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Land sharks encroaching areas in Secundrabad
Hyderabad The issue of encroachments in the Secunderabad Cantonment jurisdiction area has got serious enough that it was discussed at a meeting between defence officials and director-general of police V Dinesh Reddy on Wednesday. The defence officials...
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Pune real estate has the edge
Pune Pune is, historically, an established education base; manufacturing industrial hub, IT and ITeS hotspot, besides being a second home destination. However, recently it seems to have added another feather to its cap by beating Hyderabad in the realty...
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Plot owners verify details with Hyderabad master plan
Hyderabad C Venugopal had purchased a plot in survey number 25 of Yamnampet village in Keesara mandal two years ago. On Monday, he landed at the Hyderabad Metropolitan Development Authority (HMDA) office in Tarnaka to check land usage of his plot on the...
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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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Palm beach road Mumbai residents blame developers
Mumbai Home buyers, many of whom have invested their life savings to buy high-end apartments on Palm Beach Road, are shocked that a CID inquiry is being conducted into alleged violations of FSI norms in their towers. Clueless as to how to check if their...
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Mumbai real estate still strong despite terror attacks
Mumbai Mumbai’s scars will take a long time to heal but its indomitable spirit is as strong as ever. Even as anger mounts over the recent blasts and the government’s inability to provide a safer city, there is a determination to not buckle under. It’s...
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Jet, Godrej realty company close to signing BKC deal
MUMBAI: After almost 18 months of negotiations,Jet Airways is close to signing a deal with Godrej Properties (GPL) to jointly develop a 2.5-acre plot at Bandra-Kurla Complex (BKC). It is learnt that GPL will pay upfront cash of about Rs 150 crore to Jet....
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Orbit may develop Jindal city bungalow in Mumbai
Mumbai Sajjan Jindal, vice-chairman and managing director of JSW Steel, is in advanced talks with property firm Orbit Corporation for joint development of Maheshwari House, a sea-facing bungalow on Nepean Sea Road in Mumbai that he recently bought, said...
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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...
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TN govt stops villa project near bird sanctuary
Chennai The state’s department of town and country planning (DTCP) has issued a stop-work notice to a developer for not obtaining prior permission to construct their farmland and resort less than half a kilometre from Vedanthangal bird sanctuary. The...
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After Noida land mess, Gurgaon tries to cash in
Noida/ Gurgaon: Planning to buy a house? Troubled by the land acquisition row in Noida? Don't worry because you haven't run out of options. In fact, property agents from Gurgaon, Faridabad and Dwarka expressway are flooding people's inboxes with promotional...
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Ulhasnagar residents to benefit from monorail
Mumbai The chaotic urban transport situation that the large population of commuters face while commuting to and from the suburbs might get somewhat better with the new monorail routes sanctioned by the Mumbai Metropolitan Region Development Authority...
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SC quashes Maya''s land acquisition for jail
New Delhi, Aug 3(PTI) In a fresh jolt to Mayawati government in Uttar Pradesh, the Supreme Court today quashed the state's move to acquire private land by invoking the "emergency clause" in Jyotibha Phule Nagar for construction of the district jail. A...
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GMC proposes new property tax formula
Ahmedabad The state’s latest municipal corporation has introduced its new property tax formula and weightage for different properties. The proposal would be placed before the general board of the Gandhinagar Municipal Corporation (GMC) for final consent....
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Hyderabad property tax rates to increase next year
Hyderabad Be prepared to pay five per cent more property tax every year beginning April, 2012. The decision to increase property tax has been taken by the Greater Hyderabad Municipal Corporation (GHMC) to repay the Rs 600 crore bank loan being taken for...
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What went wrong in Noida?
The Noida authority has promised that developed land plots would be allotted, as part of rehabilitation benefits, to farmers — agitating and threatening to stall real estate projects in the city — in a fortnight. But authority is not in possession of...
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ATS Infrastructure buys 14-acre plot in Gurgaon for Rs 150 crore
ATS Infrastructure has bought a 14-acre plot in Gurgaon for Rs 150 crore and will build an upper mid-market residential project, in what would be the builders's first real estate project in the city. Sources who did not want to be identified said that...
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Zen Concept homes introduced in Gurgaon
Delhi/NCR Lumbini Terrace Homes by the Brisk Group has introduced a new concept of houses based on the Zen philosophy that promote long open balconies and intelligent architecture as part of the project. The project has been launched in Sector 109 in...
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Realty worst hit in the stock market crash
It may look a little strange, but the worst hit in the Indian stock market collapse on Monday — following S&P’s downgrade of US’s credit rating — was the real estate sector. The BSE real estate index dropped 4.46% on Monday, the highest amongst all indices....
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Govt Firms up New Draft Acquisition Bill
Amid a raging controversy over land acquisition norms, the government has firmed up the draft of a new Bill which makes consent of 80 per cent of land owners mandatory before purchase of land. The new draft Acquisition Bill, which is expected to be unveiled...
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Parsvnath Reports 19.04% fall in Consolidated Net Profit
Real estate developer Parsvnath has reported 19.04 per cent fall in its consolidated net profit for the quarter ended June 30 at Rs 25.76 crore as it did not launch any new project. Meanwhile, the company’s board has approved to raise Rs 2,000 crore through...
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Exotica Eastern Court Ghaziabad Resale
Exotica Eastern Court Resale at 9999442231 DON’T LIVE LIFE! CELEBRATE IT. Exotica Eastern Court Features Exotica Elegance Club house.A venue where… 75% open area Approved by GDA A huge landscaped central park Wide internal roads A splendid fountain at...
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Noida housing has something for everyone
Noida-Greater Noida offers a lot of housing options in different sectors and as demand for housing rises, developers and builders, too, are up to the task and are coming up with mega housing projects. Noida’s sectors like 77, 76 and 78, all near Noida...
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Godrej Properties Ties up with SBI to Make Projects and services Available to Customers across India
Godrej Properties, the real estate arm of Godrej Group, has entered into a memorandum of understanding (MoU) with State Bank of India (SBI) to create multiple platforms to make their projects and services available to customers across India and abroad....
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Leela Group all set to Sell Leela Resorts Kovalam for Rs500cr
The Leela Group is set to sell its marquee property in Kovalam, a famous beach on the outskirts of the capital of Kerala, as part of an ongoing exercise to ease its debt burden. The property, Leela Resorts Kovalam, is being sold for 500 crore to NRI Ravi...