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Rural housing scheme to be re-launched soon

Rural housing scheme to be re-launched soon
The government is planning to re-launch the 30-yearold rural housing scheme. This is expected to expand the reach of the scheme. It is expected to be re-launched as a national mission with a target to build 3.2 crore pucca (brick and mortar) houses for the poor over the next eight years. The move is in [...] Continue Reading »

2014 housing scheme to be launched by DDA

2014 housing scheme to be launched by DDA
If you have a hope to get a home in the NCR region then this looks like to be your day as it offers you a great reason to enjoy. The Delhi Development Authority or the DDA has expected to launch the much awaited 2014 housing scheme on the 15th of August as sources in [...] Continue Reading »

Property show to be organized by CREDAI

Property show to be organized by CREDAI
This year, the exhibition is being organised on national and international level. will be organising ‘Property Show 2014‘ from May 23 to May 25 at Dongre Vasatigruha will be organised by The Confederation of Real Estate Developers’ Association of India (CREDAI). “This exhibition will have information about properties ranging from Rs 15 lakh to Rs [...] Continue Reading »

Sumit Jain talks about CommonFloor’s first acquisition – Flat.to

Sumit Jain talks about CommonFloor’s first acquisition – Flat.to
In a recent interview with StartupCentral, CommonFloor CEO Sumit Jain talked about Flat.to — the property listings platform which CommonFloor acquired last week. Flat.to is a property listings platform which focuses primarily on students and single professionals; and its acquisition marks the first takeover for the 2007-founded CommonFloor. With CommonFloor – co-founded by Sumit Jain, [...] Continue Reading »

CommonFloor acquires site Flat.to

CommonFloor acquires site Flat.to
A website that helps students and bachelors find accommodation, Flat.to, has been acquired by Real-estate portal CommonFloor. The deal signals growing consolidation in India’s consumer internet industry. The deal was finalised last week and includes both cash and stock components. Sumit Jain, cofounder of CommonFloor declined to share the financial details of the transaction. He [...] Continue Reading »

Bombay HC asks HDIL to hand over possession of Kurla’s Premier Residency flats

Bombay HC asks HDIL to hand over possession of Kurla’s Premier Residency flats
Housing Development & Infrastructure Ltd has been asked by the High Court to consider handing over possession of ready flats at its Premier Residency project at Kurla in Mumbai. The Bombay high Court suggested that the lawyers representing the developer and home buyers should try for an out of-court settlement. Aejaz Saiyed, who has bought [...] Continue Reading »

Godrej Properties shares increased by 3%

Godrej Properties shares increased by 3%
The stock of Godrej Properties was up 3 percent At Rs 197 after the group has partnership with the SSPDL Green Acres LLP to build a residential project at Padur, Old Mahabalipuram Road (OMR), near Siruseri IT Park, in Chennai. The project is located over the area of 7 acres and provides nearly 93,000 sq [...] Continue Reading »

Satya Group offers luxury apartments on Dwarka Exp

Satya Group offers luxury apartments on Dwarka Exp
Satya Group which is Delhi-NCR based real estate developer is coming up with its new premium residential apartments christened Platina on the Dwarka Expressway. This project is located in Sector 103, Gurgaon and surrounded by residential complexes and business hubs and is close to Indira Gandhi international airport. The cost of project is Rs 60 [...] Continue Reading »

Nirmaan is planning up with phase 2 of Aadvik project

Nirmaan is planning up with phase 2 of Aadvik project
RV Nirmaan is planning a new block at its RV Aadvik project near Kompally which is located in the north of Hyderabad. In this project they are planning to develop 65 units and promises to complete in 18 months. This project consists of two BHK units ranging from 1,050 sq ft to 1,250 sq ft [...] Continue Reading »

Bombay HC rejects CM’s discretionary housing quota

Bombay HC rejects CM’s discretionary housing quota
The Bombay High Court rejected Maharashtra Chief Minister’s discretionary housing quota citing that the allotments of flats in this quota were illegal. The court added all the policies of the state government regarding this quota are not up to the mark. The court stopped the state government from allotting the 2 percent of the Maharashtra [...] Continue Reading »



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