Jaipur
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
Rajasthan Public Works Department (PWD) Minister Yunus Khan has approved a project to build roads by using plastic waste and fly ash in Jaipur and Dausa districts, in order to save environment in an innovative way. An official release said last night, that a total of 24 roads – 19 in Jaipur and five in [...] Continue Reading »
Under its 60-day program, Rajasthan Housing Board (RHB) will launch 50 new housing schemes in 18 cities including Jaipur on Thursday. A senior RHB official said, along with old applicants, new applicants can also fill forms for the scheme, proposed to develop 2,634 independent plots, flats and duplex houses. The board will develop 704 flats [...] Continue Reading »
Jaipur Development Authority (JDA) plans to launch a mega housing scheme project soon near the Ajmer road. The plan is to develop houses on around 250 bigha land and will have 1,510 plots. The layout plan of the housing project has been approved in the project works committee meet on Tuesday. It is titled Anand [...] Continue Reading »
The joint venture real estate company of Dubai’s Emaar Properties and India’s own MGF Group is seriously considering the idea of what it calls an “iconic” building in India. The venture has since its launch in the country in 2005, remained focused on high-end residential and commercial properties (in the ratio of 9:1). The development activities of [...] Continue Reading »
Over the years, real estate has grown vastly in the prime cities of India such as Mumbai, Delhi-NCR, Chennai, Bangalore and Kolkata. The leading cities witnessed rapid growth with the wide-spreading industrialisation attracting massive population. After the tier-1 cities, now it’s time for the tier-2 and tier-3 cities to see significant pressures on their infrastructure [...] Continue Reading »
The prices of residential properties in prime cities of India in the Jan-March 2013 quarter have witnessed an upward trend, shows National Housing Bank (NHB) residential index (Residex). NHB Residex records the movement in prices of residential properties on a quarterly basis. NHB Residex presently covers property price data of 20 cities on a quarterly [...] Continue Reading »
Jaipur: The civic authorities of Jaipur are not bothered to inspect the quality of construction materials used by private developers in their projects, though they are given that responsibility, as per the building norms. The number of residential apartments in Jaipur is increasing rapidly. At present, there are around 20,000 apartments that are in construction [...] Continue Reading »
Jaipur: It has been revealed by an audit report that Jaipur Development Authority (JDA) has been favouring a few developers which has led the civic body to incur a loss of Rs 12 crore during land conversion, transfer and regularization. Now, the JDA has been charged by the audit report with wrongdoings such as charging [...] Continue Reading »
