Listed real estate developer Keystone Realtors, also known as Rustomjee Group, is planning to foray into the data centers segment and launch plotted development projects, said Boman Irani, chairman and managing director, Rustomjee Group. Listed real estate developer Keystone Realtors, also known as Rustomjee Group, is planning to foray into data centers and launch plotted development projects,...
Construction
The Yamuna Expressway industrial development authority (Yeida) has decided to acquire 6,000 hectares of agricultural land to develop a city near the Noida International Airport along the Yamuna Expressway, people familiar with the matter said. Yeida said demand for residential, commercial, institutional, and other kinds of land has increased because the Noida airport is set to become operational by...
The National Company Law Appellate Tribunal (NCLAT) on Friday upheld Mumbai-based Suraksha Group’s resolution plan for the debt-ridden Jaypee Infratech Limited (JIL) that has failed to deliver around 20,000 apartments in its housing project “Wish Town” in sectors 128, 129, 130, 131 and 132 areas along Noida-Greater Noida Expressway. The Yamuna Expressway Industrial Development Authority...
Pune's real estate developer Vishal Agarwal's 17-year-old son Vedant Agarwal is in the news since the last five days as a Porsche car of the Agarwal family allegedly driven by Vedant rammed into a bike on May 19 killing two people. Agarwals are a prominent real estate developer in Pune and have been doing business under the name of Bramha in Pune since the last four decades. Below are the five things...
Divi's Labs founder's daughter, Nilima Prasad Divi, has purchased two properties worth ₹80 crore in Hyderabad's posh Jubilee Hills area, according to documents accessed by Zapkey. Divi's Labs founder's daughter, Nilima Prasad Divi, has purchased two properties worth ₹80 crore in Hyderabad's posh Jubilee Hills area (Representational photo)(Unsplash) Pharma company Divi's Laboratories was...
Delhi-NCR, once notorious for speculation-driven housing oversupply and all-round market disarray, is in significantly better shape than the other regions. Delhi-NCR's unsold inventory has declined by more than half in the last five years, data shared by ANAROCK has said. Delhi-NCR's unsold inventory has declined by more than half in the last five years. (Sourced) The top Southern markets -...
The Yamuna Expressway Industrial Development Authority (Yeida) has decided to launch an affordable housing scheme of 6,500 residential plots near the greenfield Noida international airport, said authority officials on Wednesday. Apart from 6,000 plots of 30 square metres, there will be around 500 plots of size ranging from 200 square metres and 4000 square metres for residential use. The rates...
The Maharashtra Real Estate Regulatory Authority (MahaRERA) on May 23 said that it has suspended registration of about 20,000 agents for a period of one year after they failed to obtain the MahaRERA Real Estate Agent Certificate of Competency. The MahaRERA has said 20,000 real estate agents cannot transact until they clear the competency certification exam. (Pratik Chorge/HT Photo) The...
Godrej Properties Ltd announced on May 23 that it has sold around 650 homes worth over ₹2,000 crore in its project, Godrej Jardinia, located in Sector 146, Noida, the company said in a regulatory filing. Godrej Properties Ltd announced on May 23 that it has sold around 650 homes worth over ₹2,000 crore in its project, Godrej Jardinia, located in Sector 146, Noida, (Representational photo)...
Gurugram-based real estate developer M3M Group has launched an uber luxury project on Golf Course Road Extension for which it will be investing close to ₹1200 crore, the company said in a statement. Gurugram-based real estate developer M3M Group has launched an uber luxury project on Golf Course Road Extension for which it will be investing close to ₹1200 crore The 4-acre project is part...