Infrastructure
As per “Real Estate 2020: Building the future”, a new report from PwC Mumbai, the rapid urbanization and demographic changes, especially within emerging markets, will lead to substantial growth in the real estate investment industry over the next six years. It also said that with the growth of industry’s opportunities, the assets invested into the sector will also [...] Continue Reading »
Touted as one of the important achievements of the United Progressive Alliance (UPA) government, the new land-acquisition law that came into force this January is turning into a major obstacle in the way of a key infrastructure project being pushed keenly by the Prime Minister’s Office. Officials said that with a sharp increase in the [...] Continue Reading »
Noida, Greater Noida and Yamuna industrial development authorities are set to present their annual budget on Wednesday. The Noida authority allotted a total budget of Rs 9,200 crore for the year 2014-15, according to sources. More than Rs 3,000 crore could be allocated by Yamuna Expressway Industrial Development Authority (YEIDA) and Greater Noida is likely [...] Continue Reading »
Delhi- In order to promote low-cost housing projects, the government is planning to allow foreign direct investment (FDI) in such projects, subject to a host of conditions, including a lock-in period and minimum capital requirements. At present, FDI is banned in the real estate business but 100 percent FDIis allowed in the construction development projects [...] Continue Reading »
Mumbai- The small town named Shahpur, located 45 km away from Thane, has become the hot spot for property investors. The key reasons attracting large number of investors are the maximized returns on investments from the plotted developments in the locality. The plots in the area with a size of 1,200 to 3,600 sq ft at [...] Continue Reading »
Bangalore- Karnataka Chief Minister Jagadish Shettar has directed the Bangalore Development Authority (BDA) to allot sites to applicants only if infrastructure facilities have been created in the layouts. Half of the work on providing basic facilities has been done in the BDA’s newly formed layouts. The remaining work has been planned to be completed by [...] Continue Reading »
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »
Chennai- Sholinganallur, a residential area in the outskirts of Chennai, which had been witnessing significant commercial development is now developing in terms of residential real estate too. The huge workforce that has been coming up for catering fast developing commercial segment, has now been pushing residential segment in the area. Sholinganallur has observed around 12 [...] Continue Reading »
Kotak Securities (KS), the stock broking and distribution arm of the Kotak Mahindra Group, reports that demand for cement would grow by 8 percent during FY13 and due to slow growth of capacity additions, capacity utilizations would be improving further. The research firm states that being driven by festive season, labor scarcity and also non-availability of [...] Continue Reading »
Hyderabad- Renowned Bangalore-based developer Salarpuria Sattva has announced the launch of “Necklace Pride”, a mixed-use development project in Necklace Road, Hyderabad. Following the completion of the Cyber Garden project in Hitec City, the company is launching this project, said Bijay Agarwal, Managing Director of Sattva Group. Being spread across 8.5 acres in the centre of [...] Continue Reading »
