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Realty News

Pacifica company launches new residential project in Chennai

Pacifica company launches new residential project in Chennai
Chennai- Pacifica group is coming up with their most influential project named “Pacifica Aurum ” situated at OMR IT corridor, Chennai. Sprawling across four acres of land, Pacifica Aurum offers 2 ,3, and 4 bhk premium apartments covering an area ranging between 1147 sq ft to 4303 sq ft. The price of these apartments starts [...] Continue Reading »

Construction of Bahadurgarh-Delhi metro to start soon

Construction of Bahadurgarh-Delhi metro to start soon
Bahadurgarh- Bahadurgarh, known as the “Gateway of Haryana,” is expected to develop as the fourth National Capital Region (NCR) town and third city of Haryana to be connected with Delhi through Metro rail. Bahadurgarh is both a city and a municipal council located in Jhajjar, a district in the state of Haryana. Union urban development minister Kamal [...] Continue Reading »

Gradient improvement work by NHAI

Gradient improvement work by NHAI
To bring in relief for the commuters, the National Highways Authority of India (NHAI) has taken up gradient improvement work following gridlock at the Nanthoor junction, the junction of two National Highways 17 and 31 even during non-peak hours. Due to steep gradient at the circle in the junction, it was a difficult task especially [...] Continue Reading »

Metro on hold due to non-clearance from govt

Metro on hold due to non-clearance from govt
Gandhinagar – The nodal agency for the Ahmedabad-Gandhinagar metro rail project, MEGA (Metro-Link Express for Gandhinagar and Ahmedabad) has still not utilized the budget provided last year. The nodal agency was provided an amount of Rs 500 crore. It has been ten months of the allocation and the rail project is facing extreme delays and [...] Continue Reading »

DDA to review Master Plan 2021 before July 2013

DDA to review Master Plan 2021 before July 2013
New Delhi- Delhi Development Authority is hopeful of completing the Master Plan 2021 review by June-July 2013. In 2012, the Union urban development minister Kamal Nath had said that the mid-term review would be completed by the end of 2012. But as per sources, it was a tedious process as each amendment in the master [...] Continue Reading »

Sobha Developers achieves 24% hike in sales

Sobha Developers achieves 24% hike in sales
New Delhi – Bangalore-based leading realtor, Sobha Developers has sold properties worth Rs 1,540 crore during the first nine months of this fiscal. Compared to the previous fiscal, the developer has achieved 24 percent hike in its sales value. The net debt of the developer stood at Rs 1,320.8 crore as on December 31, 2012, [...] Continue Reading »

Blackstone exits JV with Embassy Property

Blackstone exits JV with Embassy Property
Global investor Blackstone is all set for a probably maiden profit from the Indian real estate market, riding on luxurious apartment sale in Bangalore. Blackstone is to exit the joint venture with southern developer, Embassy Property Developments, building 467 residential units, collecting more than Rs 210 crore, said some sources. According to sources, in just [...] Continue Reading »

Developers increase focus on senior-friendly housing

Developers increase focus on senior-friendly housing
New Delhi- Senior citizen friendly apartments are becoming popular in India. Many top realtors have already dedicated projects catering to the needs of the elderly people. India will have 198 million senior citizens (aged 60 and above) by 2020, according to an estimate of United Nations. This big number of senior population has been attracting [...] Continue Reading »

Strong demand pushes property prices up in Thanisandra

Strong demand pushes property prices up in Thanisandra
Thanisandra, a locality in north Bangalore, has witnessed a 15 percent hike in the property values during the October-December quarter 2012. The highest and the lowest price for the properties stood at Rs 4,228 per sq ft and Rs 3,992 per sq ft, respectively in this area. According to a property adviser, many good projects by reputed [...] Continue Reading »

HMDA soon to go online for buildings and layouts permissions

HMDA soon to go online for buildings and layouts permissions
Hyderabad- According to the metropolitan commissioner, the Hyderabad Metropolitan Development Authority (HMDA) will soon make its approval system fast and easy through online process. This online process of sanctioning buildings and layouts permissions will take around 10 days while the existing system takes three to four month in it. Currently the authorities are discussing and [...] Continue Reading »



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