Indian real estate
Karnataka government may offer incentives for projects outside Bangalore (Tier II and Tier III cities) in order to take the pressure off Bangalore, which is considered the most preferred location for investment purposes. With an intend to promote healthy and balanced regional development of the state, Karnataka government aims to offer incentives for investors putting up industrial [...] Continue Reading »
The Avenue is a stunning collection of Boutique Residences, individually-designed to achieve the highest standard of living, strategically located in the heart of Whitefield. The apartments are designed in accord with the cosmopolitan lifestyle of the modern family. This high-tech apartment project consists of 48 flats measuring 3019 sq ft – 3715 sq ft. The [...] Continue Reading »
East Ville, a reputed project by Zahid’s Properties and Estates, is located on Ashoka Road, Bangalore in the midst of green heartland and a luxurious neighbourhood. The project is close to the city’s prominent centers and the airport. It comprises of well composed 3 BHK apartments with 2500 sq ft built up area. It promises to [...] Continue Reading »
The UP government is to sign the state support agreement (SSA) with the center for a multi-crore Delhi Mumbai Industrial Corridor (DMIC) project in a three day international summit in Agra. Anil kumar Gupta, UP’s infrastructure and industrial development commissioner declared that the agreement will be signed by the state government and Union Ministry of [...] Continue Reading »
The biggest real estate developer, DLF was suggested by Competition Commission of India (CCI) to modify the apartments buyer’s agreement of Belaire project along with its two other projects, Park Plaza and Magnolia. The whole modification to the apartment buyers agreement takes place by following a direction from the Competition Appellate Tribunal ( COMPAT) which [...] Continue Reading »
In coming months, HDFC property funds may sell its stake in three residential projects back to the developers. HDFC property fund is a real estate-focused private equity (PE) fund of HDFC. With an investment of around Rs 219 crores($40 million), the company will have profit of around Rs 600 crore ($110 million). The three developers include Lodha [...] Continue Reading »
Real estate market is in great demand among the NRIs as they are keen in investing in properties in the homeland. As per the statistics, in the year of 2012, around 40% enquiries related to Delhi’s real estate was from the NRIs. NRIs are also looking into investing in commercial properties along with residential properties. [...] Continue Reading »
In 2013, the real estate sector is to witness transformation. Real estate (Regulation and Development) Bill which was pending since 2009 is expected to come up in the budget session of parliament in February. The Bill will empower consumers and enforce discipline among property developers and it proposes to set up an industry regulator along the lines [...] Continue Reading »
Developers are expecting a positive future for the real estate sector this year with the government’s plan to give the sector favourable policies and industry status. The real estate sector has eagerly been waiting for the industry status. However, there is an increased demand for the industry status because of the growing demand with limited funds, less [...] Continue Reading »
Delhi NCR is not only rising in residential projects but it has emerged as a hot property place for IT and IT-enabled services industry with many large companies setting up their businesses here. Noida and Gurgaon are becoming the hot and preferred destination for companies like IT’s, BPO, BTO and KPO services in various domains [...] Continue Reading »
