Tag: realty quarter

Bombay High Court Image

Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.

September 10, 2020

On 8 September, Bombay High Court ordered MMRDA “for further stalling of road-widening work on a property owned by a housing society” in Kurla, after alleging that the government had “high-handedly” taken over 700 square metres. The work is carried out in an extended road from Kurla to Vakola on a road between Santacruz and […]

Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.more
Real Estate Market

The new real estate hotspot, Hyderabad Pharma City (HPC).

September 8, 2020

The new real estate hotspot of the city is a 30-km stretch along the Srisailam Highway— 45 minutes from Gachibowli. Reason: the Hyderabad Pharma City (HPC). Although this large ticket business has been underway in Dasara for sometimes, government officials have confirmed it is finally being routed. This led to major activities along the highway, […]

The new real estate hotspot, Hyderabad Pharma City (HPC).more
MUFG Bank

Adani Realty leases 30,000 sqft of space to Japanese largest bank MUFG.

September 7, 2020

The largest bank of Japan MUFG pick up 30,000 sqft of space on rent for 10 years for approximately Rs 90 crore at the commercial building in Adani Realty at BKC, sources said. After many years in Nariman Point, the bank that started operations in Mumbai in 1953 relocates its Indian headquarters to BKC. Established […]

Adani Realty leases 30,000 sqft of space to Japanese largest bank MUFG.more
IL&FS

IL&FS wishes to fetch Rs 1,500 crore by selling its headquarters in Mumbai.

September 4, 2020

Crisis-hit IL&FS will be inviting initial bids to sell its corporate headquarters in the Bandra-Kurla Complex (BKC) in Mumbai at the end of this month, almost two years after the debt-ridden infrastructure lender folded, two people with direct development knowledge said. By the end of this financial year, the organisation aims to monetise the high-end […]

IL&FS wishes to fetch Rs 1,500 crore by selling its headquarters in Mumbai.more
Layoff

PNB Housing Finance plans to lay off around 5-7% of its employees to streamline costs.

September 3, 2020

The PNB Housing Finance mortgage lender is intended to lay off around 5-7% of its employees to an apparent effort to streamline costs as the business is declining, joining an extensive number of firms which trimmed their workforce over the last six months. On Wednesday, barely a month after Hardayal Prasad began taking as chief […]

PNB Housing Finance plans to lay off around 5-7% of its employees to streamline costs.more

BBMP plans to launch smart parking on 10 CBD roads in a month.

September 2, 2020

Smart parking is going to be launched on 10 CBD roads in a month. BBMP planned to introduce the system on 85 roads with a particular emphasis on Central Business District (CBD). Initially, the facility is accessible on 10 roads. The project is being implemented according to the Public-Private Partnership (PPP) model and includes the […]

BBMP plans to launch smart parking on 10 CBD roads in a month.more
Scam Image

GMDA initiates Geographical Information System to prevent land scams.

September 1, 2020

In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]

GMDA initiates Geographical Information System to prevent land scams.more
Property for rent

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).

August 31, 2020

Soon, students in Gujarat and those coming from other states will be likely to take advantage of rental homes at a much cheaper price than the market price. The Gujarat Government is expected to announce its latest Affordable Rental Housing Complex (ARHC) scheme within a week or two. Under the ARHC program, the organization is […]

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

ICRA predicts overall real estate inventory to decrease by 40-60%.

August 29, 2020

ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]

ICRA predicts overall real estate inventory to decrease by 40-60%.more
Design Thinking

Design Thinking: A Step Up For Entrepreneurs

A journey from an Entrepreneur to an Artrepreneur !! Entrepreneurship is a marathon and when one starts thinking entrepreneurial, the marathon gets even better. From professionals to Entrepreneurs and now Artpreneurs, here is an inspiring story of a few young minds from Mumbai, India. Background ‘ASA’ is an established Architecture and Interior Design Studio formed […]

Design Thinking: A Step Up For Entrepreneursmore