Realty News
In a Thursday announcement, well-known international hotel chain Kempinski said that it has plans underway to develop three new properties in India. Sharing details about its plans for three new hotels in India, Kempinski Hotel’s Chief Operating Officer Duncan O’Rourke told Business Line that potential properties in Mumbai, Kolkata, and Kerala are being considered by the [...] Continue Reading »
According to Assocham, the affordable housing sector should be granted ‘infrastructure status’ because the sector has the potential to invigorate the economy. Seeking ‘infrastructure status’ for the affordable housing sector, Assocham has put forth the opinion that the sector has the capacity to generate a ‘multiplier effect,’ both in terms of creation of employment and [...] Continue Reading »
With people chanting the acche din aane wale hai slogans, all hopes are now on the incoming government to make the best of land situations across the nation across rural areas. The Land Acquisition, Rehabilitation and Resettlement (LARR) Act needs to be fixed, says a source and it is ironic that the Bharatiya Janata Party [...] Continue Reading »
According to the founder and CEO of Central Square Foundation and former senior managing director at Chris Capital Ashish Dhawan, there is a high possibility that India is going to see higher private equity interest in the near future along with a few changes in the sentiments and lessening in vital and valuable opportunities in [...] Continue Reading »
The State Revenue department has recently come to a conclusion to delay the process of taking up the re-survey of all lands in the State. This does not in any way include those who have fallen within the limits of the urban local bodies. This incident occurred after the State Revenue department faced the intractable [...] Continue Reading »
On the 23rd of May, 2014, it has come to our notice that the famous real estate company Vigneshwara Group has been dealing with fraud allegations. The accusers are investors in the groups project itself at IMT Manesar and Sector 74. Because of such allegations, the police urged this real estate company to display their [...] Continue Reading »
The Lodha Group‘s township of 300 acres was approved of by the chief minister of UDD Prithviraj Chauhan near Dombivli. This occurred in the month of March, just two days before the election code of conduct came into existence. This township happens to be the first and largest that was cleared under the Development of [...] Continue Reading »
After receiving criticism for planning house schemes that did not prove to be beneficial because they were located in distinct areas, the Jaipur Developmental Authority has recently come to a conclusion to launch two new housing schemes within a month. This will become official in the zones of 11 and 14. There are 35 hectares [...] Continue Reading »
Value home markets are now being pushed outside because of the recent civic infrastructure which allows pleasant travelling facilities and access to different locations at land rates that are low and affordable. Because of this, there has been a sudden increment of value homes in peripheral spots and locations. These houses are all below 30 [...] Continue Reading »
Optimistic about the new Narendra Modi-led government at the centre, builders are seeking concrete reforms in the real estate sector. Easing up on interest rates and ensuring speedy clearance of projects is at the forefront of builders’ demands. Cities such as Pune have been riding the sustainable housing wave for quite some time now. Encouraging [...] Continue Reading »
