News articles tagged Real Estate Projects

Rajasthan High Court New Building Jodhpur

Rajasthan Chief Minister, Ashok Gehlot, has approved a proposal for the construction of a new Bar Council of Rajasthan building at the Rajasthan High Court premises.

As Supertech Goes Bankrupt, What a Home Buyer Should do Now?

Supertech's bankruptcy raises concerns for 11,000 home buyers about delayed possession and financial claims as the company appeals the National Company Law Tribunal's decision.

6 month extension to builders to deliver projects-MahaRERA

MahaRERA grants a six-month extension to real estate projects due to the pandemic's second wave, invoking the force majeure clause for projects expiring after Apr 15, 2021.

UP-RERA rejects super-tech projects registration

UP-RERA rejects Supertech's application for two new projects due to non-compliance and delays in existing projects.

Over 25% construction workers have left, projects may delay: Realtors

Labor shortages, with over 25% of migrant workers leaving, may delay real estate projects. UP-RERA is aware and may extend project timelines. CREDAI highlights material supply issues.

New residential projects in North Bangalore

North Bangalore's residential market is booming with new apartments and luxury villas, offering options for all budgets. Premium and luxury housing options are concentrated around Hennur Road and Thanisandra, while mid-range options are available near the airport.

Power Shortage, Water Scarcity Hit Gurgaon

Gurgaon faces severe power and water shortages, impacting residents and raising concerns about civic standards. Waste management issues further compound the problems.

Godrej Properties to Raise Rs.700 Cr, Targets Growth

Godrej Properties plans to raise ₹700 Cr through a rights issue to fund new and ongoing projects across key Indian cities. The company aims for growth despite previous market sluggishness.

MCHI Demands Expert Panels To Clear Projects

MCHI requests Maharashtra CM to form expert panels for project clearance, citing lengthy current process.

House of Patels’ Indian Project, Ritz Carlton Likely to Manage

House of Patels Group plans to develop a luxury residential or hotel project in India, potentially collaborating with Ritz Carlton.

Housing Ministry Recommends Single Window Clearance

The housing ministry has suggested implementing a single-window clearance system to expedite project approvals. This move aims to reduce property prices by lowering builders' preservation costs.

SEBI Attaches Sahara’s Assets: Freezes Realty Projects

SEBI has frozen the assets and bank accounts of Sahara group firms, affecting key real estate projects including Aamby Valley due to compliance failures with a Supreme Court order.

Secura Launched First SEBI-Certified Kerala Realty Fund

Secura Investment Management (India) Pvt. Ltd. has successfully raised Rs. 50 Cr through its Scheme-2, a SEBI-certified and Shariah-compliant real estate fund in Kerala.

Construction Halted in Noida, After NGT Bans Groundwater- Use

NGT's groundwater ban for construction halts Noida, Greater Noida projects. Builders await clarification, while homebuyers worry about rising costs and project delays.

Real Estate Booms around Schools of Reputation

Real estate values are correlated with the presence of reputable schools. High-reputation schools increase property value due to parents prioritizing proximity for admissions and convenience.

Festive Season Fills New Hope in Residential Real Estate

CREDAI anticipates a 20% rise in housing sales in major Indian cities, spurred by lower interest rates. They also address environmental clearance delays.

Real Estate Township Projects Sees Light Again in W.B.

West Bengal government plans to allow real estate builders to resume construction of townships after a six-month halt. The state may grant 14Y clearance for projects if 51% is set aside for commercial purposes.

Jan-March Net Profit Of Unitech Plunges 98% On Weak Property Demand

Unitech Ltd.'s Q4 profit plummeted 98% due to high interest rates and property prices impacting demand. The company expects improvement in the current fiscal year with increased funding availability and lower interest rates.

Third India Realty Fund to be launched by IL and FS PE with target of $ 500M

IL&FS Investment Managers Ltd (IIML) is planning to launch IL&FS India Realty Fund (IRF) III with a targeted corpus of $500 million in the current FY.

Assotech and Sunapollo to Build Rs 500cr Housing Project in Gurgaon

Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.

Unitech comes up with Gardens Galleria in Noida.

Unitech has launched Gardens Galleria in Noida, marking an expansion of its retail and entertainment complex, featuring 230 retail outlets amidst a vibrant commercial landscape.

Mirah to Grow Realty Business, Double Presence in Food and Beverages

Mirah Group consolidates real estate business, eyes large townships in Mumbai, Pune, and Nagpur, alongside expanding F&B and hospitality ventures.

Real Estate Sector Brokers bail out Developers with Buyback Deals.

Real estate brokers are underwriting new projects for developers facing a cash crunch in major metros, impacting sales figures and market stability.

Gurgaon is safe as an investment bet.

Gurgaon's residential market sees a rise in property values amid slow project execution and supply shortages, yet investment sentiment remains strong due to improved job prospects.

Hopes Revive for Housing , Infra Projects in Patwari

GNIDA expects resolution of the Patwari land acquisition crisis, bringing relief to 20,000 homebuyers. The Supreme Court dismissed a petition challenging the government's settlement with farmers, allowing more time for negotiations.