PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Navi Mumbai Airport To Take Off Next Month

Loading video...

Description

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

Two decades after the proposal took shape, the work on the construction of the Navi Mumbai International Airport is set to start next month. Prime Minister Narendra Modi is expected to lay the foundation stone of the Rs 16,500-crore project in October-end.

Aptus Value Housing Finance India, which caters to the affordable housing segment, claimed to have received Rs 270 crore investment from equity investors, including WestBridge Capital Partners LLC and India Financial Inclusion Fund. The company plans to leverage the funds to expand to new markets in Karnataka, Kerala and Andhra Pradesh.

Markets watchdog Securities and Exchnage Board of India (Sebi) has lined up another 13 properties of the Sahara Group for an e-auction to be held next month at a reserve price of about Rs 1,400 crore. This is in addition to 58 properties of the group that were scheduled to be auctioned in July. HDFC Realty will auction seven properties on October 27 at a reserve price of more than Rs 710 crore, while SBI Caps will auction six properties on October 25 at a reserve price of over Rs 672 crore

Godrej Properties, real estate development arm of Godrej Group, has acquired a 12-acre land parcel off the Sarjapur Road in south Bengaluru. The company plans to develop around 1-million sq ft residential project, which will be developed in partnership with Godrej Residential Investment Program II.

Source: Media reports

Tags: Narendra Modi, Karnataka, Video, Bengaluru, Godrej Properties, Kerala, Andhra Pradesh, Sarjapur Road, propguide, Mumbai International Airport, HDFC Realty


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

#RealtyNewsRoundup: GST To Roll Out From July 1 [Video]

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

January 17 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Malabar Group Debuts In Real Estate Sector

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

November 11 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: India Needs To Urbanise Rapidly, Says Arun Jaitley

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

October 28 2016

+ Click Here To Read This Article

Affordable Homes: How Govt Can Make Them Feasible For Developers

The Centre plans to build affordable homes for the country’s low-income groups and economically weaker sections under the Housing for all by 2022 scheme. A look at how it can encourage more interest from developers to participate in the process.

October 23 2015

+ Click Here To Read This Article

A 'Smart' Way For NRIs To Enter Indian Realty

For non-resident Indians, who have largely been investing in residential properties in here so far, the Government’s smart city project could be a great opportunity.

August 26 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: Govt To Pay Rent To Urban Poor In 100 Smart Cities

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

March 09 2017

+ Click Here To Read This Article

While calculating depreciation of property, factor in the average life of the building and the...

Proposals for further development of UP capital Lucknow has helped real estate in the city. Social...

Findings of the latest Economist Intelligence Unit’s Worldwide Cost of Living Survey reveal that...

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

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

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

PropGuide tells you how a better metro connectivity will raise real estate prices in Noida.

The first phase of a Metro network is already changing the way people commute in Bengaluru. Upon...

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

Pick:

x +

Drop Your Query here


Top