Real estate projects
It is reported that Sobha developers has launched total projects of 10.45 million square feet and sold 3.28 million square feet of properties against the sales target of 3 million sq ft during the financial year 2011-12. In the financial year the builder also entered three new realty market in NCR, Chennai and Mysore. The [...] Continue Reading »
The Delhi-Gurgaon Expressway divides the two part of the old and new Gurgaon. some times before the division was distinct. Now the scenario is changed with the increasing construction of the real estate projects in both the sides of the Expressway. The construction in the old Gurgaon side was less as the lands are owned [...] Continue Reading »
The union cabinet will soon consider the real estate regulatory bill which will provide the regulatory authorities with specified functions, powers and responsibilities to settle disputed. According to the bill the registration of the property agents and the real estate projects will be made compulsory. There will be a provision for imprisonment for the builders [...] Continue Reading »
Future market network is the real estate wing of Future Group. They are planning to setup eight infra logistic park in coming years. In a joint venture with IL&FS, Future market network will invest more than Rs 1200 Crore over the projects. Future Supply Chain will be the major tenant of all those commercial properties. [...] Continue Reading »
DLF has a huge debt in market over Rs 20,000 crore. To reduce the debt load DLF planned to sale their non core properties. As a result they planned to sell the 17 acre Mumbai Textile Mill property at Lower Parel. A number of well known builders like Wadhwa Group, Pune based Avinash Bhosale, Piramal [...] Continue Reading »
The president of Confederation of Real Estate Developer’s Association of India (CREDAI), state that the project clearance process is better in Bihar than Maharashtra. He also informed that because of the governmental setup the builders get quick sanctions which enables them to complete the real estate projects in time. The members of CREDAI assembled in [...] Continue Reading »
Governor K. Rosaiah said that green concept in real estate sector is essential to help the present environment. It is essential for both commercial and residential properties in India. The governor emphasized more on usage of Eco-friendly construction material in development of real estate projects. Green house is currently a high priority concept among the [...] Continue Reading »
According to the different Realtors, the union Budget 2012 came up as a disappointing budget for the middle range of home buyers. Due to the rise in service tax the cost of construction of real estate projects will increase by Rs 50 to 150 per square feet from the coming April, 2012. External commercial borrowing [...] Continue Reading »
The present real estate market trend is not showing raise according to the expectations. To overcome this situation and get a quick inflow, the apartment builders in Mumbai have planned to reduce the built up area for their real estate projects in Mumbai. The main agenda behind builders having plan of reducing in built up [...] Continue Reading »
New Delhi has plans of expanding realty sales along with boosting viability of road and highway projects. To balance realty fiscal stress, the government has introduced new scheme of ultra mega road projects (UMRPs). The realty firms who accept these orders will be availed to develop real estate projects alongside the stretches. Rs 20,000 crore [...] Continue Reading »
