Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Realty Major Unitech Working on Quality Execution of Projects

Posted: 31 Jul 2011 07:10 PM PDT

Realty major Unitech Ltd is currently developing about 80 projects across the country covering 40 million sq ft of area and focusing on improving its execution capabilities, a top company official has said. “Going forward, the quality of execution will determine whether Unitech will move to the next level or not. And, this is where [...]

Govt Scraps Free FSI in Mumbai

Posted: 31 Jul 2011 06:20 PM PDT

In what is considered a blow to real estate developers, the Maharashtra Government in a notification said that spaces such as flower beds, lily ponds, parking decks and terraces would qualify for a levy of 100 per cent of the ready reckoner rate (guideline value) as premium. Earlier, these spaces were exempt from the floor [...]

Developers & Buyers Relieved as Farmers and Noida Authority Agree on Settlement

Posted: 31 Jul 2011 06:07 PM PDT

Sunday's settlement with farmers in Noida by the Noida Authority should help revive consumer confidence and sales of homes, that had taken a knock after the protests in Greater Noida spilled over there. The farmers have agreed to call off their agitation. "This will immediately restore consumer confidence in Noida," Shakti Nath, CMD, Logix Group, [...]

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