Mumbai-based developer, Akruti City, which was mainly into development of hospitality, retail and township projects, has decided to shift its focus to affordable homes. Under the brand name, ‘Just Perfect Homes’, the developer will develop …
his New Year has brought some good news for real estate companies, many of which were believed to be on the threshold of bankruptcy due to a liquidity crunch, mounting debts and little chances of …
Realty major, Unitech is in talks with private equity funds for investments up to $560 million (Rs 275 billion). According to sources, the company is also in negotiations with banks to restructure an additional Rs …
The first day of the housing projects introduced across Mumbai by the Maharashtra Housing and Area Development Authority (MHADA) received an overwhelming response. It reflected that slump or no slump, there is still a huge …
As two main business districts of the city have reached a saturation point, the Mumbai Metropolitan Regional Development Authority (MMRDA) is planning to acquire 1.84 crore sq mt of land to set up alternative business …
Real estate giant DLF has announced plans to invest Rs 15,000 crore over the next three years to develop various residential projects across the country in Rs 15-40 lakh range. The company had announced its …
The government has announced that it will not dissolve the boards of Maytas Infra and Maytas Properties, whose acquisition deal by Satyam Computer for $1.6 billion was aborted following shareholders’ dissent. The government has already …
According to an industry survey, fresh investment plans in the real estate segment have taken a plunge of about 82 per cent between the first and the third quarter of the current financial year showing …
Falling sales and severe cash crunch have halted the development of more than 450 real estate projects in Pune. This has resulted in loss of jobs of around 5,000 construction workers. A detailed survey undertaken …
Realty firm, Omaxe has announced its plans to launch 10,000 low-cost homes in Indore next month, which would be developed at about Rs 1,000 crore (Rs 10 billion). It will launch these budget-flats in the …
