Realty News
Kolkata- Developers believe that Kolkata is likely to see a large number of small residential projects in areas like Diamond Harbor, Rajarhat, E M Bypass, Garia and Kona Expressway over the next one or two years. They expect that, owing to land scarcity, though Kolkata may not get big housing projects, availability of small land [...] Continue Reading »
The Amrapali Group, one of the leading real estate developers in Delhi, ties-up with Jaura Infratech, another leading real estate developer in the area, to come up with its new residential project named, ‘Amrapali Jaura Heights’. The project located at Sector 1, Noida Extension, offers 2, 3 and 4 BHK apartments. The area of the [...] Continue Reading »
Kolkata – The Kolkata Metro Rail Corporation (KMRC) has disposed the proposal of realigning the East-West Metro route due to massive increase in cost. KMRC is already bearing Rs 40 crore a day for delay in construction. This realignment of East-West Metro route was proposed to avoid the acquisition of 1.599 acres of land near [...] Continue Reading »
Orris is set to launch a new township project named ‘Orris Curio City’ in Greater Noida, aiming to bring a new experience of luxury and a healthier lifestyle to the customers. It’s a mixed township project comprises of modern commercial and retail space, housing areas, luxury five star business hotel, educational institutes, health care centers and [...] Continue Reading »
Lucknow- Uttar Pradesh government has planned to revise housing policy in favour of developers for reserving certain percentage of units for economically weaker sections (EWS) of the society in their housing projects on above 3,000 square metres of land. The policy will be made applicable to both group housing and plot development projects. According to [...] Continue Reading »
Thane: The Thane Municipal Corporation blames that the developers and contractors who involved in the housing for slum-dwellers welfare programme in Thane have reaped huge profits. The JNNURM-funded Basic Services for Urban Poor (BSUP) scheme in Thane, was launched six years ago in order to provide near-free housing for the poor in areas like Tulsidham, [...] Continue Reading »
New Delhi- Reserve Bank of India (RBI) has softened norms to allow realty firms and brokers to apply for banking licenses. The RBI final guidelines are likely to be announced by February end. According to sources, these guidelines seem to strand reservations for realty firms and brokers. RBI had released draft guidelines in August 2011, [...] Continue Reading »
Delhi-NCR- In terms of commercial real estate, Delhi-NCR is expected to beat other places with mounting real estate rates compared to other prime commercial destinations. Connaught Place in New Delhi stands in the world’s fourth most expensive office location, revealed a recent report by Cushman & Wakefield, which ranks locations across 63 countries to compare [...] Continue Reading »
Mumbai- With rising demand and sales of real estate projects, the trend of project pre-launches has been re-entering the prime real estate markets of India like Mumbai, Delhi-NCR and Bangalore. The Maharashtra government has made the way simpler for developers to get regulatory clearances for real estate projects. Following this, the real estate in Mumbai [...] Continue Reading »
Delhi Development Authority (DDA) was asked by the Delhi High Court to immediately inquire about the “illegal” sale or purchase of residential plots that has been allotted as per the scheme of large-scale acquisition, development and disposal of land. A bench heading by Chief Justice D Murugesan has asked the Vice-Chairman of the DDA to [...] Continue Reading »
