Tag: Real Estate

The Rail Land Development Authority (RLDA) has invited bids for the leasing of a vacant land parcel for residential-cum-commercial development at Ambari chowk in Guwahati, Assam. The site spread in 9,488.22 square metre and is situated fee km from Guwahati Railway Station. It has a potential for Built-Up Area (BUA) of 26,092.61 sq metre ...

Tamil Nadu Shelter Fund (TNSF) has invested ₹95 crore in an affordable housing project by property developer Vijay Raja Homes Private Limited for the construction and development of ‘VRX 360’ a 2,700-unit under construction affordable development project in Thirumazhisai, a suburb in western Chennai. TNSF is a Category I (Social) Alternative Investment Fund (AIF) ...

Brick&Bolt, a tech-enabled construction company, has launched operations in Hyderabad complementing its existing presence in Bengaluru and Mysore. The company simplifies the construction process for the inexperienced by making it transparent, ensures zero overhead costs and enables timely project deliveries. Also read: GMR Hyderabad International Airport’s solar push cuts power bill by ₹90 lakh ...

Representative Image NEW DELHI: Hiranandani Group has invested nearly Rs 1,000 crore to develop 2.6 million sq ft commercial real estate space in Hiranandani Estate township spanned across 350 acres on Ghodbunder Road, Thane, the company said in a media release. While Quantum tower spread across 0.6 million sq ft is ready to be ...

Kolkata-based KCT Group has bought an 108-year-old prime commercial building owned by the Hong Kong and Shanghai Banking Corporation (HSBC) at Horniman Circle in South Mumbai’s Fort locality for over Rs 83 crore, two people with direct knowledge of the development said. The transaction assumes significance as South Mumbai has not seen a large ...

The actual implementation of the Pradhan Mantri Awas Yojna (PMAY) has fallen below the scheduled targets and would require a substantial government funding push going forward. The ability to provide the required funds to plug the gap would be critical to meet the financial spending and consequently the physical completion targets within the stated ...

Private equity investment inflows into the Indian real estate sector stood at $ 2.7 billion during first half of 2021, according to a report by Savills India. This inflow is equivalent to 41 per cent of the investment that the sector saw in the entire year of 2020, an indication that investors’ confidence remains ...

As the Confederation of Real Estate Developers’ Associations of India (Credai) raised an alarm over shortage of labour during the Covid second wave leading to project delays in the country, property developers in Bengaluru have managed to buck the trend with government’s help and don’t see severe delays. Developers in Karnataka got a helping ...