Unitech in Gurgaon.& School in Township - 03/31/08 04:03 AM
Unitech Builders have presented a residential project "Lake lands" at NH-8 Gurgaon. Spread over 272 acres amidst beautiful landscape, 246 luxury villas shall be constructed in this project. To provide more options, these 5800 to 6800 sq.ft. Built-up area villas shall be constructed in five designs. In addition to water feature, … (0 comments)
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Landmark in Dharuhera . - 03/29/08 06:47 AM
Real estate company landmark group has launched in Dhruhera two residential projects "Golden Villas" and "Golden Height". The projects, costing about Rs. 450 crores, shall be constructed on a parcel of about 85 acre land while Golden Villas will consist 200 villas of 500 to 100 sq. yds., 600 flats of … (0 comments)
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Ansal in Kyrakshetra - 03/29/08 06:44 AM
Ansal API has launched "Sushant City - Kurukshetra " at NH-1. Restaurant, malls, swimming pool, shopping centre, school, hospital, jogging track, park and club etc shall be constructed in this
200 acre township.
… (0 comments)
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TIVOLI HOLIDAY VILLAGE NEAR DHARUHERA - 03/29/08 12:33 AM
Tivoli Group has launched a residential Holiday village with fully furnished designer holiday homes just 20 minutes from Gurgaon in Dharuhera. Tivoli holiday village is a preeminent holiday destination closest to the national capital region. It offers a hospitality setting for exploring a holiday experience.
The facilities have been developed by using … (0 comments)
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GROWTH INDICATORS IN FARIDABAD - 03/28/08 02:22 AM
The Transport Plan 2021 for NCR has the following proposals involving Faridabad-Bhallabgarh
Proposal to develop the NH2 from Delhi to Ballabgarh to expressway standards
Proposal to connect peripheral expressways, of which the Kundli-ManesarPalwal (KMP) western peripheral expressway and the Kundli-Ghaziabad-Palwal (KGP) eastern expressway are located closest to Faridabad-Ballabgarh
The Metro Rail to be ex … (0 comments)
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REAL DESTINATION - FARIDABAD- HIGH ON REALTY - 03/27/08 03:29 AM
WITH COMMERCIAL AND RENTAL SPACES ON THE VERGE OF SATURATION AND LAND PRICES INCREASING PHENOMENALLY IN GURGAON AND OTHER AREAS IN THE NCR, FARIDABAD IS GOING TO BE THE NEXT 'HAPPENING' DESTINATION
Once again Faridabad is in the news. Grandiose plans for infrastructure development in the area are sure to put the … (2 comments)
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COMMERCIAL SPACE MORE GAINFUL - 03/26/08 07:13 AM
INVESTMENT IN COMMERCIAL SPACE WILL FETCH YOU BETTER RETURNS THAN THOSE MADE IN RESIDENTIAL REAL ESTATE DUE TO THE SEALING DRIVE INITIATED IN DELHI. SARTHAK REPORTS
The widespread sealing drive and also the uncertainty attached to this whole unsavory issue in the recent times have a flipside too. It has changed the … (0 comments)
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FLOORS PRICE OF RS 675 CR FOR RLYS SARAI ROHILLA LAND - 03/26/08 05:34 AM
The Railways much-awaited commercial development plan for surplus land is set to begin in the second week of April. Delhi's Sarai Rohilla, one of the 10 sites selected for commercial development in the first phase on public private partnership basis, will go under hammer on April 11. Eight bidders are in … (0 comments)
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FLOORS PRICE OF RS 675 CR FOR RLYS SARAI ROHILLA LAND - 03/26/08 01:16 AM
The Railways much-awaited commercial development plan for surplus land is set to begin in the second week of April. Delhi's Sarai Rohilla, one of the 10 sites selected for commercial development in the first phase on public private partnership basis, will go under hammer on April 11. Eight bidders are in … (0 comments)
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GURGAON-MANESAR NEW MASTER PLAN - 03/25/08 03:53 AM
Gurgaon-Manesar Urban complex Plan 2021 will offer another 33,726 hectare of land for development. This will make it a new growth centre for the NCR. Harinder Singh of Realistic Realtor said that the new master plan will make 14,930 hectare of land available for residential and 1,404 hectare of land for … (0 comments)
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GURGAON/MANESAR REAL ESTATE INDIA - 03/25/08 02:45 AM
Gurgaon has witnessed an unprecedented growth in the last 10 years following the IT and ITES revolution in the country. It has emerged as India's outsourcing capital. It has become such a popular destination for the commercial real estate that the rentals here have gone up almost three fold in the … (0 comments)
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RESIDENTIAL SECTOR: DRIVING THE REALTY - 03/24/08 12:42 AM
THE INCREASE IN THE OFFICE SPACE IN NATIONAL CAPITAL REGION HAS BEEN TRANSLATING INTO A QUANTUM LEAP IN NEW JOBS AND THE ASSOCIATED BOOM IN HOUSING SECTOR
The National Capital Region has emerged as one of the most important destinations for information technologies (IT) and IT enabled services (ITES) in the country. … (0 comments)
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REITs may change investment landscape - 03/20/08 04:27 AM
This Week, we answer questions on real estate investment trusts. For investors and builders alike, the trusts offer scope for growth and returns.
