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Realty News

Hoskote emerges as promising residential destination

Hoskote emerges as promising residential destination
Hoskote is the new hot spot in Bangalore. Neo Bangalore is all about a planned township, world class connectivity with established industries coming in. Hoskote, an area in Bangalore which holds great promises and expectations. There are various reason why Hoskote is becoming one of the hot spots. One of the main reasons why people [...] Continue Reading »

New infra development fund for UP

New infra development fund for UP
In a move to develop the infrastructure of the state, Uttar Pradesh CM, Akhilesh Yadav is planning to set up an infrastructure development fund from parts of profits from Noida, Greater Noida, GDA, LDA and other agencies. He also assured that the farmers’ interest will be protected. The CM announced this move at the inaugural [...] Continue Reading »

Delhi Metro’s phase 3 first corridor to be operational by March 2014

Delhi Metro’s phase 3 first corridor to be operational by March 2014
The first corridor in phase three of Delhi Metro – the Central Secretariat-Mandi House corridor via Janpath – will be operational by March next year. Delhi Metro is working on constructing a 3 km long underground pass to avoid the heavy traffic at Rajiv Chowk station. The chief of Delhi Metro Rail Corporation said that, [...] Continue Reading »

Green building concept fails to attract developers in MP

Green building concept fails to attract developers in MP
Indore- The real estate developers in Madhya Pradesh are not bothered to follow Green Building concept, a new concept to rate building on certain factors. The efforts and incentives provided by government are also going in vain. It is found that not even a single building in state is rated “green building”. According to some [...] Continue Reading »

Mumbai to witness drop in property prices; opposite expected in Gurgaon

Mumbai to witness drop in property prices; opposite expected in Gurgaon
Property prices in Mumbai are forecasted to come down due to factors like high prices, lower demand and liquidity issues. Also, at the same time due to no new launches in Gurgaon, prices may go up, as per a report by Bank of America Merill Lynch. As per reports, in last ten years, property prices in Mumbai have [...] Continue Reading »

Alpha G:Corp joins Rattha Group to develop township in Chandigarh

Alpha G:Corp joins Rattha Group to develop township in Chandigarh
Chandigarh: Alpha G:Corp, a partner of Morgan Stanley and a leading real estate developer being funded by FDI, is planning to join hands with the Chennai-based Rattha Group to develop a Rs 1,000-crore integrated residential township in Chandigarh. The township will be located just 2.5 km from the Chandigarh border and is among the closest [...] Continue Reading »

Noida Authority to reward 5% FAR to green building developers

Noida Authority to reward 5% FAR to green building developers
Noida: On a measure to support development of green buildings in the city, the Noida Authority has decided to reward over 24 developers who have opted for eco-friendly construction by giving them 5 percent floor area ratio (FAR) for free. Around 20 buildings have been completely designed on the green concept and have received the [...] Continue Reading »

Flats in Mumbai with illegal changes to be spotted

Flats in Mumbai with illegal changes to be spotted
BMC is coming up with a new mechanism to find out and demolish the illegal constructions or the changes that have been done in a building or apartment in Mumbai by making a special team of officials who will be responsible for eradicating such structures. This motion will be public from May onwards where at least [...] Continue Reading »

Lucknow housing policy draft supports mixed land use

Lucknow housing policy draft supports mixed land use
Lucknow: In order to encourage mixed land use in the draft prepared for state urban housing and habitat policy 2013, the housing and urban planning department has recommended multi-centered pattern of urban growth along highways. Land pooling scheme is also suggested in case of compact area selected in consultation with landowners for urban development. Considering [...] Continue Reading »

New road projects coming up in Assam, Madhya Pradesh

New road projects coming up in Assam, Madhya Pradesh
New Delhi: The central government has given approvals to four road projects worth Rs 4,620 crore in Assam and Madhya Pradesh for the widening of National Highways. Three of the four projects are in Assam for widening of stretches of National Highway 37 under Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE). The [...] Continue Reading »



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