By Realty Quarter Bureau Asian Paints, which is investing around Rs 5,000 crore as part of expansion plans, said it sees some signs of recovery and is hopeful of better demand conditions in the second half after a challenging first six months of FY18. “There are signs of some recovery towards the latter part of […]
Asian Paints sees boost in second half of FY18: reportsmore
By Realty Quarter Bureau The company also plans to launch about 1,350 plots next year in two projects and expects a sales realization of about Rs 600crore, its managing director Ravindra Pai said. Century Real Estate, which has a huge land bank in Bengaluru, will enter affordable housing segment and invest Rs 1,100 crore to develop 7,000 homes […]
Century Real Estate Group investing 1,100crore in affordable segmentmore
By Realty Quarter Bureau The Centre approved the detailed project report (DPR) of Pimpri Chinchwad Municipal Corporation (PCMC) for construction of houses under the Pradhan Mantri Awas Yojana (PMAY) within 19 days of its submission. The proposal for constructing 3,664 houses in the first phase under PMAY was approved by the technical committee of the […]
Pune Municipal Corporation to get 3,664 houses under PMAY yojanamore
By Realty Quarter Bureau In a move that is expected to help better implementation of Pradhan Mantri Awas Yojana (PMAY) in the state, the Maharashtra government has appointed Directorate of Municipal Administration (DMA) as the second nodal agency for the policy. Earlier Maharashtra Housing and Area Development Authority (MHADA) was the only nodal agency looking […]
CM appoints second nodal agency to expedite PMAY yojana in statemore
By Realty Quarter Bureau The amendment Bill seeks to mandate the BIADA to purchase non-agricultural land and hand it over to industrialists after developing infrastructure facilities on it. Land procurement for setting up industrial unit in Bihar is set to be easier once the Bihar Industrial Area Development Authority (amendment) Bill, passed by the state legislature comes into […]
Setting up industries more easier on Bihar landmore
By Realty Quarter Bureau BMC has come up with a new policy to make all the new buildings equipped with fire resistant evacuation lifts compulsory for buildings above 70meters (22floorsapprox) for fire emergencies. The lifts will have additional power backup, fire-resistant cabins and glass, which will help firemen reach to affected floors and rescue victims. […]
Fire resistant evacuation lifts must in new building: BMC new policymore
By Realty Quarter Bureau The Housing and Urban Affairs Ministry has till now announced the names of 90 cities under the scheme and each city will get Rs 500 crore as central assistance for implementing projects The Centre will announce the next set of 10 cities for funding under the Smart City Mission by January-end, a top […]
10smart cities name to be announced by Jan –end, says UD ministrymore
By Realty Quarter Bureau Edelweiss Alternative Asset Advisors, part of diversified financial services firm Edelweiss Group, deals in alternative private Debt, across special opportunities, real estate and distressed assets credit space Edelweiss Alternative Asset Advisors said it has raised Rs 500 crore through its onshore alternative investment fund — Edelweiss Real Estate Opportunities Fund. The fund […]
Edelweiss raises Rs 500 crore through its real estate fundmore
By Realty Quarter Bureau The realty sector was not expecting any reduction in key interest rates by the RBI, but any policy loosening could have provided a big thrust to the housing market facing a multi-year slowdown, say property builders and consultants. Nonetheless, the developers are optimistic that there is still room for banks to bring […]
Rate cut have allowed potential buyers to invest in property, says Industrymore
By Nimisha Gupta, Editor-in-Chief REALTY QUARTER aims to recognize and reward Real Estate Developers extreme professionalism and business acumen. Real Estate Industry Leadership Award 2017 partnering with Reliance 92.7 BIG FM provides a unique platform in media to the real estate players and gives excellent opportunity in their best respective arena to network and profit […]
REALTY QUARTER presents Real Estate Industry Leadership Awards 2017 in association with Reliance 92.7BIGFMmore