Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DLF Generated Revenue of over Rs 530 crore in January

Posted: 14 Feb 2010 11:15 PM PST

DLF Ltd, the largest real estate developer in the country by market value, has generated revenue collection of over Rs 530 crore in January as it stepped up execution process for the development of properties, its senior official said. The developer was able to sell Rs 480 crore worth of new properties and received Rs [...]

Ansal API Planning to Set Up an 80-Acre Biotech Park in Lucknow

Posted: 14 Feb 2010 11:11 PM PST

Ansal API, the Rs 700-crore real estate firm, is planning to set up an 80-acre biotech park in Lucknow at an investment of close to Rs 1,000 crore. The proposed biotech firm, expected to be launched by year-end, would house around 42 biotech firms and a central processing zone with state-of-the-art facilities including high-tech labs. [...]

Orissa Continues to Dominate India Inc’s Investment Plans

Posted: 14 Feb 2010 09:43 PM PST

Orissa continues to dominate as a leading player in the India Inc’s investment plans in 2009 despite economic slowdown by mopping up a whopping domestic investments worth Rs 2,00,846 crore in the year. Only Gujarat, with Rs. 2,45,352 crore worth of investment plans, registered the highest share in domestic investment plans during January to December, [...]

Real Estate Developers Expecting a Lot from Budget 2010

Posted: 14 Feb 2010 09:40 PM PST

Developers are re-calculating the upwards swing in the real estate industry, especially housing, provided Government pays special attention the sector. Various developers voice their expectations from Budget 2010. AVNISH AGRAWAL, DIRECTOR, MERITON GROUP- Talking from common man’s perspective, the bank interest rates should be stabilised. Most importantly, stamp duty should be reduced as it puts [...]

59 Farmhouses in Delhi face Demolition Threat

Posted: 14 Feb 2010 07:15 PM PST

About 59 farmhouses in the Bijwasan area of north-west Delhi face the threat of demolition for carrying out unauthorized constructions. The Municipal Corporation of Delhi (MCD) gave an undertaking before the Delhi high court (HC) on Friday saying it would demolish the illegal structures in the farmhouses and had already sealed 53 properties. The MCD [...]

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