Uncategorized
Almost every quarter Indian realty companies have no other go but to pledge more shares in a bid to raise their liquidity. Hike in property prices combined with high interest rates seems to be giving tough fight in share investments. According to the research conducted by ICICI direct, the percentage of real estate promoters in [...] Continue Reading »
New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for! Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees. Failing badly to pay this amount [...] Continue Reading »
Rs-320 crore property deal for one-storey bungalow owned by Jindal’s Windsor Residency on Carmichael Road in Mumbai fell down drastically. It has been learnt that Ajay Mittal of Arshiya International who was in a pace of buying Jindal’s property felt that the price offered was higher than the current market value. However, when media contacted [...] Continue Reading »
Today foreign direct investments (FDI) has increased the value of land which is resulting in the properties being un-affordable. In a city like Mumbai, if at all there is real estate talks happening, its all about price correction in the properties. Despite poor sales and falling property registration numbers, there is no idea as to [...] Continue Reading »
India is turning rich as the days are progressing. To prove the same Alexandria Real Estate Equities is all set and ready to invest 1 billion dollar in India. For now, Alexandria is looking at tier-2 cities in India. Alexandria has now planned to tie up with major hospitals in India. Also it has been [...] Continue Reading »
State expert appraisal committee (SEAC) has been delaying green clearances and this has brought a down feel in the Maharashtra Chamber of Housing Industry (MCHI), Mumbai. Therefore MCHI has put up the issue in front of the Union environment minister Jayanti Natrajan to get the case solved. The discussion of same issue happened at the [...] Continue Reading »
Emami Group claimed to have spent more than Rs 200 crore in Chennai, Kolkata, Hyderabad, Coimbatore and Jhansi to develop residential and commercial complexes in large scale. Emami chairman say that they are hurrying to lap up huge construction projects in order to close the present land deals by end of 2012. Also they [...] Continue Reading »
As do pizzas have quick delivery methods following up, same is the scenario with building constructions today. Doesn’t it sound different? Yes, to achieve quick and timely delivery, developers in India have taken over new construction methods. Building construction today has become competition among the builders to complete the floors of a building as quickly [...] Continue Reading »
Poor civic works in Chennai city is reflecting Chennai Corporation’s lack of planning. Un-necessarily funds are being released for the road construction and road repairs. Chennai Corporation officials themselves claim that only 1 percent of the project for a new roads is sufficient, however they still spend around Rs 100 crores to repair and relay roads. [...] Continue Reading »
Bhubaneswar city gets more traffic police units to ease traffic burdens. One of its kinds was recently set up at Chandrasekharpur police station. The new traffic police unit will be headed by a senior inspector and 30 junior police staffs. Commissioner of traffic police says that it had become a major task to handle traffic [...] Continue Reading »
