Category: Current Affairs

TATA group wins the BDD chawls re-development bids

June 1, 2018

By Realty Quarter Bureau “The Tata-led consortium is the successful L1 bidder for the Worli BDD Chawls project. They quoted a rate of Rs 49,617 per sq m of construction area, while a consortium led by ACC India and the Lebanon-based Arabian Construction Company Holding Ltd quoted Rs 53,810 per sq m,” a senior Mhada official said. Also in […]

TATA group wins the BDD chawls re-development bidsmore

Centre approves construction of 1.5lakh houses for urban poor

By Realty Quarter Bureau The Centre has approved the construction of 1.5 lakh houses for the urban poor under the Pradhan Mantri Awas Yojana (Urban), taking to 47.52 lakhs the tally of houses under the programme so far, the Housing and Urban Affairs (HUA) Ministry said. The latest approval entails an investment of Rs 7,227crores […]

Centre approves construction of 1.5lakh houses for urban poormore
Distressed Property Auctions

A Closer Look at Distressed Property Auctions

By Shobhit Agarwal, MD & CEO – ANAROCK Capital We often hear of banks auctioning off seized distressed properties, and how such properties can be lucrative investments as they come at very attractive prices. Studying the market of distressed properties is not very easy, but there are some areas of predictability. The ‘supply’ of distressed […]

A Closer Look at Distressed Property Auctionsmore

Indian Ocean Port to be developed with help of Indonesia

May 31, 2018

By Realty Quarter Bureau Indonesia and India pledged to step up defence and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing […]

Indian Ocean Port to be developed with help of Indonesiamore

ICRA reports cement output growth 6.3% in FY18

By Realty Quarter Bureau By improving demand, domestic cement output grew 6.3 per cent to 298 million tonne (MT) in 2017-18, according to credit rating firm Icra. It also said that going by the prevalent trend, the growth momentum is expected to continue in the current financial year and the industry is likely to report a growth of 6 %. […]

ICRA reports cement output growth 6.3% in FY18more

Cabinet approves the MoU between India & France Renewable Energy

May 30, 2018

By Realty Quarter Bureau The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and France in the field of Renewable Energy on 10th  March, 2018 in New Delhi.   Both sides aim to identify research/ demonstration/ pilot project between National Institute […]

Cabinet approves the MoU between India & France Renewable Energymore

Undri, Pune – from Nondescript Hamlet to Residential Hotspot

By Prashant Thakur, Head – Research, ANAROCK Property Consultants  Located in south-eastern peripheries of Pune, Undri was once a small and unremarkable village outside the Pune municipal corporation limits. After opposition from residents regarding merging of Undri into the Pune Municipal Corporation (PMC) in 1997, it was demerged in 2002. In 2017, Undri came under […]

Undri, Pune – from Nondescript Hamlet to Residential Hotspotmore

Delhi-NCR – The Growth Story Continues

By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Despite being hit by the overall slowdown in the real estate market and seeing price corrections up to 10% in most areas, Delhi-NCR continues to be attractive to end-users and investors. Being the national capital, Delhi attracts migrants from all across the country. In fact, as […]

Delhi-NCR – The Growth Story Continuesmore

Delhi Metro Magenta Line inaugurated on May 28

By Realty Quarter Bureau The 24.82-km Kalkaji Mandir-Janakpuri West stretch of Delhi Metro’s Magenta Line, was inaugurated on May 28, 2018, which will bring the domestic terminal of the city airport on the DMRC network and cut travel time between Noida and Gurgaon by at least 30 minutes. Union Minister for Housing and Urban Affairs […]

Delhi Metro Magenta Line inaugurated on May 28more

First phase of Delhi-Meerut Expressway, and the Eastern Peripheral Expressway, inaugurated by PM

May 29, 2018

By Realty Quarter Bureau The first phase of the Delhi-Meerut Expressway, and the Eastern Peripheral Expressway, was inaugurated by Prime Minister Narendra Modi, on May 27, 2018 Prime Minister Narendra Modi has inaugurated the first phase of the Rs 7,500-crore Delhi-Meerut Expressway that is expected to reduce travel time considerably. Modi, after inaugurating the 14-lane […]

First phase of Delhi-Meerut Expressway, and the Eastern Peripheral Expressway, inaugurated by PMmore