Track2Realty: Andhra Pradesh may become the first state to grant much-demanded single window clearance to realty projects. Andhra Pradesh Chief Minister N. Kiran Kumar Reddy has said his government will further simplify procedures and extend incentives to the real state sector if they ensure self-regulation and pass on benefits to consumers.
Pragnya Advisors, the private equity (PE) fund focussed on real estate, has entered into two deals in Colombo and Rajahmundry, Andhra Pradesh for an investment of $100 million second fund.
The 3rd NAR–India Convention 2011 is being hosted by Andhra Pradesh Realtors Association (APRA) in Hyderabad.
Access to land is a critical factor for economic growth and poverty reduction. For government, industry, and citizens to be able to use this asset effectively and to minimise disputes, it is important to have access to reliable land and property records. Digitizing these land records is critical for ensuring India’s economic growth, as accessible, high quality records not only helps increase the visibility and availability of land for large-scale investment opportunities, but at an individual level, also makes it possible for the public to transact land and use it for seeking credit in a dispute-free environment.
Track2Realty-Agencies: has been ranked top with maximum share of about 40 per cent in the new investments attracted by real estate sector among top 20 states across the country during the first quarter of current fiscal, industry body ASSOCHAM said on Monday, Sep 30.
Known for fresh water lakes of Himayath Sagar and Osman Sagar, Rajendra Nagar for long had been known for the Shamshabad Airport and the Mrugavani National Park. But today the area is also famous for some of the quality educational institutions, like Acharya N G Ranga Agricultural University (ANGRAU), National Institute of Rural Development (NIRD) and Andhra Pradesh Prohibition and Excise Academy. There are also many international schools in the area.
Track2Realty:The Andhra Pradesh Real Estate
Hyderabad Police have arrested six persons, including director of a real estate firm, in Ongole town of Andhra Pradesh on charge of cheating people under multi-level marketing money circulation schemes suspected to be involving several crores.
The Andhra Pradesh Government will take all steps to ensure that Hyderabad’s real estate industry bounces back to normalcy soon, said Chief Minister N Kiran Kumar Reddy.
Introduction of the proposed real estate regulation Bill is likely to increase the cost of operations by 10-15 per cent, said Sreedhar Reddy, president of Andhra Pradesh Realtors Association.