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Realty News

PE investment in real estate reduced in last quarter

PE investment in real estate reduced in last quarter
The private equity firms invested $279.53 million into Indian real estate projects in the first three months of 2012. The investment amounts are recorded low compared to the investments made in the same time period of 2011. The recent transactions transferred the investment area from construction state to the entry state of land acquisition. The [...] Continue Reading »

Unitech Ltd planned to raise Rs.1100 crore

Unitech Ltd planned to raise Rs.1100 crore
The real estate giant Unitech Limited planned to raise Rs 1100 crore funds by renting and leasing office space in Gurgaon region. The company will utilize the amount raised in the construction of projects in Kolkata and NCR. The fund will help to increase the construction pace of the SEZ projects and the construction of [...] Continue Reading »

Sales of apartments in Mumbai reduced in 2011

Sales of apartments in Mumbai reduced in 2011
Though the real estate market in India saw a good rate of sales of apartments in 2011, the property market in Mumbai witnessed a downfall in property sale. The major reasons of less number of sale of apartments in Mumbai are the high price of apartments. On the other hand the demand for new apartments [...] Continue Reading »

Bridge construction put on hold in Goa

Bridge construction put on hold in Goa
The government of Goa planned to make some changes in the construction design of the Navelim-Sinquetim bridge. As people are opposing to  the construction of the bridge, the chief minister asked to stop the construction work. He wants to reassess the factors to benefit the residents of the place. He also asked the planners to [...] Continue Reading »

60 years old bridge dismantled in J&K

60 years old bridge dismantled in J&K
‘Zorr bridge‘, later changed into ‘Zero bridge‘ was dismantled in Jammu & Kashmir. The bridge lost its ability to carry vehicular traffic. Hence vehicle transportation over the bridge was stopped two decades ago. To preserve the local sentiments about the heritage structure, the government planned to construct another wooden bridge in the place. The bridge [...] Continue Reading »

Extended suburbs are new destination for home buyers in Mumbai

Extended suburbs are new destination for home buyers in Mumbai
Everyday people have to travel more in crowded local trains in Mumbai, still they are looking for residential properties in suburban Mumbai and extended part of it. People are expanding their home buying options in Kalyan, Dombivli, Boisar, Vasai, Virar, Titwala, Shahad, Vasind, Ambarnath, Karjat, Pen and Khopoli. As the cost of properties in Mumbai [...] Continue Reading »

Roads in rural Karnataka will be repaired shortly

Roads in rural Karnataka will be repaired shortly
The state government of Karnataka has submitted  proposals to the central government for rural development under the Pradhan Mantri Gram sadak Yojana. After the announcement made by the Union minister for rural development to expedite the approval process, Karnataka government is expecting a grant of Rs.1400 crore. The entire cost was projected to repair the [...] Continue Reading »

Construction of Sopor Bye pass bridge has been started

Construction of Sopor Bye pass bridge has been started
BEACON has started the construction of the incomplete portion of the Sopore Bye pass bridge, reported by the minister for Rural Development of J&K. The minister also reported that the revised cost of the project is estimated at Rs 997.70 lakh. And the execution of the work has already started. He also informed that the [...] Continue Reading »

Under construction drains in Pratap Nagar left uncovered

Under construction drains in Pratap Nagar left uncovered
The residents of the apartments in Pratap Nagar are suffering from the foul smell coming out from the uncovered drains in the area. The civic body dug up the drains in the region for the construction of new stormwater drain. Though six days passed, the place kept uncovered and unprotected with five feet deep trench. [...] Continue Reading »

MLA works for the development of Srikul

MLA works for the development of Srikul
The life of the residents of Srikul will be benefited by the steps taken by local MLA. The MLA of Srikul assembly constituency distributed CI sheets among the residents of the locality. The MLAs also concern about the transparency of the investments and he also assure to maintain the quality of the welfare programs for [...] Continue Reading »



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