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The Bombay high court on Tuesday defended Maharashtra government’s stand and said they can’t be accused of gender bias nor can it be alleged that the police is acting in a high-handed manner. A division bench of justice DB Bhosale and justice UD Salvi said the court cannot stop the police from visiting bars at [...] Continue Reading »
Adani group foray into the Delhi-NCR developing two projects on separate parcels of land. The projects will cost 1,500 crore. Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi. Both developers will share costs and revenues equally. Towards the [...] Continue Reading »
Sahara India Real Estate Corporation sought some time to file recent documents and the Supreme Court on Monday adjourned the matter for a week. Meanwhile, the Allahabad High Court has dismissed the application filed by the Sahara Group firms to recall and restore its earlier order of April 7, 2011 vacating stay and allowed market [...] Continue Reading »
One of the pleasures of buying a property in Pune is the fact that home buyers have many more options than they did a decade ago. The city has expanded in all directions, turning far-flung locations into buzzing destinations with a slew of properties to suit all buyers’ needs and budgets. Accompanying this tremendous growth [...] Continue Reading »
Experts say those who did not get a flat in the recent DDA draw must explore options in the NCR. Realty experts say that those who did not get a flat in the recent DDA draw or all those who have not booked a DDA flat must think of the NCR now. The overall development [...] Continue Reading »
The state government amended Development Control (DC) rules in the city encouraging cluster redevelopment. Cluster development is developing an area comprising several buildings rather than individual structures. In a recent move, Maharashtra Chief Minister Prithviraj Chavan has asked state officials to work out a plan under which cluster development right can be auctioned to the [...] Continue Reading »
To reward the excellent performances in the Real estate industry, the premier Hindi Channel CNBC AWAAZ , CRISIL- India’s leading ratings company and CREDAI – The Confederation of Real Estate Developers’ Associations of India the apex body of private real estate developers in India have joined forces for Real Estate Awards 2010 – India’s Biggest [...] Continue Reading »
Urban development minister Kamal Nath addressing the 11th National Conference of Credai (Confederation of Real Estate Developers’ Association of India) in Singapore, admitted that the government has not responded to the tremendous growth in the real estate sector in the last one decade appropriately. Kamal Nath admitted that the government didn’t respond well to real [...] Continue Reading »
Sayaji Pune is planning to expand its operations with a sports and cultural club, restaurant, mall, convention and conference facilities and serviced apartments. On completion of two years in Pune, Sayaji Hotels is planning to invest Rs 100 crorein the city. “This expansion will be completed by September 2012 with a total investment of Rs100 [...] Continue Reading »
Real estate in India likely to rebound within two years, according to Macquarie Group. India’s real estate stocks have attractive valuations after plunging 83% from their peak and are likely to rebound within two years. The Bombay Stock Exchange’s 14-stock Realty Index has dropped from its peak in January 2008, while the benchmark Sensitive Index [...] Continue Reading »
