Indian real estate
As Gurgaon is booming steadily upwards in terms of real estate prices, various companies and industrialists are looking for investing in other options beyond the National Capital Region (NCR). As a result, Dharuhera, Bawal and Jhajjar in Haryana are emerging as alternative real estate destinations. The latest real estate destination is ‘Jhajjar’ in Haryana district. [...] Continue Reading »
After the meeting with the group of Central ministers, the draft land acquisition bill for which the farmers protested against was called off. Government allowed to form a committee to look after the demand of the farmers demonstrating in Delhi since long time under the banner of Kishan Khel Mazdoor Mahapanchayat with a definite timelines. [...] Continue Reading »
The estimated amount of Delhi’s gross domestic product (GDP) is Rs 3.65 lakh. Among which services sector, including real estate, hotels, restaurants, banking, insurance, wholesale and retail trade, contributed a whopping Rs 2.98 lakh crore. Despite the slowdown in the economy, the service sector sustained its position as prime driver of the city’s economy. As [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) took over the water supply service from public health engineering department (PHED). MCG will provide the water supply service from April 1 to all of old Gurgaon. Recently, the PHED and MCG had a meeting regarding this to fine-tune and discuss the process of takeover. The water supply service [...] Continue Reading »
A three-day international conference and exhibition took place in Delhi on ”Good Governance” regarding the challenges of rapid urbanization and expanding cities in order to provide enough space for the rapidly increasing population. The seminar was attended by many stakeholders and city developers from across the world. They shared their views on ways to build [...] Continue Reading »
Trump Organisation, a major US based real estate developer, is planning to expand in the Indian cities like Mumbai and NCR. The company is in talks with developers based at Mumbai and NCR for launching two luxury housing projects under their brand. The group has already entered Indian real estate market with a luxury residential [...] Continue Reading »
Assotech Group has launched its latest project “Assotech Blith” which offers high end apartments and signature villas. The project is located on Dwarka expressway at Sec-99, Gurgaon and it has great connectivity to the city. Sample apartments are ready for the buyers to come and have a check. The best part of this project is [...] Continue Reading »
Among all the regions under National Capital Region (NCR), Gurgaon is witnessing fast growth in terms of real estate sector, and particularly it is growing in the luxury housing sector. Although most of the builders are launching high end luxury projects as they have always been in demand, nowadays, the demand for mid-segment luxury projects [...] Continue Reading »
Private equity (PE) investments in real estate are showing an uptrend in recent times despite the slump in real estate in India. As per Real Estate Investment Market Report by consultant Cushman and Wakefield, the trend in investments has rose to 7 percent in 2012 resulting in Rs 6,200 crore. Most of the investments were made in ready income generating [...] Continue Reading »
TDI Infrastructure is developing a group housing project in Delhi NCR which is being funded by Kotak Realty Fund. This is the first investment by the private equity firm in a project by TDI. The housing project is spread across 29 acres area. It is a part of a larger 1,200 acre township in Kundli. [...] Continue Reading »
