2024

Smart Cities Mission: 400 projects in over 10 cities may miss revised deadline | Latest News India

Smart Cities Mission: 400 projects in over 10 cities may miss revised deadline | Latest News India

New Delhi: As many as 400 projects being undertaken by about ten cities under the Centre’s flagship Smart Cities Mission (SCM) are unlikely to meet the extended deadline of June 2024, an official aware of the matter said on Thursday. A total of 100 Smart Cities have been selected through four rounds of competition from January 2016 to June 2018 (Twitter/@SmartCities_HUA) The ministry of...

MCD drive to geotag properties in Delhi fails to elicit expected response | Latest News Delhi

MCD drive to geotag properties in Delhi fails to elicit expected response | Latest News Delhi

The Municipal Corporation of Delhi (MCD) drive to geotag commercial and residential properties in the Capital has received a poor response, with just 78,000 properties being geotagged by their owners — far short of the target of 1.5 million properties by the end of January, civic officials aware of the matter said on Thursday. Delhi is estimated to have more than 3 million buildings, but only...

Ajmera Realty, Keystone Realtors partner to redevelop housing project in Mumbai

Ajmera Realty, Keystone Realtors partner to redevelop housing project in Mumbai

Ajmera Luxe Realty Private Limited, a joint venture between Ajmera Realty & Infra India Limited (ARIIL) and Keystone Realtors Limited will execute a redevelopment project in Bandra West, Mumbai. Both companies will hold a 50% stake in the project, which is expected to generate a Gross Development Value (GDV) of ₹760 crores, the companies said in a statement. Ajmera Luxe Realty Private...

Puravankara launches plotted development project in Chennai

Puravankara launches plotted development project in Chennai

Purva Land, the plotted development arm of listed real estate developer Puravankara Limited, has launched a new wellness themed plotted development spread across 50 acres in Guduvanchery, Chennai, the company said on January 18. Purva Land, the plotted development arm of listed real estate developer Puravankara Limited, has launched a new wellness themed plotted development spread across 50...

At least 97 land deals for more than 2700 acres closed in 2023

At least 97 land deals for more than 2700 acres closed in 2023

The land acquisition spree of financially strong developers and entities continues and as many as 97 separate land deals were closed for over 2707 acres closed in 2023 across the country. Backed by strong residential sales momentum across cities, at least 72% of the total land area closed in 2023 is slated to be used for residential development, data shared by Anarock Research showed. HT Image...

Share of green office leasing touches 16% in 2022-2023: Report

Share of green office leasing touches 16% in 2022-2023: Report

The share of green office leasing in India has touched 16 percent in 2022-2023 with global office occupiers, especially Global Capabilities Centres, and institutional landlords being at the forefront of sustainable practices. The number is expected to touch 20% in the next one year, a JLL – CRE Matrix report said on January 18. The share of green leasing in India has touched 16 percent in...

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