Category: INDIA / WORLD

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

July 27, 2018

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 […]

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

Tamil Nadu will launch land pooling scheme for housing projects

July 11, 2018

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 […]

Tamil Nadu will launch land pooling scheme for housing projectsmore
Bengaluru

At Bengaluru’s Yelahanka, sound planning drives real estate growth

By Prashant Thakur, Head – Research, ANAROCK Property Consultants  Despite new launches decline, property prices in Yelahanka did not correct significantly and actually appreciated by 9% in the past 2 years Existing since the 12th century, Yelahanka is closely linked with the origin of Bengaluru. The book ‘Bengaluru to Bangalore’ by T.V. Annaswamy mentions that […]

At Bengaluru’s Yelahanka, sound planning drives real estate growthmore

Telangana RERA portal to be launched on August 1

July 4, 2018

By Realty Quarter Bureau The much awaited Telangana Real Estate Regulatory Authority is soon going to been launched on August1. The Telangana government had issued the rules and appointed a temporary regulatory authority a few months ago, Rera rules are not being implemented in the state as of now. A web portal is required for the registration […]

Telangana RERA portal to be launched on August 1more

Hong Kong will impose vacancy tax on the empty new flats

July 2, 2018

By Reuters Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in the world’s least affordable property market. The tax, at 200 % of a newly built unit’s rateable value, which is the […]

Hong Kong will impose vacancy tax on the empty new flatsmore

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 […]

Gurugram Real Estate – Q1 2018 vs Q1 2017more

South based developer Sumadhara Group ropes in M S Dhoni as brand ambassador

June 29, 2018

By Realty Quarter Bureau Real estate developer Sumadhura Group has roped in the former captain of the Indian cricket team that won the World Cup and current captain of the Chennai Super Kings, MS Dhoni, as its first brand ambassador to represent the brand in all their national campaigns, in a multi-year engagement. The Sumadhura […]

South based developer Sumadhara Group ropes in M S Dhoni as brand ambassadormore

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 […]

Mumbai city most expensive for expats: Mercer surveymore

Haryana housing societies have to charge Rs 10,000 as transfer fee

June 27, 2018

By Realty Quarter Bureau The Haryana government has notified the Haryana Registration and Regulation of Societies (Amendment) Rules, 2018, under which housing societies cannot charge more than Rs 10,000 as transfer fee in case of change of ownership of an apartment. According to the notification issued last week, the Society will also fix maintenance charges. These charges […]

Haryana housing societies have to charge Rs 10,000 as transfer feemore

New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercials

By Realty Quarter Bureau FDI-funded realty firm Brahma group is entering commercial real estate space and will invest Rs 1,700 crore to develop an office-cum-retail project at Gurugram. New York-based Brahma group is an asset management company focusing on the Indian real estate sector. The company is developing over 200 acre township project at Panchkula in partnership with real […]

New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercialsmore