Tata Housing and Arvind launches ‘New Haven Compact’
Tata Housing and Arvind Real Estate, the real estate arm of Arvind Limited has announced the launch of the phase-II of the 135 acre integrated sustainable township in Ahmedabad.
Tata Housing and Arvind Real Estate, the real estate arm of Arvind Limited has announced the launch of the phase-II of the 135 acre integrated sustainable township in Ahmedabad.
Singapore-listed technology park developer Ascendas is close to acquire an IT Special Economic Zone of Shriram Properties in Chennai for about Rs 500 crore, said banking sources close to the development. Ascendas, which owns a string of business parks in India, is said to have pipped competing offers from other global investors Tishmen Speyer, Xander Group and Mapletree, a real estate arm of Temasek.
The new concept of integrated townships is now more about a single developer taking over a large tract of land. There are benefits too. “The infrastructure is under the developers’ control,” explains Anuj Puri, Chairman and Country Head, JLLI, adding that the developer can plan and use the FSI better, and long-term maintenance is a possibility.
Tata Housing has launched its first pan-India retail brand – GoodLife, specially designed to bring mall culture to urban localities where there are no malls.
Industry body NAREDCO admits that a lot is needed by the Finance Minister rather than just the tax exemption, which again was needed keeping in view the housing shortage which is one of the biggest challenge for the government of the day.
Supertech has launched the launch of ‘ORB’ — a circular-shaped, 50 storey luxurious residential development, masterminded by the former bollywood actress and interior designer Twinkle Khanna.
Chintels India, the Delhi-NCR based developer has announced its new corporate identity with the launch of a new corporate logo.
Ozone Group, the Bangalore-based realty developer, is raising a debt of Rs.500 crore from a consortium of banks led by State Bank of India (SBI) for its upcoming residential cum commercial township project – Ozone Urbana.
Punjab’s first planned eco city, christened New Chandigarh by the State Government, has started to buzz with the major real estate developers and housing societies.
Villas are a unique product because unlike in apartments, the buyer gets to own the piece land on which the villa is built.