affordable housing project
The government of India has planned to set up committee to evolve a workable strategy for reducing the time taken in approval of real estate projects in India. According to builders association, faster approval process can reduce the cost of any project between the range of 20 to 40 percent. The minister of housing and [...] Continue Reading »
Tata Housing Development Company Ltd, announced the list of the beneficiaries of their affordable housing project near Ahmedabad. The company has declared the 950 winners of the first phase of “Shubh Griha” project through a lucky draw. Subha Griha is a mega integrated sustainable green township, spread across 135 acres in Ahmedabad. The project received [...] Continue Reading »
The builders and contractors in Jaipur are struggling to continue the construction work as the supply of sand has been stopped in the area. Due to non availability of sand, the labours also don’t have any work. And the builders will not be able to hold back the labours without providing them any work. The [...] Continue Reading »
Sunteck Realty has closed the best deal ever for their real estate projects in Gurgaon. They procure a 16 acre land with optimum price of Rs 300 Crore. According to the company higher official, Suntech took the advantage of slowdown of the market scenario and closed the best deal for their future project. Their plan [...] Continue Reading »
Property sales has witnessed a quiet all time low in the couple of years. Yet in this scenario, affordable homes also did not do any magic on the buyers’ buying spree. Hike in property prices and higher interest rates can not be blamed alone. There are other reasons like difference in buyer preferences or high [...] Continue Reading »
M3M, a real estate group acquired 28 acres of land from DLF in Gurgaon. DLF, one of the renowned developers in the country has sold it for Rs 440 crore. A total of Rs 1,100 crore will be invested in the project as stated by M3M Finance head. Out of Rs 1,100 crore, Rs 400 [...] Continue Reading »
Real estate developers in Ahmedabad are building dwelling units of smaller size to make them affordable. The size of 3 and 4-BHK apartments reduced by around 40% to keep their prices down. The trend of smaller dwelling units started 3-4 years back but now it seems to have become the norm in the city’s construction [...] Continue Reading »
Rakindo Developers Pvt Ltd, India’s first real estate master planner and developer, to invest about Rs 300-400 crore in this fiscal (2011-2012) across various real estate developments in Coimbatore. The funds will be generated mainly through internal accruals and customer advances. The investment entails the development of a golf course, a golf academy, a sports [...] Continue Reading »
