Realty News
It is a matter of confusion between the Scheduled Tribes and Suzlon Energy Ltd. Suzlon Energy Ltd has a land in Palakkad belonging to the tribal citizens on which it had set up a work station and two wind mills. Government had asked the local collector to allot the land to the locals. But the [...] Continue Reading »
Mahindra Holidays & Resorts has added up another project in its growing list of properties. This time it is in Goa. As the New Year is nearing, Club Mahindra had a sight on the most popular tourist spot in the country. It has recently acquired a 106-rooms property in the city. With this acquisition, the [...] Continue Reading »
Residents of Mira Road, Mumbai were in a state of shock as two seven storied buildings got a signal from municipal corporation for demolition. Those residents could not believe their abode being demolished for which they were still paying home loans. The flats are Ashirwad Manzil and Ashirwad Prem and the owners have been given [...] Continue Reading »
Mumbai developers and builders blame Reserve Bank of India (RBI) for the poor realty sales for the year 2011. Every month there is 12 percent reduction in realty sales, which is a huge loss indeed! However, the realty analysts say that RBI is doing its job and has been neutral by pausing and easing interest [...] Continue Reading »
The sudden boom in real estate after the long time slump has given a hint of doubt among buyers and developers. However, they a reason to be happy because of the same. Brokers and real estate consultants have been working long hours calculating the fate of buying and selling hotel projects. Since there has been [...] Continue Reading »
Mumbai property rates are hitting sky and no wonder the demand for them have dropped down negatively. The property deal registrations in the city has become a night mare to the property buyers. According to the recent realty data, Mumbai realty deals have dropped up by 20 percent dashing in huge loss to the city [...] Continue Reading »
Samira Habitats, a real estate developer based in Alibaug have to let go of an equity fund called IndiaReit owned by Ajay Piramal. The main reason for this exit is that the investment tenure of IndiaReit is over and has to be renewed again. The equity fund based company can only make an exit if [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) is busy hurrying up with the demolition drive in order to clear illegal encroachments from Gurgaon city. While on the other side the residents are giving out reactions in varied blends. As Haryana Urban Development Authority (HUDA) demolition drive commenced in the city, few of the residents encouraged the [...] Continue Reading »
Inspite of commuters lodging several complaints, Surat Municipal Corporation had least bothered to remove the dividers on the main roads. Not only this, however the bumpy roads are tarred, trees on the pavements are trimmed, roads are neat and clean. One will not get to see even a garbage dump on the city main roads. [...] Continue Reading »
Vadodara has come up with a new initiative of providing night shelters for the people living on the streets. The Vadodara Municipal Corporation (VMC) is heading this initiative and has planned to construct around 14 night shelters in the city. However, the residents residing at Harni and Waghodiya road have opposed as they feel that [...] Continue Reading »
