Realty News
India’s realty sector is projecting that a strong Govt at the Centre will give it the much-required push, via some significant initiatives and regulations to help the sector gather momentum for potential growth. Noting that significant reforms by the Centre Govt can help attract investments to the realty sector, Anuj Puri – JLL India Chairman [...] Continue Reading »
The West Bengal government has now come up with proposals for projects worth Rupees 600 crore since the time the elections have come to an end. The projects have clearly focused on food parks, gems and jewellery. 14 plots have been approved of for providing employment to about 20,000 people. This was declared by the [...] Continue Reading »
The Reliance Cement Company (RCC) raids into West Bengal. There market is known to have 14 million tons per annum and with proper growth they are known to increase by 8% in the following years. Reliance Cement Company CEO Arvind Pathak stated that West Bengal is one of the major cement consuming states in Eastern [...] Continue Reading »
The Gurgaon Police catches the managing directors of the real estate company Vigneshwara Group, with two of their family members for a fraud of over 1,000 crore. 700 investors put in their money since 2006-07 for properties in and about Gurgaon and believed fake promises of returns but they didn’t start constructions and failed to [...] Continue Reading »
The Puravankara Projects of Bangalore have come to a decision to work towards the increment of sales. In order to do so, they have come up with a scheme that would lead to the reduction of overall expenses of all those who are willing to buy a house. This scheme has been planned exclusively for [...] Continue Reading »
The Avenue Venture Real Estate Fund is a private equity firm based in the city of Mumbai. It has recently decided to spend a sum of Rupees 100 crore in Casa Grande which is a Chennai based real estate enterprise. According to the gathered statement, a considerable amount of money has already been used for [...] Continue Reading »
On Wednesday, domestic brokerage Motilal Oswal said that it is undertaking into the home finance space. The initial capital being R100 Crore. Aspire Home Finance Corporation (AHFC), which is promoted by the Motilal Oswal Group, obtained a certificate of registration from sector regulator National Housing Bank (NHB). This was to start off with operations as [...] Continue Reading »
It has been understood that the acquisition of land is a major source of obstruction to the implementation of projects before the current designate Prime Minster Narendra Modi and his Council of Ministers hold office from the 26th of May. On Tuesday, when a presentation meeting was conducted by Cabinet Secretary Ajit Seth, about 70 [...] Continue Reading »
Hinduja Group co-chairman GP Hinduja described designated Prime Minister Narendra Modi as a “doer” and also mentioned that infrastructure should be given a large amount of emphasis and importance once the new government holds office. Investments will begin to flow in if this is given full focus. After congratulating Narendra Modi, he also mentioned that [...] Continue Reading »
Pradyumnasinh Chaudasma, a farmer in the Bavaliyari village of Gujarat stated that the government has promised to turn this place into a city of gold. But what can be done if the people of this village are not able to derive the benefits? The Gujarat government did come up with a plan that would that [...] Continue Reading »
