Category: REAL ESTATE NEWS

ZiffyHomes.com home rental startup raises Rs. 200crore seed funding

February 24, 2018

By Realty Quarter Bureau Established in May 2015, the company relies on technology to hand-hold both landlords and tenants from searching for the right properties, to closing the tenancy contracts Gurgaon-based ZiffyHomes has raised seed funding of Rs 2 crore from a clutch of individual investors. The round was led by TradeIndia.com CEO Bikky Khosla and MD at Shree […]

ZiffyHomes.com home rental startup raises Rs. 200crore seed fundingmore

Hospitality major India Hotels Company enter Bhopal for its new ventures

February 22, 2018

By Realty Quarter Bureau Hospitality major Indian Hotels Company has announced its entry into Bhopal with the signing of a new 150-key hotel, Vivanta Bhopal, through a management contract with Genex Hotels. The company said the contract is in line with its strategic expansion plans for aggressive growth. This will be its first hotel in the MP capital. “Consolidating […]

Hospitality major India Hotels Company enter Bhopal for its new venturesmore

Piramal Finance wants to invest $2billion in affordable & mid income projects

By Realty Quarter Bureau Affordable housing is the need of the hour and looking at the present scenario Piramal Finance has targeted $2billion worth of deals that would finance the developers for constructing affordable projects. Piramal Finance, a subsidiary of Piramal Enterprises, has set up a separate vertical to invest in affordable and mid-income residential projects in major metros […]

Piramal Finance wants to invest $2billion in affordable & mid income projectsmore

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

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

Category: REAL ESTATE NEWS

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