Hindustan Construction Company (HCC) today said it has bagged two major contracts worth Rs 1,534 crore in various business segments including one in Jammu & Kashmir for construction of a tunnel.
Godrej Properties has launched its residential project, Godrej Summit, in Sector 104, Gurgaon. Spread over 21 acres, this project will consist of 11 high rise towers and offer about 1,200 homes across 2 mn sq. ft of space. Customers can choose from 2, 3 4 BHK, and penthouse apartments ranging in size from 1,250 sq. ft. to 4,500 sq. ft.
Sodexo establishes its technical expertise and footprint in the Indian facilities management market with operating projects that total a 90 million square feet of property space across the country. Sodexo teams help businesses maintain every aspect of their facility, with services spanning housekeeping, project management, waste management and preventative/corrective maintenance.
In a bid to check the mushrooming growth of slums in the state, the Odisha government is planning to create rental housing at an affordable monthly rent of up to Rs 2,000 for the poor.
With overall vacancy increasing and business and investor sentiment low, why are office rents in many micro markets in Mumbai still increasing? In the recent past, many corporate decision makers have been wondering aloud why the rents and capital values in markets such as Lower Parel and BKC have risen in the last 4-5 months.
HCorp Realty Pvt. Ltd. through its subsidiary group company, Blaze Conbuild, offers first-of-its-kind opportunity to own a piece of customised cottage in the lap of Himalayas. The project called Mystic Mountain, is strategically located in the lap of nature in Almora, Uttarakhand. Around 25 km away from Mukteshwar, this is first such project that offers options of individual plots and customised luxury cottages of various sizes.
LIC Housing Finance, a subsidiary of Life Insurance Corporation of India (LIC) plans to disburse around 8-10 percent of its total loan portfolio to developers by the end of this fiscal, a top company official said.
A division bench of the Supreme Court today stayed the Bombay High Court judgment in VAT case and passed an interim order extending the deadline for developers in Maharashtra for paying VAT by two months.
A DTZ survey has found unrest in Noida Extension has had a mild impact on total number of housing units planned. The survey says that the total number of housing units that were planned before the unrest in Noida Extension has remained more or less the same with a minor downward revision.
The Noida Extension land acquisition fracas was all about the authorities allowing developers to acquire land at considerably low prices from farmers and also changing the planned use pattern from industrial to residential. Farmers revolted and were able to gain wide support from different quarters.