Realty News
Mr. C. Shekhar Reddy, President Credai-National, says that the real estate sector has been witnessing high input costs, high cost of funds and a moderate demand over the last few months. The real estate sector has been neglected and requires immediate concern to develop confidence. Mr. Anuj Puri, Chairman and Country Head, JLL India, says [...] Continue Reading »
CREDAI says that interest rates have increased and the hoped rates would come down in near future which motivates the economic growth as well as housing demand. Mr. Lalit Kumar Jain, Chairman of Confederation of Real Estate Developers’ Associations of India (CREDAI), says that this is positive step as it indicates that interest rates will [...] Continue Reading »
Godrej Properties, the real estate development arm of the Godrej Group, has entered into a partnership with Oxford Group and Ekta World to develop a residential project in Mundhwa, Keshavnagar and Pune. Spread over 43 acres, the project will offer approximately 2.8 million square feet of saleable area and will be build up as a [...] Continue Reading »
Atul Auto Rajkot-based three wheeler manufacturers will be setting up new production facility near Ahmedabad with a capacity of 60,000 units per annum. The auto company is looking for land in Sanand and on the Bagodara-Vasad expressway and will invest Rs 100 crore for the project. “We are looking for locations around Ahmedabad. We are [...] Continue Reading »
In the next three years only a half of the ongoing airport projects in the country would be completed while the rest would be delayed owing to the tough land acquisition norms, regulatory hurdles and absence of a national-level policy, a ratings agency said in a report. Care Research said, “Presently, about 64 airport projects [...] Continue Reading »
Every year in Tamil Nadu just 20% of the 2.5 lakh engineering graduates passing out of colleges are employable, said Sandeep Mehta, president of Confederation of Real Estate Developers’ Association of India (CREDAI), on Tuesday. He also said that with institutions like Anna University, SRM and VIT universities CREDAI is trying to sign a memorandum [...] Continue Reading »
A nine member inter- departmental high powered project monitoring committee has been constituted by the state IT (information technology) department in a bid to expedite the completion of Info-valley project. Spread over 600 acres of land, the Info-Valley, the second IT Park in the city, has the development on slow lane, is. On the outskirts [...] Continue Reading »
According to Cushman & Wakefield commercial real estate services firm, it is expected that after the Parliament elections the mall space in Chennai will see an improvement in momentum as there might be some policy changes on the anvil for the retailers. It added that due to external factors like current economic climate and impending [...] Continue Reading »
Piramal Sunteck Realty Pvt Ltd has tied up with Sussanne Roshan’s plush interiors brand for interior designing. The tie up is done for the Charcoal Project. The tie up will provide Nagpur’s elite denizens a taste of exclusive high living which was previously accessible only to the aristocratic circles in large metros. The tie up [...] Continue Reading »
The stock of Godrej Properties was up 3 percent At Rs 197 after the group has partnership with the SSPDL Green Acres LLP to build a residential project at Padur, Old Mahabalipuram Road (OMR), near Siruseri IT Park, in Chennai. The project is located over the area of 7 acres and provides nearly 93,000 sq [...] Continue Reading »
