Construction projects
The delay in approvals for construction projects has annoyed the builders across India so much that they have decided to stage a protest. The president of confederation of real estate developers association of India (CREDAI) say that a day long strike has been planned if the demands are not met. Also, it has been observed [...] Continue Reading »
Unity Infraprojects will work on the development of NHAI roads. They will construct and operate in the Suratgarh-Sriganganagar section of NH-15. The other development work will be done in Punjab/ Haryana Border-Jind section of NH- 71. With these two projects the real estate in Gurgaon region will become more attractive to the buyers. The estimated [...] Continue Reading »
At last the construction of the new bridge at Kollam will start soon. The state government and the construction company finally settled the tender amount. The lane required for the construction of the approach road has been acquired. The state has approved the payment amount as demanded by the landowners. The Central Road Fund also [...] Continue Reading »
The delay in construction projects is doing nothing but burdening the property buyers who end up paying lakhs extra by the time they get possession of their flats booked! Whereas the developer will hardly pay Rs 5-10 per square feet as penalty! This is not bringing in any justice to the property buyers as the [...] Continue Reading »
Delay! Delay in construction projects! All you can hear from the metro cities is the delay in construction projects from all over India. Yes, it’s not a news just for the sake of it. However, the housing projects are getting delayed in a very large number which is intern taking Indian real estate into a [...] Continue Reading »
The construction projects in Noida extension is kept pending due to delay in Greater Noida Master Plan 2021. The home buyers and developers are worried about the fluctuating property rates. Therefore the Noida extension home buyers have written to NCR Planning Board to complete 2021 project at the earliest. Noida Extension Flat Buyers’ Welfare Association [...] Continue Reading »
Citrus Ventures, a realty firm comes in as a savior for the developers who failed to establish their realty projects successfully during this year, 2011. With huge amount of uncleared debts and lack of proper cash flow have paved way for the developers to drop the construction projects halfway! Now, Citrus Ventures has already taken [...] Continue Reading »
The realty sector in Gujarat is facing a downfall with the steady price raise of construction material and shortage of skilled labour. Experts say that the construction projects across Gujarat are getting either delayed, cancelled or stalled from past a week. Same is the scenario faced by real estate markets in cities like; Vadodara, Surat, [...] Continue Reading »
Beyond the year 2012 there won’t be new big malls in Mumbai city. The expansion of huge malls will be paused with the upcoming new construction projects in next one year. The experts feel that the real estate situation is going ironic as the Indian builders are more open to the construction of malls and [...] Continue Reading »
Indian real estate has been witnessing investment from various private equity firms all across the globe. Similarly AIG Global Real Estate, a New York-based Private Equity firm (PE) had invested around 200 million dollar that will come upto Rs.1,000 crores comprising of five different construction projects in India. Previous year AIG Global Real Estate had [...] Continue Reading »
