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Rajasthan’s 31 districts feature among top 100 in India Real Estate News ET RealEstate

GENERAL NEWS /

JAIPUR: In a first, all districts of Rajasthan, except two, featured among the top 100 districts in the country in terms of performance under Pradhan Mantri Awas Yojana-Grameen (PMAY-G), states data received from the rural development department. Also, six districts of Rajasthan featured among the top 10 districts, 14 among the top 25 and 22 […]

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Shifts in real estate sector over the years

GENERAL NEWS /

By: Anshuman Magazine Following a new political dispensation coming to the helm of affairs earlier this year, a forward-looking budget favouring investments and economic reforms soon after and the more recent green shoots of economic recovery — it seems India’s economy has finally begun to roll. India’s gross domestic product (GDP) during the first quarter (April–June)

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Ashiana Housing buys 22 acre land parcel in Gurgaon Real Estate News ET RealEstate

GENERAL NEWS /

Ashiana Housing had bought a 22 acre land parcel in sector 93, Gurgaon from Ramprastha Group in a deal valued at over Rs 200 crore. The land located in Gurgaon will be used to develop a high-rise children-centric residential project. The land with a development potential of 21 lakh sq ft will mark Ashiana Housing’s

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Despite inventory build-up surge in credit flows to realty not a worry: RBI

GENERAL NEWS /

At a time when concerns regarding the build-up of asset bubbles in emerging economies have resurfaced, RBI Governor Raghuram Rajan has asserted that he is “not overly worried” about the flow of bank credit to the country’s real estate. This is despite the strong loan growth to the realty sector in the last couple of

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RIICO to develop 147 new industrial areas in three years in Rajasthan Real Estate News, ET RealEstate

GENERAL NEWS /

JAIPUR: The industries department will set up 147 new industrial areas in the next three years with 68 of them to be launched this year, said industries secretary and MD RIICO Ashutosh Pednekar on Thursday. He said these areas will be developed in less-industrially developed regions. In October last year, the chief minister had launched

RIICO to develop 147 new industrial areas in three years in Rajasthan Real Estate News, ET RealEstate Read More »

Affordable housing residential clusters puts Ghaziabad in growth mode

GENERAL NEWS /

By: Rohan Sharma Ghaziabad caters primarily to the mid-segment and affordable housing segments. It is home to established housing clusters such as Kaushambi, Vaishali and Indirapuram while upcoming residential corridors include Raj Nagar Extension and developments along the NH-24 beyond Indirapuram, including the Crossings Republic township. While lack of land options has restricted new launches

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PMRDA to soon receive detailed project report on Pune metro extensions Real Estate News, ET RealEstate

GENERAL NEWS /

PUNE: The Pune Metropolitan Region Development Authority (PMRDA) is expected to receive a detailed project report (DPR) on Metro corridor extensions by the next week. Metro extensions have been proposed on Shivajinagar-Hadapsar-Loni Kalbhor and Saswad road. The DPR is being drafted by the Delhi Metro Rail Corporation. The PMRDA is already constructing a Metro line

PMRDA to soon receive detailed project report on Pune metro extensions Real Estate News, ET RealEstate Read More »

Mumbai’s ‘recession-proof’ south witnesses a downturn

GENERAL NEWS /

a project involving grandiose 15,000-sq ft duplexes in a 55-storey under-construction scraper on the chic Napean Sea Road has not sold a single unit in 6 years.With Mumbai’s real estate sector activity shifting northwards, a trend that is amply reflected in the surge in prices in that part of India’s business capital, south Mumbai’s billing

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2BHK houses for poor with lake view come up in Hyderabad Real Estate News ET RealEstate

GENERAL NEWS /

HYDERABAD: The Telangana government has built 330 double bedroom houses for poor people near Hussain Sagar lake in Hyderabad, and Urban Development Minister, K.T. Rama Rao will be handing over these houses to the beneficiaries later this month. Three multi-storey buildings comprising 330 units, overlooking the picturesque lake, have come up in what used to

2BHK houses for poor with lake view come up in Hyderabad Real Estate News ET RealEstate Read More »

No hike in property tax in Mumbai till Covid situation continues says mayor

GENERAL NEWS /

In contrast to the earlier reports, Mumbai mayor Kishori Pednekar on Friday provided relief to the Mumbaikars as she informed that the property tax will not be hiked in Mumbai till the Covid situation continues, reported news agency ANI. “There will be no hike in Property tax in Mumbai till the Covid situation continues. We

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UK’s Unite Group sells two London properties for 342 million pounds Real Estate News, ET RealEstate

GENERAL NEWS /

BENGALURU: UK student housing provider Unite Group has sold two London properties to its joint venture with Singapore wealth fund GIC for 342 million pounds ($475 million), it said on Friday, in an effort to pay down debt. Unite said the properties, located in Wembley and Whitechapel, have 1,358 bed spaces, the majority of which

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