By Realty Quarter Bureau US private equity (PE) behemoth Blackstone Group Lp said it has raised $9.4 billion for two Asia-focused private equity funds, signaling the increasing focus of the global private equity industry on Asia. Blackstone closed its first Asia private equity fund at about $2.3 billion, while it separately raised $7.1 billion for […]
Blackstone Raises $9.4 Bn for Asia Realty and PE Fundsmore
By Realty Quarter Bureau The government’s move to hike the carpet area of homes eligible for interest subsidy under the Pradhan Mantri Awas Yojana for the middle-income group, will give a much needed push to home sales, especially in tier-II and III cities, say experts The Ministry of Housing and Urban Affairs, on June 12, […]
Carpet area hike to push home sales in smaller cities says Housing Ministrymore
By Shobhit Agarwal, MD & CEO – ANAROCK Capital A decade ago (in 2007-08), prior to the global financial crisis hitting D-street, the Indian initial public offerings (IPO) market gave a stellar show with overall ₹41,300 crore funds raised, making India the 5th largest market in volume and 7th largest in value terms. Then the […]
Indian Real Estate’s IPO Revivalmore
By Anuj Puri, Chairman – ANAROCK Property Consultants The housing ministry’s decision to tweak the eligibility criteria for MIG-I and MIG-II home buyers for houses eligible for interest benefit under PMAY is a phenomenal move to boost sales of large-sized apartments. As per the revised norms, MIG-I category home buyers with household income between ₹ […]
Revised Flat Size Norms a Major Demand Boost for Larger Homes in Tier 2/3 Citiesmore
By Realty Quarter Bureau A Dubai-based group, MBM, will support the Maharashtra government’s ambitious Dharavi slum redevelopment project, along with other urban infrastructure initiatives, chief minister Devendra Fadnavis has said The chairman of Dubai-based MBM Group has shown his willingness to support the Dharavi slum redevelopment project, apart from other urban infrastructure initiatives of the state government, […]
Dubai’s MBM developer to support Dharavi slum re-development says state CMmore
By Realty Quarter Bureau Puravankara Ltd has announced a home exchange plan, as part of its Big 72 Hours Home Fest, between June 15 and 17, 2018, for home sellers who are looking to upgrade their homes In a first-of-its-kind initiative, real estate developer Puravankara Ltd has announced a Home Exchange Plan – an initiative […]
Purvankara to introduce home exchange plan as BIG 72 Hours Home Festmore
By Realty Quarter Bureau The Jaipur Development Authority has approved four new housing schemes on Friday in a project work committee meeting. It is expected that for the new schemes, applications could soon be asked by JDA and besides that plans for renovation of roads, sewerage lines, and electrification were approved. Under the housing scheme a total of 1250 […]
Jaipur Development body has approved 4 new housing schemesmore
By Realty Quarter Bureau Surat people will soon be able to fly abroad from their own city. With the central government notifying the airport as customs airport, it has now got the status of an international airport. Not only will it be good for tourists, the business community, essentially, will get a huge benefit. The […]
International Airport status to Surat Airportmore
By Realty Quarter Bureau Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development & Ganga Rejuvenation Nitin Gadkari is holding a two-day review of the ongoing National Highways projects at Goa. He will review over 700 projects with Project Directors, contractors/ concessionaires, state government officials and officials of NHAI and the Transport […]
Nitin Gadkari reviews progress of all the ongoing National Highways in Goamore
By Realty Quarter Bureau Hardeep S Puri, Minister of State (I/C) for Housing & Urban Affairs has stated that Smart City Center project is a unique component of the Smart City Mission which is helping in improved and efficient delivery of public services. He was speaking while chairing the Consultative Committee meeting attached to the […]
Smart City Centers are proving to be helpful in improved & efficient deliverymore
