Saha Groupe to invest Rs 160 crore for housing project in Noida

New Delhi: Realty firm Saha Groupe will invest about Rs 160 crore on construction of its new housing project in Noida on 6.25 acre land that the company bought from another real estate company Logix. The company would construct 480 units in its new housing project ‘Eminence’ at Noida Sector 150, which is coming up as a new residential hub […]

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MahaRERA warns builders to update their registered projects on their website else pay 10 percent of their project cost as penalty

Earlier this year, the Maharashtra Real Estate Regulatory Authority (MahaRERA) had fined eight builders in Mumbai for advertising their real estate projects as a non-registered project. And now, it looks like registered builders in Mumbai and Maharashtra will face massive penalties if they don’t update or make corrections to their projects on the MahaRERA website. As per MahaRERA rules, updation […]

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Engineering Process Outsourcing opportunity at India Construction Festival on October 24-25 at Taj Palace, New Delhi.

More than 200 leading construction companies from 10 countries, including Germany, USA, China, and Canada, will come together to discuss the US$ 170 billion Engineering Process Outsourcing opportunity at India Construction Festival on October 24-25 at Taj Palace, New Delhi. The mega Festival is supported by Ministry of Commerce, Engineering Export Promotion Council, US India Business Council, Builder’s Association of […]

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Gurugram Real Estate – Q1 2018 vs Q1 2017

By Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Residential Real Estate The Millennium City of Gurugram has a very prominent place on India’s residential real estate map and is considered a bellwether of the state of the market for NCR. If we study what happened in the city’s housing market in the first quarter of 2018 against the same period in 2017, […]

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Mumbai city most expensive for expats: Mercer survey

By Realty Quarter Bureau Mumbai is the most expensive city for expatriates in India, according to a global consulting firm’s Cost of Living Survey, released on June 26, 2018, with Hong Kong topping the list as the world’s costliest city to live. Mumbai has moved up two spots and is listed 55th, higher than cities like Melbourne (58), Frankfurt (68), […]

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Knight Frank Reports increase in Co-working spaces in next 3 years

By Realty Quarter Bureau According to a report by property consultant Knight Frank, co-working companies took up two million sq ft space in the first quarter of 2018 itself, which has exceeded the annual tally of 2017 at 1.8 million sq ft. “With the expansion plans of major players and the increasing appetite for this format from occupiers, property owners […]

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Indian Malls – Change is the Only Constant

By Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers learn through trial and error […]

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Realty 2018 – Can NCR Deliver on its Promises?

By Prashant Thakur, Head – Research, ANAROCK Property Consultants  Project delays are one of the most alarming issues historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated funds to other projects and tepid sales are some of the predominant factors resulting in project delays. […]

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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 per the Economic Survey of […]

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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 (Independent Charge) Hardeep Singh Puri […]

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