Realty News
Delhiites get a chance to own their dream house at cheaper rates as Delhi Development Authority (DDA) will soon start the construction of 30,000 cheaper flats. Most of the flats will be constructed in Narela and the rest in Rohini. Under this intended project, DDA will build 25,000 LIG (Lower Income Group) flats and rest [...] Continue Reading »
Even though city’s green cover is falling short of the mandatory 20% as per the Master Plan 2025, the Jaipur Development Authority (JDA) have not taken any step to contain or improve the situation. Currently, the city has only 11.3% of its area under green cover. The alarming situation, however, has not given any tension [...] Continue Reading »
Indian Realty firm Ansal Buildwell today has tied up with Bahrain-based VKL Holdings under which the two firms would invest USD 100 million each to develop housing and infrastructure projects in India and Bahrain. Ansal Buildwell signed a memorandum of understanding (MoU) with VKL Holdings and group firm Al Namal to explore opportunities of investment in India and Bahrain. The [...] Continue Reading »
In what marks a continuation of its aggressive strategy to buy properties in India and overseas, Lodha Group has acquired its second asset in London for £90 million ($150 million or approximately Rs 930 crore). The group’s recent acquisition is a property called New Court. It is located on Carey Street next to the London [...] Continue Reading »
Realty firm Silverglades announced that it will invest Rs 350 crore to develop a housing project at Gurgaon and said that it would tie-up with Age Ventures, the non profit organisation for management of flats for senior citizens. The company plans to develop 950 apartments in this 17.5 acre project, of which 156 flats would [...] Continue Reading »
After the state government’s decision to take back thousands of acres that were given to Reliance Industries for developing special economic zone (SEZ) in the area, the local farmers are making hard efforts to get the possession of the land back describing it as their legal right. Farmers have involved the Jhajjar Deputy Collector by [...] Continue Reading »
According to the realty consultants Jones Lang LaSalle, the passing of contentious Telangana bill in the Lok Sabha may not have much impact on investment sentiment in realty sector across Hyderabad, as, for next 10 years it has already been planned to serve as a joint capital. JLL Managing Director, Hyderabad, Mr. Sandip Patnaik said, “The [...] Continue Reading »
The Haryana government is set to regularize illegal residential colonies that had come into existence by January 1, 2014. A Bill to regularize such colonies will be brought in the Budget session of the Vidhan Sabha. Several lakh residents of hundreds of illegal colonies are bound to get benefited by the move. For illegal colonies [...] Continue Reading »
Environmental activists alleges Haryana government destroying Aravali green cover to push realty Environmental activists say that large-scale trees have been cut in the Aravalis, particularly in Mangar and Roz Ka Gujjar. Haryana government is trying hard to get its revised sub-regional plan approved by the NCR Planning Board. The activists claim that the underlying purpose [...] Continue Reading »
HUDA has announced a draw of plot allotment for over 900 people. The land for these people had previously been denied in its sectors due to litigations. HUDA administrator, P C Meena said the process will commence from Monday and continue for a week. Each day a specific plot size will be allotted in the [...] Continue Reading »
