Indian real estate
The revenue taxes for the commercial, excise and motor vehicles departments have been hiked by the government. An additional Rs 6, 850 crore is to create from this three departments and further a sum of Rs 900 crore is expected from the stamps and registration department, and the total revenue to be mobilized will touch [...] Continue Reading »
The Government of Haryana is now looking forward to set up the Real Estate Regulatory Authority so that the real estate sector continues to boom and also to prevent the unscrupulous realtors from targeting the property buyers. According to sources, Gurgaon developers said that regulatory bill is a complicated long procedure. This new regulation will lengthen [...] Continue Reading »
Civitech, a leading realty developer, is launching its new project Civitech Sampriti. Sampriti is an exclusive residential complex in a pollution free environment with lush green surroundings. Civitech Sampriti offers 2, 3 and 4 BHK apartments with area ranges from 1135 sq ft – 2380 sq ft. The price range of the apartments is Rs. [...] Continue Reading »
Godrej Group, one of the big players in fast moving consumer goods and consumer durable sector, is now heavily investing in the real estate sector and they are expecting it to be their largest business in the next 10 years. The $3.2 billion Godrej Group chairman said that in past few years, the company has [...] Continue Reading »
Keeping in mind the assembly elections, the Congress will be using development as their trump card to win third time consecutively. Thinking about the winning strategy, the Congress government had already announced new infrastructure projects, which might get completed by the elections or towards the end of it. According to Mr. Rajkumar Chauhan, Public Works [...] Continue Reading »
Embassy property developments, a Bangalore based real estate company, is in talks with JP Morgan, a financial service group, to raise Rs 500 crore for two projects in the city. Embassy Group is planning to come up with a premium villa project and an IT-cum-residential development on Bellary Road. Recently, Embassy group had settled India’s [...] Continue Reading »
GM Infinite is an affordable luxury project by GM Infinite Dwelling that is unique in design and spacious. It is located near Yeshwantpur with hospitals, educational institutions, hotels, malls, restaurants and metro station to its proximity. The project is surrounded by greenery and all the apartments have international standard windows to provide ample lighting and [...] Continue Reading »
Due to an inordinate delay in a project in Sector 61 to 65, a group of home buyers have lodged a complaint with the Gurgaon Police against ABW Group. The buyers have paid between Rs 10 lakh and Rs 25 lakh after the project was introduced which was two and a half years ago. The [...] Continue Reading »
After the controversies, few projects and sluggish growth, the country’s largest real estate company, DLF, is now is looking forward for the new launches during 2013-2014. The company is planning pan-India residential projects, office and retail launches and the total development will be of 12-16 million sq ft in the coming year. After concluding the [...] Continue Reading »
The state telecom Mahanagar Telephone Nigam (MTNL) has mandated a consortium led by the global real advisory firm DTZ to unlock roughly Rs 5000 crore from the land holdings in Mumbai and Delhi. The company also said that the land can be given for sale, lease and redevelopment through public-private partnership as a part of [...] Continue Reading »
