PROPGUIDE − A Complete Property Guide

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

Loading video...


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, Adarsh society, Brookfield, Pragati Maidan, India Trade Promotion Organisation, Azure Power

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

PropTiger Q2 Report FY'16: How North India's Hottest Real Estate Markets Fared In Q2’FY16

PropGuide compares the residential real estate markets of Noida (including Greater Noida and Yamuna Expressway) and Gurgaon (including Bhiwadi, Dharuhera and Sohna) head-to-head.

November 10 2015

+ Click Here To Read This Article

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

6 Emerging Real Estate Destinations For NRIs

PropGuide looks at some of the emerging real estate destinations for NRIs in India.

August 27 2015

+ Click Here To Read This Article

6 Reasons Gurgaon Is The Investment Hub For NRIs

NRIs from the US, Canada and the Middle East have been showing a keen interest in upcoming properties in Gurgaon.

June 05 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: Sebi Relaxes Norms For REITs And InvITs

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

December 01 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Demonitisation Drive May Fund ‘Housing For All’ Dream

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

November 30 2016

+ Click Here To Read This Article

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

Categorised into four, the Supreme Court approved these codes today.

PropGuide lists prime factors that makes KR Puram an emerging real estate market.

Rs 500 and Rs 1,000 were banned from November 8 midnight. What will be the impact on real estate...

Due to many reasons, real estate developers will not reduce property prices in the coming future.

An ancestral property is the one which one inherits from one’s forefathers.

The Modi government has decided to demonitise currency notes of Rs 500 and Rs 1,000. That has left...

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

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

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

PropGuide dejargons complex real estate terms for you.

Subscribe Now

To stay tuned with real estate updates


x +

Drop Your Query here