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JSW Bengal rushes to get land deed for Salboni project
Kolkata JSW Bengal Steel, which is setting up a 10 million tonne plant at Salboni in West Bengal, is rushing to get its land deed in order, after the Mamata Banerjee government decided to vest a portion of the land acquired by the company, citing land...
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Chennai land transactions up 40 percent
Chennai After a brief lull during the assembly elections, the state is recording an upward trend in registration of properties. There has been a 40% increase in land transactions in the city during May-July over the same period last year, while the 578...
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Home loans to be costlier
Delhi/NCR Be ready to pay more in EMIs. Lending rates will go up in all segments, including home and car loan, after RBI hiked the key rates again on Tuesday. The central bank has increased the repo and reverse repo rates 50 basis point each. “We are...
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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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PCMC initiative for advance property tax payments
Pune Citizens in Pimpri-Chinchwad who pay property tax in advance before August 31 will get a 10% concession in general tax this year. The general body of the Pimpri Chinchwad Municipal Corporation (PCMC) approved a resolution to this effect on Thursday....
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If you plan to buy property in the twin cities of Noida-Greater Noida, do not delay
If you plan to buy property in the twin cities of Noida-Greater Noida, do not delay. It is the best time to invest as the new land acquisition policy announced by the UP government recently, promises an investor’s dream being realized. The property rates...
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SC Verdict Benefiting Unitech & Parsvanath’s Noida Based Projects
The Supreme Court’s verdict upholding the denotification of 156 hectares of land allotted for residential development to developers in Greater Noida has come as a blessing in disguise for realty majors including Unitech and Parsvnath, which are seeing...
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BMC FSI guidelines will cripple redevelopment: MCHI
Mumbai The Maharashtra Chamber of Housing Industry (MCHI) on Friday said that the Brihanmumbai Municipal Corporation’s (BMC) new building guidelines will cripple redevelopment projects. Municipal commissioner Subodh Kumar’s proposal will allow developers...
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New malls getting ready for possession
The Indian retail sector is seeing a lot of action as new malls across the country become ready for possession, even as the first-generation malls get ready with their report cards. With big brands in apparel, multiplex movie theatres, hypermarket and...
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Malad may emerge as a rival to Bandra-Kurla Complex as the new hub for the diamond trade
Mumbai Malad may emerge as a rival to Bandra-Kurla Complex as the new hub for the diamond trade in the aftermath of 13/7. Not all diamond traders are keen on shifting to the fortress-like Bharat Diamond Bourse at Bandra-Kurla Complex (BKC) after the blast...
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Beetle Suites, sector-1, Noida Extension|| 7bigha Group, 12% assured return.
Beetle Suites, Sector-1, Noida Extension, Get 12% assured return at 9811569385 After a huge success of Phase 1 and Phase 2 i.e Plots & Villas, Vertical Limits have launched an amazing opportunity once again into the market, the first launch of Beetle...
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10% Drop in Sobha Developers Q1 Profit
A significant increase in provision for income tax has led to a 10 per cent dip in net profits for Bangalore-based real estate company Sobha Developers, to Rs 30.9 crore during the first quarter of this fiscal. Last year, the company recorded Rs 34.3...
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Godrej Properties Plan Residential Projects in Hyderabad & Thane
Godrej Properties has entered into a profit sharing agreement with Godrej & Boyce to develop residential projects in Hyderabad and Thane. Under the agreement, Godrej Buildcorp will develop a 9.16 acre at Moosapet, Hyderabad. The approximate developable...
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no end in sight to the land acquisition row in Noida and Greater Noida.
There seems to be no end in sight to the land acquisition row in Noida and Greater Noida. While Greater Noida farmers have dismissed Saturday’s agreement with Patwari, calling it a sham, fresh trouble seems to be brewing in Noida. Inspite of the July...
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KMDA chairman quota for flats abolished
Kolkata After abolishing the Housing and Infrastructure Development Corporation (Hidco)’s chairman quota for allotment of plots and flats, chief minister Mamata Banerjee on Tuesday treaded the same path for Kolkata Metropolitan Development Authority (KMDA)...
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Over half of Patwari villagers take higher payout
The Greater Noida authority raced against time to hand out higher compensation cheques to more than half of the villagers in Patwari before the Allahabad High Court’s deadline for reaching an out-of-court settlement with the farmers ended on Thursday...
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Emaar Ready to Resolve Issues with Andhra Pradesh Infrastructure Corporation
A day after the Andhra Pradesh High Court ordered a full-fledged CBI inquiry into the alleged irregularities in the land dealings of Emaar Properties, the Dubai-based company said it is ready to resolve issues with the Andhra Pradesh Infrastructure Corporation...
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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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New power substations to improve supply in Chennai suburbs
Chennai Till last week, K Sudakar, a class 7 student of a government school in Sembakkam, used to complete his homework before sunset as the erratic power supply doesn’t allow him to study beyond nightfall. Not any longer. The ordeal of students like...
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Spiretech greater Noida|| 7bigha Group at 9811569385
ICONIC ECO-OFFICE SPACES FOR THE FUTURE With great pleasure, we wish to inform you that after the spectacular success of Spire-Edge Manesar, which has also received “The Best Office Development in the World” award, Spire World brings to you Spire-Tec...
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Emaar Properties, Dubai's largest developer by market value, saw an 85 per cent fall in its income
Emaar Properties, Dubai 's largest developer by market value, saw an 85 per cent fall in its income from apartment sales during the second quarter, as demand for real estate continues to fall in the emirate. Revenues from sale of apartments were 265.6...
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Loan interest hike hits Noida Extn home buyers
Delhi/NCR Home buyers in Noida Extension were dealt a double whammy on Tuesday. While their agony is going to get prolonged as hearing of petitions filed by villagers in the Allahabad High Court has been deferred, they may soon have to shell out additional...
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Noida cooperative flat owners to pay more duty
Cooperative housing societies in Noida were dealt a major blow on Wednesday, as Supreme Court ordered individual registration of their flats as per the prevailing circle rates. According to the Uttar Pradesh stamp department, the judgment would affect...
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Govt Finalises New Bill on Land Acquisition
To take on the discontentment against land acquisition process, rural development minister Jairam Ramesh has cleared a draft bill for public comments. The minister’s land acquisition and rehabilitation bill will be up on the ministry website just a fortnight...
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Land acquisition likely in Petalur, Bangalore
Bangalore Barely a month after the government backed off following stiff opposition to the South Korean Posco steel plant in Gadag district, land acquisition is haunting farmers of Mundargi taluk. Though no industry has expressed intention to set up shop...