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Realty News

200 builders interested in MHADA plan

200 builders interested in MHADA plan
Including major realty players, have evinced interest in the Maharashtra Housing and Area Development Authority (MHADA) plan to create a panel of builders for reconstructing its colonies in Mumbai by over 200 developers. Some of the notable names are Tata Housing, Godrej Properties, DB Realty, Kalpataru Group, Lodha Developers, SD Corporation (an affiliate of Shapoorji [...] Continue Reading »

38 acres land freed

38 acres land freed
The colonies that were razed include Nehru Colony, Pandit Colony, Mazdoor Colony, Kuldeep Colony and Kajheri Colony. Notices for eviction had been issued to four of the five colonies on April 17. Slum-dwellers had been asked to vacate the premises within 21 days, teams from the Estate Office and the police had been visiting the [...] Continue Reading »

Riverfront Project to be started in Twin cities

Riverfront Project to be started in Twin cities
The project is raising eyebrows of environmentalists who have decided to take the matter to National Green Tribunal (NGT). In stark contrast to neighbouring Delhi, Noida Authority has decided to go ahead with its Rs 200 crore Yamuna riverfront development project. The project will not be shelved as it involves developing recreational facilities like parks, [...] Continue Reading »

NHAI projects moving at a slow pace in Rajasthan

NHAI projects moving at a slow pace in Rajasthan
The recent incident of manhandling of NHAI officials by a ruling party MLA is likely to become another impediment in the speedy execution of the ongoing works. However, the skirmishes between the state authority and NHAI have a long history in Rajasthan. The delay in construction of the hanging bridge in Kota which led to [...] Continue Reading »

Uncertainty faced by over 1,182 plot owners

Uncertainty faced by over 1,182 plot owners
Since it was developed in the catchment area of Bandi River, the fate of most plot owners in Amrit Kunj housing scheme on Kalwar Road looks bleak as the colony was declared illegal by the Rajasthan High Court. Their hard earned money got stuck and the court order has exposed criminal negligence on the part [...] Continue Reading »

Property show to be organized by CREDAI

Property show to be organized by CREDAI
This year, the exhibition is being organised on national and international level. will be organising ‘Property Show 2014‘ from May 23 to May 25 at Dongre Vasatigruha will be organised by The Confederation of Real Estate Developers’ Association of India (CREDAI). “This exhibition will have information about properties ranging from Rs 15 lakh to Rs [...] Continue Reading »

Four buildings sealed by Kanpur Development Authority

Four buildings sealed by Kanpur Development Authority
The team found that shops were constructed at the ground floor and a commercial hall on the first floor without seeking sanctions from KDA as they raided Handloom House in Lal Bungalow area. In another raid, the team sealed a building in Harjendra Nagar. Its map was not sanctioned by the KDA. The third building [...] Continue Reading »

Land from 3 hospitals taken back by JDA

Land from 3 hospitals taken back by JDA
Notices to cancel land shares to other institutes including Bombay Hospital have also been issued as they did not follow the rules. Allotment of 20,000 square meter land in zone 9 to Trinity Centre for a hospital has been cancelled by JDA as per the records. JDA has cancelled land allotment of 16,000 square meter [...] Continue Reading »

Canadian Real Estate to be sold for $ 278 Million by Blackberry

Canadian Real Estate to be sold for $ 278 Million by Blackberry
The move is being seen as a part of the Canadian handset maker’s wider efforts to conserve cash and fund turnaround efforts amid intense competition from Apple’s iOS and Google’s Android operating system-based smartphones. It will lease back a portion of the space and Waterloo (Ontario) will continue to serve as the company’s global headquarters. [...] Continue Reading »

Special measures demanded by metro-hit Kochi traders

Special measures demanded by metro-hit Kochi traders
The Kerala Chamber of Commerce and Industry (KCCI) today has advised the state government to sufficiently recompense the commercial and industrial formations functioning in the areas falling under the Kochi metro rail project for the loss being underwent by indebted to the metro rail works. The state government had not kept the promises given by [...] Continue Reading »



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