PROPGUIDE − A Complete Property Guide
#happyhome

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

Loading video...

Description

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: GST To Be Rolled Out By April Next Year, Says Jaitley [Video]

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

December 05 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Jail For Bank Account Violations, Warns Taxman

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

November 21 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: No Increase In FAR For Upcoming Project, Says Noida Authority

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

October 01 2016

+ Click Here To Read This Article

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

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

Praveen Jain, president, National Real Estate Development Council (NAREDCO) & CMD Tulip , throws...

Kandivali is a thriving suburb in north Mumbai and is nestled on Mahatma Gandhi Road and Link Road....

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...

Many investors use little or none of their own money when investing in real estate.

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

Pick:

x +

Drop Your Query here


Top