Page 2 - Residential Projects

BK Birla group's realty arm to launch one housing project every quarter

Birla Estates aims to become one of the country's largest property developers; is starting the next phases of some of its existing projects

DLF sells 88 independent floors for Rs 300 cr, plans more such projects

Realty majorDLF Ltd has sold nearly 90 independent floors worth over Rs 300 crore in Gurugram and plans to launch more such projects as demand for premium residential properties has revived in last few months. The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New Gurugram and Panchkula among others. "Recently we launched 88 residences in form of premium independent floors (at a price point of Rs 3.75 - 4.25 crores each), spread across 22 plots, in the DLF City Phase 3...in Gurugram. These were sold out in a record time," said Aakash Ohri, Sr Executive Director Sales & Director, DLF. The company plans to launch similar products in Panchkula, Tri-city, New Gurgaon and wherever there is an opportunity in DLF phase 1 to 4, he told PTI. "With an improved attractiveness for real estate as a preferred asset class, against other traditional alternatives, home buyers are looking at safeguarding their accumulated savings by investing in a more long-term asset," ..

LIC Housing invests in SPR City, Piramal Enterprises exits from project

The company's Director Chetan Bohra said that the capital raised would be utilised for advacing the construction and ensuring the completion of the residential project within this financial year

Residential property launches back on track as consumer sentiment improves

Pent-up demand, cheaper home loans, availability of completed units and WFH seen pushing up demand

Godrej to challenge NGT order quashing green nod to residential project

Godrej Properties is the real estate arm of diversified Godrej Group

SP Group banks on residential properties for growth, to launch new projects

Shapoorji's new launches are coming up mostly in Mumbai, Pune, Kolkata, and Mohali. The launches are in premium, luxury, and mid-income projects

Despite stalled projects, India ranks second in number of affordable homes

According to the survey, China tops the list with 74% of polled Chinese saying they can buy homes

Realtors hope tax cut will boost demand for residential properties

Rajiv Talwar, chief executive at DLF, the country's largest listed property developer, said when there is more money in the hands of corporate entities and people, it will makes a difference

No plans to take up delayed residential projects of private builders: Govt

There is no such proposal under consideration of the govt to take over delayed residential projects