Category: INDIA / WORLD

Blackstone Raises $9.4 Bn for Asia Realty and PE Funds

June 14, 2018

By Realty Quarter Bureau US private equity (PE) behemoth Blackstone Group Lp said it has raised $9.4 billion for two Asia-focused private equity funds, signaling the increasing focus of the global private equity industry on Asia. Blackstone closed its first Asia private equity fund at about $2.3 billion, while it separately raised $7.1 billion for […]

Blackstone Raises $9.4 Bn for Asia Realty and PE Fundsmore

Revised Flat Size Norms a Major Demand Boost for Larger Homes in Tier 2/3 Cities

June 13, 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants The housing ministry’s decision to tweak the eligibility criteria for MIG-I and MIG-II home buyers for houses eligible for interest benefit under PMAY is a phenomenal move to boost sales of large-sized apartments.   As per the revised norms, MIG-I category home buyers with household income between ₹ […]

Revised Flat Size Norms a Major Demand Boost for Larger Homes in Tier 2/3 Citiesmore

Dubai’s MBM developer to support Dharavi slum re-development says state CM

By Realty Quarter Bureau A Dubai-based group, MBM, will support the Maharashtra government’s ambitious Dharavi slum redevelopment project, along with other urban infrastructure initiatives, chief minister Devendra Fadnavis has said The chairman of Dubai-based MBM Group has shown his willingness to support the Dharavi slum redevelopment project, apart from other urban infrastructure initiatives of the state government, […]

Dubai’s MBM developer to support Dharavi slum re-development says state CMmore

Purvankara to introduce home exchange plan as BIG 72 Hours Home Fest

By Realty Quarter Bureau Puravankara Ltd has announced a home exchange plan, as part of its Big 72 Hours Home Fest, between June 15 and 17, 2018, for home sellers who are looking to upgrade their homes In a first-of-its-kind initiative, real estate developer Puravankara Ltd has announced a Home Exchange Plan – an initiative […]

Purvankara to introduce home exchange plan as BIG 72 Hours Home Festmore

Jaipur Development body has approved 4 new housing schemes

June 12, 2018

By Realty Quarter Bureau The Jaipur Development Authority has approved four new housing schemes on Friday in a project work committee meeting. It is expected that for the new schemes, applications could soon be asked by JDA and besides that plans for renovation of roads, sewerage lines, and electrification were approved. Under the housing scheme a total of 1250 […]

Jaipur Development body has approved 4 new housing schemesmore

International Airport status to Surat Airport

By Realty Quarter Bureau Surat people will soon be able to fly abroad from their own city. With the central government notifying the airport as customs airport, it has now got the status of an international airport. Not only will it be good for tourists, the business community, essentially, will get a huge benefit. The […]

International Airport status to Surat Airportmore

World Bank Loans India $500m for Rural Road Building

June 7, 2018

By Realty Quarter Bureau The Indian government and the World Bank have signed an agreement for a $500m loan to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) rural roads project. The project includes the construction of 7,000km of all-weather roads, half of which will be built using green technologies, including: Climate vulnerability […]

World Bank Loans India $500m for Rural Road Buildingmore

Telangana replaces about 4,000 transport vehicles with electric ones

June 6, 2018

By Realty Quarter Bureau The Telangana government plans to replace about 4,000 state-run public transport vehicles in Hyderabad, run on diesel, with electric vehicles in a phased manner, the state’s municipal administration minister has announced As an environment-friendly measure, the Telangana government is planning to phase out 3,800 Road Transport Corporation (RTC) vehicles in Hyderabad, the […]

Telangana replaces about 4,000 transport vehicles with electric onesmore

Government sets up special “advisory committee” to solve problems in real estate

June 2, 2018

By Realty Quarter Bureau Hardeep Singh Puri, Union Minister of State (Independent Charges) in the Ministry of Housing and Urban Affairs yesterday said that government has set up an “Advisory Committee” in western, eastern and southern region to solve existing problems of real estate. The minister was speaking at Global Investment Summit 2018 in Gurugram. The committees […]

Government sets up special “advisory committee” to solve problems in real estatemore

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