Realty News
Currently Anil Kapoor’s hand is full of charm. After setting up a benchmark in Bollywood as well as Hollywood and in television (with the Indian version of the popular American thriller series 24), he is now waiting for his new show which will be announced shortly. Concurrently, he is also trying hard for entrepreneurship. As [...] Continue Reading »
The Builders and property promoters in Coimbatore requested to the Commissioner of Central Excise, Customs and Service Tax to focus on the problem they faced in payment of Service Tax. The Representatives of the local Builders’ Association of India and Confederation of Real Estate Developers’ Associations of India and the Coimbatore Builders and Contractors Association [...] Continue Reading »
The income tax department conducted the raid on the residence of real estate businessman G Amarender Reddy. During the raid the IT department seized incriminating documents related to the huge cash transactions outside the books. Mr. Amarender Reddy is a close friend of former chief minister N Kiran Kumar Reddy. Mr. Reddy is the chairman [...] Continue Reading »
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »
The Tata Housing says that they were planning to invest Rs 700 crore to develop a new residential housing project in Chennai The planning to construct 1,600 flats in this project which is spread over 15 acres. The Tata Housing says that its subsidiary Tata Value Homes would develop this affordable housing project under the [...] Continue Reading »
IDFC Alternatives raised its first fund of Rs. 750 crore focused on residential sector in India. IDFC Alternatives is a wholly owned subsidiary of IDFC Ltd. The fund is called IDFC Real Estate Yield Fund and will invest Rs 60-80 crore and will target gross returns of 22%. It is a four year close-ended private [...] Continue Reading »
Godrej Properties, the real estate development wing of the Godrej group announced that it has entered into an agreement with G&B to build a new project on the Eastern Express Highway in Vikhroli, Mumbai. The potential area at this site will be up to 8, 00,000 sq ft and is likely consist of residences as [...] Continue Reading »
Extremely happy on the success of its last project, the real estate development wing of the Godrej group has now come up with the phase 7 of its residential project at Sodepur on BT Road near Kolkata. Christened as Godrej Prakriti Everest, the project in its recent phase and will have a new tower. The [...] Continue Reading »
In last 12 months, the prices of property have dropped down but still the rents of properties are increasing day by day. Some areas witnessed the increase of up to 20 percent in the rents of property. Commonfloor.com data According to the data of Commonfloor.com, the rents of property increased by 10 percent in Delhi [...] Continue Reading »
After the new land acquisition law came into force, the Road Transport and Highways (RTH) Ministry is looking for options like real estate development along the Delhi-Jaipur Expressway to finance it as land cost alone has trebled. After the new law came into force the land cost has trebled, the cost of ~11,750 project that [...] Continue Reading »
