Amritsar
The local Bench of the Debt Recovery Tribunal (DRT) has directed the Centre and the Punjab Government to take action against officers involved in real estate business. Delivering a judgement in the Sherwood Officers Society case in which the Punjab National Bank is the complainant, the tribunal indicted the officers for obstructing the process initiated [...] Continue Reading »
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »
This festival season developers are planning to attract property buyers with special discounts and freebies. Several developers are rolling out special offers ahead of Diwali in metros and also in tier II cities such as Amritsar. SARE Homes and Impact Projects organized a two day Home Carnival or ‘Gharotsav’ on 3rd and 4th November 2012 [...] Continue Reading »
Malls are witnessing increased footfalls during the festive season. In cities like Ahmedabad and Amritsar the mall developers are eager to cash on the festival spirit of the consumers. In malls like AlphaOne, present in both Ahmedabad and Amritsar,this festive season has brought in very good footfalls and the consumer spending has increased since the [...] Continue Reading »
FDI-backed real estate firm Alpha G Corp, is looking to set up an integrated housing project on the outskirts of Ahmedabad. The company already owns and manages the Alpha One mall at Vastrapur. Alpha G has already launched three township projects, one each at Fatehbad, Karnal and Amritsar. The company is looking at the real [...] Continue Reading »
Tata Group, which is currently building a shopping mall in Amritsar, plans to take its Trillium mall brand nationwide in order to outfit in the country’s beneficial modern retail sector. The 700,000 sq ft mall will be ready by the end of this year or by early next year. The company has three more malls [...] Continue Reading »
The deputy chief minister of Punjab has told the respective department for the construction of six major national highway projects, to complete them in stipulated time. The construction cost of the Amritsar-Sri Ganga Nagar road is estimated at Rs. 3000 crore, and the cost of construction of Patiala-Bathinda four-laned road is estimated at Rs 2007 [...] Continue Reading »
