Category: News Launches

Online Selling

Realty developers to advertise and close the housing deals via digital platforms.

March 24, 2020

Realty developers are now advertising their latest releases through digital platforms, as the Covid-19 outbreak and the predicted reduced amount of visits of homebuyers at their sales offices provide no relief. Several major developers such as Godrej Properties, Total Environment Building Systems, and Prestige Group have introduced digital site tours, confirmations and verifications from email […]

Realty developers to advertise and close the housing deals via digital platforms.more
construction workers

Realtors’ body rules to provide wages to the construction workers even though they are off work due to COVID19.

March 21, 2020

Realty developers body the Confederation of Real Estate Developers Association of India (CREDAI) has opted to pay construction staff even though they are off work owing to sickness or work stoppage at the site in the context of ongoing coronavirus mayhem. CREDAI has mentioned in a letter to members of its realty developers that this change would […]

Realtors’ body rules to provide wages to the construction workers even though they are off work due to COVID19.more
Metro Construction

Pune Municipal Corporation standing committee allocates Rs 230 crore for Metro extension.

The Pune Municipal Corporation’s standing committee has issued its go-ahead to allot Rs 233.75 crore for the Swargate-Katraj Metro extension, which is estimated to cost Rs 4.283 crore. The Standing Committee also sought the consent of the general body to delegate the operation of the project to Maharashtra Metro Rail Corporation (MahaMetro) and present the […]

Pune Municipal Corporation standing committee allocates Rs 230 crore for Metro extension.more
Co-working Space

US-based company Kovorks partnered with Marvel Infrabuild to develop India’s largest co-working space in Bengaluru.

March 19, 2020

US-based flexible office space provider Kovorks collaborated with city-based Marvel Infrabuild to create India’s largest coworking facility with a capacity of around 25,000 desks. The new luxurious co-working space would extend across 15,000,00 sqft at Whitefield main road. Kovorks already runs versatile offices in seven locations in the US and Malaysia. “India’s co-working market has […]

US-based company Kovorks partnered with Marvel Infrabuild to develop India’s largest co-working space in Bengaluru.more
Investment

Lodha Ventures backs MultiLiving startup by investing Rs. 45crore.

March 13, 2020

Lodha Ventures, the investment arm of Mumbai-based property developer Mangal Prabhat Lodha family, has invested Rs 45 crore in MultiLiving, a luxury service apartment startup. MultiLiving provides a network of luxury designed residences for urban professionals. The property business operates in Lower Parel, Powai, BKC, Kanjurmarg, and Vikhroli at the moment in Mumbai. “MultiLiving is […]

Lodha Ventures backs MultiLiving startup by investing Rs. 45crore.more
Under-construction Building

Construction work freezes in China due to epidemic prevention.

March 12, 2020

In February, construction operations in China halted when the government prolonged the lunar New Year break and urged residents to remain indoors for a coronavirus epidemic preventive. The flu-like disease began from central Wuhan has killed 3,158 people and affected over 80,000 in mainland China. Japan’s Komatsu report, one of the most significant manufacturers of […]

Construction work freezes in China due to epidemic prevention.more