at IFFCO Chowk, Rajiv Chowk and the intersection of Signature Tower. The civic body has made up its mind the final model would be based on rotary. Several features would be included in. They are [...] Continue Reading »
