Hiranandani to invest Rs 3,000 crore in 2012 on realty projects
Mumbai-based developer Hiranandani Constructions will invest up to Rs 3,000 crore next year on various realty projects across the country.
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Expert panel for single window system in real estate sector
Seeking to address the concern of real estate developers over delay in getting approval of the projects, government today announced the setting up of an expert committee to suggest measures for a speedy clearance system.
CREDAI joins hands with ADaRSH to promote green buildings in India under the GRIHA Rating System
In an endeavor to strengthen the green building movement in India and promotion of GRIHA with the members and associates of CREDAI, ADaRSH and CREDAI signed a memorandum of understanding today in New Delhi.
India’s cement demand slows on subdued construction: CRISIL
While the real estate industry bodies, both CREDAI and NAREDCO, have approached the CCI alleging cement cartels hoarding to inflate prices, a CRISIL report says India’s cement demand has grown at a slow pace of 3% during April-October 2011.
Realty sector in Gujarat hit by price rise, labour shortage: CREDAI
Steady rise in the price of construction material, like cement, steel, bricks, coupled with a shortage of skilled labourers, has hit the realty sector in Gujarat, an office-bearer of state-CREDAI said.
Zandu Realty to develop Mumbai property
Zandu Realty has struck a deal with Sheth Developers to rebuild erstwhile herbal healthcare firm Zandu Pharmaceutical Works’ headquarters in Mumbai’s Dadar neighbourhood into a 2.7-acre commercial complex.
Piramal to lend $193 million to realty projects
Diversified Indian conglomerate Piramal Group plans to lend up to $193 million to real estate projects in the current fiscal year to March as it focuses on building its newly launched financial arm, its Chairman said.
Indian realty expo in Doha tomorrow
Confederation of Real Estate Developers’ Associations of India (CREDAI)’s Kochi chapter is organising a two-day property expo, along with Times of India, starting tomorrow, Nov 18, at Regency Hall, Doha.
Redevelopment: A fresh look at urban renewal in a changing India
Redevelopment as a method of urban renewal may involve relocating businesses and people. It must produce tangible economic benefits so that the trouble and expense of redevelopment is justified.
Omkar Realtors receives Rs. 250 crore commitment from Red Fort Capital
Omkar Realtors & Developers has announced a Rs.250 crore commitment by Red Fort Capital to its premium residential project in Mumbai’s suburb of Malad, named Omkar Alta Monte.