PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Centre To Take Over Adarsh Building In Mumbai Today

Loading video...

Description

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

Adarsh Society, the controversial 31-storey building, will formally be handed over to the Central government today, in keeping with the July 22 order of the Supreme Court. No one presently occupies the building, which the environment ministry had directed to be demolished in January 2011 for violation of green norms.

Brookfield, the Canada-based world's second-biggest manager of alternative assets like real estate and private equity, has emerged as the frontrunner to take over the entire portfolio of 11 road projects of Anil Ambani’s Reliance Infrastructure for an enterprise value of Rs 8,000 crore. The company is expected to sign a sale agreement next month.

Apart from donning a new look by 2019, Pragati Maidan will also house a hotel to cater to the hundreds of delegates who visit the venue for various events organised round the year. India Trade Promotion Organisation (ITPO) chairman and managing director LC Goyal said that the work of constructing and managing the hotel, which will be spread over 3-5 acres, will be given to a private developer. 

Solar energy developer Azure Power has tied up with DLF to set up solar projects on the rooftops of the developer's properties, mainly in Gurgaon, where the first smart grid is coming up. To boost rooftop solar plants, Haryana has made such projects compulsory in residential, industrial and government buildings in the state.

Tags: Gurgaon, Video, supreme court, propguide, Reliance Infrastructure


#RealtyNewsRoundup: Gurgaon Civic Body To Auction Properties Of Tax Defaulter

Here are the day's top news stories from the real estate sector.

July 21 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Maharashtra To Hike Stamp Duty On Gift Deeds

Here are today’s top stories from the real estate sector.

May 17 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Maharashtra CM Approves Consumer-Friendly RERA

Here are today’s top news stories from the real estate sector.

March 23 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Haryana Govt Nod To Gurugram-Manesar Metro [Video]

Here are today's top news stories from the real estate sector.

February 06 2017

+ Click Here To Read This Article

#RealtyNewsRoundUp: Proptiger.com, Housing.com Merge To Become India’s Largest Online Real Estate Company

Here are today’s top news stories from the real estate sector.

January 11 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Haryana Govt De-Notifies 85-Acre Aravalis Forest Land [Video]

Here are today's top news stories from the real estate sector.

December 14 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Bank of Baroda To Buy Majority Stake In Central Bank’s Housing Finance Arm [Video]

Here are today's top news stories from the real estate sector.

December 12 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Jaipur-Ajmer Highway To Be Made Six-Lane [Video]

Here are today's top news stories from the real estate sector.

December 07 2016

+ Click Here To Read This Article

Let us look at the key factors that are helping Hyderabad and its real estate grow bigger day by...

According to a recent ruling by the Income Tax Appellate Tribunal, a taxpayer can invest capital...

Here are the day's stop news stories from the real estate sector.

Bengaluru real estate is known for its wide range of properties in the luxury segment. So, if you...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

The state Legislative Assembly has amended the Maharashtra Stamp Duty Act to increase the charges...

Expecting the arrival of an airport, real estate developers have invested heavily around Jewar....

As the completion date of the Southern Peripheral Road nears, PropGuide on how the new corridor...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top