Embassy Property Developments could raise its investment trust joint-venture with Blackstone, Embassy Office Parks Reit, to as much as Rs 6,500 crore from the selling of office space. The area is part of the TechVillage Embassy in Bengaluru. Embassy Office Parks Reit CEO Michael Holland stated: “We got an offer from Embassy Sponsor and we are deciding […]
Embassy Office Parks Reit receives an offer of Rs 6,500 crore.more
Morgan Stanley, the global investment bank, has been taking up almost 800,000 sq. ft of office space at Mumbai’s suburb in Oberoi Realty’s Commerz project; it is one of the largest built-to-suit office space deals in the country. The contract is for 15 years, which includes a fixed term of 10 years and an option […]
Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.more
According to a survey, as many as 355 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns over Rs 3.88 lakh crore due to delays and other factors. Infrastructure projects worth Rs 150 crore and above are regulated by the Ministry of Statistics and Programme Implementation. Of those 1,623 projects, 355 […]
Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.more
Land banking consists of aggregating the plots or land blocks for future sales or construction at current or below-market rates. A land aggregator aggregates land-based on social infrastructure and demographic factors by monitoring the geographical and topological locations that are ready for investment. The land usually originates in an unprepared format to the aggregator, whereby the land […]
Entities involved in Land Banking and its effect on the real estate sector.more
Realty Quarter announce it’s 5th edition of Indian Property Expo on 16th & 17th november 2019 at Golden Petal Banquet Hall, 2nd Floor, Growels 101 Mall, Kandivali (East), Mumbai. Indian Property Expo is a platform in bringing together the whole of real estate from the sector across India backed by many Trade Associations, Financial Institutions, […]
Visit Biggest Indian Property Expo in Mumbai and Buy your dream home with special discount and offers.more
As a next central business area on the route of Bandra Kurla Complex (BKC), MMRDA is quickly developing the Oshiwara District Center (ODC). ODC aims to offer high quality residential, commercial and retail spaces, situated strategically between Goregaon and Andheri-Lokhandwala, with the new technological facilities, spread over 160 acres. ODC is intended to develop as […]
Oshiwara District Centre will be the next business hub in the line of BKC.more
In order to assure the safety and security of construction workers on the site, online registration and allocation of smart cards would be started in Maharashtra by next year. The labour welfare board will set up 41 centres across the state to allow workers to register themselves without any problems. Till now Aurangabad, Jalna, Worli, […]
Construction workers in Maharashtra will receive smart cards from 2020.more
Based on the ban on construction activities in the city to tackle air pollution, builders have stated that home buyers waiting to take possession of their dream house in Delhi-NCR will need to wait for three more months. The Environment Pollution (Prevention and Control) Authority, (EPCA) had enforced construction ban on last Tuesday, until Monday, […]
Delhi-NCR projects may get delayed by three months due to the construction ban.more
India Ratings and Research said in their reports that the home buyers will be benefited that are awaiting possession of their homes, by the India government’s decision to set up a Rs 25,000 crores fund to provide a priority for debt financing to complete stalled housing projects. The Fund would provide an alternative outlet to net-worth-positive […]
India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.more
Over 75,000 homebuyers of Amrapali, Jaypee Infratech and Unitech will not be eligible for support from Rs 25,000 crore stress funds in the National Capital Region, because of numerous conditions applied by the government under the scheme, said homebuyers and industry players. “Maybe these three players are not qualified, but the property sector is beyond […]
Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.more