Ansal Properties & Infrastructure plans to expand townships in Lucknow, Greater Noida
Ansal Properties & Infrastructure plans to expand its two big…
Ansal Properties & Infrastructure plans to expand its two big…
While buying a house majority of the Indians have now matured to pay for ready-to-move property than a castle in the air. No wonder, despite the high appreciation potential, the new launched projects have few takers and there is hardly any market for a pre-launch offer. Thanks to the poor delivery of the real estate developers, unmet commitments and execution risk involved, at least the end users are not interested in new launches anymore.
Housing demand is expected to remain subdued in short-to-medium term…
The government has formed a committee to evolve a workable strategy for reducing the time taken in approval of real estate projects which could ultimately reduce the cost of houses by 25 to 40 per cent, minister of housing and urban poverty alleviation Kumari Selja said on Friday, May 11.
First influencers, then catalysts and now storming into what can be conveniently called last male bastion—Real Estate. Indian Mothers have indeed come a long way to prove that a challenging job of realty business can be managed along with the family responsibilities and upbringing of the children. Track2Realty salutes a few of such Case Studies on the eve of Mother’s Day.
The building approval process in India is relatively slower and more expensive in comparison to several other countries as indicated by a recent World Bank assessment. The report highlights that an average 37 procedures over a period of 195 days are needed for obtaining construction permits in the country vis-à-vis 15 approvals over an average 157 days in the OECD region.
By: Sameer Gholve, Manager – Capital Markets, Jones Lang LaSalle…
Cognizant Technology Solutions has increased its real estate infrastructure expansion in India by nearly $200 million.
The US-based company, which has large offshore presence in India, has revised its investment plan to a total of $700 million in real estate from 2011 through 2015.
Bangalore-based real estate developer Puravankara Projects net profit rose 173 per cent to Rs 46.05 crore during the fourth quarter of the last fiscal.
Last year, net profit stood at Rs 20.89 crore during the corresponding quarter.
Ranchi Police on Tuesday filed an application in the court of first class judicial magistrate Shekhar Kumar to seek an order to seize properties of all the accused of real estate scam unearthed recently.