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Five-star hotel comes down to make room for apartments

Five-star hotel comes down to make room for apartments
Unfinished JW Marriott Hotel in the city are being pulled down by the City builder Ceebros which have been bought for 480 crore last year from Hyderabad-based Viceroy Hotels. The hospitality sector in Chennai is going through a serious disaster with low occupancy in most five-star hotels, due to this reason Viceroy Group sold the [...] Continue Reading »

MC keen to develop residential complex at Manimajra

MC keen to develop residential complex at Manimajra
The Municipal Corporation (MC) of Chandigarh is contemplating the development of a residential complex at Manimajra. An area measuring around 6 acres would be provided for the purpose, with basic civic amenities. Later, a decision would be taken on whether a group housing project to be started or plots are to be auctioned. The area [...] Continue Reading »

No criminality in land conversion: CBI on DLF issue

No criminality in land conversion: CBI on DLF issue
In the permission given to the country’s largest real estate company DLF to construct a high-rise luxury apartment complex in the vicinity of Rashtrapati Bhavan, the CBI has not found any criminality which had led to security concerns. In July last year, the CBI had registered a preliminary inquiry against unknown officials of Urban Development [...] Continue Reading »

Any “wrongdoing” over Sardar Patel Marg property denied by Urban Development Ministry

Any “wrongdoing” over Sardar Patel Marg property denied by Urban Development Ministry
In respect of the property at Block No.48 in the Diplomatic Enclave at Sardar Patel Marg in Delhi, Urban Development Ministry today “strongly denied any wrongdoing” The UD Ministry had Okayed the construction of high-rise luxury flats near Rashtrapati Bhawan on Sardar Patel Marg despite objections from several agencies, according to media reports; including Intelligence [...] Continue Reading »

Civitech launches new residential complex in Noida

Civitech launches new residential complex in Noida
Civitech, a leading realty developer, is launching its new project Civitech Sampriti. Sampriti is an exclusive residential complex in a pollution free environment with lush green surroundings. Civitech Sampriti offers 2, 3 and 4 BHK apartments with area ranges from 1135 sq ft – 2380 sq ft. The price range of the apartments is Rs. [...] Continue Reading »

Mahindra buys plot in Andheri

Mahindra buys plot in Andheri
Mahindra Lifespaces, part of the Mahindra Group, has purchased a three-acre plot in Andheri owned by Nycomed Pharma Pvt Ltd. Mahindra purchased the property for around Rs 205 crore, or Rs 65 crore an acre. The 12,000-sq m plot currently houses a bungalow, two guest houses, a research and development facility and an electric sub-station. [...] Continue Reading »

Balaji Group enters real estate market in Mumbai

Balaji Group enters real estate market in Mumbai
After being a successful venture in the TV and film industry, Ekta Kapoor‘s Balaji Group has now entered Mumbai’s real estate market. The foray consists of two initial projects: a commercial complex in Chandivli, Andheri East, and a residential one in Mira Road. The land parcel had been bought by Jeetendra in auctions and now [...] Continue Reading »

‘Homes for Life’ – Property expo by Salarpuria Sattva

‘Homes for Life’ – Property expo by Salarpuria Sattva
Salarpuria Sattva, a leading real estate developer in Bangalore, had held a three day property exhibition, Homes for Life, from 6th July to 8th July 2012, which exhibited some of Salarpuria Sattva’s prestigious projects. The expo was held at Salarpuria Windsor Building, Bangalore. Attractive discounts were given on bookings. Banks like ICICI, HSBC, LIC, Axis, [...] Continue Reading »

ICON Honey Pool: A residential project in Electronic city

ICON Honey Pool: A residential project in Electronic city
ICON Honey Pool is constructed by the Icon developers and Promoters. The residential project is constructed in the heart of Bangalore IT Hub, next to Electronic City, behind World famous Narayana Hrudayalya hospital. The project is located very close to many popular IT & Non-IT companies. The project site is close to the Hosur Road [...] Continue Reading »

Luxury apartments in Mehrauli

Luxury apartments in Mehrauli
The Urban Development ministry has sanctioned a major residential-cum-commercial complex project at Mehrauli in South Delhi. 500 luxurious apartments will be constructed in the project by the National Buildings Construction Corporation (NBCC). The projected cost of all the apartments will be from 4 crore onwards. All modern amenities will be made available in the project. [...] Continue Reading »



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