Pointing out that real estate development can revive the sagging economy, developers’ apex body CREDAI has called for launching a mission to make India Housing Surplus from the current status of a housing deficit nation by 2020.
The Mumbai-based Godrej Properties, the real estate development arm of the Godrej Group, announced on Friday, Feb 10, the launch of its first residential project, Godrej Palm Grove, in Chennai.
India-based Pacific Real Estate Development has announced its first property venture in Dubai, the 28-storey luxury tower at Tecom Media City.
Mumbai-based Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched a premium residential project Godrej Platinum at Hebbal, Bengaluru on Airport road.
Malabar Builders, the real estate development arm of jewelery retail chain Malabar Gold, is planning to launch its first township project in Mangalore with an investment of Rs.500 crore.
National Real Estate Development Council in its 13th Annual General Meeting (AGM) on 24th Sep, 2011 at India International Centre (IIC), New Delhi elected Navin M Raheja as President and Sunil Dahiya Dahiya as Senior Vice President.
Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has concluded a Rs.500 crore deal with Jet Airways to develop the latter’s two-acre plot in the Bandra Kurla Complex.
V Square, a Real Estate Development Management Company has launched a commercial project, “114 Avenue”, located at Sector-114, Delhi Extension, Gurgaon.
Bhubaneswar for long has been on the fast track of real estate development with malls and apartments mushrooming everywhere. Only one luxury was missing-a multiplex.
National Real Estate Development Council (NAREDCO), the apex body of real estate industry in the country, expects Finance Minister to grant infrastructure status to housing under section 801A of IT Act, 1961, thereby, treating housing at par to other infrastructure projects.