Brys Group gives Rs 330 crore construction contract to UAE’s ACC
Track2Realty-Agencies: Brys Group has given a Rs 330-crore contract to UAE-based Arabian Construction Company for the development of 81-storey tower in Noida.
Track2Realty-Agencies: Brys Group has given a Rs 330-crore contract to UAE-based Arabian Construction Company for the development of 81-storey tower in Noida.
Track2Realty: As consumers continued to face inflation and high interest rates in April, average household spending seemed unlikely to recover in the near term. Subdued market sentiments looked likely to continue unless consumer confidence began to rise.
Track2Realty: Sustainable and inclusive urban development is of particular importance at this juncture of our economic growth. With the urban infrastructure of our major metropolitan cities bursting at the seams from increasing urban migratory patterns—which is only set to accelerate in years to come—the development of new integrated cities has become the need of the hour.
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 Exclusive: Stable government has been the buzz word in India for quite some time; it has actually been one of the focal points of General Elections of 2014. In India since 1984 no government at centre could take charge of the office without the added baggage of unlike minded friends as alliance partners.
Track2Realty Exclusive: To say that the Indian business community in general and the real estate developers in particular desperately wanted a change in the business outlook and hence change in the government would be stating the obvious. For the last couple of years they were cribbing about policy paralysis, inflation, and negative sentiments, and hence the developers are visibly elated with the change of guard at the Centre.
Track2Realty Exclusive: Analysts have been wondering in the last couple of years that when the property market across the country had been witness to slowdown, how come Coimbatore market kept its momentum up with no visible signs of stress. As a matter of fact, the property prices in the city across the asset class noticed upward movement in the range of 10-15 per cent, thus bucking the trend of slowdown.
Track2Realty: The Housing Sentiment Index (IIMB MB HIS) assessed by IIM Bangalore and Magicbricks forecasts that homebuyers across 8 of the 10 cities surveyed expect real estate prices to rise over the next six months. The aggregate Housing Sentiment Index (HSI) measured across 10 cities this quarter stood at 108. (An HSI score of 100 suggests the prices would remain static).
Track2Realty: Tata Housing, has announced the launch of its mixed use township at Colombo in Sri Lanka. The project in partnership with UDA (Urban Development Authority) of Sri Lanka will commence its operations with starting construction of residences for rehabilitation of the current tenants in the phase one and also launch a mix use development project at slave Island in Colombo. The company will invest over $ 400 million for the project.
Track2Realty Exclusive: Prophets of doomsday in Mumbai who till only recently have written off the growth of the city and its realty market due to saturation and infrastructural bottlenecks are today very apprehensive lot. The proposed industrial corridors promise to open the floodgates of new investment opportunities and make them eat their own words. Mumbai which has been facing stiff competition with certain other emerging markets is expected to redefine the financial capital of the country once the first corridor Delhi-Mumbai Industrial Corridor (DMIC) project is over and investors find avenues like gold mine on the ground.