Developer
Housing Development and Infrastructure Limited (HDIL), a leading developer recently sold a 15.5-acre at a loss of around Rs. 42 crores. This plot was bought from B M Khaitan group for Rs 115 crore and was sold with a deal of Rs. 29 crore less than purchased amount. This land dealing has surprised all the [...] Continue Reading »
Patel Nagar in west Delhi, is all set to welcome Raheja Phoenix the city’s first tallest building. Raheja Phoenix, a residential project is walled city’s first skyscraper providing best of best elite’s in residential preferences. Even though it is early to estimate the success of this project, Delhi known for its huge bungalows has, left [...] Continue Reading »
Real Estate developers will have to be extra careful now while selling a property with the implementations of the new ordinances by the Real Estate Authority. Real Estate Authority has proposed that if a property is sold without registering than the seller may land up being incarcerated or have to pay a hefty fine. The [...] Continue Reading »
Realtors in Kolkata will not hold any political party position. The jibe was made by Chief minister Mamata Banerjee in a special party session at Netaji Indoor Stadium recently. She said that Trinamool Congress does not support any developer or person associated with the realty market to join party. According to her such individuals generally [...] Continue Reading »
Noida authority in Noida sprang into action after repeated complaints emerged from public due to the inconvenience caused by these encroachments in the market areas. the Noida Authority has decided that they would serve notices to shopkeepers and vendors that encroach space in the market area. Noida Authority chairperson Balwindar Kumar made spot-check of the [...] Continue Reading »
Residents in Mumbai has taken it on their hands to protect the greens of their community. It was apparent after residents of Lalbaag came out in huge numbers to protect the tree in Dr Babasaheb Ambedkar Road after the Brihanmumbai Municipal Corporation (BMC) had planned to cut a tree on that road. The residents were [...] Continue Reading »
Cordcon Builders Pvt Ltd will have to pay the amount to one of its residents, Anant Shirotiya as reimbursement for the money he spent on repairing the damage and the mental agony he suffered due to the leakage. In March 2002, Shirotiya booked a flat in Cordcon’s high rise, Sagar City. Shirotiya noticed dampness in [...] Continue Reading »
The common man may think he is the most vulnerable in the corruption chain. But Mumbai’s construction industry-although one of the most powerful and influential lobbies around-is one of the worst affected by the cancer. The city’s builders are not exactly pillars of rectitude, but even those among them who do not deviate from rules [...] Continue Reading »
The Byculla plot is occupied by 11 dilapidated municipal tenanted buildings constructed after 1940 with 278 tenants of Bombay Municipal Corporation (BMC) as well as 162 slumdwellers. BMC has decided to call for public bids to benefit tenants as well as boost its coffers while developing its property at Saat Rasta, Byculla, the Bombay High [...] Continue Reading »
