Mumbai
Looking for high-class custom made luxury holiday villa in Goa, then this is a best time for the booking. For those looking for an A-class lifestyle, leading Indian real estate developer EMGEE Group with celebrity designers like Sussanne Roshan, Gauri Khan and Martin Waller of Andrew Martin (UK) fame on board are trying hard to [...] Continue Reading »
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 »
The Tata Housing says that they were planning to invest Rs 700 crore to develop a new residential housing project in Chennai The planning to construct 1,600 flats in this project which is spread over 15 acres. The Tata Housing says that its subsidiary Tata Value Homes would develop this affordable housing project under the [...] Continue Reading »
After the country’s coming elections that will lead to a new wave of infrastructure development, Chairman of the Tata Group, Cyrus Mistry, is scheduling to spend at least $8 billion in building roads, airports and housing, betting a stable administration. In December 2012 after Ratan Tata’s two decades at the helm, Mistry, 45, took over [...] Continue Reading »
Air India is unable to realise the objective of monetizing its assets due to depressed rates in real estate market. The company had three year plan to earn Rs 1,200 crore in FY14, Rs 2,000 crore in FY15 and Rs 1,800 crore in FY16 through this route. This money was to be used to retire [...] Continue Reading »
An arm of financial services company India Infoline or IIFL, IIFL Finance, is investing Rs 150 crore in real estate developer Wadhwa Group’s township project in Navi Mumbai. Some of its clients are also investing together with IIFL Finance. The investment has been made by picking up non-convertible debentures from Mumbai-based Wadhwa group for the [...] Continue Reading »
The Yash Birla Group has signed a joint venture with Mumbai based Nahar group to redevelop its property of less than an acre in South Mumbai. Ms. Manju Yagnik, vice-chairperson, Nahar Group, says that the land is located in the south Mumbai’s Tardeo and posses the total area of 4,300 square metres (46,268 sq ft). [...] Continue Reading »
Godrej Properties, the real estate development wing of the Godrej group announced that it has entered into an agreement with G&B to build a new project on the Eastern Express Highway in Vikhroli, Mumbai. The potential area at this site will be up to 8, 00,000 sq ft and is likely consist of residences as [...] Continue Reading »
The Tata Steel’s 25-acre land in Borivali received five bids from top corporates and developers. It is expected to collect Rs 1,000 crore for the company from this deal. According to source the top companies which are in race to acquire this land is Tata Housing, Tata Consultancy Services, Oberoi Realty, Kalpataru and Piramal Realty. [...] Continue Reading »
The state housing authority has put brakes on reviewing stalled restoration contracts for some of the city’s oldest buildings and cracking the whip on delinquent developers, even though several decaying building collapses across the city. ‘No Objection Certificates’ (NOCs) for at least 18 cessed buildings have been cancelled by the repair and reconstruction board of [...] Continue Reading »
