real estate development

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    Arkade Developers Targets Rs 700 Crore Revenue from Mumbai Redevelopment

    New Delhi, February 16 Arkade Developers Ltd, a real estate firm, announced on Monday that it expects to generate approximately Rs 700 crore in revenue from a redevelopment project in Mumbai.In a regulatory filing, the company stated that it has registered the "development agreement" for the...
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    Shriram Properties Acquires Land for Rs 600 Cr Project in Bengaluru

    New Delhi, February 16 Shriram Properties Ltd has acquired a 4-acre plot in Bengaluru to develop a housing project, with an expected revenue of approximately Rs 600 crore.In a regulatory filing on Monday, the company announced that it has acquired a plot of about 4 acres on Sarjapur Main Road...
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    Gurugram Development: Signature Global Partners with RMZ Group on Massive Mixed-Use Project

    New Delhi, February 15 Signature Global, a real estate firm, plans to develop a branded luxury housing project in Gurugram with an estimated revenue of around ₹5,000 crore, a top company official said.Signature Global Chairman Pradeep Aggarwal expressed confidence that the company will achieve...
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    Funding Affordable Housing: Initiatives Announced at Real Estate Conclave

    New Delhi, February 14 Union Minister Manohar Lal indicated on Saturday that a dedicated fund could be established to revive stalled housing projects approved prior to the implementation of RERA, in line with broader industry suggestions to ensure a win-win settlement for both promoters and...
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    Real Estate Boost Expected as Delhi-Ghaziabad-Meerut Corridor Opens

    New Delhi, February 14 The remaining sections of the 82-km Delhi-Ghaziabad-Meerut Namo Bharat corridor, connecting Sarai Kale Khan in Delhi with Modipuram in Meerut, are expected to be inaugurated on February 22 by Prime Minister Narendra Modi, an official said on condition of anonymity...
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    RMZ Group and Signature Global Partner on Rs 1,283 Cr Gurugram Project

    New Delhi, February 14 Realty firm Signature Global has formed an equal joint venture with RMZ Group to develop a mixed-use project in Gurugram, with the Bengaluru-based firm investing Rs 1,283 crore.In a regulatory filing, Signature Global said it has formed a joint venture with RMZ to...
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    RERA Reforms Drive Housing Development in Jammu & Kashmir

    Jammu, February 13 The chairperson of the Real Estate Regulatory Authority in Jammu and Kashmir, Satish Chandra, said on Friday that the National Buildings Construction Corporation is likely to undertake RERA-approved housing and real estate projects in the Union territory.Speaking at a panel...
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    RERA Reporting Gap: 75% of State Authorities Not Publishing Annual Reports

    New Delhi, February 13 The homebuyers' body, FPCE, said on Friday that many state real estate regulators are not fulfilling their statutory obligation to publish annual reports on a regular basis.In a statement on Friday, the Forum For People's Collective Efforts (FPCE) pointed out...
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    Naredco Calls for Incentives for Affordable Housing and Rental Homes

    New Delhi, February 13 The real estate body, Naredco, said on Friday that the government should promote the affordable housing segment and provide incentives for the development of rental accommodation to achieve "Housing for All" and boost the growth of the real estate sector.Addressing a...
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    Study Launched to Address Building Height Restrictions Near Airports

    New Delhi, February 13 Civil Aviation Minister K Rammohan Naidu on Friday said a study is being conducted with the assistance of the global aviation body, ICAO, to explore solutions that can address issues related to height restrictions for buildings around airports.India is one of the...
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    Civil Aviation Minister Highlights Real Estate Potential Amidst Airport Development

    New Delhi, February 13 India aims to have 50 more airports in the next five years, which will also create significant opportunities for the country's real estate sector, Civil Aviation Minister K. Rammohan Naidu said on Friday.Noting that airports are the "foundation" for the real estate...
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    Commercial Real Estate Growth in Noida Drives New Investment

    New Delhi, February 12 Exotica Housing, a real estate firm, will invest around Rs 500 crore to develop a commercial project in Noida to expand its business amid strong demand for prime office spaces.In a statement on Thursday, the company announced the launch of a 5-acre commercial project...
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    Gurugram Project Sees Strong Demand: Ashiana Housing Converts EOI to Bookings

    New Delhi, February 11 Ashiana Housing Ltd announced on Wednesday that it has sold 242 homes in its new residential project in Gurugram for Rs 767 crore.In a statement, the company said it has converted Expressions of Interest (EOI) into confirmed bookings for 242 units at its kid-centric...
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    Political Fallout Over Land Allotment Near Military Academy

    Dehradun, February 10 The transfer of nearly 20 acres of land located near the Indian Military Academy (IMA) here, allegedly for constructing an Islamic educational institution, has come under scrutiny.The land was reportedly allotted around two decades ago by the then Congress government...
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