Page 5 - Housing Project

Godrej Properties announces acquisition of 60-acre land parcel in Chennai

The real estate development arm of Godrej Group said it would develop a residential project on the land

Anarock facilitates sale of 1,455 unsold units so far in stalled projects

Property consultant Anarock, which has got the mandate to sell over 5,000 unsold flats of erstwhile Amrapali group, on Wednesday said it has facilitated the sale of 1,455 housing units so far. State-owned NBCC has undertaken the completion of many residential projects in Noida and Greater Noida under the aegis of Amrapali Stalled Projects and Investment Reconstruction Establishment (ASPIRE) and supervision of the Supreme Court of India. "To date, Anarock has sold 1,455 homes in the NBCC Aspire mandate, with 520 units having been sold in the last three months alone," Anarock said in a statement. Of about 5,200 unsold units in these projects, the consultant said that about 4,000 are still up for sale. Anarock was appointed as the exclusive agent to market and sell these units, it added. These unsold units are spread across 22 projects in Noida and Noida Extension. Overall, there are over 40,000 undelivered homes in these projects, for which customers have been waiting for many ...

Uttar Pradesh plans to buy 43,000 acres of land for Rs 7.3 trillion

According to estimates, the state requires about 6.4 million new housing units in the urban and suburban centres in the next five years to meet the target

RBI's Housing Price index up 4.5% in Q2, Kochi tops chart with 11.5% rise

Four of the 10 cities in the index recorded sequential contraction, the others posted expansion

Godrej Properties acquires 12 acres in Pune to build housing project

Realty firm Godrej Properties has acquired 12 acres of land in Pune for development of a housing project that has an estimated sales revenue potential of about Rs 2,000 crore. According to a regulatory filing, the company has, on an outright basis, acquired a 12-acre land parcel in Mundhwa-East, Pune. The development on this land will primarily be for a premium group housing project. The project will have a developable potential of approximately 2.2 million square feet with an estimated revenue potential of around Rs 2,000 crore, it added. Mohit Malhotra, MD & CEO, Godrej Properties, said, "Mundhwa is an important micromarket in Pune and we are happy to add this land parcel to our portfolio. This will further expand our presence in Pune and fits with our strategy of deepening our presence in established micro markets across India's leading cities." Godrej Properties, which is part of business conglomerate Goderj group, is one of the leading real estate developers of the ...

TARC Ltd to invest Rs 500 cr to develop its luxury hsg project by 2025 end

The new three-acre project, TARC Tripundra, will have 190 apartments. It is the first under the TARC brand name, although the Anant Raj Group has been into real estate the past four decades

Godrej Properties eyes Rs 8k-cr sales revenue from housing project in Delhi

Realty firm Godrej Properties s waiting for some pending government approvals to launch this 27-acre luxury residential project in Delhi-NCR, its best performing market last fiscal

Amrapali homebuyers asked to pay Rs 200 per sq ft extra to meet shortfall

A separate fund, namely "Sinking cum Reserve Fund", has been made where all homebuyers of Amrapali Group would deposit the amount

Ranveer Singh buys quadruplex worth Rs 119 crore near Shah Rukh's Mannat

Ranveer Singh has bought the quadruplex nearby SRK's Mannat along with his father Jugjeet Sundersingh Bhavnani's firm Oh Five Oh Media Works LLP

Modi launches schemes worth Rs 21,000 cr in Gujarat as elections near

Prime Minister inaugurates work to build Railway projects, dedicates houses built for the poor.

Realty developers expecting 30% rise in real estate prices this yr: Survey

A significant percentage of real estate developers expect property prices to rise of up to 30 per cent this year due to sharp increase in rates of building materials

DLF launches luxury housing project in Delhi; starting price Rs 3 crore

DLF is developing this project in partnership with Singapore sovereign wealth fund GIC

Axis Ecorp to invest Rs 100 cr to build housing project in Maharashtra

Realty firm Axis Ecorp will invest Rs 100 crore to develop a 25-acre luxury housing project in Maharashtra.

Godrej Properties ties up with TDI group for housing project in Delhi

Realty firm Godrej Properties Ltd on Monday said it has entered into a joint venture (JV) with TDI group to build a luxury housing project at Connaught Place in Central Delhi.

PNB Housing Sept qtr net down 25% to Rs 235 cr even as housing demand rises

Consolidated interest income drops to Rs 1,500 cr from Rs 1,960 cr in the same quarter last year. NII down 23% to Rs 503 cr

SC allows auction of 9,600 unclaimed flats in Amrapali projects

The Supreme Court was informed on Friday that nearly 9,600 home buyers, in various Amrapali housing projects, have not come forward to claim their flats.

Mahindra Lifespace to invest Rs 500 crore in new housing project in Pune

In an interview with PTI, Mahindra Lifespace Developers Chief Marketing Officer Viral Oza said the company has launched a new housing project in Pune, which has been an important market for it

Godrej Properties buys 18-acre land in Bengaluru to build housing project

Realty firm Godrej Properties has bought an 18-acre land parcel in Bengaluru to develop a housing project, as part of its expansion plan

Suspension of construction activities may constrain housing demand: RBI

"With the suspension of construction activities across the country from mid-March, completion of under-construction projects is likely to be delayed, constraining new demand," the FSR said

Godrej Properties buys 44 acres of land in Haryana's Faridabad from BPTP

Godrej Properties has entered the Faridabad property market with the acquisition of this land parcel