PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Third List Of 27 Smart Cities Released

Loading video...

Description

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

Urban Development Minister Venkaiah Naidu released the third list of smart cities. The new list carries 27 names from 12 states. Naidu said 27 of the 63 participating cities qualified for this financial year. The smart cities list includes five cities from Maharashtra, four each from Tamil Nadu and Karnataka, three from Uttar Pradesh, two each from Punjab, Rajasthan and Madhya Pradesh, and one each from Andhra Pradesh, Odisha, Gujarat, Nagaland and Sikkim. The next round of competition to select the remaining 40 cities would begin in January next year.

In an effort to preserve the eco-system of the Aravallis, a government panel has approved that all non-cultivable hill land, rocky and sandy areas in the ecologically sensitive zone in the entire National Capital Region (NCR) will be treated as part of the mountain range. This means non-forest activities can’t be carried out in the area.

World's largest private equity manager Blackstone Group has set up a fully owned subsidiary, Nexus Malls, to own and manage shopping centres in India. Nexus has already acquired AlphaOne malls in Ahmedabad and Amritsar having a combined 1.3-million-sqft retailing space. Globally, Blackstone owns more than 1,000 malls across US, Europe and Asia Pacific.

Indiabulls Housing Finance Ltd claims to have has raised Rs 1,330 crore by issuing its first masala bonds to overseas investors. The three-year tenure rupee-denominated bonds were listed on the Singapore Exchange and attracted close to 70 per cent participation from investors in Asia.

Source: media reports

Tags: Gurgaon, Faridabad, Europe, Video, US


#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

#RealtyNewsRoundup: Real Estate Act Finalised

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

October 04 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

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

Will Delhi Metro spur growth in real estate in Faridabad?

With Delhi Metro making its way to Faridabad, the real estate market in the city is expected to get a boost. See who will reap the benefits?

July 31 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

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

Burj Khalifa will no longer be the tallest tower in the world as soon as Jeddah Tower starts...

What are the major growth drivers for the Dum Dum real estate market?

Earlier analysis pointed out that the prime property was “serviceable, in distressed condition and...

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

The Union Cabinet has approved the Noida-Greater Noida Metro Rail project, covering a length of...

Here are some of the features that modern-day homebuyers look for in a luxury home.

PropGuide lists top four pockets of Pune that are a hit among high-net-worth individuals, planning...

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