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Metro plans amusement park in Delhi
After malls and restaurants, Delhi Metro is now getting into the entertainment business. In a first for Delhi Metro Rail Corporation (DMRC), it is inviting proposals for the construction of a theme park spread over 15 hectares near Shastri Park. The tender...
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'Goa real estate boom fuelled by black money
Panaji, July 20 (IANS) Goa's real estate boom is not driven by 'people who love the land', but by speculative investment of black money in the state, environmentalist Madhav Gadgil said Wednesday. Speaking at the concluding session of a workshop on environment...
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Hospitality hotspot likely to shift to Noida side
Delhi/NCR The next big battle among hospitality players is expected to shift to the Noida-Greater Noida Expressway. Current trouble over land acquisition in the area notwithstanding, the 25-km stretch could be the next hotspot for tourism, conventions,...
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Noida enigma: Builders, flat buyers hopeful of solution soon
With the Allahabad High Court giving farmers an option of out-of-court settlement with GNDA, flat buyers and builders in Greater Noida today expressed hope that a solution will emerge before the August 12 deadline. "It's a positive development. From blame...
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Alld. HC to hear plea of flat purchasers in Noida/G. Noida today
The Allahabad High Court on Tuesday will decide on the vexed issue of the Uttar Pradesh government's acquisition of farmers' land for realtors who have already booked residential houses in about a dozen villages in Noida and Greater Noida, which are a...
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Punj Lloyd wins contract to build 194 luxury villas in Kolkata West International City
NEW DELHI: Punj Lloyd Group has announced that it has won the contract for construction of 194villas at Kolkata West International City (KWIC), a satellitetownship inWest Bengal. The project worth Rs 99 crore is scheduled to be completed in 15 months....
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Owning a property makes more sense than staying on rent
Whether to buy a property or rent one is an age-old debate and it is unlikely to be settled in a hurry. One can do very sophisticated calculations to show that renting is a smart option. Some equally valid and complicated calculations will show that buying...
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Defunct gems park to get mall facelift in Hyderabad
Hyderabad Lying defunct for seven years, the AP Gems and Jewellery Park located on a two acre land on Road No. 10, Banjara Hills, will finally open as a gems and lifestyle mall by the end of the year. The Malaysia-based project developer, IOI Corporation,...
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Mill workers wanting free homes may stage bandh in Mumbai
Mumbai Papering over their differences and launching a combined offensive on the state government, the Shiv Sena-BJP-RPI alliance as well as the Left on Thursday threatened a Mumbai bandh on August 1 over the issue of providing free homes to mill workers....
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Mumbai adds 8.5L sq ft to mall space
Mumbai The city added 8.50 lakh sq ft of mall space between April and June 2011, even as retail mall space supply in India saw a 65% growth during this period, compared to the earlier quarter. “Most of the supply that entered the market was concentratedin...
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Authority can give plots to only 15 Noida villages
Noida Authority has started acting swiftly to work out an amicable settlement between the UP government and the agitating farmers of Noida to resolve pending disputes. The Authority has identified 100 hectares of land in sectors 116, 117 and 121 that...
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Most significant land degradation in Pune district
Pune Pune has the dubious distinction of being among five districts in the country that have the ‘most significantly degraded’ land. Researchers say that rapid urbanization and industrialization are among the factors responsible for the quality of the...
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Penalty to regularise Pune bldgs may go
Pune Elections are round the corner, and political parties have begun playing populist cards to appease voters. All party corporators in the Pune Municipal Corporation (PMC) are thinking of scrapping the decision to impose fine to regularise unauthorised...
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Property in Bangalore suburbs gives good returns
Bangalore The fundamentals of the city’s property market look strong in the light of the positive underlying factors. Unlike when prices were pushed by the dotcom rush or were investor-driven, the end-user base has grown over the last few years. After...
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TN govt to cancel some land allotments
Chennai The Tamil Nadu government has planned to cancel land allotted to entrepreneurs who failed to start industrial units in government industrial areas even two years after obtaining sanction. The state government also directed officials to ensure...
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NCR real estate may get costlier
The draft land acquisition and resettlement and rehabilitation bill will have a direct impact on real estate prices in Delhi and neighboring Gurgaon, Faridabad and Noida -if it becomes law. The bill’s proposals that no irrigated and multi-crop land can...
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Gurgaon : Golf Course Road - Extension An emerging epicentre
Golf Course Road Extension , came into the limelight in 2009 after it became an alternative to the then overpriced Golf Course Road. Since then it has become one of the most preferred locations both for developers and buyers/ investors. It directly connects...
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Sohna Road: The new multi-purpose gateway to prosperity
The development of Sohna Road began in 2003-04. It is one of the areas of Gurgaon that benefited the most from the positive market sentiment in 2009-10. The sectors along Sohna Road include 33, 38, 47, 48, 49, 69 and 71 A. The location is experiencing...
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Manesar - Getting ready to roll
Manesar is emerging as one of the fastest growing towns India and Delhi NCR. It is no longer just a weekend destination surrounded by Aravalis. With Gurgaon reaching saturation point, the Haryana Government has of late shifted its focus on the development...
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Dwarka Expressway : Getting on the fast lane to quick growth
The development of the Dwarka Expressway (New Gurgaon) started with the Gurgaon Master Plan 2021 proposed in 2008. The stretch is known as the Northern Peripheral Road or NPR. The Dwarka Expressway starts from Dwarka and crosses Bijwasan, New Palam Vihar,...
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GHAZIABAD - A mixed bag of affordable and premium projects
Ghaziabad is an important industrial city of Uttar Pradesh with many companies like Shriram Pistons, Unichem, Dabur, Bhushan Steels giving it a new dimension. Strategically located on the Grand Trunk road and offering easy access to Noida, it has evolved...
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Bhiwadi - High on housing dreams, low on luxury costs
Bhiwadi is located at the East End of Rajasthan in Tijara Tehsil of Alwar district; its sub-region is playing a vital role in the development of Rajasthan. The stretch is spread over 3347 acres of land and 3000 acres area are proposed for extension. The...
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Faridabad - Neharpar - Point of attraction
While Faridabad has predominantly been the NCR’s industrial township in the past few years, it has witnessed massive development both in terms of commercial and residential projects. There’s been a flurry of real estate activity in some of the developed...
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Rise in lending rate leads to low value property deals
The third hike in repo rates by the Reserve Bank of India since May this year is driving buyers to go for properties with lower price tag. As per figures compiled by the office of the inspector-general of registrations (IGR), 1,98,206 property registration...
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Buildco to come up with 125 Acre Township “Bhartiya City” in Bangalore
Buildco, the flagship company of the Bhartiya group in the real estate and infrastructure business, is going to launch Bhartiya City, a 125-acre integrated township in Bangalore, conceived along with global master planners and architects. The project...