Category: New Projects

Thailand based real estate developer will be developing co-working space for Students and Startups.

November 30, 2019

Magnolia Quality Development Corporation (MQDC) a Thailand real estate development company is going to launch its first-ever co-working office space under the name Whizdom Club in India. It is being said that they will be developing two more properties in Delhi NCR and is assessing opportunities for property development. The first of the three proposed […]

Thailand based real estate developer will be developing co-working space for Students and Startups.more

DMRC: First organization in the world to register as a CDM project.

Delhi Metro Rail Corporation (DMRC) is now both a consumer and a producer of solar energy. Mangu Singh, its managing director, stated in an exclusive interview, not only utilizes 107 MW solar power to run trains, but it also produces 32 MW of solar energy. Of late, the DMRC was supplied with 77 MW of […]

DMRC: First organization in the world to register as a CDM project.more

Investment: How to avoid stalled project risk and evaluate the financial health of a developer’s project?

November 29, 2019

Despite India’s property sector being subjected to delayed and stalled housing projects, home buyers are in the need of checking the financial health of a builder, so as to prevent any uncertainty about its completion. “To avoid risks later it is extremely important for a buyer to verify a project’s financial health. See the company […]

Investment: How to avoid stalled project risk and evaluate the financial health of a developer’s project?more

Vista Spaces plans to acquire commercial and residential projects with DMI Alternative Investment.

November 28, 2019

In order to procure and develop commercial and residential projects in Bengaluru, Vista Spaces, who constructs premium real estate, has entered into a strategic partnership with DMI Alternative Investment Fund. The firms will collectively evaluate six projects to co-invest under the equity partnership. For two of these projects, they have already signed Memoranda of Understanding. […]

Vista Spaces plans to acquire commercial and residential projects with DMI Alternative Investment.more

Stressed property assets provide institutional investors with investment opportunities.

November 27, 2019

Institutional investors have set a solid beginning by investing over $1 billion in stressed property opportunities. The strategy is expected to progress with the more establishment of the law of Insolvency and Bankruptcy Code (IBC), which came into force in 2016. Companies with large liabilities have liquidated their real estate assets, which leads to new […]

Stressed property assets provide institutional investors with investment opportunities.more

ICRA report: Debt exposure of top realty firms reduces by 25% in the last three years.

A report from ICRA demonstrates that the total exposure of debt to the real estate sector has grown by 38% since the financial year 2017. But on the other hand, the debt levels for primary realty players on the list have fallen by 25% in the same period. The report showed that major listed real […]

ICRA report: Debt exposure of top realty firms reduces by 25% in the last three years.more

PMAY-Urban: Individual can check their housing subsidy application online through the CLSS Awas portal.

November 26, 2019

CLSS Awas portal was launched on 25 November by Union Minister Hardeep Singh Puri, through which people will be able to track their applications for housing subsidies under the Pradhan Mantri Awas Yojna (PMAY)-Urban. The Ministry of Housing and Urban Affairs said at the launch of the Credit Link Subsidy Scheme (CLSS) Awas Yojana that […]

PMAY-Urban: Individual can check their housing subsidy application online through the CLSS Awas portal.more

In two years, MMRC has completed 70% of the tunnelling for the Colaba-Bandra-SEEPZ Metro-3 route.

70% of tunnelling for the Colaba-Bandra-SEEPZ Metro-3 corridor was achieved by the Mumbai Metro Rail Corporation (MMRC). Approximately, 23 breakthroughs were completed in two years, totalling 38.25 km out of 55 km. The first and only fully underground corridor to overhaul the deteriorating urban transport and chock-a-block traffic in the city is Colaba-Bandra-SEEPZ Metro-3. On […]

In two years, MMRC has completed 70% of the tunnelling for the Colaba-Bandra-SEEPZ Metro-3 route.more

Analyst poll – Real estate sector is expected to bounce back modestly through the government measures.

November 22, 2019

According to an analyst poll by Reuters, The housing market in India, burdened by unfinished projects, as developers struggle to access money, is expected to recover modestly in the coming year on government efforts to unblock the market. The government has approved the 100 billion rupees ($1.4 billion) fund earlier this month to help clear […]

Analyst poll – Real estate sector is expected to bounce back modestly through the government measures.more

Western Railway plans to extend harbour line till Borivli by taking drone & geotechnical survey of the route.

November 21, 2019

In 2020, Western Railway will conduct a drone survey to stretch the Goregaon-Borivli Harbor Line, paving the way for more trains and increasing capacity. In the context of the Mumbai Urban Transportation Project (3A), Harbour line services were extended till Goregaon in April 2018. A senior WR said, “We had a pre-bid meeting on Wednesday with […]

Western Railway plans to extend harbour line till Borivli by taking drone & geotechnical survey of the route.more