Township
Real estate projects in West Bengal can breathe in relief as the state government took a liberal stand. The West Bengal government is granting exemption under section 14Y of the West Bengal Land Reforms Act so as to boost realty-related investments. This release will allow township projects to acquire more land than the previous limit [...] Continue Reading »
Greater Gurgaon, or Sohna Road, is registering a boom in the real estate market with supply keeping pace with demand. Experts even say the area is set to emerge as the next axis for residential, commercial, institutional, and industrial development in Gurgaon. It is a good example of mixed-use development with great scope for further [...] Continue Reading »
Realty firm Supertech has raised Rs. 400 crore from the private equity firm (PE) Xander to finance its upcoming township and housing projects in Gurgaon.The company will develop plots, villas and independent homes in the 140-acre township at an investment of about Rs 1,100 crore. The company said in a statement that Supertech has received [...] Continue Reading »
An arm of financial services company India Infoline or IIFL, IIFL Finance, is investing Rs 150 crore in real estate developer Wadhwa Group’s township project in Navi Mumbai. Some of its clients are also investing together with IIFL Finance. The investment has been made by picking up non-convertible debentures from Mumbai-based Wadhwa group for the [...] Continue Reading »
Housing and Urban Development Corporation is coming up with a new housing scheme, where low rank government employees can own a house for themselves. The state authority is in negotiation with the government agencies in Andhra Pradesh, Maharashtra, Punjab and Karnataka for its new Rent-to-Own scheme. Before the scheme is launched, a government agency will [...] Continue Reading »
Bangalore- A renowned developer of Bangalore, Puravankara Group, is all set to launch a residential township in off Mysore Road, near the Bangalore-Mysore Infrastructure Corridor ring road junction. The township project, ‘Provident Sunworth’, spreading across 60 acres of land, has been planned to include a built up area of 6 million square feet. It will [...] Continue Reading »
Chennai- It surely takes some time for areas located in the city outskirts to get reasonably priced civic amenities, observes urban planners. Projects have been announced in the suburbs even before the land acquisition formalities are completed. Areas such as Oragadam and Sriperumbudur lack basic amenities such as water supply, sewerage system and health and [...] Continue Reading »
Bangalore- In the recent trend of increasing number of townships in the city, global experts in traffic management are in demand. As a result of increasing number of people preferring to invest in township projects, many township developments have been coming up. Since, traffic management is one of the prime aspects of a township, global [...] Continue Reading »
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »
Adarshnagar, which was a farmland two decades ago, has now developed into a good residential area with a total population of 22,000 with about 8,000 households. Owing to its connectivity to NH 5 on the Vizianagaram road and fast development, Adarshnagar, holds all the facilities of a posh township. It was earlier a rural area [...] Continue Reading »
