Crazeal.com partners RCL to offer discount deals
Crazeal, the India unit of group buying site Groupon has partnered with real estate developer RCL Homes to offer discount on purchase of a property in Karjat in Maharashtra.
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Does the flap of a butterfly’s wings in Europe set off a tornado in Indian real estate?
In 1962, Edward Lorenz, the renowned mathematician from Massachusetts Institute of Technology, published a paper on Deterministic Non-periodic Flow in the Journal of Atmospheric Sciences.
Purvankara to expand in overseas market
Puravankara is eyeing the overseas market for expansion. The company’s maiden project in a foreign soil is coming up in Sri Lanka.
Panchshil signs MoU with Korean firm
Mumbai-based Panchshil Realty has entered into an MoU with Korean company Hanmi Global Co Ltd for a business arrangement by which both parties would jointly pursue and perform consultancy services for project management.
Zandu Realty to develop Mumbai property
Zandu Realty has struck a deal with Sheth Developers to rebuild erstwhile herbal healthcare firm Zandu Pharmaceutical Works’ headquarters in Mumbai’s Dadar neighbourhood into a 2.7-acre commercial complex.
Pragnya invests in Colombo, Andhra Pradesh
Pragnya Advisors, the private equity (PE) fund focussed on real estate, has entered into two deals in Colombo and Rajahmundry, Andhra Pradesh for an investment of $100 million second fund.
Piramal to lend $193 million to realty projects
Diversified Indian conglomerate Piramal Group plans to lend up to $193 million to real estate projects in the current fiscal year to March as it focuses on building its newly launched financial arm, its Chairman said.
Cartel of black money in secondary market needs to be checked
The draft Real Estate (Regulation and Development) Bill, 2011, aims at bringing reforms in the unorganised Indian real estate sector.
Supertech planning to raise bar on skyscrapers
After the launch of North Eye, the skyscraper that is 60 floors and 255 meters above sea level, Supertech, the Delhi-NCR based real estate company is planning to raise the bar of skyscrapers even further.
CREDAI opposes R&R clause in Land Acquisition Bill before Parliamentary Standing Committee
CREDAI has opposed the proposed Land Acquisition and Rehabilitation & Resettlement (R&R) Bill, and said with proposed R&R to the farmers the construction industry would become an unviable proposition.