Guidelines for banks, HFIs on property valuation in a month
The National Housing Bank (NHB) and Indian Banks’ Association (IBA) are jointly preparing the norms, standards and procedures for real estate valuation.
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Alexandria wins bid to build Bangalore’s biotech park
The Karnataka government has announced that Bangalore Helix, the much-awaited biotechnology park, has been awarded to Alexandria Real Estate, the highest bidder.
ASCC launches $33 million housing project in New Chandigarh
Evader, Inc. subsidiary ASCC has announced to launch a 480-unit integrated group housing project, in New Chandigarh valued at $33 million U.S.
Fairmont Raffles lines up India expansion plan
Fairmont Raffles Hotels International (FRHI) has joined the list of global hospitality majors who are upbeat about the India growth story.
The tile factor
Is their a real fight between tiles & marble? Do you really know what you are buying? Why should one buy vitrified tiles leaving behind the lure of marble?
KUL launches 1st township designed by buyers
In a first ever realty project based on designs from prospective home buyers in India, Mumbai-Pune developer Kumar Urban development Limited (KUL) today announced the launch of an integrated eco-friendly township in Pune’s IT hub at Hinjewadi.
Nirvana Consultants launches real estate job portal
Nirvana Consultants have launched a specialized portal for the benefit of the candidates as well as companies in Real Estate.
Hiked interest rates – Impact on the real estate sector
It has always been axiomatic that when financial institutions raise their lending rates, there are bound to be ripples on the highly cost-sensitive Indian real estate market.
TCG-Vornado fund to invest Rs 270 crore in NCR, Mumbai projects
India Property Fund, managed by NRI investor Purnendu Chatterjee’s TCG Real Estate and US-based Vornado Realty Trust, is in the final stages of investing Rs 270 crore in two residential developments in national capital region and Mumbai.
PVR to sell Phoenix Mills property to JM Financial
Film exhibitor and distributor PVR said on Thursday it has entered into an agreement with Infinite India Investment Management, a part of JM Financial Group, for sale and leaseback of its multiplex property in Mumbai for Rs 100 crore.