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The Concast group from Kolkata will be launching their establishments in real estate and hospitality business soon! The Concast group will be developing luxury apartments and five-star boutique hotel at a two-acre plot off Eastern Bypass, eastern Kolkata. The possession towards establishing this project is already in the pipeline. Recently the group purchased two-acre land [...] Continue Reading »
Prestige Estates Projects Ltd who have made a remark in Indian realty sector will soon be expanding their business operations in retail. Prestige group will be investing about Rs300 crore in the retail venture along with store brand within a span of three months. These stores will be set up on few of the malls [...] Continue Reading »
Municipal Corporation of Delhi (MCD) has allocated budget for next fiscal year. The same budget was rejected before in a meeting of Standing Committee. The proposals in the budget may not be used as the civic body is being divided into three bodies in April. A sum of Rs two crore has been kept for [...] Continue Reading »
The Noida Authority recently conducted a survey through which the real estate came to the conclusion of having around 17 lakh square feet of land available for commercial purposes in Noida city. The project engineers came forward taking initiative of this survey to give a workable solution for the banking and nursing sectors. These sectors [...] Continue Reading »
Gujarat will soon be welcoming its first residential township in the outskirts of Surat. With the follow up of same, Surat Urban Development Authority (SUDA) has given an approval for the project at Kharwasa. Around 3,100 dwellings measuring around 4,06, 405 sq metres will soon be raised in the SUDA areas in Surat. This realty [...] Continue Reading »
Builders in Mumbai are a worried lot now over various issues. Maharashtra Chamber of Housing Industry (MCHI) met the state chief minister to reverse back the Ready Reckoner (RR) rates as it was in 2011. The builders also wanted a permanent solution for getting instant clearances for building projects. An abrupt increase of 46% in [...] Continue Reading »
Sobha Developers, a renowned realty group based in Bangalore has entered the Chennai real estate market with two projects. The projects titled, Sobha Merrita and Sobha Serene with a cost of over Rs 400 crore in Kelambakkam and Porur respectively. Sobha Merrita spread across six acres of land, cost around Rs 300 crore. It provides [...] Continue Reading »
The new Property Identity number (PID) to be issued in Bangalore has been delayed for time being. The delay is due to a fault in GIS-based base map system. BBMP had taken this initiative to issue new PID numbers before January 15 which will help in more revenue collection. Now, it looks it is impossible [...] Continue Reading »
A real estate sector who has 20 years track of residential and commercial sustained growth credit is owned by HM Constructions. HM realty construction company today is Bangalore’s one of the favorite builder in demand. Wherein they have expanded themselves in Bangalore city having provided apartment projects like; HM World City, HM Fort ST John, [...] Continue Reading »
Most of the residents in Mumbai are finding it difficult to cope up with the less parking spaces in the city. Areas from Cuffe Parade to CST lack much of parking lots even though this part of the city was one of the initial areas to be modelled and developed. The A- ward can accommodate [...] Continue Reading »
