Track2Realty: Brys Group has unveiled the show apartment of its landmark project ‘Brys Buzz’, North India’s tallest residential tower. UAE’s leading Arabian Construction Company is building the iconic tower which is standing at the highest permissible limit of 292 meters with a towering 81 storey. The project is located at Sector 150, Noida.
Track2Realty: Marathon Group has launched Marathon Nextown, a township project in Dombivli East, Mumbai that is conceptualised on its brand titled ‘NEX (Next generation Eco-friendly Xtra utility homes)’. With this project, the group claims to fulfill the dream of every modern buyer who aspires to have a spacious home with all the premium amenities and facilities and provides value to the money of the young home buyer.
Track2Realty: Vardhaman real 3state has announced its first residential project “Springdale” in Dharuhera, Haryana. Springdale apartments promise to be surrounded with greenery to give a feel to live happy and healthy.
Track2Realty: Lotus Greens today embarked on a special outdoor campaign titled “Electability” whose message and communication revolves around the act of responsibility in casting one’s ballot. While the upcoming 2014 general election has inspired companies like Tata Global Beverages, ITC, HUL, Google and Facebook to come out with special campaigns.
Track2Realty-Agencies: Mumbai-based real estate firm Kamla Landmarc Construction is the new owner of the Hyderabad-based IPL team Deccan Chargers. The deal was finalised by Jitendra Jain-promoted Kamla Landmarc and T Venkattram Reddy’s Deccan Chronicle Holdings (DCHL) over the last few days. The size of the deal is yet to be confirmed.
Track2Realty: Government is coming out with new PPP models to fast track infrastructure projects, said Jitin Prasada, Union Minister of State for Road Transport and Highways, while inaugurating the Conference on Infrastructure Project Management, organised by Confederation of Indian Industry in New Delhi on Thursday, Sep 20.
CREDAI has reacted sharply over the Finance Minister’s asking chiefs of public sector banks to put pressure on real estate developers to lower property prices and not hold invetory. CREDAI has said in a release that instead of asking realtors to download unsold stock at discounted prices, the Union Finance Minister P Chidambaram should take immediate steps to boost to housing stock supply through special incentives to the affordable segment.
The Macquarie SBI Infrastructure Fund (MSIF) has announced the completion of an investment into Ashoka Concessions Limited (ACL) for $US150 million1 (INR8 billion), along with a co-investor, the SBI Macquarie Infrastructure Trust (SMIT).
The recent announcement of a memorandum of understanding (MoU) between the Confederation of Real Estate Developers Association of India (CREDAI) and the Karnataka State Fire and Emergency Services (KSFES) Department on fire safety certification has raised quite a few eyebrows in the real estate industry.
nitech on Thursday, April 12, said the Company Law Board (CLB) has accepted the firm’s plea to resolve its dispute with Norway-based Telenor through international arbitration in Singapore.