Realty News
Bangalore- With the approval of proposed land acquisition bill, the property prices in India are likely to increase, estimate real estate experts. The land prices and house rates are expected to increase and this is not a good progress for the real estate sector, alleged Lalit Kumar Jain, National President of Confederation of Real Estate [...] Continue Reading »
If you are a regular traveller via the Kalanagar junction then a good news for the commuters especially to and from the Bandra-Kurla Complex is the city’s business park. To save travelling time, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to come up with two tunnels and a flyover connecting BKC. The flyover [...] Continue Reading »
Delhi being a hub of industries, infrastructure along with the metro connectivity reaching far ends, the real estate market in the sub cities of the capital are developing in a great speed. Bhartiya Group’s founder and chairman Snehdeep Aggarwal spoke that, in past no body even thought of model or hub, but now developers are [...] Continue Reading »
Bangalore- Private Equity exits have significantly decreased as compared to last year, as the liquidity in the market is limited and several PE firms have been waiting for better returns. Real estate in India has witnessed around $288 million of PE fund exits in 2012 while it had seen the exits of around $457.32 million [...] Continue Reading »
Faridabad is growing at a rapid pace and is among the fastest growing realty destinations in NCR area. Increased demand for residential property has pushed the property market and transactions have increased by manifold in the area. Availability of homes at affordable rates along with improved infrastructure have resulted in property prices to go up [...] Continue Reading »
According to a survey, India ‘s most expensive office space in New Delhi (Connaught Place – CBD ) moved from 9 th position to 5 th position. Where as, Mumbai’s CBD – Nariman Point which was at 20th position until July has now gone to 25th position. Mumbai’s commercial real estate continues to fall further. [...] Continue Reading »
Bangalore – The proposed high-speed rail link to the Bangalore International Airport from the MG Road has been put to pause for long. The project, proposed in 2007, was estimated to include a budget of Rs 4,000 crore. The high-speed rail connectivity from the airport to MG Road was considered to be the only alternative [...] Continue Reading »
The Pimpri Chinchwad Municipal Corporation (PCMC) is ready to start the local body tax (LBT) though it has not yet got green signal from the state government. They are preparing a report about the merits and demerits of the LBT and a game plan to implement the tax. The report will be ready and submitted [...] Continue Reading »
Bangalore- Shriram Group’s real estate arm, Shriram Properties, is planning to raise fund of Rs 300 crore from private equity firms for specific projects. ASK Property Investment Advisors has recently funded Rs 100 crore to Shriram. But the realtor has said that it is looking to raise more funds. Shriram currently has a huge land [...] Continue Reading »
The civic body decided to explain the necessity of extending the BRTS projects in the city to the political workers and the citizens of the city. The civic body’s standing committee approved the proposal of implementing the BRTS project in January 2011. The project was supposed to get implemented on 27 roads at a cost [...] Continue Reading »
