There are about 250 residential projects (including old and new housing societies) in Noida and 204 in Greater Noida and Greater Noida (west).
What makes this redevelopment so unique is that the entire project - from conception to construction- has been executed by the society members themselves without a builder.
The average occupancy costs – including rent, taxes and service charges – in Connaught Place are at $142, which is higher than Pudong in Shanghai, Shinjuku in Tokyo and even Singapore.
The company recently raised $10.2 million from Singapore-based marketing technology company FreakOut. With this fourth multi-million dollar round, the co-working office provider has raised $33 million.
Sops such as lower interest rates on loans and minimal downpayments are seeing more homes bought in the woman’s name.
Several investors alleged that the developers failed to deliver all promises made by them, including possession of flats before the deadline, high construction quality and a good layout plan even after receiving 90% of the payment.
Three two-bedroom flats in Dhavalgiri building near August Kranti Maidan and Grant Road station, are priced at Rs 5.8 crore, Rs 5.1 crore and Rs 4.9 crore. The lottery will be drawn on December 16.
A government order has been issued by the Civil Aviation Department after a nod from the state cabinet.
The minister said that he was looking to collect feedback to help improve living experience in urban spaces in the state.
Housing societies will be taking up over 70 different initiatives and will showcase them at the Housing Society Management Show (HSMS-2018) slated between December 14 and 16 at Nehru Centre, Worli, said association chairperson Ramesh Prabhu.
Also, if a tenant has transferred the pagdi system flat in the name of another person after completing the required legal formalities, the new occupant will have equal rights and will be eligible to get accommodation after redevelopment.
The central government needs to contribute Rs 1.5 lakh crore in seven fiscals through 2022, at an average Rs 1.5 lakh per house. However, only 22% of this, or Rs 32,500 crore, has been disbursed so far, CRISIL said in release.
Members of the residents’ body submitted a representation to UT administrator V P Badnore in this regard on Monday.
The residential project will cost about Rs 211 crore and is expected to be completed within 34 months.
The facility is scheduled to be operational from December 2018. With more than 60 percent of the space having been pre-booked by leading enterprises including Deluxe with 1200 seats, Altron with 220 seats and Playgames 24X7 with 450 seats.
The first phase of the project which will have 5 stations - starting from Noida sector 71 and go on to sector 122, sector 123, sector 4 to Greater Noida west at Ecotech 12 and culminate in Greater Noida sector 2 - will kick-off soon, sometime in 2019.
As entrepreneurship catches on, factors like availability of land and low-cost lease rates are contributing to the growth of this realty segment.
The debt was raised 1.5 years back and was used for the construction of Gaur City Mall in Greater Noida West, the company said.
Chief minister Devendra Fadnavis had earlier stated that the land acquisition for the project would start “very soon”.
The Hyderabad-based construction major plans to develop over five million sq ft of office space and around a million sq ft of retail projects across Andhra Pradesh and Telangana to drive growth.
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In 2019, these top seven markets of Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata together are forecast to record an all-time high net absorption of over 37 million sq ft, the level achieved in 2011, said a JLL India report.
Office rental values increased 9.4-32% from a year earlier in the micro-markets of Bengaluru, Kolkata, Pune and Chennai in the third quarter of 2018, placing them in the top 10, as per Colliers International.
A Google representative confirmed the $1 billion purchase price for the office park but did not comment beyond that, the Mercury News reported on Monday.
Last month, the Madras high court had appointed a negotiating committee comprising representatives from the Chennai Metropolitan Development Authority (CMDA),
The appointment, effective December 6, will see Kapoor spearhead new real estate business opportunities for the company, which will include exploring new domains and categories, and other strategic initiatives, according to an official statement.
The company has debts of around Rs 2,500 crore and says will use the cash to complete its pending projects and reduce debt.
The committee has directed authorities to come up with a plan for preventing pollution from these sources and for proper disposal of faecal sludge and other wastes, according to an action plan for rejuvenation of the Yamuna river, prepared by the body.
