Realty News
Gurgaon- Supertech is all set to launch its first residential project in Gurgaon named Araville in Sector 79. Araville, a 10 acre residential development nestled at the foothills of the Aravallis. The project is expected to cater both nature and urban oriented living. It is situated in a serene place and offers 2/3/4 BHK luxury apartments. The amenities offered are [...] Continue Reading »
Bangalore – With a vision to satisfy its buyers’ need for a better experience through quality construction, India’s leading real estate developer Unitech Limited has initiated Unitech Uniworld Resorts in Electronic City Phase I, Bangalore. Uniworld Resorts is a premium lifestyle residential project that is blessed with a resort-like environment, as the name suggests. Being [...] Continue Reading »
New Delhi- The upcoming budget session will have the real estate bill tabled without any changes. It is said that the ambit of the bill excludes the sale of space for commercial purposes like offices or shops. Due to a tug-of-war between Ajay Maken’s housing ministry who is piloting the bill and Kamal Nath’s urban development ministry who [...] Continue Reading »
Property registration in Mumbai goes online! Downloading of property registration documents in Mumbai will be allowed very soon by the inspector general of registration (IGR). Now, citizens do not have to wait in queue to visit registration offices to get hard copies of the transactions. The departments at present receives four lakh requests approximately seeking [...] Continue Reading »
Delhi- After the controversial remarks on the Delhi gang rape, Asaram Bapu is again in the news for another controversy. The self-styled godman has been alleged with Rs. 700-crore land grab case. The Serious Fraud Investigating Office has decided to prosecute him. According to the SFIO, Bapu has been a part of the 200 acres land grab [...] Continue Reading »
New-Delhi- With a target price of Rs. 300, the Bank of America Merrill Lynch has sustained its ‘Buy’ status on DLF BSE 3.70 percent. As per a BofA-ML official, they have decided to reiterate ‘Buy’ on DLF based on the revised price objective of Rs. 300 with a 15 percent discount to net NAV of Rs. 353 along with 20 [...] Continue Reading »
New-Delhi- The country’s real estate sector 2013 outlook was revised by Indian Ratings to stable from negative due to the improvement in margin and liquidity of developers seen by the Fitch group. India Ratings has noted an encouraging trend of the ease of liquidity pressures. Real estate companies in the financial year of 2012-13 saw [...] Continue Reading »
New-Delhi- DLF, one of India’s largest real estate firms, has decided to sell away its wind energy business to settle its debt. DLF will be selling away its wind energy business for a sum of Rs. 900 crore to an un-named company which was started by the previous general Electric India Boss. As per officials, [...] Continue Reading »
Mumbai- Mumbai-based realtor, Disha Direct, has launched a premium Goan theme residential project at Alibaug, near Mumbai, with an initial investment of Rs 10 crore. The developer, which is mainly into second home business, has launched Cidade Vida which uncovers profitable investment. According to the developer, Alibaug was chosen to launch the project because it [...] Continue Reading »
The West Bengal government is planning to come up with a new policy for land acquisition that would be specifically meant for land owned by private individuals or groups. Since the auction route for land allocation is not favouring builders who are facing acute shortage of land for new development, the government has planned to [...] Continue Reading »
