Category: Current Affairs

Mumbai DP 2034 notified comes into force in 30 days

May 14, 2018

By Realty Quarter Bureau Mumbai Development Plan 2034 has been notified confirms the Municipal Commissioner Ajoy Mehta stating to the press, ‘’we are taking the last steps to bring the DP into effect. The maps have to be prepared.’’ Senior civic officers said that the original plan Annexure A had clerical errors and Annexure B […]

Mumbai DP 2034 notified comes into force in 30 daysmore

Highways ministry plans new more highways to reduce travel time between Gurgaon to Mumbai

By Realty Quarter Bureau The highways ministry has identified at least five Greenfield road networks connecting major industrial and manufacturing hubs, which will reduce the existing distance on these stretches up to 200 km. Last month, the government announced starting work on another Greenfield expressway connecting Gurgaon with Mumbai cutting the distance by almost 200 km, as per news […]

Highways ministry plans new more highways to reduce travel time between Gurgaon to Mumbaimore

Will the Banking Mess impact the Real Estate Sector?

By Shobhit Agarwal, MD & CEO –  ANAROCK Property Consultants From bad loans to loan defaulters to financial frauds and embezzlement, the Indian banking system seems to be in a crisis mode. And, needless to say, it will have a cascading effect on most sectors – including real estate. To build a project, developers largely […]

Will the Banking Mess impact the Real Estate Sector?more

Delhi witnessed most spectacular informative summit & awards on Green Sustainability

May 11, 2018

By Realty Quarter Bureau The progressive minds of the real estate industry came together to pave a road map to sustainable and technologically driven spaces. It was a summit packed with knowledge, industry insight and offered a holistic view and understanding of the entire ecosystem, across the globe. The summit stood witness to the coming […]

Delhi witnessed most spectacular informative summit & awards on Green Sustainabilitymore

Cheating complaints against builders cannot be termed as ‘’civil disputes’’ Mumbai High Court

By Realty Quarter Bureau Complaints filed by the public, where they allege of being cheated by a developer or builder, cannot be termed as ‘civil disputes’, the Bombay High Court has said The Bombay High Court’s justice Shahrukh Kathawalla, in an order passed last week, said that the police should not shirk away from their […]

Cheating complaints against builders cannot be termed as ‘’civil disputes’’ Mumbai High Courtmore

UP to Raise Rs 12,000crore for the Longest Expressway

By Realty Quarter Bureau As per the news reports, Yogi Adityanath government in Uttar Pradesh is looking to raise Rs 12,000 crore to fund the construction cost of the country’s longest expressway, the upcoming 341-km Poorvanchal Expressway from Lucknow to Ghazipur. The state government has issued an Expression of Interest (EoI) document, stating its intention […]

UP to Raise Rs 12,000crore for the Longest Expresswaymore

Jindal Steel & Power Ltd Posts Consolidated Net Profit of Rs5.5cr in Q4FY18

By Realty Quarter Bureau Jindal Steel and Power beat consensus estimates for both revenue and net profit in Q4FY18. Revenue grew by 27.3% yoy to Rs8, 599cr (expectation Rs8, 081cr). EBITDA stood at Rs2, 136cr, up 37.7% yoy against estimates of Rs2, 014cr. EBIDTA margin rose by 187bps yoy to 24.8%. Adjusted Net Profit stood […]

Jindal Steel & Power Ltd Posts Consolidated Net Profit of Rs5.5cr in Q4FY18more

NHAI to enter into Realty Developments

By Realty Quarter Bureau State run National Highways Authority of India (NHAI) plans to enter real estate development to leverage the sharp rise in land prices following the construction of expressways and national highways reports Mint. Till now, private developers were reaping benefits of this land price escalation that resulted from the connectivity provided by […]

NHAI to enter into Realty Developmentsmore
Investment

Dubai’s Relam Investment to invest USD 300 million in India

May 10, 2018

By Realty Quarter Bureau Dubai-based Relam Investment LLC has announced its entry into the Indian market, with an initial commitment to invest USD 300 million in the real estate and technology sectors, over the next five years Dubai-based Relam Investment LLC will make India its hub for investments in south-east Asian markets, its chairman and […]

Dubai’s Relam Investment to invest USD 300 million in Indiamore

Mumbai Salt Pan Lands

Prashant Thakur, Head – Research, ANAROCK Property Consultants Mitigating the Hazards of NDZ to Affordable Housing Bonanza After a year-long delay, the final draft of Greater Mumbai Development Plan (DP) 2034 recently saw the light of day. The highlights were the amendments in the development control regulations (DCR) in terms of increased FSI and the […]

Mumbai Salt Pan Landsmore