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Xander Group to invest $600 mn to develop about 12 malls in India
Source: PTI Jul 08, 2012
Global investment firm Xander Group will pump in $ 600 million (about Rs 3,300 crore) to develop and operate about 12 luxury shopping malls across India by 2017. Virtuous Retail, the group's retail venture, is at present constructing eight such centres at various places and will develop another 2-4 malls in the coming years ... more
Tag: Announcements News, Indian real estate, property in india, malls in india, xander group
West Bengal real estate sector on a swift growth phase
Source: Jun 03, 2012
KOLKATA: Even as industrialists worry over the slow pace of reforms hitting industrial resurgence in West Bengal, one business is growing by leaps and bounds in the state - real estate. ... more
Tag: Announcements News, Real estate in kolkata, property in kolkata
Vibgyor Group launches affordable housing projects across India
Source: ET Bureau May 31, 2012
Vibgyor Group has recently launched a slew of affordable housing projects across India. Priced at Rs 3 lakh and above, these flats will have modern architecture, layout, designs and amenities to cater to the needs of the buyers. ... more
Tag: Announcements News, Real estate in kolkata, property in kolkata
Delhi government's fresh directive on sale of properties
Source: May 09, 2012
NEW DELHI: Delhi government issued a fresh directive to the revenue department asking it to allow sale and purchase of immovable properties only through proper sale and not allow any such transactions by way of General Power of attorney (GPA). ... more
Tag: Announcements News, Real estate in delhi, delhi properties, delhi property
New Income Tax amendments related to property transactions
Source: Apr 06, 2012
As per the Finance Act, 2012 a new section 54GB has been added in the Income Tax Act which provides relief from re-investment of sale consideration in the equity of a new start-up SME company in the ... more
Tag: Announcements News, Real estate in india, property in india, indian properties
Bengal Land Reforms (Amendment) Bill 2012 passed
Source: Apr 02, 2012
Kolkata: A bill facilitating relaxation of urban land ceiling laws in setting up industry in West Bengal was today passed in the state assembly by 252-46 votes despite Opposition by Left Front members. ... more
Tag: Announcements News, Real estate in Kolkata, property in kolkata, Apartments in kolkata, Flats in kolkata
Kolkata financial hub to come up in New Town
Source: The Times of India, Kolkata Mar 12, 2012
Chief minister Mamata Banerjee laid the foundation stone of the international financial hub in New Town, Rajarhat, on Saturday. Once fully operational, the facility will connect to other financial hubs at London, Singapore and Dubai, state finance minister Amit Mitra said. ... more
Tag: Announcements News, Real estate in kolkata, property in kolkata, apartments in kolkata
Real estate continues to be one of the most profitable avenues to invest
Source: Source: The Economic Times Feb 11, 2012
Real estate continues to be one of the most vibrant and profitable avenues to invest in the country. Anuj Puri, the chairman and country head of global consultancy firm Jones Lang ... more
Tag: Announcements News, Real estate in india, property in india, indian properties
Developers going extra miles for customers in Mumbai
Source: Jan 14, 2012
The Mumbai real estate market has undergone several changes over time. Earlier, buyers were satisfied simply with the four walls of a home. Gradually, as aspirations rose, developers started providing various external and internal amenities, adding to the 'luxury' factor in property buying. ... more
Tag: Announcements News, Property in mumbai, mumbai real estate, mumbai apartments
Flat owners in Mumbai private forest land to pay more for regularization
Source: Jan 12, 2012
People who have bought flats built on private forest land in Mumbai have been asked to pay more money if they want their homes to be regularized. The balance amount is 50% above the earlier rate of Rs 6 per square foot. The increased amount is owing to the reclassification of the land on which these housing societies stand from barren to dense forest. ... more
Tag: Announcements News, Real estate in mumbai, apartments in mumbai, mumbai flats
Twenty projects to come up in Pune under 'GRIHA'
Source: Jan 12, 2012
As many as 20 residential projects will come up in Pune and Pimpri- Chinchwad areas developed on Green Buildings Concept under GRIHA (Green Rating for Integrated Habitat Assessment), said Dr. R.K. Pachauri, director-general, The Energy and Resources Institute (TERI). ... more
Tag: Announcements News, Pume property, apartments in pune, pune flats
Centre Expected to Bring Real Estate Regulation Bill this winter
Source: Sep 23, 2011
Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session. ... more
Tag: Announcements News, Centre, urbanisation, Goverment, loan
West Bengal cabinet clears land bill sans finance nod
Source: Sep 16, 2011
Though the state government's draft Land Acquisition and Rehabilitation Bill has major financial implications, it received the cabinet's stamp without mandatory clearance by the state finance department. ... more
Tag: Announcements News, Govermwnt, finance, State, land reforms
Delhi ready with 15,000 flats for poor
Source: Sep 05, 2011
The Delhi government has completed the construction of 15,000 flats for the rehabilitation of slum dwellers. The allotment of 7,000 flats will start in October ... more
Tag: Announcements News, Apartments in delhi, flats in delhi, property in delhi
Diwali Surprise: New Home Prices May Fall by 10-15%
Source: Aug 31, 2011
That dream home that you have waiting to buy may become a tad more affordable - new home prices could decline by between 10 to 15% by Diwali. Real estate companies that have accumulated huge ... more
Tag: Announcements News, Real estate in india, property in india, indian properties
Realty Slump Spells Boom Time for Foreign Investors
Source: Aug 29, 2011
Country's real estate sector might be witnessing ebbs but the downturn is only making things attractive for foreign investors. The slowdown, in fact, has set in more realistic valuations and growth-oriented investment opportunities for biggies to close in on lucrative deals. ... more
Tag: Announcements News, Real estate in india, Indian properties, property in india
ATS forays into Gurgaon, to launch two projects
Source: Aug 17, 2011
ATS group, a Noida-based real estate developer announced its foray into Gurgaon and has acquired two land parcels in the city - about 12.2 acres in Sector 109, and about 10.5 acres in Sector 104, with an investment of about Rs 540 crore. ... more
Tag: Announcements News, Real estate in Gurgaon, property in gurgaon, delhi ncr properties
Oberoi Group Partners with Mukesh Ambani-led Reliance Group for Hotel and Realty Ventures
Source: Aug 10, 2011
The Oberoi Group is headed towards a strategic partnership with Mukesh Ambani-led Reliance Group for developing hotels and real estate property complexes in Bangalore and Goa. The hotel and leisure group's patriarch, P R S Oberoi, said at a press conference ... more
Tag: Announcements News, Real estate in india. property in india, indian properties
Buildco to launch 125-acre Bhartiya City in Bangalore
Source: Jul 27, 2011
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. ... more
Tag: Announcements News, Real estate in Bangalore, apartments in bangalore, flats in bangalore, bangalore properties
Ghaziabad Based Project "Hi-tech City" in spotlight for acquisition of 8,700 acres of Land
Source: Jul 22, 2011
Fingers are now being raised at acquisition of 8,700 acres, spanning 18 villages in Ghaziabad, for a "hi-tech city" even as the Uttar Pradesh government faces flak for ... more
Tag: Announcements News, Real estate in Delhi NCR, property in Ghaziabad, Delhi ncr properties
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