Infrastructure development
Mumbai- Mumbai-based realtor, Disha Direct, has launched a premium Goan theme residential project at Alibaug, near Mumbai, with an initial investment of Rs 10 crore. The developer, which is mainly into second home business, has launched Cidade Vida which uncovers profitable investment. According to the developer, Alibaug was chosen to launch the project because it [...] Continue Reading »
Delhi/NCR- Although investment in flats have always been a favorite among the buyers, plots are not far behind. Buyers preferring to stay in independent homes with a garden and a patio are opting for plots rather than apartments. This is the right time for people who would like to invest in plots as there are suitable land [...] Continue Reading »
New Delhi- Over Rs 15,000 crore of several infrastructure development firms has been locked up in the ongoing highway projects as the concerned officials are not ready to approve excess cost for projects even though the costs are legitimate. All such additional payments made over extra works and costs, which are permitted during road construction works, has [...] Continue Reading »
Chennai- According to a report by Knight Frank, in next five years Medavakkam is expected to outscore other residential hubs with regard to real estate property. Medavakkam is among 13 top investment destinations to appreciate more than 90 percent. The survey has taken a number of things into consideration such as lifestyle change, job creation [...] Continue Reading »
The infrastructure development in Hyderabad has paved way for further improvement of the city in terms of commercial spaces. The decision makers are working on consolidating the requirements and the city is all set to get a major turnaround as the office market is in great demand. However, the office rentals will be increased in the coming months as [...] Continue Reading »
ASK Property Investment Advisors, the real estate private equity (PE) arm of diversified financial services company ASK Group, has invested Rs 100 crore in a Mumbai-based residential project in Mulund, being developed by Rajesh Builders. Raj Altezza Project will be completed in two phases and will occupy 400 units in total. The cost of the [...] Continue Reading »
The six-year-old real estate joint venture of Hyderabad-based Ramky Group, a well-known name in the field of waste management and infrastructure development, is planning to bring an additional Rs 70 crore into the ventures soon. The Ramky Group and Wavoo Realty, the two equal partners in the joint entity RWD (Ramky Wavoo Developers Pvt. Ltd.), [...] Continue Reading »
L&T Infrastructure Development Projects has signed the concession agreement with National Highways Authority of India (NHAI) to build-own-operate two road projects worth a total of Rs 4,800 crore. L&T IDPL signed agreements with the NHAI for both the projects which will have a concession period of 20 years, including a construction period of 30 months. [...] Continue Reading »
The delay in execution of the construction of an 18-km Kakrigumma-Laxmipur road that is part of Ranchi-Vijayawada corridor has become a nightmare for commuters in the district. Only 40% of the Rs 36-crore road project has been completed so far. The project started in February 2010 was supposed to be completed by February 2012. The [...] Continue Reading »
Unity Infraproject, a Mumbai based real estate builder has awarded Rs 142.32 crore project for the infrastructure development in the country. The group has received Rs 48.81 crore orders for the construction of concrete road and allied civil works in Navi Mumbai, which will be completed in 18 months. In another project the Unity group [...] Continue Reading »
