Realty News
Mumbai-The property rates in Mumbai is touching the sky but if you dream to buy a second home in Mumbai or surrounding areas, then your dreams can come true now as Karjat, a small town in Navi Mumbai is offering affordable housing. The price per square feet of an apartment ranges from Rs 2,200-2,800 per [...] Continue Reading »
Chennai- Shriram Group’s real estate arm, Shriram Properties, is all set to launch a senior friendly residential project near Guduvanchery, off GST Road, in South Chennai. Collaborating with Age Ventures India (AVI), Shriram Properties has exclusively designed “Shankari Sanjeevani” in order to facilitate senior citizens with their changing practical needs. The project comprises of 134 [...] Continue Reading »
Pune- DHL, the global market leader in the logistics industry, will be the first tenant in IndoSpace Chakan industrial and logistics park at Pune, according to a source of the company. The industrial park, spreads across 100 acre, was developed at a cost of Rs 400 crore by Realterm Everstone Development Management, which is a [...] Continue Reading »
Over the past five years, housing finance penetration has remained stable in India, reports ICRA Limited, an Indian credit ratings agency. The penetration levels in other developing countries are significantly higher than in India. The report states that the penetration rate increased from 4.5 percent as on March 2004 to 7 percent in March 2007. [...] Continue Reading »
Pune- The Pune real estate market is attracting good number of investors and buyers. The developers are also showcasing new projects in various destinations. The project inculdes both premium and affordable housing. Talegoan is located on the Bangalore-Mumbai expressway, hence it is not only attracting buyers from Pune but also from Mumbai and Bangalore. The [...] Continue Reading »
Bangalore- Violating the norms of the Karnataka Industrial Areas Development Board (KIADB), large and medium industries minister Murugesh Nirani, has allotted a prime industrial plot in Peenya to S Nagarathna, wife of environment minister Sogadu Shivanna, alleged an RTI activist. Dinesh Kallahalli, the RTI activist, blaming Nirani, Shivanna and KIADB general manager Ashok R Manami [...] Continue Reading »
Indiareit Fund Advisors, the real estate private equity arm of Piramal Enterprises who invested Rs 440 crores has exited from the three realty projects including a residential project in Pune, a premium luxury project in Mumbai and phased stake sale of an SEZ within a township project located at Hinjewadi, Pune, being developed by Paranjape [...] Continue Reading »
Chennai- Perumbakkam, a suburban residential hub of South Chennai, has observed 8 percent increase in average property values in the last quarter. The area, offering a wide range of multi-storey apartments, is well connected to the IT hubs of OMR and Sholinganallur through the ECR Link Road. The rate per sqft of properties in Perumbakkam [...] Continue Reading »
Bangalore- Wipro, India’s third largest software services company, is planning to build its largest campus which can house at least 30,000 employees in Bangalore. Hariprasad Hegde, vice-president and global head of operations at Wipro, revealed that the master plan for the new campus is about to be finalised. The campus will be spread across 50 [...] Continue Reading »
New Delhi- Now commuters from South Delhi to Gurgaon and Faridabad need not fret about the traffic as the Delhi Government has decided to come up with a construction of a four-lane road stretching from Mehrauli-Gurgaon Road to Gurgaon-Faridabad road. This project is funded by the urban development ministry with Rs. 597- crore. The road will measure [...] Continue Reading »
