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The Sector 37 flyover in Delhi NCR has become a play place for the commuters who take this route everyday. The new flyover is open and for everybody’s surprise it is closed the very next day. This open and close game is happening since few days due to pending construction and the commuters are annoyed. [...] Continue Reading »
The stiff target of project completion in Kolkata had been giving a headache to the developers. But the recent much talked about relaxation might provide some help to the realtors. The Mamata Banerjee government has taken this initiative and planned to give an ease of five years as against three years of project completion in [...] Continue Reading »
Around 40 acres of government land which stood illegal were being razed recently by Noida Authority. This was done to teach a lesson to encroachers who has been operating a commercial space on a residential plot. The properties razed were worth Rs 1000 crore situated in Sector 67. Come February 24 and the authority has [...] Continue Reading »
Residents of Sector 15-I, Gurgaon have a reason to make merry! A CNG station was proposed to be constructed on the land of Rose Garden, to which the residents had protested. A measure of half an acre of the garden’s land was to be used for the construction work. For this purpose, about 55 trees [...] Continue Reading »
Concerned over recent petition from Perambur residents over overflowing garbage, High Court has directed the authorities to do the needful. The problem was faced in Chennai Corporation Ward No.70 and was present for four months causing diseases. Many photographs and proofs were being sent by the petitioner to the Chennai Metropolitan Water Supply and Sewerage [...] Continue Reading »
Agni Property, a real estate development and property services group is going big with investments totalling $10 million in 2012. Helion Venture Capital and Foundation Capital, private equity firms have invested $ 4 million in the organization. Also, in a recent news, Agni Property announced its change of name to IndiaHomes. The main motive behind [...] Continue Reading »
Godrej Properties Ltd, a Mumbai based realty firm is eying on Mangalore real estate market for residential project. They have announced the launch of a project in Mangalore called Godrej Alpine. The 400 units project will be completed and handed over within 3 years as confirmed by the group. It will be located at Yeyyadi [...] Continue Reading »
Assotech, a real estate firm up north has raised a fortune by selling its stake in a Gurgaon project. It raised Rs 75 crore by selling 49% stake of its housing project in Gurgaon from Sun-Apollo India Real Estate Fund, a private equity firm. The revenue was raised as a plan to invest in a [...] Continue Reading »
The developers and builders find way to keep their rental spaces occupied! Wherein few of the builders have started letting out their mall spaces for office usage. It is well known that the realty market at present is not doing good. Therefore to balance the present critical realty environment, the developers in Bangalore and Mumbai [...] Continue Reading »
Can you just imagine a residential flat costing Rs 1.11 lakh per square feet? This is recorded as the highest deal in India under residential apartment sales. An apartment in Cuffe Parade’s Jolly Maker 1 in Mumbai city at 21st floor fetched Rs 29 crore. However, sometime ago the highest recorded apartment price was Rs [...] Continue Reading »
