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Realty News

Virtuous Retail ropes in S Raghunandan as CEO

Virtuous Retail ropes in S Raghunandan as CEO
S Raghunandan has been roped as chief executive officer of Indian unit Virtuous Retail Services Pvt. Ltd, whereas the company also announced the appointment of MN Hariharan as director of finance. Early this month, VCCircle had first announced the approaching management changes at the firm. After serving as CEO Retail of realty firm Prestige Group [...] Continue Reading »

Online real-estate marketplace launched; PHL first adopter

Online real-estate marketplace launched; PHL first adopter
Recently, an online company called “Lamudi” was launched by ROCKET Internet dedicated solely to real estate in the Philippines. Lamudi Philippines founder and Managing Director Jacqueline van den Ende said in a news conference in Taguig City that “The Philippines is a super interesting country for us.” As investors have dropped the Brazil, Russia, India [...] Continue Reading »

India’s realty sector remains preferred destination

India’s realty sector remains preferred destination
According to the report, the Indian construction and real estate sector continues to be a favored destination for global investors and businesses. As per the tax and advisory firm, Grant Thornton, the large numbers of people are shifting towards the cities and the interest shown by the buyers to invest in the real estate market will [...] Continue Reading »

Celebrity designers in city selling dream home

Celebrity designers in city selling dream home
Looking for high-class custom made luxury holiday villa in Goa, then this is a best time for the booking.  For those looking for an A-class lifestyle, leading Indian real estate developer EMGEE Group with celebrity designers like Sussanne Roshan, Gauri Khan and Martin Waller of Andrew Martin (UK) fame on board are trying hard to [...] Continue Reading »

Anil Kapoor invests money in real estates in Dubai

Anil Kapoor invests money in real estates in Dubai
Currently Anil Kapoor’s hand is full of charm. After setting up a benchmark in Bollywood as well as Hollywood and in television (with the Indian version of the popular American thriller series 24), he is now waiting for his new show which will be announced shortly. Concurrently, he is also trying hard for entrepreneurship. As [...] Continue Reading »

EC permits lottery for Kharghar housing project

EC permits lottery for Kharghar housing project
The state election commission gave the green signal for drawing lottery to decide the winners of Valley Shilp Housing scheme introduced by CIDCO. The CIDCO has Valley shilp housing project at sector-36 of Karghar to offer affordable housings to the needy citizens. In the middle of January, CIDCO had asked the applications for 1224 flats [...] Continue Reading »

IT Raid on real estate businessman G Amarender Reddy

IT Raid on real estate businessman G Amarender Reddy
The income tax department conducted the raid on the residence of real estate businessman G Amarender Reddy. During the raid the IT department seized incriminating documents related to the huge cash transactions outside the books. Mr. Amarender Reddy is a close friend of former chief minister N Kiran Kumar Reddy. Mr. Reddy is the chairman [...] Continue Reading »

Big cities operate retail realty market

Big cities operate retail realty market
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »

NHAI asked to conduct new survey

NHAI asked to conduct new survey
Mr. Devesh Kumar, Deputy Commissioner, Mandi, has asked the project director of the National Highways Authority of India (NHAI) to conduct a fresh survey of the proposed four-laning of the Kiratpur-Ner Chowk national highway.  Mr. Joginder Walia, president of the joint action committee, says that the decision was taken at the meeting conducted under the [...] Continue Reading »

IL&FS Engg grabs contract for Gurgaon metro

IL&FS Engg grabs contract for Gurgaon metro
The Hyderabad-based IL&FS Engineering and Construction Company has won a contract for development of elevated depot cum workshop for the Rapid Metro Rail Gurgaon (RMRG- Phase-II). The cost of this project is Rs 69.97 crore and the time period of completion of this project is 2 years. As per the press release the company is [...] Continue Reading »



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