Developer
Criticizing Brihanmumbai Municipal Corporation (BMC) passing a proposal to chop down 481 tress for a housing project in Goregaon (E), BJP corporators have accused the civic administration of giving in to pressure from the developer and walked out of a general body meeting. The BJP has raised doubts over transplanted trees as a solution to [...] Continue Reading »
The Bombay High Court ordered Hiranandani to build affordable flats in Mumbai. Hiranandani has developed its township in suburban Powai, Mumbai which is known for its luxury. However, the High Court ordered the developer not to build any project unless they are affordable for the middle class people of the society. In follow up with [...] Continue Reading »
The World Spa residents in Gurgaon are fed up with the amenities and facilities provided at their flats. Finally, its after many years that the residents have got to know that the developer has used poor quality construction material. The World Spa residents are raising up arms against the developer for providing improper facilities in [...] Continue Reading »
The plot area rates at Gurgaon has been increased again bringing in panic to the residents of city. The residents are not worried about the rate hike! However, they are expecting the same facilities in return for the extra money paid. Therefore, Palam Vihar Residents Association (PVRA) have moved this case to Gurgaon court against [...] Continue Reading »
Housing Development & Infrastructure Ltd (HDIL), a renowned real estate developer is to sell a two acres plot in Andheri, Mumbai. The deal has been stuck at around Rs 300 crore between HDIL and another real estate group. This plot was already a part of the land on which its residential project Metropolis was being [...] 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 »
Everybody wants their share in Indian realty to do good! On one hand the developer feeds mafia and on the other hand the weaker sections wants their share too! With the prevalence of dull realty market, interference of all these concerns are ultimately pressuring the home or property buyers. If we take a look back, [...] Continue Reading »
Sobha Developers, a Bangalore based real estate developer is eyeing on more revenue in 2011-12. As per report, they are expecting a revenue of Rs 1,500 crore from their sales in the fiscal year 2011-12. The company has already sold 818,935 square feet in the fourth quarter of October- December 2011 at Rs 5,475 per [...] Continue Reading »
BPTP, a renowned real estate developer has bought Merrill Lynch’s stake in its Gurgaon property. The developer buys 49% of Merrill Lynch stake in the Gurgaon Crest office complex for Rs 180 crore. In 2007, Merrill Lynch had invested Rs 100 crore in the project. Even BPTP has its own office in the same complex. [...] Continue Reading »
Brigade Enterprises, a Bangalore based real estate developer has plans of raising Rs 150 crore from a private equity fund. The developer will raise the amount by discharging one of its commercial property in Whitefield. The project they are planning to discharge is Summit Brigade Metropolis having a built up area of 800000 square feet [...] Continue Reading »
