Realty News Roundup: 100 Cities Picked For Smart City Project; Rohit Sharma Buys Luxury Home In Mumbai

Realty News Roundup is PropGuide's selection of top stories from the real estate sector

Top News
The Government has completed the first task in its ambitious mission to build smart cities across the country. The Ministry Of Urban Development has said the Government has short-listed 100 cities for the Rs 1 lakh-crore project. The list of names will be announced this week. Read here.

The Land Acquisition Bill continues to keep the real estate sector in a fix. A Parliamentary Joint Committee examining the Bill has been given an extension to submit its report on the Bill till the Winter Session. Read more.

This Independence Day brings a good news to the home buyers in Jaipur. The Jaipur Development Authority will announce the launch of six new schemes in the city on August 15. These schemes will develop 5,341 independent apartments and 621 flats. Buyers can apply online between August 15 and September 15. Read here.

Off the front page
Latest to the celebrity home buying, cricketer Rohit Sharma has bought a new luxury apartment in Ahuja Towers, Worli, Mumbai. The sea-facing flat is worth Rs 30 crore. Read more.

Business watch: Latest in the quarterly report of real estate companies, Ashiana Housing Ltd has reported a net profit of Rs 6.71 crore for the quarter ended June 30. Meanwhile, DLF has raised Rs 1,000 crore through issuance of non-convertible debentures.

Opinion
Some tips on how to make the most of you home space. Read here.

Kishor Pate, Chief Managing Director, Amit Enterprises tells you why it could be a good idea to buy home during the monsoon. Read here.