How have REITs (Real Estate Investment Trusts fared in other countries, and how do they benefit?
The investment vehicle called REITs opens the option of investing in real … (0 comments)
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Ansals launch township at Kurukshetra - 03/19/08 03:46 AM
That Tier II and III cities are the next big thing in real estate is fast becoming an accepted fact. For instance, Delhi-based realty developer, Ansal API recently announced a luxury township in Haryana's Kurukshetra area called Sushant City. Located on National Highway-1, the township is spread over an area of … (0 comments)
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An Rs 48,000 crore industry - 03/19/08 03:46 AM
Rising incomes, easy financing and population growth are driving demand for housing and luring overseas investors to India, says a new report by Ernst and Young. It puts the worth of the Indian real estate market at $12 billion (Rs 48,000 crore) and pegs the annual growth rate at 30 per … (0 comments)
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NO FDI PLAN IN RETAIL SECTOR, SAYS PAWAR - 03/18/08 02:59 AM
New Delhi: The Government is not considering any proposal to allow foreign direct investment {FDI} in retail sector, Agriculture Minister Sharad Pawar said today. "There is no proposal to allow FDI in retail {and} Government is not thinking of it because it wants to protect the interest of retailers" he said … (0 comments)
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RAHEJAS PLAN 257-ACRE SEZ AT GURGAON - 03/17/08 05:14 AM
New Delhi:Real estate firm rahrja Developers has outlined an investment of Rs 5000 crore to set up a 257 acre engineering SEZ at Gurgaon. The SEZ has been notified by the government and the first phase of the project is expected to be completed in the next five years, Raheja Developers … (0 comments)
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ELIGIBLE FOR A HOME LOAN? - 03/17/08 01:25 AM
Here are some of the factors that have a bearing on an individual's eligibility for a home loan
There are a number of factors that have a bearing on eligibility for a housing loan. The banks have their own criteria to determine the eligibility and quantum of housing loan. The banks have … (0 comments)
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MAKING HOUSING AFFORDABLE - 03/15/08 04:48 AM
Greater Noida Authority is constructing 3,000 houses exclusively for middle-income group
For the middle-income masses, here is good news. Under a newly launched residential scheme, the Greater Noida authority is offering the middle-income group a rare opportunity to book and own exclusive, independent, expandable and well finished houses.
As per the scheme, … (0 comments)
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DDA' HOUSING FOR BETTER LIVING - 03/15/08 12:24 AM
If you are a resident of a Delhi Development Authority (DDA) colony anywhere in Delhi, be it Sarita Vihar, Saket, Mayur Vihar, Janakpuri, or Ashok Vihar, you will surely find DDA's comprehensive developmental activities.
Recently, Delhi Development Authority (DDA) announced its budget for the financial year 2008-09 on Friday and approved … (0 comments)
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GOVT ISSUES RULES FOR FOREIGN INVESTMENT - 03/14/08 05:22 AM
India on Wednesday set out conditions for automatic approval of 100 per cent foreign investments in industrial parks. Such parks would have to house a minimum of 10 industrial units and at least 66 per cent of their developed area would have to be allocated for industrial activity, a trade ministry … (0 comments)
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Real estate law - 03/14/08 01:00 AM
The government is all set to bring in a law to regulate the booming real estate sector in Delhi that could be model for the rest of the country, minister for urban development Jaipal Reddy told the Rajya Sabha.
Industrial upgrade
The commerce ministry has approved six industry clusters worth Rs 373 … (0 comments)
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INDIA’S BIGGEST LAND DEAL IN NOIDA - 03/12/08 03:55 AM
Noida: In the biggest land deal in the country, a consortium led by Delhi-based Business Parks and Town Planners {BPTP} on Tuesday bagged a 95-acre commercial plot in Noida Sector 94 for a mind-boggling Rs 5,006 crore from the Noida authority.
