Real estate in India
Indian real estate is going through a slowdown amid stagnating sales and facing funding issues with foreign investors. Private equity firms focussing on real estate are facing difficulty to raise funds through foreign high net-worth individuals (HNIs) and institutions. According to experts, both international and national PE firms are not able to close funds if [...] Continue Reading »
Anil Ambani lead Reliance Group joins hands with China’s leading real estate developer WANDA GROUP for a multi-million dollar joint venture to develop an integrated township project in Hyderabad. This will be the first time that a Chinese Real Estate company is entering the Indian Real Estate market. The initial projects have been initiated in [...] Continue Reading »
Bangalore based real estate developer Salarpuria Sattva, has launched a premium mixed use project in Hyderabad. The project is situated near Hussain Sagar lake, one of the hot spot in Hyderabad. The total project covers 8.5 acres and about 1.6 million sq ft of residential, commercial and retail spaces. The company wants to develop around [...] Continue Reading »
In a move to extend Lal dora boundaries, Delhi Development Authority’s (DDA) advisory group has approved and included the extension of Lal dora areas in Master plan 2021. The extended Lal dora land which came up till 2007, will be given residential status according to the decision taken by the authority. The master plan was [...] Continue Reading »
If you are planning to buy a residential property next year, you are going to get many attractive mode and scope of payment scheme but there will be cut short of amenities and facilities in the project. Real estate developers understood that because of overpricing, the properties in India are not getting sold out and [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
Unitech Corporate parks is a listed company on London’s Alternative Investment Market, where developer Unitech holds 40 percent stake.The company has decided to block one of the largest assets in India which has a valuation of RS 3,000 crore. Coming up is a new information technology special economic park in Gurgaon near Delhi which spreads [...] Continue Reading »
Delhi-NCR : The new rule from the Delhi high court have restricted transfer and sale of plots by owners from housing societies. Soami Nagar cooperative house building society has recently been penalized by Justices Sanjay Kishan Kaul and Vipin Sanghi for the sale of a plot by its member to an outsider. The society has [...] Continue Reading »
Chandigarh – The administration is currently in dilemma over the usage of 152 acre of land in Raipur Kalan which was kept for Industrial Area, Phase III. UT administration has stopped keeping land for industrial area and planning to work on their master plan to introduce flattened factories concept in that area. According to recent survey [...] Continue Reading »
Hyderabad : Real estate is booming in Miyapur due to the recent growth of residential projects. As it is situated in NH 9 in the Hyderabad IT Hubs – Hi-Tech City and Gachibowli enjoys the most growth proximity. In last two years, 12 projects came up and 30 more projects are lined up to be [...] Continue Reading »
