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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Hotel Industry Occupancy to Rise amidst Corporate Demand and Upcoming Cricket World Cup
Friday, 11 Feb, 2011 – 17:20 | No Comment
Hotel Industry Occupancy to Rise amidst Corporate Demand and Upcoming Cricket World Cup

Marriott International expects occupancy across properties in India to be over 80 per cent compared with mid-70 per cent levels a year ago, as demand for rooms rise on higher corporate demand …

Property Firm Ansal Reports 4.81% Hike in Consolidated Net Profit
Friday, 11 Feb, 2011 – 14:06 | No Comment
Property Firm Ansal Reports 4.81% Hike in Consolidated Net Profit

Realty firm Ansal Properties and Infrastructure has reported 4.81 per cent jump in its consolidated net profit for the quarter ended December 31, 2010, at Rs 32.93 crore. The company had posted …

DB Realty Group MD Arrested for his Role in 2G Scam
Friday, 11 Feb, 2011 – 11:02 | No Comment
DB Realty Group MD Arrested for his Role in 2G Scam

The CBI on Tuesday night arrested Dynamix Balwas (DB) group managing director Shahid Usman Balwa in connection with the 2G spectrum allocation scam. “We have arrested Shahid Balwa for his role in …

Property Sale Ban on 567 Regularised, Unauthorised Delhi Colonies Lifted
Friday, 11 Feb, 2011 – 8:02 | No Comment
Property Sale Ban on 567 Regularised, Unauthorised Delhi Colonies Lifted

Thousands of residents at regularised, unauthorised colonies across Delhi will now be able to officially sell their property, with a ban on the registry of real estate transactions in the areas about …

Healthcare Major ‘Fortis’ Plans to Transfer Land Assts to REIT
Thursday, 10 Feb, 2011 – 7:44 | No Comment
Healthcare Major ‘Fortis’ Plans to Transfer Land Assts to REIT

The country’s second-largest hospital chain operator Fortis Healthcare Ltd is evaluating a plan to transfer its land assets to a real estate investment trust (REIT) that will in turn raise funds for …

IT major Cognizant to Pump in $ 500mn into Real Estate Development
Wednesday, 9 Feb, 2011 – 10:57 | One Comment
IT major Cognizant to Pump in $ 500mn into Real Estate Development

iT major Cognizant today announced its intention to pump in more than $500 million in the next four years in real estate development as part of its expansion programme. The company will invest …

DLF Announces Launch of DLF Queens Court& DLF Kings Court at GK-2 Delhi
Wednesday, 9 Feb, 2011 – 7:56 | No Comment
DLF Announces Launch of DLF Queens Court& DLF Kings Court at GK-2 Delhi

DLF has just announced soft launch of two Dream and Super Luxury Developments at Greater Kailash – II (A colony developed by DLF). The projects are as under:
dlf  queen court- 18 apartments (approx) …

Cognizant to invest $ 500 mn in real estate in next four years
Tuesday, 8 Feb, 2011 – 13:03 | No Comment
Cognizant to invest $ 500 mn in real estate in next four years

CHENNAI: IT major Cognizant today announced its intention to pump in more than $500 million …

Mumbai Commercial Market Showing Signs of Recovery
Tuesday, 8 Feb, 2011 – 10:58 | No Comment
Mumbai Commercial Market Showing Signs of Recovery

The commercial real estate market in Mumbai is finally bouncing back after a prolonged recession-induced slump. According to a recent report by property consultants Knight Frank, the commercial market in Mumbai is …

Trump to Develop 60 Storey Super Luxury ‘Condo’ in South Mumbai
Tuesday, 8 Feb, 2011 – 7:58 | No Comment
Trump to Develop 60 Storey Super Luxury ‘Condo’ in South Mumbai

US billionaire real-estate developer Donald Trump is finally making a serious move to transform the skyline of India’s financial capital, Mumbai. Trump is now planning to develop a super luxury 60-storey tall …