Realty News
MJR Platina is an upcoming residential project in Bangalore. The project is developed by MJR Builders on the Hosur Main Road at Kudlu Gate. The project site is located at 3km from Central Silk Board. Easy connectivity to Electronics city made the project a preferable one. It is constructed in close proximity to numerous Tech [...] Continue Reading »
Brigade Enterprises, a real estate builder in Bangalore, has announced to raise additional capital of Rs 750 crore by issuing equity based securities to various investors through Public-Private Offerings, QIP, or Preferential share allotment. This is in addition to their earlier plan of raising Rs 500 crore by private equity investments. The exact mode and [...] Continue Reading »
Residents of Subbayyanapalya in Bangalore are angry over the demolition works that has been going on in an in orderly manner for past few days. A seven year old boy’s life was claimed due to this unplanned way of demolition drive of which residents are very furious. The house in question was not occupied for [...] Continue Reading »
MHADA has sold 11267 flat in Mumbai through lottery in last three years. It is found that still 5505 flat owners are waiting for getting the possession of the flats. MHADA had announced the results of another lottery, though; none of the winners of the 2011 lottery have managed to get the keys to their [...] Continue Reading »
Real estate in India has become a trend of non-performing asset classes. Real estate has outperformed equities, currency and bonds by a wide margin. It is noticed that the factors that go into driving real estate prices are definitely negative and will continue to remain negative going forward. The factors include lending rates and terms, [...] Continue Reading »
Emaar MGF Land Limited has raised $404Mn through a private placement of bonds. The funds raised will be used to redeem fully convertible debentures and to repay accumulated premium. The Emaar MGF is also planning to sell few of its land parcels to reduce debt which stand around R4100Cr. The real estate group has developed [...] Continue Reading »
The Delhi government has planned to lift the restrictions on sale and purchase of properties in over 1,200 unauthorized colonies. The regularization process of the unauthorized properties in Delhi has started, and once it is completed, there will be no obligation in Sale and purchase of properties in those colonies. Almost 40 lakh people are [...] Continue Reading »
Aisshwarya Group has over 17 years of experience in the construction business. Since the inception in 1996, Aisshwarya Group has experienced significant growth and gained numerous industry accolades, a tribute to their constant and continuing focus on innovative architectural design and the meticulous standard of finish and workmanship. The group controls every aspect of the [...] Continue Reading »
The West Bengal Government has legalized the sale of housing land in the satellite township of Salt Lake on the eastern fringes of the city. According to the legalization plan, the leasehold plots will be made into freehold ones following the payment of a transfer fee of Rs 5 lakh a cottah. The decision will [...] Continue Reading »
The demand for commercial property in Hyderabad is increasing as the IT industry of the region is expanding. The major commercial areas of the city are already saturated and there is hardly any space available. Due to lack of opportunity in the main city area, the demand for commercial properties has shifted to suburban locations [...] Continue Reading »
