Realty News
As the country has seen the launches of houses worth around $2 billion last year, luxury homes are catching up again in the real estate market. Such projects were launched during a time when the country was facing slowdown in the real estate sector. Around 5000 homes were launched across prime cities that are priced [...] Continue Reading »
Bhubaneswar- Tata Housing Development Company Limited, a renowned real estate company in India, has announced its first integrated residential complex “Ariana” in Bhubaneswar. The company has entered Odisha market by launching “Ariana” at Shankarpur which is jointly developed in association with the Bhubaneswar Development Authority (BDA). This new residential project in Bhubaneswar sprawls across 12 [...] Continue Reading »
Despite cuts in interest rates in home loans by banks, the growth in this segment has dipped as against previous years, as per Reserve Bank of India’s credit data. The trend of availing home loan to the housing sector was 13.3 percent in January 2012 which has dipped down to 12.3 percent in January 2013. One reason for [...] Continue Reading »
Unishire has announced the pre-launch of its new project called Terraza, spread across two acres. The project is located in Hebbal, behind Manyata Tech Park. It is in close vicinity to ORR, BIAL, schools, malls, hospitals and other important destinations of daily life. Unishire Terraza comprises of 182 Simplex homes including 2, 3, 3.5 and [...] Continue Reading »
According to the recent budget for the 2013-14 fiscal, Rs 890 crore has been sanctioned for infrastructural development of various districts in the entire state of Haryana. Out of this, a big amount (Rs 605.48 crore) has been solely dedicated to Gurgaon to develop the infrastructure of the city. Gurgaon has always got a raw [...] Continue Reading »
Pune Municipal Corporation (PMC) has recently demolished 38 illegal structures standing tall in Shivajinagar, KasbaPeth, Wadgaonsheri, NIBM Road and Shivarkar Road. These structures which were razed by the civic body include 38 tin shed structures and eight concrete houses located in the slums. PMC has already started the demolition drive which has been one month [...] Continue Reading »
Hindustan Unilever Ltd (HUL) is now thinking of disposing of its residential properties and plots after selling/leasing out its commercial properties last year. The consumer goods giant is focusing on selling these properties basically in the metro cities which can garner revenue of Rs 100 crore. About two dozen apartments and land parcels in posh [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) has given a relief to the residents of Mumbai by announcing an extension in dates for payment of property tax. Now, the last date for paying the new capital value based property tax is extended by three months. However, an official announcement is yet to be made. For many days, citizens [...] Continue Reading »
Land details of 73 villages of the Gurgaon district have been computerised and integrated with online system. This new process will help in controlling fraud cases in sale of land deals. According to concerned officials, after the system started, delivering of hand written copy of Jamabandi in these villages has been totally banned. There will [...] Continue Reading »
TDI Infrastructure is developing a group housing project in Delhi NCR which is being funded by Kotak Realty Fund. This is the first investment by the private equity firm in a project by TDI. The housing project is spread across 29 acres area. It is a part of a larger 1,200 acre township in Kundli. [...] Continue Reading »
