Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Actor/Producer Ajay Devgan Plans to Develop 2 Real Estate Projects in Mumbai

Posted: 05 Oct 2010 02:31 AM PDT

Actor-turned-producer Ajay Devgan has now ventured into real estate and plans to develop a residential and commercial complex in the metropolis. Devgan has allied with the Roha Group , which has been in the sector for the last seven years, for its expertise in the segment. “I am a regular investor in this space. I [...]

Mahindra Group’s Real Estate Arm buys Plots in Suburban Mumbai

Posted: 05 Oct 2010 02:28 AM PDT

Mahindra Lifespaces Developers Ltd, the real estate and infrastructure arm of the Mahindra Group, has bought two plots in suburban Mumbai from group companies to build homes. The firm bought 150,000 sq. ft of land in Kandivali previously used as a warehouse by the group's tractor factory. In Ghatkopar West, it bought 225,000 sq. ft [...]

Dawood Gang Trying to Invest in Mumbai Real Estate: Intelligence Bureau Report

Posted: 05 Oct 2010 02:15 AM PDT

In a report to Mumbai Police, the Intelligence Bureau (IB) has warned that the India’s most wanted man — Dawood Ibrahim — is preparing a blueprint to expand his business in Mumbai. The intelligence report says the underworld don is preparing to enter real estate business instead of extorting money from the builders. He is [...]

Govt Asks Real Estate Sector to Construct Affordable Houses for Urban Poor

Posted: 05 Oct 2010 02:11 AM PDT

Seeking viable solutions to make India slum-free, Government on Monday invited banks, other financial institutions and the real estate sector to use its interest subsidy scheme for construction of affordable houses for urban poor . “There is a need for credit enhancement through appropriate fiscal, legal and institutional mechanism to ensure the flow of capital [...]

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