Smart Cities to be accessible for Divyang citizens: Hardeep Singh

By Realty Quarter Bureau Shri Hardeep Singh Puri, Minister of State for Housing and Urban Affairs (I/C), has stressed on the need for integrating divyang-friendly measures in various projects being implemented in the Smart Cities in India. This, he said, is required at the initial project planning stage to ensure that cities become divyang-friendly, accessible and inclusive. He was speaking at an […]

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Top Property Investment Hotspots 2018 – West and North India

By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Real estate is a dynamic industry where things can change from year to year and even from quarter to quarter. The Indian real estate market has certainly been in flux after the recent policy upheavals. As such, investment decisions must necessarily move with the times. Here are 2018’s top-ranking real estate […]

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Poipet: The latest real estate boomtown in Cambodia

Cambodia’s northwestern border town of Poipet is fast becoming a rival to Sihanoukvillein terms of real estate development. Poipet, which borders Thailand and hosts an important border crossing between the two neighboring countries, is in the middle of a building boom. Casinos, hotels, commercial buildings, and residential developments are going up in different parts of the town, fueled by massive foreign […]

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Asian Paints net profits shows growth 35% in Q1 FY19

By Realty Quarter Bureau Asian Paints has registered a growth of 35 per cent in its net profit during the quarter ending June 2018. Its profit after tax (PAT) stood at Rs 542.63crore as against Rs 400.86crore it recorded in the corresponding quarter last year. Its net income was Rs 3,775.10crore during a said quarter, a 3 per cent rise from […]

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Bengal govt. spends Rs 1,372crore for green city projects

By Realty Quarter Bureau The West Bengal government has revealed that it has spent Rs 1,372 crores towards the green city project, based on the plans submitted by various municipalities to the Urban Development Department The Urban Development Department of West Bengal government has spent Rs 1,372crores towards the green city project, undertaken by various urban local bodies of the […]

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Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –U

By Realty Quarter Bureau The approval was given in a meeting of the Central Sanctioning and Monitoring Committee of PMAY (U), which was held under the chairmanship of Union Housing and Urban Affairs Secretary Durga Shanker Mishra. The Centre approved construction of nearly 2.67 lakh more affordable houses for the poor in 10 states under the Pradhan Mantri Awas Yojna(Urban), […]

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AAI close deal with Gujarat for Dholera airport project by next month

By Realty Quarter Bureau The Airports Authority of India (AAI) was likely to finalise a deal with the Gujarat government by next month for the proposed Rs 2,000crore Dholera airport, a senior state official said. “We have already sent the proposal to them (AAI) and they have accorded in-principle approval for it. We hope that by mid-August we will be able to finalise […]

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Increased Property Purchase Costs – Hype Vs. Reality

Anuj Puri, Chairman – ANAROCK Property Consultants Miracles have been known to happen when a chequebook lies on the negotiation table Stamp Duty Shocker On the real estate market, upward revisions of any kind can doubtlessly hurt. Let’s take the Maharashtra Government’s proposal to levy a surcharge of 1% on stamp duty, effectively raising it to 6% from the existing […]

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Vacant Affordable Housing – Causes (and Solutions?)

By Anuj Puri, Chairman – ANAROCK Property Consultants In any discussion about affordable housing in India today, the fact that a lot of such housing is actually lying vacant is bound to crop up. One may point out that, especially with the Government’s avowed intention of providing Housing for All by 2022, this supply should logically go towards bridging the affordable […]

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GVK in final terms of final closure for Navi Mumbai Airport

By Realty Quarter Bureau Navi Mumbai International Airport’s executive chairman, GVK Reddy, announced that the GVK Group had achieved financial closure for the construction of the first phase of the airport, on schedule. “This will now enable us to focus on the next steps, which is the construction and completion of the first phase, of yet another landmark airport in […]

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