PROPGUIDE − A Complete Property Guide

#RealtyNewsRoundup: DDA To Come Up With Integrated Townships At Dwarka, Rohini and Narela

Loading video...


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

The Delhi Development Authority (DDA) will develop integrated townships at Dwarka, Rohini and Narela. The agency will develop these areas as high-density mixed-use areas which will have residential, commercial and economic hubs. In this regard, the agency passed a proposal to hire consultants as land in these areas is scattered. According to the DDA, 154 hectares will be developed in Dwarka, 259 hectares in Rohini while 218 hectares of land will be developed in Narela.

To develop luxury housing project across major cities, real estate company Tata Housing is in talks with Australia-based private equity fund Macquarie to set up a joint platform with a capital of about Rs 2,500 crore. The deal is expected to close this month.

In a massive relief for 3,000 homeless families in at Mumbai’s central ordnance depot in Kandivli and Malad, the Maharashtra government will soon lift a ban on redevelopment of housing societies around the depot. In the wake of the Adarsh Housing Society imbroglio, the defence ministry had objected to constructions near such land but now has settled for a 10-metre restriction from the site.

Private equity fund India Value Fund Advisors and Baring Asia will buy ICICI Home Finance for approximately Rs 2,400-2,500 crore. This will end the ICICI Bank’s year-long search to find a new buyer for the business. The deal is estimated to be 1.6 times the value of the book.

Source: Media reports 

For regular updates on real estate, click here

Tags: Delhi Development Authority, Video, Dwarka, Rohini and Narela, Tata Housing, propguide, integrated townships, Adarsh society, India Value Fund Advisors, Baring Asia, ICICI Home Finance

#RealtyNewsRoundup: DDA To Build 1,550 Studio Apartments For Retired Govt Employees In Dwarka

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

September 08 2016

+ Click Here To Read This Article

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

DDA To Auction Vacant Land Parcels. Why This Matters

The Delhi Development Authority has decided to auction land parcels in densely populated areas of the city to protect its vacant land parcels from encroachment. PropGuide on why is this important.

October 12 2015

+ Click Here To Read This Article

How Delhi Land-Pooling Policy Will Affect Realty Prices

With the Delhi Government getting the Centre’s nod for a land-pooling policy, we look at how this is going to change the realty scenario within the national capital and NCR.

August 19 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: Want To Bring Down Your Home Loan Cost? Insurance Could Be The Key

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

February 13 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Nudged By World Bank Report, Govt May Ease Construction Permit Norms [Video]

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

February 08 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: New FSI Plan To Redevelop Old Buildings In Mumbai Suburbs [Video]

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

January 05 2017

+ Click Here To Read This Article

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

Confused about the the difference between carpet area, built-up area and super built-up area? Here...

Pune real estate market is bustling with development of under construction as well as ready for...

The Centre recently gave its go-ahead to the construction of the national capital region’s second...

Goods And Services Taxes (GST): The Rajya Sabha on Wednesday passed the Constitution Amendment Bill...

 Union Budget 2017-18 is being presented by Finance Minister Arun Jaitley today. This Budget...

If you are looking for properties for investment that will see quick appreciation in prices,...

A positive move, provisions for capital gains tax stands tweaked, much to the benefit of the...

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

PropGuide simplifies complex real estate jargons for you.

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.

Subscribe Now

To stay tuned with real estate updates


x +

Drop Your Query here