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
Realty firm Godrej Properties has bought an 18-acre land parcel in Bengaluru to develop a housing project, as part of its expansion plan
"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 has entered the Faridabad property market with the acquisition of this land parcel
According to a study by property portal PropTiger.com, which analyses 10 prime residential markets, as many as 1665 RERA-registered projects are delayed by over five years
Around Rs 35,000-45,000 crore would be required to fund the completion of the revised quantum of 4.58 lakh eligible dwelling units, said ICRA
Ban impact is also minimal given that, as early as 2013, RBI had already curbed banks' up-front loans to developers offering such schemes for under-construction or greenfield projects
Impact of RBI restriction on branch expansion offset by deposit base
RERA regulates unorganised real estate sector with fair and transparent transactions
Lucknow Industrial Development Authority (LIDA) has approved an affordable housing project, which seeks to complement the Pradhan Mantri Awas Yojna (PMAY) of the central government.Being developed by Parth Infrabuild, the project spanning 10 acres is coming up on the busy Lucknow-Kanpur highway. The project would comprise 817 and 460 units for the Economically Weaker Section (EWS) and Low Income Group (LIG) segments and the beneficiaries would get the subsidy under the central scheme for the homeless urban poor dwellers.The project would entail investment of about Rs 350 crore, including land, and would be completed in the next three years, company's chairman and managing director P N Mishra said here today.LIDA, conceptualised in 2005 as an industrial corridor between Lucknow and Kanpur, to act as counter-magnet to Noida and Greater Noida in Central Uttar Pradesh for attracting investment and boosting industrialisation. However, it has largely been a laggard through the successive ...