Category: REAL ESTATE NEWS

Runwal Group sells 4 flats worth 240crore to Taparia family of Mumbai

February 22, 2018

By Realty Quarter Bureau In the biggest residential transaction in recent times, a business family has concluded a bulk deal to buy four apartments in an upcoming residential tower at Nepeansea Road for Rs 240 crore. Real estate sources said the Taparia family’s flats bought from the Runwal Group are between the 28th and 31st floors of the luxury tower The Residence. […]

Runwal Group sells 4 flats worth 240crore to Taparia family of Mumbaimore

Magnetic Maharashtra gives MMR region 5.5lakh housing units by 2022

By Realty Quarter Bureau The global summit happening Magnetic Maharashtra Convergence 2018 inked a Memorandum of Understanding with two leading Builder’s body MCHI-CREDAI & NAREDCO The Mumbai Metropolitan Region (MMR) may witness a huge surge of affordable housing in next some years of development of about 5.5lkah units. The state government has signed a pact […]

Magnetic Maharashtra gives MMR region 5.5lakh housing units by 2022more

2018 – A Year of Consolidation for Smaller Developers

By Anuj Puri, Chairman – ANAROCK Property Consultants Consolidation is the process of combining a number of separate parts into a single, more effective or coherent one. Whenever there is consolidation in any sector, the general perception is that everything is going down the drain. However, the reality is that this process usually happens at […]

2018 – A Year of Consolidation for Smaller Developersmore

PNB is looking to monetize its real estate assets to cope up the fraud

By Realty Quarter Bureau The bank has a giant office space in New Delhi worth an estimated 50 billion rupees ($778.63 million). The bank would look to sell assets through a tendering process India’s fraud-hit Punjab National Bank is considering monetising its real estate assets, including a giant office space in New Delhi worth an estimated 50 […]

PNB is looking to monetize its real estate assets to cope up the fraudmore

State Govt. sets up State Wetland Authority

February 21, 2018

By Realty Quarter Bureau Maharashtra government has set up a 21 member Maharashtra State Wetland Authority (MSWA) under the environment ministry for regulating the wetlands available. The move comes after the Union Ministry of environment, forest, and climate change notified the Wetland Rules 2017 in the month of September. The new rules have replaced the […]

State Govt. sets up State Wetland Authoritymore

State Government higher the FSI to attract the private players for development of industrial land parcels

By Realty Quarter Bureau The state government today announced incentives to attract private players to acquire and develop the small parcels of land under the Integrated Industrial Area Policy. The state cabinet approved several changes to the 2013 policy to make it more lucrative and attractive. The FSI (Floor Space Index) for such projects has […]

State Government higher the FSI to attract the private players for development of industrial land parcelsmore

Blackstone buys 49% of Indiabulls office rental business for $60 million

By Realty Quarter Bureau Blackstone Group world’s largest private equity firm is all set to buy 49% of stake in the office rental business of Indiabulls Real Estate in a $600-650 million deal taking the entire portfolio around $1.2 billion. This transaction will include landmarks in Mumbai Lower Parel such as One Indiabulls Centre and […]

Blackstone buys 49% of Indiabulls office rental business for $60 millionmore

Factors That Can Negatively Impact Property Investment Profits

By Anuj Puri, Chairman – ANAROCK Property Consultants Real estate investors need to be an exceptionally canny lot, since various factors can negatively affect the value of one’s real estate assets. Being aware of these – and making suitable provisions and allowances for them – is an inalienable part of successful property investment. The rising cost […]

Factors That Can Negatively Impact Property Investment Profitsmore

Ambuja Cement sees profit in Q3 up to 77% to Rs 478crore

By Realty Quarter Bureau Part of the Swiss cement giant LafargeHolcim, the company had clocked a net profit of Rs 270.08 crore in October- December a year-ago, Ambuja Cement reported Ambuja Cement yesterday reported 77.12 per cent increase in consolidated net profit to Rs 478.39crore for the third quarter ended December 31, helped by volume […]

Ambuja Cement sees profit in Q3 up to 77% to Rs 478croremore

Cabinet gave a final nod of National Urban Housing Fund

By Realty Quarter Bureau The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given approval for creation of National Urban Housing Fund (NUHF) for Rs.60, 000crores. This fund will be situated in Building Materials and Technology Promotion Council (BMTPC), an autonomous body registered under the Societies Registration Act, 1860 under the Ministry of […]

Cabinet gave a final nod of National Urban Housing Fundmore

Category: REAL ESTATE NEWS

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