Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Vasathi Housing Launches Gated Community Project at Hyderabad

Posted: 18 Nov 2010 01:41 AM PST

Vasathi Housing & Infra, a Hyderabad-based real estate developer, has announced the launch of an integrated gated community project, which seeks to provide apartments with community facilities at affordable rates. The company, which is developing 'Vasathi Anandi’ on a five-acre site along the Outer Ring Road towards the new international airport in Hyderabad with an [...]

Sabeers Bhatia’s Nano City Project to be Developed in 2000 Acres

Posted: 18 Nov 2010 01:36 AM PST

Nano City, the much touted project of hotmail founder Sabeer Bhatia, is likely to be curtailed to one-fifth the original size if the project takes off. Nano City — proposed to be developed in Panchkula district, Haryana — was to come up over 11,000 acre but now its size is to be around 2,000 acre. [...]

Tata comes up with Hotel ‘Ginger’ in Chennai

Posted: 18 Nov 2010 01:31 AM PST

Roots Corporation, a subsidiary of Indian Hotels Company, will have another 60 to 70 budget hotels in 23 locations across the country. At present the company had budget hotels in 24 locations. Construction was underway in seven locations and the company has signed for setting up similar hotels in nine cities. Addressing a press conference [...]

Major Realtors Misrepresented Facts-CAG

Posted: 18 Nov 2010 01:27 AM PST

The CAG has accused major real estate firms — Unitech and Allainz Infratech— for misreprsentaing facts to the government for getting telecom licences along with spectrum in 2008 causing huge losses to the exchequer. Six newly incorprated applicant companies belonging to Unitech group (brand name Uninor) had submitted their applications for grant of 20 licences [...]

UD Ministry Sleeps over Delhi Real Estate Bill

Posted: 18 Nov 2010 01:24 AM PST

Illegal buildings, like the one that collapsed in the Laxmi Nagar area on Monday, are mushrooming all over the city, risking the lives of hundreds. But the government doesn’t seem to be bothered much. The Delhi Real Estate Bill has been pending for over three years now with the Union urban development (UD) ministry and [...]

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