Tag: Land

After Greater Noida Farmers of Yamuna Expressway Move to Court

More trouble for the builders, farmers of Yamuna expressway may target F1 track. After Noida and Greater Noida, its now turn of Yamuna Expressway land row to cause worries among thousands of homebuyers. Farmers more than 30 villages, along the Greater Noida – Agra toll road, the villagers decided to move to Allahabad High Court […]

Companies with land bank turning realtors

The revival of riches in the real estate sector has encouraged textile companies with huge land banks to enter into property development. Among such companies are textiles major Bombay Dyeing and Century Textiles. Golden Tobacco, manufacturer of the Panama and Chancellor cigarette brands, is also considering to have its real estate arm to utilize its […]

GMADA to start land pooling

The Greater Mohali Area Development Authority will implement a land pooling scheme for three major projects. Farmers whose land will be acquired for the road linking S.A.S. Nagar international airport with Zirakpur and Patiala, Kharar-Desumajra airport road stretch and Mullanpur Urban Estate will be able to avail benefits like owning a plot. Under the scheme, […]

Small Developers Selling Their Land Due To Cash Crunch

Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more […]

Foreign Investors May Avoid Real Estate

Foreign investors may shun the Indian real estate market as lower asset prices in the US and the potential to earn better returns skew the risk-reward equation against emerging markets such as India. Mr. S Sriniwasan, CEO, Kotak Real Estate Fund, said, “Real estate developers face a double whammy of slowdown in the overall growth […]

GMR’s Delhi Hospitality Project Hits AAI Barrier

The GMR Group-backed Delhi International Airport’s (DIAL) plans to develop a 45-acre hospitality district in the capital has hit an air-pocket. Airports Authority of India (AAI), which owns 26% in DIAL, is unwilling to raise the required fund of one thousand crore rupees for the proposed real estate development. It was decided that all the […]

Indian Postal Department Is Planning For SPV For real Estate

The face of Indian postal department is changing, under pressure from modern communication systems. Gone are the days when post offices were used for screening and distributing letters. Today, it is entering into every possible business segment, be it money exchange or logistics. With a network of 1,55,516 post offices in every nook and corner […]