Tag: #real estate

Flood Affected Area

The government of Maharashtra allocates Rs 7.14 crore in flood-affected districts.

August 17, 2019

By Abhay Shah, Realty Quarter The Pune division commissioner allocated Rs 7.14 crore in the context of compensation for flood aid announced by the State Government to the flood-ravaged districts of Pune, Satara, Sangli, Kolhapur and Solapur. The study and evaluation undertaken by the authorities noted that 22,962 families have been impacted in that division. Of […]

The government of Maharashtra allocates Rs 7.14 crore in flood-affected districts.more
Airport Plan

Government upcoming airport development plans in smaller cities, is it profitable to invest in such properties?

August 16, 2019

By Abhay Shah, Realty Quarter Nothing breaks the perspective of a new town as you move into it, whether you’re flying domestically or internationally. From the sky, Andheri streetlights are glowing like gold from Mumbai. Jackson Heights’ grid design just outside La Guardia in New York provides a feeling of its geography. And the region […]

Government upcoming airport development plans in smaller cities, is it profitable to invest in such properties?more
BSNL

Eight BSNL properties have been listed for sale at throwaway prices in Chennai.

By Abhay Shah, Realty Quarter BSNL Employees Union has asserted that a plan has been drawn up by the state-owned telecommunications operator to sell eight BSNL properties in prime locations at throwaway prices in Chennai. In addition to property parcels in Kilpauk, Royapettah, Egmore, and Ambattur, a list of recognized properties published by the union contain […]

Eight BSNL properties have been listed for sale at throwaway prices in Chennai.more
RBI

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.

August 14, 2019

By Abhay Shah, Realty Quarter On August 13, the Reserve Bank said housing finance companies (HFCs) will be treated for regulatory purposes as one of the categories of NBFCs and will be under their direct supervision. The Finance (No 2) Act, 2019 (23 of 2019) modified the National Housing Bank Act, 1987, which conferred on […]

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.more
DDA

DDA allows private developers to bid for its land parcels to build housing projects in Delhi.

By Abhay Shah, Realty Quarter With the Delhi Development Authority (DDA) enabling private builders to negotiate for their property holdings, homebuyers can now expect to buy modern apartments in the national capital. The DDA has endorsed the distribution of group housing society’s residential plots through e-auction to people, partnership companies, private and public limited or […]

DDA allows private developers to bid for its land parcels to build housing projects in Delhi.more
Taj Mahal Palace Mumbai

The Taj Hotel chain of Tata Group to sell assets as the economy weakens.

August 13, 2019

By Abhay Shah, Realty Quarter The Indian Tata Group controlled luxury hotel chain seeks to sell some assets and avoid owning new properties in order to keep debt as it slumps consumer expenditure. In an interview, Puneet Chhatwal, Managing Director and Chief Executive Officer, said Indian Hotels Co. Ltd, Tata’s listed company operating the Taj […]

The Taj Hotel chain of Tata Group to sell assets as the economy weakens.more
Godrej

Godrej Fund announced its final close of its $450 million for office development platform.

By Abhay Shah, Realty Quarter Godrej Fund Management (GFM), the Godrej Group’s private equity real estate arm, announced the second and final close of its $450 million office development platform on Tuesday. GFM and the current core Fund, Godrej Build to Core, can now invest over $1 billion in value in/develop office assets. This development has […]

Godrej Fund announced its final close of its $450 million for office development platform.more
Real estate

CREDAI and CBRE latest report reveals the real estate sector of India is on a growth path.

August 12, 2019

By Abhay Shah, Realty Quarter According to the CREDAI and CBRE report, the economic transition, employment expansion and urbanization in India will boost investment opportunities in the real estate sector in the coming decade, resulting in considerable growth in housing, office, retail and warehousing. Property consultant, CBRE has reported that the industry will grow tremendously until […]

CREDAI and CBRE latest report reveals the real estate sector of India is on a growth path.more