Realty News
(GPL) launched a luxury residential project ‘Godrej Serenity’ at Chembur, Mumbai on Tuesday. Godrej Serenity will include a 17-storey tower comprising 3 and 4 BHK luxury apartments and 2 exclusive duplex penthouses. It will offer modern lifestyle amenities like a clubhouse, which includes a swimming pool, a steam room, a sitting room, a pool table [...] Continue Reading »
The rupee value has decreased significantly in the recent time, with the recent exchange value recorded as Rs 60 for a dollar. However, falling rupee is a boon on the part of realty of India and NRIs. Builders are getting plethora of enquiries from NRIs to purchase properties. The number of sales of properties in [...] Continue Reading »
The builders of India seem to have learnt that luxury amenities attract rich buyers of the new era the most. To keep pace with the changing lifestyles, builders have started implementing high class amenities like Jacuzzi, squash court and cinema halls, in their luxury projects. Keeping in mind the requirements of young generation and new [...] Continue Reading »
Sopan Baug, located in Central Pune, is one of the classy residential areas of the city. The area is in proximity to Pune Cantonment area and thereby is a secure place to live. It is also considered to be the best area for residence since it is in the vicinity of the city center, CBDs [...] Continue Reading »
A leading Indian realty firm, Synergy Property Development Services Ltd, bagged a $153-million township development project in the central African country of Rwanda. The firm bagged the township project through international bidding. As a global project management consulting and turnkey solution provider, the Bangalore-based Synergy will undertake design and project management of Rwanda Social Security [...] Continue Reading »
According to the recently released ‘White Paper on Black Money’ by the Union government, real estate is the highest contributor to the total black money generated. Depending on the parties involved and the transaction type, the ‘black money rolling’ percentage within the sector is much higher at around 30 per cent. On an average, the [...] Continue Reading »
Gowri Shankar Gupta, a prominent realtor, has been arrested on 22nd June in connection with a criminal case filed by construction giant DLF. He was called for questioning and subsequently arrested, in accordance to a pending case of cheating Hyderabad Metropolitan Development Authority (HMDA). Soon after his arrest, the accused complained of chest pain and [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) has been looking for aid from corporate world to groom the city for the International Biodiversity Conference to be held in October. The Central Government’s refusal for support has paved way to this act of GHMC. Many leading companies including L & T, Nagarjuna Constructions, State Bank of India [...] Continue Reading »
Many real estate developers are entering the educational sector as many international schools in the city are run by one realtor or the other. For instance, Prestige Group promotes Inventure Academy, Mantri Developers is among the trustees of Indus International, Salarpuria Sattva has taken over Greenwood High, Gopalan Group runs Gopalan International School, and many [...] Continue Reading »
DLF’s Mumbai land sale deal has captured strength as three buyers are in advanced stages of negotiation. Sources said that the deal may close in the next couple of months. Three major developers including Oberoi Realty, Lodha Developers and Runwal Group are currently negotiating the deal. The deal is likely to range between Rs 2300 [...] Continue Reading »
