Noida Extension Gets Green Signal: Tension Almost Over! NCR Planning Board gives conditional approval for Greater Noida Master Plan 2021
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Sun, 1/04/12 – 16:57 | No Comment

Around 50,000 homebuyers will heave a sigh of relief, as the uncertainty surrounding the fate of Noida Extension housing projects seems to be almost over.
The NCR Planning Board (NCRPB) on Thursday gave a conditional approval …

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AREIDA Urges Govt to Reduce Property Registration Fees
Thursday, 26 May, 2011 – 16:23 | No Comment
AREIDA Urges Govt to Reduce Property Registration Fees

The Assam real estate and Infrastructure Developers Association (Areida) on Tuesday urged the new government to reduce registration fees while selling or buying property and reduce the duty fees to promote real …

Gurgaon Tops Registered Real Estate Agents List in Haryana
Thursday, 26 May, 2011 – 13:31 | No Comment
Gurgaon Tops Registered Real Estate Agents List in Haryana

With 903 registered property dealers, Gurgaon has topped the list of districts in Haryana since the state started the registration of real estate agents. The registration of the dealers was started to …

ASK’s Chairman Forms New Real Estate Company ‘Pashmina Developers’
Thursday, 26 May, 2011 – 9:31 | No Comment
ASK’s Chairman Forms New Real Estate Company ‘Pashmina Developers’

Asit Koticha, chairman of financial services firm ASK Investment Holdings Pvt Ltd, has floated a real estate company, Pashmina Developers, with an undisclosed investment from his personal funds.The Mumbai-headquartered venture aims to …

UP Govt Announces 12.5% Hike in Land Prices at Greater Noida
Wednesday, 25 May, 2011 – 20:15 | No Comment
UP Govt Announces 12.5% Hike in Land Prices at Greater Noida

After violent farmers’ protests for enhanced land compensation, authorities of Noida, Greater Noida and Yamuna Expressway on Monday decided to hike land rates by 12.5 per cent. To compensate the loss, authorities …

Bilrla Sun Life Set to Invest 250crores in Real Estate Projects
Wednesday, 25 May, 2011 – 18:13 | No Comment
Bilrla Sun Life Set to Invest 250crores in Real Estate Projects

Birla Sun Life is set to invest Rs 250 crore in four real estate projects — three in Mumbai and one in Chennai — through its realty-focused fund. The Rs 1,100 crore real …

Court Dismisses Unitech MD’s Bail Plea: Reveals Company Made Rs 2342 cr Profit Via 2G Scam
Wednesday, 25 May, 2011 – 17:12 | No Comment
Court Dismisses Unitech MD’s Bail Plea: Reveals Company Made Rs 2342 cr Profit Via 2G Scam

Unitech group made Rs 2,342 crore in profit by offloading shares to Norway-based company Telenor after getting the UAS licenses at a throw-away price, the Delhi High Court on Monday said while …

Real Estate Services top Contributor to Delhi’s Economy: Added over 1 lakh crore to City’s GDP in 2010-1011
Wednesday, 25 May, 2011 – 15:06 | No Comment
Real Estate Services top Contributor to Delhi’s Economy: Added over 1 lakh crore to City’s GDP in 2010-1011

Real estate services added over Rs 1 lakh crore to Delhi’s GDP of Rs 2.58 lakh crore in 2010-11, emerging as top contributors to the city’s economy and reflecting the rapid growth and …

Realty Feels the Heat: Sales Affected in Summers
Wednesday, 25 May, 2011 – 12:04 | No Comment
Realty Feels the Heat: Sales Affected in Summers

Summer spells a lull for the real estate sector as transaction volumes take a downward plunge. The trend is clear considering that estate project launches have been the least during the second …

Starwood to Open 100 Hotels in India by 2015
Wednesday, 25 May, 2011 – 8:04 | No Comment
Starwood to Open 100 Hotels in India by 2015

Starwood Hotels and Resorts Worldwide, which owns brands like Sheraton, Westin, Le Meridien, W Hotels and Luxury Collection, signs up on average a property a week. Last year, it beat its record …

Zinc Hospitality to Launch its Own Brands in India
Tuesday, 24 May, 2011 – 18:15 | No Comment
Zinc Hospitality to Launch its Own Brands in India

Real estate company Zinc Hospitality, which holds equity in properties like Taj Safaris, Taj Asia, Hilton in New York and India Safaris, is getting its own brands to India. The company has …