real estate construction
New Delhi- Reserve Bank of India (RBI) has softened norms to allow realty firms and brokers to apply for banking licenses. The RBI final guidelines are likely to be announced by February end. According to sources, these guidelines seem to strand reservations for realty firms and brokers. RBI had released draft guidelines in August 2011, [...] Continue Reading »
Tata Camelot was planning to construct skyscrapers in the vicinity of Sukhna Lake. They have to drop the plan as the Punjab and Haryana High Court today has directed Punjab, Haryana and the Chandigarh Administration to stop the construction activities in the lake’s catchment area, and also demolish the structure if any construction activity takes [...] Continue Reading »
The Prestige Estates Projects aiming to sale Rs 2000 crore real estate projects in this financial year 2012-13. The real estate construction firm has launched many projects across the country. Among the projects the Bella Vista in Chennai is performing good. As of date the group has sold more than 1300 apartment out of 2600 [...] Continue Reading »
The latest and most demanding satellite city in NCR were a sleepy village few years back. Now a days the integrated township projects are coming up in the area as the Gurgaon region is growing rapidly since 1983. Gurgaon has already witness the construction of bigger commercial complexes for different fortune 500 companies. Now the [...] Continue Reading »
The Godrej Properties and RR builder have signed up a redevelopment agreement for the Mha-da Property in Byculla. As per the agreement Godrej properties will serve the task of conceptualization, design, sales, and marketing of the project. The project will construct more than three lakh sq ft of saleable area on 2.5 acres of land. [...] Continue Reading »
