gujarat housing project
The Gujarat Housing Board (GHB) has floated tender for the redevelopment of the high-income group (HIG) Rameshwar Apartments on Sola Road. The Housing Board informed that 75% of residents consent has been obtained as mandated under the new Gujarat Flat Owners Act and the developer has to ensure that the remaining residents agree to the redevelopment of plot size of 20,749 sqm, including the cost of the transit accommodation till the new dwellings are ready. The project is being undertaken in the public-private partnership (PPP) model with the extension of the lease period for an additional 99 years. Another important condition in the GHB document submitted to the AMC is that a tripartite agreement has been reached. To make the project viable, the GHB in its 2019 revised redevelopment guidelines stated that after the redevelopment of houses, the remaining permissible FSI of Rameshwar Apartments shall be utilized on the plot by the developer for the creation of affordable housing stock as well as for the development of the free sale component. If for any reason, the remaining FSI cannot be utilized fully on these two activities, the remaining FSI can be utilized on any other plot under the same Development Plan as Transferable Development Rights (TDR).
Birla Estates will develop a housing project on 10 acres of land parcel in Bengaluru. It is located at Raja Rajeshwari Nagar, South Bengaluru and requires a

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M.S.Ramaiah Developers and Builders (MSRDB) has decided to invest ₹3,000 crore to expand its retail and commercial real estate footprint across Bangalore, Goa, and Andhra Pradesh. With the targeted investment the company is doubling its retail and commercial

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National Capital Region Transport Corporation (NCRTC), which is executing the Delhi-Meerut regional rapid transit system (RRTS) project, has planned to build studio apartments on 17.27 hectares of land at Jungpura in South Delhi. The corporation will build

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Leading design & build, EPC and GC contracting company, Ocean Lifespaces India, has bagged the design and build EPC contract to complete 6 lakh square feet of industrial structure for Dubai-based port and logistics group, DP World in Chennai. Apart from this

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Kochra Realty, the Mumbai based property builder, has started taking up stress projects and turning them around by adopting a unique model approach, which includes product design and development, customer expectations and experience, and cash flow management

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Gurugram-based M3M India has launched a high-end retail project – ‘M3M Route65’ — in Gurugram, next to the Worldmark in Sector 65

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Sunteck Realty has entered into a joint development agreement to undertake a 2.5 million sq ft residential-led mixed-use project on an area of

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TVS Emerald, a Chennai-based realty player of the TVS Group, is all set to enter the Bengaluru residential realty market with an investment of over ₹1,000

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Max Ventures & Industries Limited's (MaxVIL) announced that Max Estates, the real estate arm, has proposed to acquire Acreage Builders Private Limited

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Hitachi Building Systems and Hitachi Lift India, a subsidiary of Hitachi Ltd. which operates sales, installation, and maintenance of elevators and escalators

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Casagrand has launched an all-in-all community CASAGRAND Hazen on Bannerghatta Road in Bangalore. It spreads across 9 acres and houses 622 finest

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Around 100-metre-tall Supertech twin towers, Apex and Ceyane, were demolished on Sunday as per Supreme Court order that found their construction within

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Provident Housing Ltd (PHL) has decided to launch five projects across 6.3 mn sq ft of land parcels in Bengaluru, Chennai and Pune involving an investment

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The Union government has lined up a staggering sum worth ₹85,406 crore to be released in a phased manner for the Pradhan Mantri Awas Yojana (Urban) as it has also extended the flagship urban housing scheme till December 31, 2024. The original deadline

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The US-based and global real estate investment and development major, Hines, has recently entered into the Mumbai property market to develop about 9 lakh square feet of leasable area mixed-use project spread over an 8.8-acre land parcel in the city. For the project

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The Trehan Group has announced the launch of a new plotted development housing project Trehan Vivanta, comprising 150 residential plots, at Bhiwadi in Rajasthan. For the upcoming project, the company will develop the required infrastructure including internal roads

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NBCC has recently signed an agreement with the External Affairs Ministry to redevelop a housing complex in central Delhi worth ₹175 crore. In this connection, the company has signed a memorandum of understanding (MoU) with MEA Housing Complex

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Demand for home loans from country’s tier 3 and 4 cities and districts have been growing at a faster pace than the top two tier districts, including Mumbai and Delhi (NCR), while the country’s home loan market is likely to double in five years

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In an attempt to soften the impact of the rising interest rate on home buyers, real estate developers have started to undertake mitigating measures. Realty developers including Tata Housing, Lodha Developers, and Runwal Group are stepping in to protect

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Adding more projects to its portfolio in the realty sector, the Brigade Group has recently signed agreements for prime land parcels in Chennai and Bengaluru and will build real estate projects on both the cities. The agreement to purchase the Mount Road

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