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Ahmedabad is soon to get a new posh township project by the Godrej Properties, real estate branch of Godrej Group. The group has announced the project’s launch and also provided other details concerned with the project. The name of the project is Godrej Garden City (GGC) consisting of two towers. The towers will be 12 [...] Continue Reading »
Good news for residential societies in Mumbai who could not set its aim for redevelopment! There are many residential colonies in the major cities which could not go for redevelopment due to low affordability. Now, banks in Mumbai has taken up the charge to finance those projects in the city. It will be a good [...] Continue Reading »
The Britannia Industries, India’s largest biscuits and bakery company has unlocked their property value as Rs 150 crore. The corporate headquarters in Bangalore is spread across seven acres on the Old Airport road upto Whitefield. The main idea of Britannia Industries is not to sell the property instead to turn the assets to commercial and [...] Continue Reading »
Nowadays, development of projects are getting delayed because of many factors. It is not always builders’ fault! The factors may range from getting Government approvals on the property, hike in property prices and borrowing rates, unavailability of skilled and unskilled labourers and land acquisition from true owners, etc. The Real Estate Transparency Index 2011 showed [...] Continue Reading »
Many buyers and investors favour Pune compared to other major cities in case of real estate sector. The main reason is due to hike in property prices, rigid government procedure and less demand in other cities. According to a report presented by Liases and Foras, a real estate research firm, there has been a negative [...] Continue Reading »
This news might be quiet surprising but it is true. Maharashtra has bagged the third prize with respect to showing transparency in real estate deals. First rank went to Andhra Pradesh followed by Tamil Nadu. This report was decided according to Indian Real Estate Transparency Index 2011 and presented by group effort of Jones Lang [...] Continue Reading »
The CBI is waiting eagerly for Orissa High Court‘s nod to probe into the alleged land scam in Cuttack. It has been traced that government land mafia is rapidly increasing in Cuttack. To bring in more justice and transparency in the real estate transactions, a division bench of Justices has demanded clear property documents related [...] Continue Reading »
West Bengal Land Acquisition Laws Bill, 2011 was declared in the state assembly in between all the protests by the opposition. Even the CM of the state was not present for the declaration. The land bill presented is highly controversial for the ruling party. The opposition ministers protested the CM’s absence and asked reasons for [...] Continue Reading »
Being an era of social networking, the real estate biggies like; DLF, Parasvanath Prestige have started following Facebook (a social networking website) to promote their realty projects. On the launch of Capital Green Phase III in New Delhi, DLF created a Facebbok page, Regus, world’s largest provider of flexible workspaces have expanded their business with [...] Continue Reading »
Citrus Ventures, a realty firm comes in as a savior for the developers who failed to establish their realty projects successfully during this year, 2011. With huge amount of uncleared debts and lack of proper cash flow have paved way for the developers to drop the construction projects halfway! Now, Citrus Ventures has already taken [...] Continue Reading »
