Realty News
Location is everything, and when a new city is to be founded, getting in early on the action is a smart thing to do is a known fact to anyone who has ever dabbled in real estate. Therefore members of the committee of urban planners and urban policy experts were stunned to find their mailbox [...] Continue Reading »
Acceptance for land and building across states are not consistent. Additionally in some places they are contradictory and differ in order of importance. Recent study of Planning Commission has been used by the sources to observe the differences and how they affect investors. Key regulatory framework that bears the greatest significance is the time taken [...] Continue Reading »
In a research report titled Economy & Realty @ Glance for March 2014, Knight Frank India, says that the sales volume in realty has declined across India. The report gives us an insight into how has this happened. The report categorically says that the sales volume of listed real estate companies across India has halved [...] Continue Reading »
An additional US$10 million are to be invested in Central Park II in Gurgaon. There is a tunnel that leads to an underground road network which connects with the lobbies of each residential tower. Residents have an uninterrupted 20 acre car-free landscaped green vista as all traffic is routed underground. There is a plan by [...] Continue Reading »
Ecogreen Real Estate has been banned from mobilizing funds from public investors as well as from launch any new scheme. It was noted by SEBI that Uttar Pradesh based company was inviting applications to book plots of residential/commercial land under ‘Land-Linked – One Time Payment Plan’ scheme. The plan seems to be unauthorized ‘Collective Investment [...] Continue Reading »
The company said that the real estate developer Godrej Properties has formed joint venture to develop a residential project at Keshavnagar in Pune. This project will be spread over 43 acres and provide nearly 2.8 million sq ft of saleable area. As mentioned in the agreement, the Godrej Properties will receive 35 percent of the [...] Continue Reading »
Real estate prices have remained untouched in last quarter of 2013, regardless of political uncertainty, liquidity issues, high interest rates and cautious sentiments. Property rates at Colaba, Marine Drive, Dombivali, and Ambernath went down by seven to 13 per cent whereas rates went up by 10 to 12 per cent at places like Hiranandani, Lower [...] Continue Reading »
Some people familiar with the developments are saying that the Aditya Birla Private Equity is in talks for the possible purchase of a 6 per cent stake in Adlabs Imagica. This will result the in the valuation of the company to be at Rs1, 667 crore. The deal is a part of a sale of [...] Continue Reading »
Recently, an online company called “Lamudi” was launched by ROCKET Internet dedicated solely to real estate in the Philippines. Lamudi Philippines founder and Managing Director Jacqueline van den Ende said in a news conference in Taguig City that “The Philippines is a super interesting country for us.” As investors have dropped the Brazil, Russia, India [...] Continue Reading »
The west Delhi MP Mahabal Mishra has gained the most from the city’s real estate boom. In the last five years there has been the continuous increase in the assets of Mr. Mishra and his wife. The property of Mr. Mishra valued at Rs2.75 crore in 2009 whereas the current value of their property is [...] Continue Reading »
