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October 5, 2018

Only 4.3% of overall urban housing shortage met with PMAY

Housing Shortage in the urban areas is particularly high in Economically Weaker Sections (EWS) at 10 million units, followed by 7.4 million units in Lower Income Group (LIG).Until now, Central assistance to the tune of INR 13,583 Crore has been released and Interest subsidy of INR 1,859 Crore has been credited. Under the PMAY(U) scheme ( as per 8thJuly 2018 release by Ministry of Housing and Urban Poverty Alleviation, Government of India), 51 lakh units have been approved, 28 lakh units have been grounded and only 8 lakh units have been completed.

Market Rating

Panvel, Panvel property market, Panvel real estate, Investment in Panvel, Panvel investment destination, Why to invest in Panvel, Navi Mumbai property, Navi Mumbai property destinations, Panvel housing market, Best properties of Panvel, Panvel housing

September 13, 2018

Upcoming nodes desirable destinations in Navi Mumbai

Analysts active in Navi Mumbai firmly believe that this NRI has got more than one upcoming node in Navi Mumbai where he can invest. Interestingly, the upcoming nodes have been more holistically planned and promise to have better infrastructure.

Beyond Headlines

Track2Realty, Track2Media, India Real Estate, Valuations of Real Estate, Realty News, Property News,

September 12, 2018

Kumari Builders and Developers invests INR 300 crore in 46-acre villa project

Kumari Builders and Developers is investing INR 300 crore in a 46-acre villa project in the city. Through this investment in Kumari Hamlets, the Bengaluru-based residential real estate developer is expanding its property portfolio by 1.8 million sq ft.

Company News

Shriram Properties, Mitsubishi Corporation, Mitsubishi in real estate, Mitsubishi investment in Indian real estate, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty

September 6, 2018

Mitsubishi partners with Shriram Properties for first India investment

This marks Mitsubishi’s entry into the Indian real estate sector and Shriram has been chosen partner for Mitsubishi’s maiden investment. Shriram was earlier chosen partner for first-ever realty investment respectively by TPG, Tata Capital, Walton Street Capital and Starwood Capital.

Headlines

August 31, 2018

Crisis of manpower affecting execution capability?

Irony is that even though the sector has succedded to some extent in attracting the young talent by poaching on professionals from established and matured sectors like IT/ITeS, banking, finance and telecom etc, the retention of these professionals have been quite challenging.

Beyond Headlines

Signature Island Mumbai, Signia Isles, Sunteck Realty, Kamal Khetan, Sotheby's International India, BKC luxury property, Bandra Kurla Complex luxury property, Investment in Mumbai luxury property, Mumbai luxury property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty

August 29, 2018

Sunteck Realty & India Sotheby’s International Realty tie up for BKC project

The projects – Signature Island, Signia Isles and Signia Pearl are home to some of the biggest names in Bollywood and C-level executives of leading banks, corporates and global conglomerates.

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Ashish R Puravankara, Puravankara Ltd, Puravankara Projects, Bangalore real estate market, Provident Housing, India real estate news, Indian realty news, Indian property market news, Real estate news India, Track2Realty

August 23, 2018

Puravankara to launch BluNex Life – NexGen Intelligent Homes

BluNex Life’ will give home buyers and residents a distinct edge by converting their homes into a smart home. As the concept of home automation picks up in India, ‘BluNex Life’ is in line with Puravankara’s vision of providing intelligent homes to new home buyers, who are looking for more smart and safety features, and to stay contemporary.

Network

August 19, 2018

Sumadhura Group launches Sumadhura Nandanam in East Bengaluru

This high-rise luxury project is spread across 2.6 acres with 80% open spaces, offering 250 units with 2, 2.5 and 3 BHK configurations. This comes at the back of their recent launch of a project Sumadhura Eden Garden, spread across 14 acres in Whitefield.

Market Rating

August 14, 2018

Dwarka Expressway hit by delays & legal issues

The Northern Peripheral Road (NPR), also known as Dwarka Expressway, is an 18-km stretch of road that is being developed under the public private partnership (PPP) model. This stretch will connect Dwarka Phase II and Palam Vihar to National Highway 8 near Kherki Dhaula and Pass Pataudi Road. This is a highly lucrative project that has been taken up by the Haryana Urban Development Authority (HUDA).

Brand Rating

August 12, 2018

Serious allegations of title & licensing violations by IREO

The role played by the DGTCP (Director General Town & Country Planning) has also been in question because of its alleged inaction in addressing the concerns of the homebuyers regarding the blatant violations of the provisions of the Haryana Development & Regulation of Urban Areas Act, 1975 and Rules of 1976 made thereunder while failing to stop the illegal sale of units being made by IREO in its name without having been granted any permission/approval for the same by the DTCP under the extant provisions of applicable laws.

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