Realty News
A techno-economic feasibility study will be organized to study the changes of the second Metro line project by the PSU engineering consultancy on the orders of the Maharashtra Government. According to the Chief Minister of Maharashtra, a new report with details is currently being prepared for the Dahisar-Charkop-Bandra-Mankhurd. He said this while replying to an [...] Continue Reading »
On Wednesday, the Uttar Pradesh cabinet sanctioned the draft MOU which was to be signed between Ghaziabad Development Authority and the Delhi Metro Rail Corporation on the matters of extension of Metro in Ghaziabad. The corridor which is about 8.41 kilometres long and elevated will link the Dilshad Garden of Delhi with New Bus Stand [...] Continue Reading »
The Sobha Developers which have been recognized all over Bangalore as leading property developers have come up with a new kind of project which is kind of a resort that has been styled in a luxurious way. This is located near the Electronic City. This is the first project of the builder near the famous [...] Continue Reading »
Some of the most important state finance ministers along with the Congress ruled states have recently called for easing the restrictive provisions on matters of land acquisition. This is a demand which may cause the Center to search for ways in which they could make it easier for infrastructure as well as housing projects which [...] Continue Reading »
Because of the delay in the works of construction of an over bridge located at Chain pal level crossing on NH 139 on Talcher-Baranpal road has lead to quite a lot of problems to all the commuters. On the other hand, the works of construction which was kicked off in the month of August in [...] Continue Reading »
A new ultra-modern office complex is being built by well-known real estate developer and marketer Siddha Group in Kolkata, in the traditional business hub of Kolkata-Dalhousie Square. Siddha Group’s new avant-garde office complex has been named ‘Siddha Weston’; and it is strategically located right at the intersection of Bentinck Street and Ganesh Chandra Avenue. About [...] Continue Reading »
After having successfully launched the ‘Song of Joy’ project in Kharadi, Pune, earlier this year, Pune-based Gera Developments and Bangalore-based Sterling Developers have recently announced their latest joint venture — Gera’s Child Centric Homes (CCH) in Bangalore. Sharing the details about Gera’s CCH, Gera developments and Sterling Developers said that the project will launched in [...] Continue Reading »
India’s top 500 companies spent 23 % of operating profit (profit before depreciation interest and tax, or PBDIT) excluding other income to service borrowings in FY14, higher than a year earlier. They spent almost one out of every four rupees which impacted net margins. The proportion was much lower at 15 % of operating profit [...] Continue Reading »
Due to the lack of demand in the residential real estate sector, most of the developers are sitting on a huge inventory of finished dwellings. The cash flow is poor which is forcing the builders to focus on completing projects to generate cash flows, rather launching new projects. It is estimated by the market analysts [...] Continue Reading »
Global professional services firm KPMG has plans to take over 7 lakh square feet of office space on lease in Bangalore. This is the largest office space absorption so far in the country’s commercial office space this year. The firm also plans to add about 10,000 professionals to its workforce over the next four years [...] Continue Reading »
