Tag: #Investment

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

May 20, 2024

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more

Microsoft pays Rs 267 crore for land in Hyderabad, according to Real Estate News.

May 12, 2024

Microsoft Corporation reportedly paid almost Rs 267 crore to purchase 48 acres of land in Hyderabad. The land was bought from the Ranga Reddy district land aggregator Sai Balaji Developers, according to a document released by the data analytics company Propstack. Microsoft intends to build one of the largest data centers in the area as […]

Microsoft pays Rs 267 crore for land in Hyderabad, according to Real Estate News.more

Countrywide Promoters faces fines from Haryana RERA for deceptive advertising.

April 25, 2024

According to an official, Countrywide Promoters Private Limited has been fined Rs 50 Lakh by the Gurugram court of the Haryana Real Estate Regulatory Authority (HRERA) for releasing a deceptive newspaper advertisement about its real estate project, Green Oaks. The official further stated that the promoter received a show-cause notice from the government after it […]

Countrywide Promoters faces fines from Haryana RERA for deceptive advertising.more

Ahmedabad Municipal Corporation is in talks with Google for unique address code.

June 17, 2022

The popular quick response (QR) code is not going to be available by Google for every property that are listed inside the municipal limits. This includes all sorts of properties like Residential, Commercial, Chawls and Special Buildings. This is intended to provide a unique identification code for each property. The Ahmedabad Municipal Corporation (AMC) is […]

Ahmedabad Municipal Corporation is in talks with Google for unique address code.more

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.

August 25, 2021

On Monday, India and the Asian Development Bank (ADB) signed a $500 million loan agreement to extend Bengaluru’s metro rail network with the construction of two new metro lines totalling 56 kilometres in length. The agreement was signed by India’s Additional Secretary, Economic Affairs, Rajat Kumar Mishra, and the lender’s Country Director of ADB’s India […]

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.more

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.

August 5, 2021

Dubai: Buying property in Dubai is still relatively inexpensive for an investor from India or the United Kingdom, compared to what they would have paid in 2015. This is because Dubai house prices have fallen from their 2015 peak — and partly because these foreign investors are benefiting from currency swings. According to a new […]

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.more

Springfield City Group invites Indian IT companies to invest in Australia’s city Greater Springfield

July 31, 2021

Springfield, Queensland – 28 July 2021 – Springfield City Group (SCG), the master developer of Greater Springfield, in partnership with Australia India Business Council Ltd (AIBC), the peak body for promoting and enhancing bilateral trade relations between the two countries, aims to further build the Australia-India relationship by attracting world-leading Indian technology companies to Australia. […]

Springfield City Group invites Indian IT companies to invest in Australia’s city Greater Springfieldmore

Dubai’s real estate market is booming as wealthy Indians look for second homes.

July 20, 2021

Since 2017, Indians have been among the top three countries investing in real estate in the emirate. Despite the Covid-19 pandemic, rich Indians continue to invest in homes in Dubai since the emirate ranks first as a dream destination. Shajai Jacob, Chief Executive Officer (CEO), Gulf Cooperation Council (GCC), Anarock Property Consultants, a real estate […]

Dubai’s real estate market is booming as wealthy Indians look for second homes.more

D-Mart owner pays Rs 65 crore for freehold land conversion in Mumbai.

July 4, 2021

An only extremely rich individuals can afford this. R K Damani, the owner of the big retail chain D-Mart, has paid Rs 65 crore to convert 1.4 acres (7,634 sqm built-up area) of leased land to freehold. The state revenue department has levied a surcharge of 25% of the ready reckoner rate for the conversion. […]

D-Mart owner pays Rs 65 crore for freehold land conversion in Mumbai.more

Land and building investments are not covered under the PLI scheme.

June 5, 2021

Investments in land and buildings necessary for a project will not be included under the production linked incentive (PLI) scheme for ACs and LED lights, and will not be included when establishing a company’s eligibility to benefit from the program. This is part of the rules provided on Friday by the Department for Promotion of […]

Land and building investments are not covered under the PLI scheme.more

Tag: #Investment

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