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Realty News

Sanghvi Group’s input in new credit policy of RBI

Sanghvi Group’s input in new credit policy of RBI
The Sanghvi Group of Companies has evolved into one of the most prominent real estate developers in Mumbai. Director of Sanghvi Group of Companies welcomed the new credit policy of the Reserve Bank of India. The group feels that the reduced cost of accessing funds by developers will aid in accelerating project execution which were [...] Continue Reading »

Launch of phase III of Satya Villa De in Ghaziabad

Launch of phase III of Satya Villa De in Ghaziabad
Ascent Buildtech has launched phase III of its five-acre project Satya Villa De at Raj Nagar Extension, Ghaziabad. The construction of the third phase will require an investment of Rs 60 -70 crore. The first phase of the project is about to complete and the possession of apartments will be given to the owners in [...] Continue Reading »

New solar park in Gujarat

New solar park in Gujarat
A solar park project in Gujarat has been completed in eight months. The project will help the residents of Gujarat in utilizing solar energy for their daily needs. The project was invested by the bollywood actor Ajay Devgn. It is also reported that the Mumbai apartment of the actor and the farmhouse at Karjat also work [...] Continue Reading »

Godrej Properties will invest in realty projects in Kolkata

Godrej Properties will invest in realty projects in Kolkata
Real estate developer Godrej Properties announced that they will be developing about 1.36 acre of land for a residential complex in the posh area of Alipore in Kolkata. Like other Godrej Properties projects, this project will be done on a joint venture basis. Godrej Properties is expecting to launch the project in January, 2013 and [...] Continue Reading »

BBMP planning to treat service apartments as commercial property

BBMP planning to treat service apartments as commercial property
The Bruhat Bangalore Mahanagara Palike (BBMP) is planning to bring the serviced apartments in Bangalore under the commercial property tax. Currently BBMP is rushing to complete the Property Identification Data project (PID). They hope this drive will bring serviced apartments and hidden commercial complexes to light. And the revenue collection will increase simultaneously. As the [...] Continue Reading »

Rooftop spy camera made residents uncomfortable

Rooftop spy camera made residents uncomfortable
A retired professional installed a surveillance camera on the roof of his one-storey bungalow in Wadgaon Sheri in Pune. The Selvaraj Apartments was exactly opposite to the bungalow. The residents of the apartment in Pune were shocked to find that John Munnur, the neighbor, had mounted a rotating camera which was prying into four bedrooms. [...] Continue Reading »

Air conditioner killed mechanic

Air conditioner killed mechanic
An AC mechanic from Panasonic company was killed when a Samsung  air conditioner suddenly exploded while it was being opened for maintenance, and his helper was injured. The incident took place in the Indraprastha Apartment of Anoop Shrivastava in Govind Nagar, Kanpur. As soon as Abhay, the mechanic, opened the AC, it exploded with a [...] Continue Reading »

Residents of suburban Mumbai fearing of criminal neighbours

Residents of suburban Mumbai fearing of criminal neighbours
Several recent activities in  upper- and middle-class residential areas of suburban Mumbai increases the fear of living next to a criminal. The incident of Arunkumar Tikku at Samarth Aangan Society in Oshiwara, or the assassination of TV producer Neeraj Grover in Dheeraj Solitaire, caused shock waves for the residential complexes in Mumbai region. The residential [...] Continue Reading »

ASV started construction of residential property in Chennai

ASV started construction of residential property in Chennai
Alexandria, a four tower residential project, will provide 374 luxurious apartments in Chennai. The project is constructed by ASV Constructions. The majority of the real estate projects constructed by them are into IT Parks and Commercial buildings. The project location is close to the Sholinganallur junction over an area of six acres. The super luxury [...] Continue Reading »

Container Road transformed into dump yard in Kochi

Container Road transformed into dump yard in Kochi
The road connecting Kalamassery to the International Container Transshipment Terminal Vallarpadam (container road) became a dump yard of construction waste. As the area is blocked by the backwater and a island, the waste dumping posing a threat to the existence of the water bodies and vegetation, including mangrove forests. The National Highway Authority of India [...] Continue Reading »



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