January 14, 2009 – 2:15 am
The unprecedented rush for flats constructed by the Maharashtra Housing and Area Development Authority (MHADA) has proved that even in times of recession there is a huge demand for affordable housing in Mumbai.
Mhada’s affordable housing scheme for the economically weaker, lower, middle and higher sections of society has seen upto 1.89 lakh application forms picked [...]
By rajani
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Posted in Property News
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Also tagged Adequate Land, Affordable Housing Scheme, Application Forms, Bureaucrat, Crore, Estate Consultant, Home Buyers, Housing Recession, Mhada Housing, Mumbai, Private Developers, public housing, Regulation Act, Rupees, Rush, Urban Land
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November 14, 2008 – 3:42 am
Saviour Group, a company dealing in land acquisition and consolidation, has declared that it will soon launch an eco-friendly real estate project named Greenisle on Expressway (NH-24), Ghaziabad. The project, to be spread over six acres, promises to be India’s best evergreen real estate project, according to company directors, Mr Iqbal Singh Sodi, Mr Lakhbir [...]
By rajani
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Posted in Property News
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Also tagged Benefit, Company Directors, Environmental Impact, Evergreen Real Estate, Ghaziabad, India, Iqbal Singh, Nascent Stage, Rastogi, Real Estate Project, Saviour
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October 25, 2008 – 2:56 am
Given the current turmoil in the market and subsequent impact on real estate, Hindustan Construction Company has decided to put on hold its planned townships in Pune, Nasik and Thane. Land acquisitions for these projects have been deferred for now given the high interest rates and low liquidity in the market.
HCC will focus more on [...]
Parsvnath Developers, the Delhi-based realtor, plans to invest up to Rs 500 crore for land acquisitions in fiscal 2009. However, it will not be aggressive in ramping up its land bank and would acquire land for its projects.
In its latest quarter, the BSE-listed Parsvnath added 66 acres of land.
Pradeep Jain, chairman at Parsvnath, said the [...]
By rajani
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Posted in Property News
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Also tagged Accruals, Convenience Stores, Formal Announcement, Four Star Hotels, Hotels In Shirdi, Hypermarkets, India Real Estate, Kochi, Land Acquisitions, Mohali, Mysore, Parsvnath Developers, Private Equity Funds, Sezs, Special Economic Zone
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There is going to be a major price correction in the real estate market in the subsequent three months. Land owners and builders are holding on to the selling price of their properties due to the ongoing monsoon but post-monsoon, prices would nose-dive 15-20%. Builders and property consultants preach that monsoon season is considered to [...]
By rajani
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Posted in Property News
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Also tagged Akruti, Bangalore, Bank Loans, Jones Lang Lasalle, Land Deals, Monsoon Season, Mumbai, Property Consultants, Real Estate, Real Estate Developer, Real Estate Developers
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