Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Leela Group all set to Sell Leela Resorts Kovalam for Rs500cr

Posted: 10 Aug 2011 08:25 PM PDT

The Leela Group is set to sell its marquee property in Kovalam, a famous beach on the outskirts of the capital of Kerala, as part of an ongoing exercise to ease its debt burden. The property, Leela Resorts Kovalam, is being sold for 500 crore to NRI Ravi Pillai, said Leela chairman CP Krishnan Nair. [...]

Land Acquisition Bill May Lead to Sharp Rise in Housing Prices: CREDAI

Posted: 10 Aug 2011 08:21 PM PDT

The apex realty body CREDAI said that purchase of private land should not be covered under the proposed land acquisition bill else housing prices would rise sharply and the township development would be difficult. The Ministry of Rural Development has posted ‘The Draft National Land Acquisition and Rehabilitation and Resettlement (R&R) Bill, 2011′ on its [...]

BIDPL to Develop Residential Project in Gurgaon

Posted: 10 Aug 2011 07:23 PM PDT

Brisk Infrastructure & Deve¬lopers (BIDPL), a Gurgaon-based real estate company, has started construction of a residential complex whose design and ambience is based on the Zen philosophy. The project, Lumbini Terrace Gardens, in Sector 109 of Gurgaon, with an outlay of about Rs 125 crore, is the only one in NCR to receive a Crisil [...]

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