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Realty News

Bhubaneswar Development Authority unable to control Panchayats

Bhubaneswar Development Authority unable to control Panchayats
The Orissa Development Authorities Act, 1982 cannot be implemented to rural areas. In a judgment, the High court said that bringing 205 villages under the BDA planned area would take away the power, duties, functions and authority of gram panchayats by the development authority. In the order the high court restricts the power of the [...] Continue Reading »

Hallmark Infrastructure will raise $20 million from private equity

Hallmark Infrastructure will raise $20 million from private equity
Hallmark Infrastructure has planned to raise funds of $20 million from private equity for its 40 acre residential development of villas and row houses in Chennai. The proposed project will be constructed in Mahindra World City (MWC) in Chennai. Paracor Capital Advisors will help Hallmark Infrastructure for the fund raising program. Earlier Hallmark Infrastructure raised [...] Continue Reading »

Integrated townships are new trend in Gurgaon

Integrated townships are new trend in Gurgaon
The latest and most demanding satellite city in NCR were a sleepy village few years back. Now a days the integrated township projects are coming up in the area as the Gurgaon region is growing rapidly since 1983. Gurgaon has already witness the construction of bigger commercial complexes for different fortune 500 companies. Now the [...] Continue Reading »

Armani is shifting from DLF to Genesis

Armani is shifting from DLF to Genesis
The journey to the real estate funding will continue for Giorgio Armani. Earlier that had a joint venture with DLF. Now the Armani is closing the deal with DLF and planned to go for a new venture with Genesis Luxury. The basic investment policy of Armani is into luxurious projects in India. And as DLF [...] Continue Reading »

Mumbai housing societies refusing to rent apartments to TV actors

Mumbai housing societies refusing to rent apartments to TV actors
As a result of the Arunkumar Tikku and Karan Kakkar murder case, the housing societies in Mumbai are refusing to allot flats to the singletons and small TV artists. Many TV actors are getting notice from the apartment communities in Mumbai to get their parents or vacate the places. The real estate agents are also [...] Continue Reading »

Youth drowns in Swimming pool of Woodstock Apartments

Youth drowns in Swimming pool of Woodstock Apartments
The swimming pool of Woodstock Apartment in Versova became a witness of a death of a 20 years old youth. At a late night party in the poolside of Woodstock Apartments, Imran Shaikh’s body found lying still in the water. The other friends then took him to the nearby Cooper Hospital in Vile Parle (W), [...] Continue Reading »

New housing policy is essential for Kashmir

New housing policy is essential for Kashmir
The shortage of residential apartments are increasing in Kashmir. The population is expected to increase by 1 million till 2020. The people of Kashmir will find it difficult to provide them with residential places in near future. The forests are disappearing to support the upcoming need of lands for construction of residential, industrial, agricultural, or [...] Continue Reading »

New residential apartment Inland Espana in Mangalore

New residential apartment Inland Espana in Mangalore
The Inland Builders has laid the foundation stone for the latest residential apartment in Mangalore. Inland Espana will host 30 luxurious apartments in a G+5 complex. 2BHK and 3BHK apartments will be constructed in the project. The amenities like automatic elevators, Gymnasium, Generator, car parking, CCTV facilities will be available in the apartment complex. The [...] Continue Reading »

Skyline launched its 114th project

Skyline launched its 114th project
Skyline Axis, at Paravattani will be the 114th project by the Skyline Builders. The luxurious apartment will be constructed over an area of 1.43 acres of land. The place is just 3.4km from Swaraj Round and 1.8km from Mannuthy bypass. All luxury amenities like an air-conditioned multi purpose recreation hall, fitness centre, guest suite, swimming [...] Continue Reading »

Foreign investment for water supply scheme in Guwahati

Foreign investment for water supply scheme in Guwahati
The apartments in Guwahati are struggling for a long time to an acute crisis of water. The situation will change in near future as two foreign-funded drinking water supply schemes will start providing 24 hrs water supply to households. The Guwahati Metropolitan Drinking Water and Sewerage Board reviewed the implementation schemes by Japan International Cooperation [...] Continue Reading »



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