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Real estate in smaller cities to get a boost

Real estate in smaller cities to get a boost
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 »

FICCI asks for change in the Land Acquisition Bill

FICCI asks for change in the Land Acquisition Bill
The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed concern over high rehabilitation and resettlement (R&R) cost to be incurred by industry in the proposed Land Acquisition Bill. FICCI has asked the government to make changes in the provision stating that current R&R provisions of the bill will put an unfavorable burden [...] Continue Reading »

Supertech director predicts that high rises will be for masses soon

Supertech director predicts that high rises will be for masses soon
As urbanisation is spreading at a fast pace in India, the pressure on land is ever increasing as availability of land is getting scarce. As a consequence, number of high-rise residential projects coming up in Noida, the NCR or elsewhere in the country is adding up. Mohit Arora, the Director of realtor Supertech Group, have [...] Continue Reading »

M3M buys DLF’s Gurgaon land for Rs 440 crore

M3M buys DLF’s Gurgaon land for Rs 440 crore
M3M, a real estate group acquired 28 acres of land from DLF in Gurgaon. DLF, one of the renowned developers in the country has sold it for Rs 440 crore. A total of Rs 1,100 crore will be invested in the project as stated by M3M Finance head. Out of Rs 1,100 crore, Rs 400 [...] Continue Reading »

DLF:Keep Private Land Deals out of Land Acquisition Bill

DLF:Keep Private Land Deals out of Land Acquisition Bill
Mr Rajeev Talwar, Group executive director of DLF said that distinction between Government land acquisition process, and free trade between willing buyers and sellers in private sector transaction, should be maintained. Any escalation in the land cost will be passed on to the consumers. To paint private property transactions between the willing buyer and seller [...] Continue Reading »



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