The joint venture will develop, lease, and manage around 1 million sq ft of office and retail space on the four-acre property.
Puravankara has already acquired strategic land parcels in Bengaluru, Mumbai, Pune and Hyderabad to fuel its expansion plan.
REPL has been selected as a consultant for the project by Info Tech Corporation of Goa (ITG), the state government’s nodal agency for implementing the project.
The report also highlighted the limited availability of space in operational well-performing malls coupled with an upward pressure on real estate costs in these centers, as a concern for brands looking to enter the Indian market.
Sources said National Highways Authority of India (NHAI) will need to get forest clearance for about four km out of the total 10km of the expressway, which fall in Delhi.
Hosur Road, comprising Begur, Kudlu Gate, Singasandra and Electronic City, is drawing attention because of the upcoming Metro rail line, which will improve connectivity to the central business district (CBD).
Higher incomes, entrepreneurial opportunities and easy access to information are factors helping guide their decision.
Responding to a text message, the chief minister said, “We will start the land acquisition process (for the project) very soon.”
IHG will open 49 hotels across the country by 2020, largely under the Holiday Inn Express brand. The company plans to open 85% of its upcoming hotels under the mid-market brand.
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In his earlier stint with the firm from 2004 till 2011, Jaideep was instrumental in carving a premium positioning for JLL’s hotels & hospitality business.
The corridor is 16.89km long. Of this, the corridor is elevated for 11.5km, section from Pimpri to Range Hills, and will run underground till Swargate for 5.09km.
The company is eyeing acquisition opportunities judiciously in key property markets across India to support its targeted growth, said a top company official.
About 60 per cent of the company's revenue comes from Indian projects while the rest is generated from Middle East and Nigeria.
The company’s consolidated net profit for the half year ended in September rose 45% to Rs 121.8 crore, up 45% from a year ago. Revenue for the first half of the financial year rose 7% to Rs 817.9 crore.
IKEA had signed an MoU with the Samajwadi Party government in 2015 to set up a store each in Lucknow, Agra and Noida with an investment of approximately Rs 500 crore in each.
The details were submitted by them in their reply to an application by the hotel lease holders seeking a stay on the process of eviction.
There are business districts coming up on the outskirts of Pune, Bengaluru, NCR, even Kolkata.
As more first-time buyers explore markets overseas, companies are helping broker deals, explain regulatory systems and tax laws.
The amenities in the projects on the fringes of metros are designed to lure buyers to otherwise less-developed neighbourhoods.
JM Financial ARC is in advanced talks to sell the debt of Hotel Leela to Brookfield, but it is keen to retain 10% stake in the chain post transaction.
From horse stables in Ahmedabad and golf courses in Bengaluru to designer flats in Mumbai, the definition of luxury homes is changing.
Rapid urbanisation, digitisation, rising disposable incomes and lifestyle changes are boosting the sector.
They can help in supervision of under-construction sites, let buyers experience the site using virtual walk-throughs.
The auction which began on 11 am ended at 4 pm at a license fee of Rs 7.03 crore per month or 32.50% of the gross turnover of the property.
In the first phase it will develop five resorts cum holiday-homes totalling 600 keys across holiday destination in Bengaluru
Investment is growing in areas such as Karanjade, Boisar and Dronagiri, due to improved connectivity and infrastructure.
It includes a mall management company, operating Oakwood serviced residences in Bengaluru and under-construction properties in Kochi
Both e-commerce and brick-and-mortar stores will continue to co-exist in India and the organized retail market is growing at compounded annual rate of 20-25%
India’s top seven cities witnessed an addition of about 1.9 million sq ft of fresh supply led by Chennai, Hyderabad and the National Capital Region (NCR), showed CBRE South Asia report
While Taj will be keen to retain its flagship Delhi property, which it has been famously running since 1978, for ITC it will be a chance to have another feather in its Delhi cap
The auction had to be put off twice as it got less than the required number of bids for the five-star property to go under the hammer, New Delhi MP and NDMC member Meenakshi Lekhi told reporters in New Delhi