Apartments
After the failure of various schemes like Ashraya Yojana and Rajiva Awas Yojana, the government is planning to build apartments for poor instead of independent houses which occupy more space. The government is planning to accommodate 2,000 to 3,000 citizens in each apartment complex. The Hubli-Dharwad Urban Development Authority (HDUDA), HDMC and the slum board [...] Continue Reading »
The flat owners association and civil society organisations accused the builders’ lobby for inducing confusion among flat owners about payment of value added tax (VAT), through social advertisements. Confederation of Real Estate Developers’ Associations of India (CREDAI) has published advertisement about collection of VAT. As soon as the advertisement was out, the local builders sent [...] Continue Reading »
Experts expect that the new supply in Mumbai realty market could lessen by 20-30% than the prevailing rates as the market has been ravaged with high prices. Around 200 new projects are coming up in June – September and it is estimated that it will launch in cheaper rates. According to a real estate analyst, [...] Continue Reading »
Tellapur, in western Hyderabad, offers large number of 2-3BHK apartments with the price range of Rs 30-60 lakhs respectively. It is situated on NH 9 ( the bombay highway) and joined with the outer ring road. The proposed 400 acre mega township at Tellapur Technocity was not completed on time due to which few pockets [...] Continue Reading »
Puravankara Projects Ltd, a Bangalore-based real estate company, has launched a premium project. Purva Whitehall, a Rs 300-crore ultra premium segment project is located on Sarjapur main road in Bangalore. The Purva Whitehall is a four lakh square feet project comprising of 192 units, including three and four bedroom apartments ranging from 1,867 sq feet [...] Continue Reading »
Venture fund Fulcrum Venture India has exited from real estate firm Casa Grande. Fulcrum got back return of over 10 times as they had invested Rs 4.8 crore in FY 2004 and have exited at Rs 50 crore. Chennai-based Casa Grande was launched in 2004 by M Arun Kumar and KR Anerudan. It builds luxury [...] Continue Reading »
Chennai-based VGN Developers has tied up with a foreign private equity fund, Pragnya PE Fund to launch a residential project in Chennai. Both entities have floated VGN Pragnya Realty Pvt Ltd to develop a 5.6-acre residential project, VGN Hazel, near Poonamallee, a suburb about 25 km to the west of Chennai. The residential project will [...] Continue Reading »
Established in 2007, i1 Groups commenced its operations with a group plot of developers. The group made a strategic shift into constructions of villas and apartments and has created a niche for themselves in Bangalore real estate market. With a skilled team of engineers, architects, market grouping professionals, finance and legal personnels, i1 Properties have [...] Continue Reading »
The Salarpuria Sattva Group has become a known name in real estate industry. It has diversified its operations based in Bangaloreand is well known for its Tech Parks, Office Space, Premium residential buildings and Upmarket Commercial Complexes. The parent organisation, Salarpuria Group was established in 1985 by Late Shri G. D. Salarpuria in Kolkata. This [...] Continue Reading »
Salarpuria Greenage is a residential project that offers every relevant amenities a family need. Located near the Hosur Road, Bangalore, it spreads across 21 acres and offers 2/3 BHK Luxury Apartments. Developed by Salarpuria Sattva Group, it is conceived as a private, gated, urban community with secluded sitting areas. tea gardens, well-appointed rooms for guests [...] Continue Reading »
