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Jaipur development body to launch housing scheme near ...

The civic body has fixed reserve price of Rs 25,000 per square kilometre in this scheme. JAIPUR: The Jaipur Development Authority (JDA) will launch Shiv Vihar housing scheme where 346 plots are proposed to be developed.Learning lessons from past when the housing projects were developed in far-flung locations, JDA has decided to develop this new scheme inside the city near Muhana Mandi.The civic body has fixed reserve price of …

Goldman Sachs may arrange $1.75 billion line of credit...

Representatives for SoftBank, Goldman and WeWork, a unit of the We Co., declined to comment on the financing plan. SoftBank Group Corp. tapped Goldman Sachs Group Inc. for new financing to help revive one of its biggest bets — an investment in office-sharing company WeWork.Goldman is arranging a $1.75 billion line of credit, the first step in SoftBank’s pledge to put together $5 billion in debt financing for …

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Commercial real estate in Chennai picks-up momentum: E...

Chennai has traditionally been a market that absorbs around 45 lakh square feet of office space. The city suddenly witnessed a spike in offtake. CHENNAI: After than 6 years, real estate activity has picked up momentum in Chennai, taking the overall absorption of commercial space to nearly 60 lakh square feet. The hectic activity in real estate is because traditional businesses have increased their footprint in the city.From …

DDA to redevelop over 370 JJ clusters under PMAY-U: Ho...

The decision was taken after the Delhi Urban Shelter Improvement Board (DUSIB), which comes under the AAP government, failed to carry out a survey of these clusters. NEW DELHI: The Delhi Development Authority will redevelop 378 JJ clusters under the Pradhan Mantri Awas Yojana (urban), Union Housing and Urban Affairs Minister Hardeep Singh Puri said on Monday.The decision was taken after the Delhi Urban Shelter Improvement Board (DUSIB), which comes under the …

DDA to redevelop over 370 JJ clusters under PMAY-U: Ho...

The decision was taken after the Delhi Urban Shelter Improvement Board (DUSIB), which comes under the AAP government, failed to carry out a survey of these clusters. NEW DELHI: The Delhi Development Authority will redevelop 378 JJ clusters under the Pradhan Mantri Awas Yojana (urban), Union Housing and Urban Affairs Minister Hardeep Singh Puri said on Monday.The decision was taken after the Delhi Urban Shelter Improvement Board (DUSIB), which comes under the …

Hines to invest $500 million to develop new projects

Hines Chief Investment Officer (Asia) Lee Timmins said: “We have a long-term and very positive view on Indian real estate. India is a great growth story but there will be bumps on the road.” NEW DELHI: US-based realty firm Hines plans to invest USD 500 million in India to develop new commercial and housing projects as it sees great opportunities for growth despite slowdown in the property market, …

Ghaziabad development body to begin work on Indirapura...

The single-unit houses and group housing societies will be built on 130 acres of land near CISF road, adjacent to Kanawani in Indirapuram. GHAZIABAD: After preparing the layout plan of the upcoming Indirapuram Extension housing scheme, the Ghaziabad Development Authority (GDA) has started the ground survey of the land and plans to start work in the next six months, said officials.The single-unit houses and group housing societies will …

Puravankara forays into luxury residential business

Real estate firm Puravankara has entered the uber luxury real estate segment under the Purva World Home collection brand, targeted at a niche demographic of home buyers. BENGALURU: Real estate firm Puravankara has entered the uber luxury real estate segment under the Purva World Home collection brand, targeted at a niche demographic of home buyers. The company plans to add 3-4 properties in next 1-2 years in this …

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