Mantri Realty to invest Rs 750 cr for three housing projects
Track2Realty-Agencies: Mantri Realty on Friday, Dec 7, said it will invest up to Rs 750 crore to develop three housing projects in Maharashtra and Karnataka over the next 2-3 years.
Author Track2Realty
Track2Realty
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Passage of FDI Bill to boost realty
Track2Realty: The acceptance of FDI in multi-brand retail is likely to accelerate building of shopping centres in the country, says Cushman & Wakefield.
Blackstone launching Asian real estate fund
Track2Realty-Agencies: Blackstone Group LP is starting a new real estate fund focused on Asia as it seizes on a “golden moment” to buy and sell in the property market, its president said on Wednesday, Dec 5.
CREDAI urges developers to consider FM’s call to price cut
Track2Realty: Responding to Finance Minister P Chidambaram’s suggestion for reducing the price of housing stock, Confederation of Real Estate developers’ Associations of India (CREDAI) has asked its 8,000 plus members across the country to seriously consider the proposal to sell in maximum numbers.
High rise buildings need sustainability beyond architecture
Track2Realty Exclusive: The last few years have seen a complete transformation in the design of residential apartment complexes all over the country. It is virtually impossible for people to afford single storey or double storey bungalows. Land being very expensive, only a select few can have this luxury.
10-storey building built in 48 hours in Mohali
Track2Realty-Agencies: It was a promise delivered floor by floor. In just 48 hours, an entrepreneur has constructed a 10-floor building in Mohali, a suburban town in Punjab.
CCI rejects Chennai association’s complaint against DLF
Track2Realty-Agencies: Competition Commission of India (CCI) has rejected a complaint of alleged abuse of market dominance against real estate major DLF, related to a housing project in Chennai.
Indian real estate market not up to global standards
Track2Realty-Agencies: Foreign investors are being cautious about the Indian real estate market because it fails to meet the global standards, says Sean Tompkins, global Chief Executive Officer of UK-based Royal Institution of Chartered Surveyors (RICS).
Higher education sector to push real estate demand: DTZ Report
Track2Realty-Agencies: The country’s higher education sector will create real estate demand of around 900 million sq ft by 2020 to maintain the current gross student enrolment ratio of 12 per cent, according to a report by DTZ.
Land Acquisition Bill scrutiny completed: Government
Track2Realty-Agencies: The Group of Ministers has completed the scrutiny of the Land Acquisition Bill and the government intends to introduce it in the Lok Sabha in the Winter Session, the Rajya Sabha was informed on Monday, Nov 26.