Realty News
The leaders of the G20 group of nations that comprise of rich and developing countries like India have decided to set up a Global Infrastructure Hub that is aimed at reducing investment barriers, thereby improving information sharing and channelizing of funds into the sector. Benefits of Creating the Hub: The G20 leaders have decided on [...] Continue Reading »
Delhi’s traffic landscape to be enhanced with 7 tunnels planned for a better connectivity with all key spot With the increasing traffic needs and changing needs of infrastructure planning, every city has to ensure easy transportation for better efficiency. The country’s capital Delhi, which is notorious for its heavy traffic jam, may get a face [...] Continue Reading »
With the objective of monetising commercial assets in the next fiscal year, DLF, one of India’s largest realty companies has announced its plans of launching Real Estate Investment Trusts (REIT) s. It is also reportedly looking for global players to enter into partnership. By the coming year, DLF India plans to launch another sizeable REIT [...] Continue Reading »
After facing some last minute technical issues, the DDA decided to postpone the draw for lots of its flagship Housing Scheme 2014 that was scheduled to be conducted on Monday. The DDA Housing Scheme draw of lots which was to be announced on Monday faced last minute technical hitches cancelling its announcement. The housing body [...] Continue Reading »
With growth in the bank loans over a sustained period of time, it can be safe to say that the commercial real estate in India mainly thrives on borrowings owing to security needs and other factors. Bank loans grew high over the past one and a half year to the commercial real estate sector. According [...] Continue Reading »
During a meeting conducted by the Dalit Bahujan Front on ‘Welfare of SC/ST people-new capital region’ the farmers who belong to the SC/ST communities voiced their concern over the fate of lands that were assigned and of those small farmers who are practicing cultivation in the river bed. There are some serious issues in connection [...] Continue Reading »
Sitaram Yechury, the CPI (M) Polit Bureau member opines that the BJP government can acquire land only if 80 per cent of farmers give consent. The land pooling system under which the state government acquires lands from farmers and other land owners has come under fire as the CPI (M) Polit Bureau member and MP [...] Continue Reading »
The107 year old Alembic Group of Companies based at Vadodara is planning to enter the Bengaluru market through its real-estate subsidiary Alchemy Real Estate by launching ‘Urban Forest’ – a luxury apartment project. Alchemy Real Estate, a branch of the Alembic Group of Companies announced its first project in Bengaluru on Friday which will be [...] Continue Reading »
The net debt of DLF went up by Rs. 817 crore and made Rs. 19,94 crore, at the time of second quarter of the financial year. The realty firm had planned to increase it by Rs. 3,600 crore with the help of securities along with the support of commercial fundamentals to take place of more [...] Continue Reading »
An estimated value of Rs.400 crore has been raised in the initial close of Reliance AIF Asset Management Co. Ltd.’s first real estate fund scheme. On the 1st of August, Reliance Yield Maximiser Alternative Investment Fund Scheme first came into being. The Reliance AIF is a 100% subsidiary of the Reliance Capital Asset Management Limited [...] Continue Reading »
