Realty News
Real estate in the Indian metros such as Mumbai, Noida, Gurgaon, Ahmedabad, Chennai and Hyderabad is witnessing boom. India’s development in telecommunications and technology sectors has majorly contributed to the nation’s economical growth. Mumbai, India’s most populous city, situated in the eastern coast, has sheltered many industries. It is also a hub for major business [...] Continue Reading »
Mumbai- Increasing number of Information technology (IT) companies has been driving the office space demand in the prime cities. Particularly the demand for rental office spaces is rising in the peripheral areas of cities since the rental rates are comparatively low than city centric locations. Consequently, commercial real estate developers are more into developing office [...] Continue Reading »
The South Delhi Municipal Corporation has started demolishing illegal buildings in Hauz Khas. The corporation successfully demolished two illegal constructions in the Hauz Khas village. As per officials, stringent action will be taken against all the illegal constructions taken place after February 2007. This issue was highlighted in the media and was also discussed in [...] Continue Reading »
In a move to bring in relief to the developers, the Ministry of Housing & Urban Poverty Alleviation decided to keep the commercial offices and shops out of the purview of the Real Estate ( Regulation & Development) Bill. According to officials, the bill will only regulate the housing sector. For now, the current draft [...] Continue Reading »
Dwarkadhis, a well known real estate company of promotion and town planning, is coming up with its new housing project of 2, 3 and 3+SR bedrooms. The project ‘Aravalli Heights’ spread across 22 acres. The project site is just 800 meters from NH-8. The project has ultra-modern technologies, its designs are of innovative ideas with [...] Continue Reading »
Logix Group has launched its first residential project “Blossom County”, which comprises of 2,3,and 4 BHK apartments in Noida sector 137. The project has penthouses along with residential apartments and spread across an area of 25 acres. The project follows the concept of ‘Green Homes’ and has been designed by world famous architects. It provides [...] Continue Reading »
As assembly poll is approaching closer, Delhi government is planning to freeze all the sealing and demolition of residential and commercial properties in the city. Under the supervision of Shiela Dixit, this particular topic was raised and discussed very recently. According to sources, CM does not want to carry on such action now in the [...] Continue Reading »
Supertech, north India based real estate developer, is planning to expand the existing business, which will involve a whopping Rs. 2000 crore investment. They have new projects to launch and also undertaking a new project involving education. The firm is planning to come up with a university of their own in Uttrakhand, and also is [...] Continue Reading »
Orris is set to launch a new township project named ‘Orris Curio City’ in Greater Noida, aiming to bring a new experience of luxury and a healthier lifestyle to the customers. It’s a mixed township project comprises of modern commercial and retail space, housing areas, luxury five star business hotel, educational institutes, health care centers and [...] Continue Reading »
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 »
