Realty News
Aam Aadmi Party leader Ashish Khetan accused former Union Development Minister and sitting MP Ajay Maken against whom he is standing in the upcoming elections, of granting undue favor to Raheja Developers through the Delhi Development Authority (DDA). Mr. Khetan claimed the DDA had sold the land to the private builders for the rehabilitation of [...] Continue Reading »
In a research report titled Economy & Realty @ Glance for March 2014, Knight Frank India, says that the sales volume in realty has declined across India. The report gives us an insight into how has this happened. The report categorically says that the sales volume of listed real estate companies across India has halved [...] Continue Reading »
In a survey by Cushman & Wakefield, India has emerged as 24th most preferred global manufacturing destination in the world. The report is titled ‘Where in the World : Manufacturing Index 2014’. The report ranks 30 global manufacturing destinations across the world on factors that are likely to affect the successful operation of production facilities [...] Continue Reading »
The chairman of the BJP Delhi Pradesh Lok Sabha Election Campaign Committee, Prof Vijay Kumar Malhotra demands to the Chief Electoral Officer, Delhi to take action against the DDA for disobedience of code of conduct. He further added that DDA published a news item in a Hindi daily under title “Chunav ke baad DDA dwara [...] Continue Reading »
Tata Housing Development Co. Ltd had been conferred with the prestigious IMC’s Ramakrishna Bajaj National Quality (RBNQ) Business Excellence Award – 2013 in the Services Category. The dignitaries from the whole Industry attended the awards ceremony was held on 19th March, 2014, at YB Chavan Center, Mumbai. Tata Housing was declared the winner on the [...] Continue Reading »
The major real estate firm won contracts worth Rs. 1,981 crore in housing sector including major order in Bangalore. The company says that the building and factory business of L&T has grabbed the housing order of value Rs. 1,981 crore in March 2014. A main residential order is taken up in Bangalore from one of [...] Continue Reading »
The analysts are uncertain about monetization of the assets. The JP Associates has surprised the Street with over four asset monetisation (sale) deals over the past 12 months. Thanks to these deals, the company is able to reduce its debt by Rs 15,940 crore. Before this the JP associates announced a deal involving sale of its [...] Continue Reading »
By setting up eateries and hotels Polo Towers group would invest Rs 100 crore by 2016 and it already owns hotels in Shillong, Cherrapunji and Tura in Meghalaya. CEO of the group Deval Tibrewalla told reporters that we are investing Rs 100 crore for setting up eateries and hotels by 2016. After getting franchisee from [...] Continue Reading »
Over recent years, National Highways Authority of India (NHAI) is not ready to accommodate an increase in project costs due to which road developers are in a fix. Since a number of projects have seen a 30 per cent rise in costs such as rise in bitumen, diesel and labour expenses, besides interest rates, developers [...] Continue Reading »
“We have seen interests from both global as well as domestic investor that is why there is a huge potential for investment in the infrastructure projects. Although we have seen a downfall recently but the market will be in pace in the coming months, “said by IL&FS Financial Services Managing Director and Chief Executive Officer [...] Continue Reading »
