Projects
New policy formed for redevelopment of old housing societies does not seem to work good as it was planned. Builders Association of India (BAI) is not happy with the policy want Maharashtra Chief Minister‘s intervention for the same. Projects to be redeveloped in Maharashtra Housing and Area Development Authority (Mhada) layouts have been stopped for [...] Continue Reading »
Salarpuria Sattva, a renowned real estate developer has acquired more land in Bangalore for future projects. The developer has acquired around 300 acres in Sarjapur and Whitefield area for development of projects. It has plans of developing nearly 30 million sq ft on the lands acquired. All types of developments ranging from residential complexes, apartments, [...] Continue Reading »
Recently, Maharashtra Government has approved a plan of setting up a new housing authority. This means regularization of flats will be a mandatory procedure which in turn be a relief for buyers. The new act to be announced will replace the Maharashtra Ownership Flats (Regulations of promotion of construction, sale, management, and transfer) Act, 1963. [...] Continue Reading »
A renowned real estate group, Puravankara Projects is to sell three commercial properties to clear off its rising debts. The properties are located in Bangalore and Chennai and will be sold at around Rs 250 crore. Currently, the group has an outstanding debt of Rs 1,160 crore as the profit has been down by almost [...] Continue Reading »
The sudden boom in real estate after the long time slump has given a hint of doubt among buyers and developers. However, they a reason to be happy because of the same. Brokers and real estate consultants have been working long hours calculating the fate of buying and selling hotel projects. Since there has been [...] Continue Reading »
Good news coming up for Pune residents. The wait for affordable housing is over! Vastushodh Projects Private Limited, local real estate company has announced two of its projects as affordable homes for common man. The projects are ‘AnandGram’ and ‘UrbanGram’. The projects are mainly developed aiming at lower and middle income group. AnandGram is aimed [...] Continue Reading »
Buying a home for yourself? March into the Times Budget Homes Expo which starts today in Pune. The exhibition is for buyers looking for affordable housing within budgetable rates. It will be a 2 days show and the venue for the exhibition is fixed at Hotel Pride, Shivajinagar. All the renowned builders and developers will [...] Continue Reading »
Citrus Ventures, a realty firm comes in as a savior for the developers who failed to establish their realty projects successfully during this year, 2011. With huge amount of uncleared debts and lack of proper cash flow have paved way for the developers to drop the construction projects halfway! Now, Citrus Ventures has already taken [...] Continue Reading »
