A senior Uttar Pradesh government officer on Monday said a meeting of Noida Authority, Greater Noida, bank representatives and real estate developers was held here on May 20 to discuss an action plan for "stuck up" housing projects in the region.
Real estate development company Sunteck Realty on Tuesday it has acquired around approx 50-acre land parcel in Vasind, Thane near Mumbai to develop a residential project. Sunteck Realty said the project will have a revenue potential of Rs 1,250 crore spanning over next 4-5 years.
Already under scanner in the controversial gold smuggling racket, Chief Minister Pinarayi Vijayan was in for another shock on Wednesday when the agreement between a charitable organisation in the UAE and Life Mission -- the flagship project of the Vijayan government, surfaced in the media.
Demand in the real estate sector plunged in the second half of 2019 as housing sales fell around 22 per cent in July-December compared to the total sales first six months, a report by Anarock Property Consultants said on Wednesday.
Realty firm Puravankara Ltd will invest around Rs 850 crore over the next four years to develop three ultra luxury residential projects in Bengaluru, Chennai and Mumbai.
Real estate developers welcomed the government's move to create a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects, saying it will solve the long-pending problem of homebuyers.
The Modi government on Wednesday announced Rs 25,000 crore fund for stalled real estate projects, out of which Rs 10,000 will be infused by the government.
The government on Saturday announced a Rs 10,000 crore special window to provide last-mile funding for completion of ongoing housing projects which are not NPAs or facing bankruptcy proceedings under NCLT.
NBFCs have been a major source of funding in the last few years for cash-starved real estate firms, which are facing huge demand slowdown.
The company, which is also into hospitality sector, will develop 258 units in the new project called 'Eros Sampoornam I'
Godrej Properties will "develop this project in partnership with realty firm Shipra Group that has presence in north India.
Chhatisgarh: Prime Minister Narendra Modi on Sunday said five crore houses will be built for the poor by 2022 as he laid the foundation stone of 'Pradhan Mantri Awas Yojana' here.He stressed on the need
New Delhi: The National Buildings Construction Corporation (NBCC) is offering new housing projects across the country in the coming months besides working on plans to redevelop as “green complexes” three government colonies in the Capital.The
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