Housing
Realty firms 3C Company and Orris Infrastructure have announced joint development of a group housing project in Gurgaon. The project is named as ‘Greenopolis’ which will comprise of 2,317 housing units spreading across 47-acre. Orris Infrastructure would provide land, while development would be done by the 3C Company, which is known for green buildings. The [...] Continue Reading »
NCR Planning Board is all set to push the real estate prices in Greater Noida amid indications from developers that they would go for a price revision once the draft gets green signal the board. While the existing flat owners waiting for possession of properties remain unaffected, new buyers may have to pay at least [...] Continue Reading »
The Ministry of Defence alleged that the state government was trying to scuttle the probe into the Adarsh society scam,it questioned the CBI’s finding that the controversial land belongs to the state government. Major general Deepak Saxena, chief ofstaff for Maharashtra, Gujarat and Goa areas of the Indian Army, filed an application on behalf of [...] Continue Reading »
Realty giant DLF is all set to sell at least two out of the three non-core businesses as it plans to cut its Rs 23,000 crore debt to about Rs 17,000 crore in the current fiscal. DLF Group Executive Director Rajeev Talwar revealed that the group is all set to sell its luxury hospitality chain [...] Continue Reading »
In a recent report, Jones Lang LaSalle India (JLL) suggested that as compared to some major cities like Mumbai, NCR, Bangalore, Pune and Chennai, cities like Ahmedabad and Kolkata have an advantage due to high proximity of affordable housing projects to city center. At 15-20 km Ahmedabad and Kolkata offer the closest proximity to central [...] Continue Reading »
Edelweiss Housing, a branch of financial service provider Edelweiss Group, aims at taking its total loan-book size to Rs 6,000 crore by 2015, a top company official said. The firm has a loan book size of 900 crore and has set up its housing finance in 2010. Anil Kothuri, Edelweiss Housing Finance Executive Vice-President, told that the company started [...] Continue Reading »
Housing is one of the basic need of an individual and not all of them do have shelter for their survival. In India alone around 27 million units of housing has been traced to be in shortage. In depth maximum of the population who lack housing are the economically weaker sections and the middle class. [...] Continue Reading »
Affordable Home is looking no more affordable. It is surprising to know that 44% of the housing units having the price tag of less than Rs. 35 lakh are lying unsold in 7 main Urban areas of India – Delhi-NCR, Mumbai, Pune, Bangalore, Hyderabad, Kolkata and Chennai. What comes first to the mind is over [...] Continue Reading »
Stay in unauthorised colonies for another three years without fear! Recently, Parliament has given a sigh of relief to residents residing in unauthorised colonies and housing in Delhi for next three years till Dec, 2014. Rajya Sabha passed the special provisions bill under National Capital Territory of Delhi Laws. This relaxation has been given by [...] Continue Reading »
