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Alchemy Real Estate to Venture into Bengaluru Real Estate

Alchemy Real Estate to Venture into Bengaluru Real Estate
The107 year old Alembic Group of Companies based at Vadodara is planning to enter the Bengaluru market through its real-estate subsidiary Alchemy Real Estate by launching ‘Urban Forest’ – a luxury apartment project. Alchemy Real Estate, a branch of the Alembic Group of Companies announced its first project in Bengaluru on Friday which will be [...] Continue Reading »

REITs are investment trust operating income-producing real estate

REITs are investment trust operating income-producing real estate
REITs are investment trusts that own and, in most cases, even operate income-producing real estate. The trusts operate like mutual funds and invest in income-generating real estate assets like commercial realty, residential property, warehouses, hospitals, hotels and shopping centres So, while mutual funds invest in equities or bonds, REITs invest in real estate and make [...] Continue Reading »

New app and portal to help the travellers navigate through highways to be launched soon

New app and portal to help the travellers navigate through highways to be launched soon
The government is all set to launch a new app and portal that will help the travellers navigate through highways in a way that would be completely different from the types of applications that netizens currently use. Hence in future if we are on the highways and are lost, then we will have a help [...] Continue Reading »

20 per cent rise in rental values in Yerwada

20 per cent rise in rental values in Yerwada
In 2012 a 1,000 sq ft house which was available at Rs 13,000 for an average monthly rent has now increased its rent to approximate Rs 16,000 per month by the end of 2013.As per data one can estimate an increase of 20 percent in its value and the demand of the locality too. Yerwada [...] Continue Reading »

Olympia launches super-luxury villa project in Bangalore

Olympia launches super-luxury villa project in Bangalore
The Olympia group, well known for developing residential and commercial spaces in Chennai and Kolkata, has now launched a new project Enchante in Bangalore. This project has 26 Villas in more than 4.5 acre land and is located behind Forum Value Mall. Mr. Ajit Chordia, managing director, Olympia group, says that they believe Bangalore is [...] Continue Reading »

KUD launches a mega township in Pune

KUD launches a mega township in Pune
Kruti Kumar Jain, director, Kumar Urban Development said, “The Mega Township is aimed at catering to the employment catchment area of Kharadi and Hadpasar in Pune.” Jain said , the project offers a unique combination of luxury and affordability and the prices start at Rs 30 lakh.She added the project’s USP is its proximity to [...] Continue Reading »

COMMERCIAL SPACE in DEMAND IN PBDs

COMMERCIAL SPACE in DEMAND IN PBDs
Bangalore has always been an attractive destination for occupiers, but now, with its landlocked area, competitive rentals and infrastructure initiatives, the Peripheral Business Districts (PBDs) of Outer Ring Road (ORR) and Whitefield have been performing well and garnering some serious interests. More recently, north-east and north Bangalore have also come into prominence. Good connectivity and [...] Continue Reading »

Trading allowed in residential sectors in NOIDA

Trading allowed in residential sectors in NOIDA
Mixed land use policy has been approved in Noida by the authorities on Wednesday. Thus, allowing commercial activities in residential sectors. As per the proposal, the commercial activities will be allowed in residential areas where the width of roads is 24 meters or above. The activities like hospitals, banks, schools, ATM kiosks, Guest Houses and [...] Continue Reading »

Chandapura realty exhibits huge growth potential

Chandapura realty exhibits huge growth potential
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »

Sholinganallur witnesses growth in residential realty

Sholinganallur witnesses growth in residential realty
Chennai- Sholinganallur, a residential area in the outskirts of Chennai, which had been witnessing significant commercial development is now developing in terms of residential real estate too. The huge workforce that has been coming up for catering fast developing commercial segment, has now been pushing residential segment in the area. Sholinganallur has observed around 12 [...] Continue Reading »



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