News & Facts

Semi Furnished / Furnished / Fully- Furnished Apartments- How are They Different with an increasing population, a boom has been witnessed in real estate as construction companies are coming up with tremendous housing projects to accommodate people. It is the need to enhance living standards that the real estate giants have been working on exquisite projects that feature semi-furnished, furnished and even fully-furnished apartments for its prospective investors. Intended to give high-quality liv... Read More
UP-RERA Orders On 200 Cases Next Week, Focus On Eight Builders With prominent complaints filed by the investors against builders for the delay in flat submissions, the Greater Noida bench of RERA (Real Estate Regulation Act) is set to issue over 200 orders that states about tightening the hold on developers mentioned in the grievances. These orders are a part of 490 complaints that have been heard by the authority since September. Apart from this, around 4000 complaints are still pending to be ... Read More
Amrapali Directors Put Under Police Surveillance For 15 Days Pledged to smarten your living standards, Amrapali Group is not new to the real estate industry. They have been developing qualitative projects with an impressive infrastructure to invest in. But, their delay in the delivery of projects to the investors has landed them in trouble. Indeed, the three directors of Amrapali Group named Anil Sharma, Ajay Kumar, and Shiv Priya has been sent to the police custody for an extended 15 days. The... Read More
From Leasehold To Freehold? Noida To Decide At Meeting On October 25 As Noida authority has taken intervention into the matter transferring residential properties from leasehold of freehold, the decision is yet to be taken in a board meeting. Basically, the residents have been demanding the fact that their properties should be converted to freehold from leasehold for better living. And on this matter, the CEO of Noida Authority Alok Tandon has assured of coming up with a productive decision soo... Read More
Flipkart Snaps India's Largest Office Leasing Deal in Bangalore for 3 Million sqft at Rs 300 Crore/Yr Flipkart, India’s largest e-commerce portal has closed the largest office space deal in Bangalore covering about 3 million sqft of space which would further be used to house its ever-growing staff. The Bangalore-based embassy office park is a joint venture between Embassy Group & Blackstone for building their sprawling office campus meticulously situated in the heart of Bangalore. T... Read More
Ready-To-Move-In Flats In Hot Demand, Why Only Less People Want To Invest In New Project Owing to the defaulter transactions and failure in delivery of the housing projects, there has been a significant effect on demand for the investments in new projects. Besides delays, developers claiming sudden bankruptcy and practicing of unscrupulous activities has added fuel to the fire. It has deviated people from investing in projects that will take longer time to complete. They do not get to know as t... Read More
Blackstone Group And Embassy Group Have Teamed For India's First Real Estate Investment Trust channelizing their working module, India’s maiden Real Estate Investment Trust (REIT) came into action after four years rules notification. The Government has been constantly doing efforts to upgrade regulations at par with high-end global standards. Going by the route, it has been noted that Embassy Office Parks is set to file documents with SEBI (Securities and Exchange Board of India) for esca... Read More
Builders are now keen on the commercial segments HYDERABAD: The realty industry has started changing with changing times by shifting its focus from developing mundane commercial complexes. Currently, building malls to harbor Food & Beverage, jewelry and restaurants has become one of the primary interests of developers across the country. Development in e-commerce business and the changing tastes of people have brought about this change in the realty industry. A few global consultants are v... Read More
Commercial realty is where the builders’ interest is currently noticed MUMBAI | BENGALURU | NEW DELHI: In these 3 major cities, a sale of around 36 million sq ft of office space last year was noticed and that could have triggered the real estate developers to divert their attention to commercial real estate development. Moreover, since 2009, there has happened no launch in particular of commercial project across the country. Also, the supply of grade A office spaces has come down drastic... Read More
Embassy Group associates with Conerstone to construct warehouse BENGALURU: The popular developer Embassy Group has signed a deal with Cornerstone to lease 150 acres of land on which a warehouse is soon to be built, the size of which will be 150 million sq ft. According to official sources, the Billionaire Jitu Virwani of Embassy Group has commissioned this project in association with Conerstone. Embassy has already formed a JV with private equity Warburg Pincus last year. The deal between the ... Read More
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