Provident Housing, a wholly-owned subsidiary of Puravankara Group, has partnered with Tata Projects, for construction of its 20-acre Kenworth housing project in Hyderabad. Ashish Puravankara, managing director, Puravankara Projects Ltd commented that “The overwhelming … READ FULL STORY
In a step to make the city free of congestion, Thane has come up with a citywide hybrid simulation model for managing vehicular traffic. Under the system, the entire traffic network of the city … READ FULL STORY
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
Even as the Maharashtra and the central governments are yet to arrive at a consensus over handing over land for the proposed bullet train project, the Mumbai Metropolitan Region Development Authority (MMRDA) on July … READ FULL STORY
After the Bombay High Court pulled up the Maharashtra government for not identifying the wetlands in the state, the government on July 11, 2016, withdrew its plea seeking modification of a 2013 order banning … READ FULL STORY
Property has emerged as the first choice for investment, among serving government employees, as well as those who have already retired, with close to half of the employees in 20 cities of India, preferring … READ FULL STORY
When Anita Juneja bought an apartment in Delhi, in 2012, the cost of the apartment was Rs 2 crore and the circle rate was Rs 1.4 crore. This meant, that she could benefit by … READ FULL STORY
The Supreme Court on July 1, 2016, directed real estate major Unitech Ltd, to deposit an amount of Rs 5 crores in its registry, for failing to hand over apartments in Noida to consumers, … READ FULL STORY
According to a study titled ‘Global Real Estate Transparency Index (GRETI) 2016’, by property consultant Jones Lang LaSalle, India has improved in overall transparency scores across all markets and has achieved higher ranks for … READ FULL STORY
“There is high opportunity cost for Indians to invest in the UK property market after Brexit. Not only will the property prices come down with immediate effect, but the pound conversion rate has also come … READ FULL STORY
Realty player Godrej Properties (GPL), on June 24, 2016, said it has partnered with group firm Godrej Agrovet, to develop a residential township project near Sarjapur, in east Bengaluru. The residential township project, to … READ FULL STORY
Marking the first anniversary of the announcement of the government’s flagship programme, prime minister Narendra Modi will launch projects on the ‘Smart City Mission’ from Pune’s 5,000-capacity Shiv Chatrapati Sports Complex, on June 25, … READ FULL STORY
According to Mercer’s 2016 Cost of Living Survey, Mumbai (ranked 82) is the most expensive city in the country for expatriates, followed by New Delhi (130) and Chennai (158). Mumbai also surpassed major global … READ FULL STORY
