Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Hotel Leelaventure Postpones Launch of its Mid-Scale Hotel Brand

Posted: 29 Jun 2011 07:32 PM PDT

Hotel Leelaventure, which operates luxury hotels and resorts under The Leela brand, has put the launch of its proposed mid-scale hotel brand on the backburner. The mid-scale brand Leela Gardens was to be positioned as a three-star property. "We had planned to go to tier II cities with this product. We will go for it [...]

UAE Approves Extension of Visas for Real Estate Investors from Six Months to Three Years

Posted: 29 Jun 2011 07:27 PM PDT

The UAE federal government has approved the extension of visas for real estate investors from six months to three years, it has been announced. The decision, which is likely to boost a struggling real estate market and boost investor confidence, was taken during a Cabinet meeting chaired by vice-president and prime minister of the UAE [...]

Pune Based Kumar Urban Development Ltd Looking to Launch Residential/ Commercial Properties in Pune&Mumbai

Posted: 29 Jun 2011 07:15 PM PDT

As part of its expansion plans, Pune-based Kumar Urban Development Ltd (KUL) is looking to launch seven residential and three commercial projects with a total developable area covering 2-2.2 million square feet in the coming two quarters of this fiscal. The new projects will include two high-end residential and two commercial projects at Pune and [...]

Govt May Approve Amendments to Benami Property Law Today

Posted: 29 Jun 2011 07:02 PM PDT

The union cabinet is expected to approve amendments to the law on benami property law on Thursday to demonstrate its seriousness in fighting the menace of black money. The amendments to the Benami Transaction (Prohibition Act) will give the government the power to confiscate any property that is declared as benami, or held in the [...]

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