Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Rahejas withdraw from Vadodara IT SEZ

Posted: 27 Sep 2010 02:46 AM PDT

Strength Real Estate, a Mumbai-based company of realty giant Raheja group has decided not to go ahead with its proposed IT Special Economic Zones (SEZ) at Vadodara. The SEZ was supposed to come over 13.74 hectares at Vamali in Vadodara district. The company recently informed the state and the central government about its decision to [...]

Real Estate Developer Kalpataru to raise Rs 1,000-cr via IPO

Posted: 27 Sep 2010 02:42 AM PDT

Realty firm Kalpataru has joined the bandwagon of property developers that are planning to cash in the rising stock market and has filed the draft papers with the market regulator Sebi for the Rs 1,008-crore initial public offer. Kalpataru, the flagship real estate company of the Kalpataru Group, has filed the draft red herring prospectus [...]

High Prices Making Home Buying a Pocket Burning Affair

Posted: 27 Sep 2010 02:39 AM PDT

While new developments continue to take shape around the periphery of metros, high prices in relatively prime locations make buying a home a mind-numbing, pocket-burning affair. However, there is also a select section for whom matters such as price and, possibly, even practicality are outweighed by the opportunity to flaunt their affluence. Catering to this [...]

NCR can Have 30,000 Acres of Land Available for Residential Construction

Posted: 27 Sep 2010 01:04 AM PDT

The National Capital Region (NCR) may soon have 30,000 acres of land available for residential construction, if the government's steps in this direction bear fruit. The Centre is attempting to fast-track the resolution of disputes over NCR title deeds, which force developers to stay away. NCR is estimated to be short of 5 lakh housing [...]

CCI Orders Ad-Interim Stay on DLF’s Luxury Projects in Gurgaon

Posted: 27 Sep 2010 01:01 AM PDT

The Competition Commission of India has imposed an ad-interim stay on the DLF's proposed luxury projects — Park Plaza and The Belaire — in Gurgaon. As per the order the real estate major has been asked not to cancel allotments of apartments and to refrain from creating third party rights in its place, according to [...]

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