Category: REAL ESTATE NEWS

Government plans to sell Air India’s iconic building to JNPT

June 29, 2018

By Realty Quarter Bureau The government has started discussions, for the sale of Air India’s iconic building in Mumbai to the country’s biggest container port JNPT, as part of its efforts to raise funds for the cash-strapped national carrier, sources said. Official sources revealed that the proposal has received an in-principle approval from Prime Minister […]

Government plans to sell Air India’s iconic building to JNPTmore

3.5lakh homes are been sanctioned every month states housing minister

June 27, 2018

By Realty Quarter Bureau The ​ Prime Minister Awas Yojana (PMAY) Scheme To Hand-Over 1 Crore Homes By December 2018: Says The Union Minister Of State For Urban Affairs Minister, Shri Hardeep Singh Puri ; Ministry Sanctions About 3-5 Lakh Homes Every Month The Minister of State (Independent Charge), Ministry of Housing and Urban Affairs, […]

3.5lakh homes are been sanctioned every month states housing ministermore

NIIF plans to invest $200 million in HDFC Capital promoting affordable housing

By Realty Quarter Bureau National Investment and Infrastructure Fund (NIIF), the government-sponsored domestic funding agency, is in talks with HDFC Capital to invest in a fund that will promote affordable housing. NIIF on Sunday had announced an infusion of $200 million, in two tranches, from Asian Infrastructure Investment Bank (AIIB) into a fund of funds (FoF) that […]

NIIF plans to invest $200 million in HDFC Capital promoting affordable housingmore

Co-working – a Threat to Conventional Offices?

By Anuj Puri, Chairman – ANAROCK Property Consultants Co-working spaces have redefined the work culture globally and India is one of the most fertile grounds for the growth of this new work environment option. From simple workplace with ungainly desks and chairs to much better-utilized spaces, automation and even added recreational facilities, office space structures in […]

Co-working – a Threat to Conventional Offices?more

Haryana housing societies have to charge Rs 10,000 as transfer fee

By Realty Quarter Bureau The Haryana government has notified the Haryana Registration and Regulation of Societies (Amendment) Rules, 2018, under which housing societies cannot charge more than Rs 10,000 as transfer fee in case of change of ownership of an apartment. According to the notification issued last week, the Society will also fix maintenance charges. These charges […]

Haryana housing societies have to charge Rs 10,000 as transfer feemore

New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercials

By Realty Quarter Bureau FDI-funded realty firm Brahma group is entering commercial real estate space and will invest Rs 1,700 crore to develop an office-cum-retail project at Gurugram. New York-based Brahma group is an asset management company focusing on the Indian real estate sector. The company is developing over 200 acre township project at Panchkula in partnership with real […]

New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercialsmore

Gujarat announced its Solar-Wind hybrid power policy

June 25, 2018

By Realty Quarter Bureau The Gujarat government has announced a new solar plus wind hybrid power policy in a bid to promote the simultaneous production of wind and solar power in the state, as per news report. Under this policy, various benefits can be achieved by developers for a period of 25 years or through […]

Gujarat announced its Solar-Wind hybrid power policymore

Capacit’e Infraprojects & Tata bags Mhada order worth Rs. 11,744crore

By Realty Quarter Bureau Construction firm Capacit’e Infraprojects in a consortium with Tata Projects and CITIC Construction has bagged an order worth Rs 11,744.26 crore from the Maharashtra Housing and Area Development Authority. “The project will be executed through a special purpose vehicle in which Capacit’e Infraprojects Ltd will have 37.1 per cent share worth Rs 4,357.12 crore,” the company said in a […]

Capacit’e Infraprojects & Tata bags Mhada order worth Rs. 11,744croremore
Co-working Space

Knight Frank Reports increase in Co-working spaces in next 3 years

By Realty Quarter Bureau According to a report by property consultant Knight Frank, co-working companies took up two million sq ft space in the first quarter of 2018 itself, which has exceeded the annual tally of 2017 at 1.8 million sq ft. “With the expansion plans of major players and the increasing appetite for this […]

Knight Frank Reports increase in Co-working spaces in next 3 yearsmore

Wall crashes of Mumbai high-rise complex Llyods Estate in Wadala due to heavy rainfall

By Realty Quarter Bureau A portion of wall collapsed this early morning at 4:45 am of a high rise building Llyods Estate in Wadala due to heavy rainfall caving almost 20 cars parked under it. The incident happened early morning where all the residents where in deep sleep but luckily there were human injuries. Brihan […]

Wall crashes of Mumbai high-rise complex Llyods Estate in Wadala due to heavy rainfallmore