The price per square meter in the deal - clinched … (0 comments)
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Saltlec land at new high: Rs 33.33 cr per acre - 03/11/08 05:49 AM
Kolkata: LAND rates for big ticket IT ventures have scaled a new peak in Kolkata's Tech town, Salt Lake. In one of the biggest city property deals in recent times, a consortium of South City Projects and Merlin Group has shelled out a whopping Rs 143 crore to KMDA to acquire … (0 comments)
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Sobha to start work on villas project - 03/11/08 02:39 AM
Reality major Sobha Developer (SDL) will commence construction of its first presidential villas project -Sobha Lifestyle-at Devanahalli in Banglore with an investment of around Rs 260 crore over to years. SDL has partnered with Banglore-based reality firm Renaissance Holdings, which owns the land parcel, for the project.
Currently, SDL has about 12 … (0 comments)
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REALTY COS JOIN THE RUN OF LUXURY MALLS - 03/10/08 04:11 AM
After DLF and UB, Parsavnath, Ansal , APL and MBD Group are firming up plans for niche luxury malls in metro. Real estate players are tired of being mall rats. So, it's luxury malls that are now hogging the limelight. After DLF and UB Group's foray into the luxury retail segment, other … (0 comments)
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THERE’S NO REAL ESTATE BUBBLE HERE - 03/10/08 12:07 AM
HOMES ARE 3 TIMES MORE AFFORDABLE TODAY THAN THEY WERE 10 YEARS AGO: HDFC'S MISTRY.
The absence of exotic, complex home loans have helped stave off a sub prime like crisis in India, according to HDFC managing director Keki Mistry.
"There are several reasons why India has been shielded from the sub … (1 comments)
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G NOIDA MAY GET 1ST FINANCE PARK - 03/08/08 03:05 AM
Knowledge parks, software parks & SEZs are now passé, as the Greater Noida Industrial Development Authority (GNIDA) now plans to develop, what will probably be the country's first Financial Park. To be spread over an area of 100 acre, the park apart from housing companies from financial services sector (insurance, banking, … (0 comments)
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PARSVNATH BEGINS CONSTRUCTION IN SONEPAT - 03/07/08 11:18 PM
Parsvnath Developers Ltd., India's leading real estate developers announced the start of construction of 'Parsvnath Preston', a high-end group housing residential project, in Sonepat, Haryana. The expected realization from the project is over Rs 500 crore in the next three years, including this financial year the project is spread over a … (0 comments)
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UNITECH TO INVEST RS 9000 CR IN HYDERABAD - 03/07/08 04:05 AM
Unitech, the country's second largest realty firm, has bagged two real estate projects in Hyderabad that it would develop over the next eight years at an investment of about Rs. 9,000 crore. According to sources, the company has bagged a mixed use project located at Budvel from Hyderabad Urban Development Authority … (0 comments)
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GURGAON IN GLOOM - 03/06/08 04:00 AM
Gurgaon, the fading dream of a Millennium city, is battling a power crisis that has seen power cuts up to 12 hours in winter. And now with summer on us, there is a mad scramble for inyerters and generators, an expensive proposition besides being unfriendly to the environment.
Sixty-two-year-old Vijay Malhotra, … (0 comments)
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MULTI-LEVEL PARKING LOTS GET OFF THE BLOCKS - 03/05/08 11:14 PM
The number of vehicle on Delhi's roads is s staggering 51 lakh and five lakh more get added every year. In the long run a good integrated mass public transport system is the answer to traffic chaos and parking woes, but multi-level automated parking lots arebeing seen as the feasible mid … (0 comments)
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VAASTU FOR PROSPERITY - 03/04/08 11:38 PM
As per vaastu, the northern direction is conducive to financial prosperity and health. The Lord of Wealth, Kuber, rules it. Business communities in India therefore continue to worship him on Diwali day. Kuber, reigns in the north along with Soma, the Lord of the Moon and Health. The moon is at … (0 comments)
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NOIDA: TURNING SAND TO GOLD - 03/04/08 02:06 AM
NOIDA, the largest industrial town in Asia, has apartments and duplexes to cater to the locals and the housing demands of booth the locals and the NRIs, says Rai Umaraopati Ray.
New Okhla Industrial Development Authority, or NOIDA, was development in the 1970s a a modern industrial city under the UP … (0 comments)
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RULES REDEFINED: REAL ESTATE IN NCR - 03/03/08 01:23 AM
Delhi's geographical contours are expanding. After galloping real estate prices in Gurgaon; the latest hot destinations are Indirapuram, Faridabad and Greater Noida which are wooing the property bulls in scores. Magnificent apartments envy even the Delhi's residents.
Lying in the outskirts of Delhi, Gurgaon is the preferred destination for realty giants. Rai … (0 comments)
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NRIs BET ON STROCKS, REAL ESTATE - 03/01/08 12:07 AM
Aheesh BR (47) is a soft-ware professional settled in US for the past seven years. Apart from his monthly savings, he transfers a part of his salary to his bank account back home to invest in the Indian equity market.
Real estate in India also forms a major part of his investment … (0 comments)
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