Realty News
The government has planned to float tenders for the development of the first phase of its smart cities. The places identified for the project is Dholera in Gujarat and Shendra-Bidkin in Maharashtra As per reports by a senior government official, the two proposed cities for development of the Smart City project as planned by the [...] Continue Reading »
A vast majority of Indian population still lives in villages but the average village life in India is considered to be poor and without access to basic facilities. While Indian cities are thriving to become at par with modern international cities, villages have been lagging behind in progress. But not every village is waiting for [...] Continue Reading »
Six infrastructure projects in Delhi and Gujarat have been listed among the 100 most innovative infrastructure projects in the World. The World Market Report which makes a list of the 100 most innovative infrastructure projects in the world has chosen 6 projects from India which includes some from Delhi and Gujarat. Of these are Delhi [...] Continue Reading »
Singapore is willing to help India in making a positive decision of carry forwarding the plan of developing 100 smart cities, throughout the country is what said by senior minister of Singapore. Singapore has decided to help India in expanding some of its cities, including the capital New Delhi. It is just a proposed concept [...] Continue Reading »
The real estate market of India has witnessed a sharp decline in the overall launch of residential properties, especially in the major cities. The number of residential projects launched in July-Sep 2014 is approximately 21 per cent as compared to the same quarter last year. The research done by the Global real estate consultancy Cushman [...] Continue Reading »
The upcoming 2015 will be no different than 2014 in case of residential segment of real estate firms. Atleast things will be same in metropolitan cities and single tier cities. The things will continue this way unless the property developers are thinking to cut down prices to certain extent where it is reasonable for buyers [...] Continue Reading »
Reliance AIF Asset Management Co. Ltd has gone up by Rs. 400 crore as the he primary close of its maiden real estate fund. The Reliance AIF is a cent per cent subsidiary of Reliance Capital Asset Management Ltd and is going up by a total of Rs. 1,000 crore under Reliance Yield Maximiser Alternative [...] Continue Reading »
The Delhi Government has taken up the restrictions on sales of leasehold properties in a major relief. This is good news for all the property dealers and might boost the prices of real estates. All the registrar officers are asked by the Revenue Department to allow the purchase and sales of leasehold properties. This rule [...] Continue Reading »
The MD, Corporate Finance of JLL India, Ambar Maheshwari has been roped in for a real estate fund raising project of Indiabulls AMC Ltd. with the aim of raising an estimated amount of Rs.1000 crore. JLL India which is the newest entrant in the Mutual Fund Industry has been roped in by the India Bulls [...] Continue Reading »
The Bengaluru based publicly held infrastructure developer, GMR infrastructure has suffered a greater loss in the July-September quarter of this year amounting to Rs.610 crore. This is 1.5 times greater than its net loss of Rs.393 crore for the corresponding quarter last year. Reasons for Loss: There have been a number of reasons cited for [...] Continue Reading »
