Projects
The Ajay Piramal group is close to finalising transactions to purchase controlling stakes in six road assets spread across the country. This move is expected to inject life blood into the stressed road sector and boost infrastructure development in a big way. The real estate to financial services group has signed non-binding preliminary term sheets [...] Continue Reading »
In Bangalore, a new residential project – called ‘Samrudhi Rhythm’ – has been announced by real estate promoter Samrudhi Realty. The project is located strategically off Hennur road; and boasts convenient connectivity with all key destinations of the city. Aimed at mid-segment buyers, the Samrudhi Rhythm will offer a total of 200 apartments, which the [...] Continue Reading »
The annual audit and inspection report for the financial year 2013-14 has revealed that the Greater Mohali Area Development Authority (GMADA) failed to ensure that residential projects of private builders had affordable housing for economically weaker sections (EWS) of the society. Drawing attention to the evident lapse on the part of GMADA to ensure affordable [...] Continue Reading »
Minister for Environment Thiruvanchour Radhakrishnan told the Kerala Assembly on Wednesday that the DLF Realtors issue – involving the company’s alleged violation of Coastal Regulation Act – will be investigated by a three-member expert committee. The alleged violation by DLF is linked to the company’s residential complex at Chilavanoor river banks in Kochi. During the [...] Continue Reading »
It seems the struggling real estate sector is picking up as there is a ripple among the developers to launch new residential projects in Kolkata. A consortium of three Kolkata-based developers, Sureka Group, Merlin Group and JB Group, has acquired 100 % stake in Keppel Magus Development Pvt Ltd’s project. This acquisition was made on [...] Continue Reading »
Renowned realty developers Aakriti Group have launched their new residential project in Bhopal — ‘Aakriti Aquacity Mansarovar.’ The project is located at Bhopal bypass, Hoshangabad Road, Bhopal; and will offer residential units which will be ‘Oxygen-rich bungalows.’ Aakriti Aquacity Mansarovar project coming up across the ‘Ghunsi’ seasonal river, the project boasts abundance of greenery, both [...] Continue Reading »
Kotak Realty Fund has made its very first investment from its latest offshore fund of $392 million, in a residential project being developed by Mumbai-based realty firm Nirmal Group. The project is in the early stages, with construction work not underway yet, in suburban Mulund. Kotak Realty Fund has chosen the structured finance route – [...] Continue Reading »
A sparkling new residential project – called Avalon Regal Court – has recently been launched by realty firm Avalon Group in Bhiwadi. The project is prominently located on Alwar bypass road, Bhiwadi. The new Avalon Regal Court residential project sprawls over an expansive land area of 13 acres. The apartments which are the core components [...] Continue Reading »
The progress of the six-laning project of the Panipat-Jalandhar National Highway was reviewed by the Krishan Pal Gurjar – Minister of State for Road Transport, Highways and Shipping – on Wednesday. While reviewing the Panipat-Jalandhar NH project, Gurjar told the officials of the National Highway Authority of India (NHAI) that the project should be completed [...] Continue Reading »
A luxury residential project has been launched by the Sobha Developers in Bangalore. The name of this project shall be called Sobha Valley View. It is found in the heart of Bangalore, in a residential community that is old. JC Sharma who happens to be the vice chairman of Sobha Developers has recently said that [...] Continue Reading »
