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India among world’s top 3 preferred investment destination

Sunday, March 14, 2010

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India is among the world’s top three preferred investment destination, but equity caps limit the size of potential inflows, according to a Columbia University report. The report cited liberalization in FDI policy and several economic sectors, a globally competitive workforce, and rapid GDP and market growth as the main drivers of foreign investment in India. Yet, it [...]

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NOIDA, Greater Noida Flat Booking : but a little cautious

Saturday, March 13, 2010

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नोएडा में भले ही हर व्यक्ति की जरूरत के हिसाब से आशियाना उपलब्ध है, लेकिन यह भी सच है कि तस्वीर पूरी तरह उजली नहीं [...]

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Delhi : 1000 unauthorized colonies will be regularized soon

Saturday, March 13, 2010

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दिल्ली में और 122 कालोनियों को नियमित करने का मार्ग प्रशस्त हो रहा है। इन कालोनियों को 2002 को कट ऑफ सूची में शामिल किया गया था, लेकिन तय मानक के अनुसार यहां विकास कार्य नहीं हुए थे। बताया जाता है कि इन कालोनियों में जो जगह खाली है उसे कालोनी से फिलहाल निकाल कर [...]

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275-metre ritzy tower to come up in Prabhadevi

Saturday, March 13, 2010

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Have you ever wondered what it would feel like living at the height of Eiffel Tower’s highest observation deck, which stands at 276 metres? If  Site of Prabhadevi you have Rs 50 crore in your kitty, you may be a proud owner of just one such celestial home in Mumbai. For, Prabhadevi is all set to [...]

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DLF changes tack in city realty market

Saturday, March 13, 2010

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In a move that could add 5-million sq ft to Mumbai’s high-end residential market, the country’s largest developer, DLF, has decided to change the end use of its Lower Parel property. DLF had acquired the defunct mill land in Lower Parel in an auction conducted by state-owned National Textile Corporation in 2005. It had bid Rs [...]

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MMRDA clears land for 50,000 rental flats

Saturday, March 13, 2010

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The Mumbai Metropolitan Region Develop- ment Authority (MMRDA) on Friday paved the way for con- struction of 50,000 rental houses in Thane and Raigad by giving the locational clearance. These projects, where flats will be available only on rent, are being built at Majiwade, Panch-pakhadi, Manpada and Naupada in Thane and Pen in Raigad district and [...]

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Gudi Padwa fails to bring cheer to realty market

Saturday, March 13, 2010

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LACKLUSTRE Economic slowdown, red tape prevent new realty project launches on New Year As the financial year is ending, banks are after us to clear our dues. So we have refrained from such perks. ANAND GUPTA , secretary, Builder’s Association of India Gudi Padwa, the Maharashtrian New Year is usu- ally a special time for the real [...]

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Noida Extension is all set to become Delhi NCR’s next budget housing hub

Saturday, March 13, 2010

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First there was the Mayur Vihar extension. Then we heard about Raj Nagar extension. And now it’s Greater Noida’s turn to do some stretching. Technically Greater Noida’s Sector 1, this area is all set to give a tough fight to projects coming up in Noida, especially those in sectors 121 and 119, primarily in terms [...]

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Ghaziabad : Residents get raw deal from builders , They allege many promises unfulfilled

Friday, March 12, 2010

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Owning a house is a dream for every common man. However, the joy is short-lived as with the house comes with several problems that are overlooked by the builders and that become nightmare for the residents. Unkept promises and incomplete work have become a cause of regular conflicts between residents and builders. Residents allege [...]

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Technopark ties up with group of banks for funding

Friday, March 12, 2010

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The Technopark here has tied up with a consortium of banks for raising Rs 220 crore towards construction of the proposed 1 million sq ft building in its third phase of development. The team of banks comprises Indian Bank, Catholic Syrian Bank, Federal Bank and South Indian Bank. Technopark CEO Mervin Alexander said this was the second [...]

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Ambuja Realty plans Rs.1,065 crore investment

Friday, March 12, 2010

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Real estate company Ambuja Realty plans to invest Rs.1,065 crore over the next three to four years on commercial and residential complexes and business parks, the company’s chairman said here Thursday. “We have plans for three more business parks in Kolkata — two in Salt Lake Sector V and one in Rajarhat,” company chairman Harshavardhan Neotia said [...]

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Ambuja Realty to set up three IT parks in Kolkata

Friday, March 12, 2010

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Kolkata-based Ambuja Realty plans to invest over Rs 300 crore to set up three business parks in the city. While two such parks will come up in the city’s IT hub-Salt Lake Sector V-Ambuja has plans to set up the third one in Rajarhat in the eastern fringes of Kolkata. Plans are also afoot to set [...]

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Tata Housing signs two MoUs with Assam Government

Friday, March 12, 2010

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Leading real estate company, Tata Housing Development Company (THDCL), today signed dual MoUs with the Assam Government to create commercial developments in the state, a press release issued here said. The first MoU was signed between THDCL and The Department of Industries and Commerce of Assam for creation of commercial space, including business parks and IT [...]

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NOIDA : Circle Rate may be increase by 20 percent

Friday, March 12, 2010

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एक अप्रैल से जिले में सर्किल रेट बीस फीसदी बढ़ जाएगा। इससे लोगों को रजिस्ट्री कराने के लिए जेब और ढीली करनी होगी। जिलाधिकारी दीपक अग्रवाल निबंधन विभाग के अधिकारियों से बैठक कर इस फैसले को मंजूरी दे चुके हैं। इसके अनुसार नोएडा व ग्रेटर नोएडा के सर्किल रेट में बीस फीसदी की बढ़ोतरी होगी। [...]

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Rainwater harvesting: 600 property owners seek tax concession

Friday, March 12, 2010

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Pune: Of the 6.5 lakh properties in Pune, just over 600 are implementing rainwater harvesting techniques. The issue gathered steam last year when a failed monsoon resulted in water shortage in the month of June, followed by water cuts by the civic body. Among the various options explored for the citizens to save water, rainwater harvesting [...]

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