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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Noida Extension back on track as GNIDA and farmers reach agreement
Sunday, 7 Aug, 2011 – 14:13 | No Comment
Noida Extension back on track as GNIDA and farmers reach agreement

Good news for homebuyers of Noida Extension:
The Greater Noida Authority, locked in a standoff with several villages in Noida Extension over acquisition of farmland for constructing apartments, succeeded to end the deadlock with one village …

DLF Plans to Sell 27.4 Acre Gurgaon Plot for Rs 400 cr: Tata & M3M in Race to Buy
Friday, 5 Aug, 2011 – 23:14 | No Comment
DLF Plans to Sell 27.4 Acre Gurgaon Plot for Rs 400 cr: Tata & M3M in Race to Buy

India’s biggest real estate firm DLF is selling a 27.4-acre plot of land in Gurgaon for around Rs 400 crore. The plot has all approvals and permissions for building a group housing project in place, …

Maharashtra CM Admits Violation of FSI Norms in Navi Mumbai
Friday, 5 Aug, 2011 – 22:05 | No Comment
Maharashtra CM Admits Violation of FSI Norms in Navi Mumbai

Chief minister Prithviraj Chavan admitted in the state assembly on Tuesday that 21 of the 23 Palm Beach Road high-rises under probe have violated construction norms, putting the heat on Navi Mumbai builders.
A three-bedroom apartment …

12.8% Fall in DLF’s Net Profit for Q1
Friday, 5 Aug, 2011 – 16:49 | No Comment
12.8% Fall in DLF’s Net Profit for Q1

DLF, the country’s largest real estate company, on Tuesday reported a 12.8% decline in its consolidated net profit for the first quarter ended June 30 at Rs 358.36 crore on higher expenditure and finance charges. …

Indiabulls Expecting 30-35% Rise in Lease Income
Friday, 5 Aug, 2011 – 9:42 | No Comment
Indiabulls Expecting 30-35% Rise in Lease Income

Plagued by high cost of land, debt issues and slowdown in sales, the real estate pack has been seeing sluggish growth over the quarter. “The lower and mid-segment sales have been reasonable, and that compensated …

Hotel Leelaventure Promoters Increase Stake by 1% in the Company
Wednesday, 3 Aug, 2011 – 18:51 | No Comment
Hotel Leelaventure Promoters Increase Stake by 1% in the Company

Hotel Leelaventure promoters have hiked stake in the company by over 1 per cent in the first few months of the fiscal as they look to increase holding to 60 per cent, even as their …

FDI Funded Developer Alpha G:Corp Announces Launch of Alpha International City, Amritsar
Wednesday, 3 Aug, 2011 – 15:48 | No Comment
FDI Funded Developer Alpha G:Corp Announces Launch of Alpha International City, Amritsar

The foreign direct investment (FDI) funded real estate developer Alpha G:Corp on Friday announced launching of Alpha International City, Amritsar (AICA) the new integrated housing project at Amritsar. Spread over 500 acres, the project that …

Emaar MGF Refutes Charges by APIIC
Wednesday, 3 Aug, 2011 – 12:46 | No Comment
Emaar MGF Refutes Charges by APIIC

Emaar MGF, one of the respondents in the integrated township-cum golf course project case, has refuted all the charges levelled against itself and the parent company Emaar Properties. A writ petition against Emaar is currently …

Realty Major Unitech Working on Quality Execution of Projects
Wednesday, 3 Aug, 2011 – 8:00 | No Comment
Realty Major Unitech Working on Quality Execution of Projects

Realty major Unitech Ltd is currently developing about 80 projects across the country covering 40 million sq ft of area and focusing on improving its execution capabilities, a top company official has said. “Going forward, …

SEBI Panning New set of Rules for Alternative Investment
Tuesday, 2 Aug, 2011 – 23:42 | No Comment
SEBI Panning New set of Rules for Alternative Investment

Entities promising hefty returns to gullible investors from ‘offbeat’ avenues like art, antiques and real estate may soon come under the scanner of Sebi, which is framing a new set of rules for ‘alternative investments’. …