Indiabulls Real Estate buys 140 acre land in Gurugram

In a filing to the BSE, the Mumbai-based developer said that its wholly-owned subsidiary Loon Land Development Ltd has “entered into definitive agreement(s) to acquire a land parcel/development rights on approx 140 acre land, situated at Sector 79, Manesar, Gurugram, for development of integrated township and commercial building”. Indiabulls Real Estate recently reported a 23 per cent increase in its […]

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The government gives go-ahead to AIGP Developers (Pune) to set up IT/ITES special economic zone in Maharashtra

On September 12, the government approved the proposal of AIGP Developers (Pune) to set up IT/ITES special economic zone (SEZ) in Maharashtra. The total area allotted for the SEZ is more than 6.69 hectares. An official present at the meeting confirmed the news and said, “After deliberations, the board, chaired by the commerce secretary, approved the proposal of AIGP Developers […]

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SBI And LIC Offer Loans At Concessional Rates For Flood Affected Kerala

SBI, LIC Housing Finance and Muthoot Home are offering loans for concessional rates for renovating homes to help those affected in the flood-affected state of Kerala. SBI, LIC and Muthoot Home Monday are offering loans on concessional rates for the repair and renovation of homes for flood-affected Kerala. The SBI (State Bank of India) will offer special term loan at […]

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Singapore-based CapitaLand will be entering the US multifamily market with an $835 million acquisition

With rents showing zero signs of slowing down, the multifamily real estate market in the US has attracted some international investors. Two Australian companies Lendlease and First State Super worked in collaboration to launch an investment platform that plans to build a $2 billion multifamily portfolio in the US. Now, Asia’s largest real estate companies are also looking forward to investing in […]

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Hyderabad – the new growth corridor for real estate

“What do you need to makea location habitable? You need schools, health care and the necessary social infrastructure keeping children and dependents in mind. Working parents, however, do not mind traveling longer for work,” quipped a developer eulogizing the benefits of staying in and around Kokapet, a southwestern suburb of Hyderabad. What he stated is so true when one considers the situation in most major metros. Most […]

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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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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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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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Tamil Nadu will launch land pooling scheme for housing projects

By Realty Quarter Bureau With acquisition of private land becoming an expensive affair after implementation of the Land Acquisition, Rehabilitation and Resettlement Act, 2013, the state assembly has passed a bill for launching the Land Pooling Area Development Scheme for housing and infrastructure projects. The new provision in the Tamil Nadu Town and Country Planning Act would make land owners stakeholders in […]

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