Press Release & pictures- The Furniture Republic(TFR) showcases its 'bestseller' collection at Vivaha 2014

New Delhi, April 14, 2014: The Furniture Republic is participating for the 1st time in India's largest consumer wedding and lifestyle exhibition, 'Celebrating Vivaha' at 'The Grand', New Delhi. TFR has proudly and exclusively showcased its assorted furniture range that includes the Vortex book case,

Ashiana Homes Pvt Ltd

New Delhi, April 12,2014 - In 1987, a bunch of young energetic engineer, under the capable leadership of Mr. Raj Kumar Modi, a Civil Engineer from BITS Pilani, started a journey that marked the beginning of a new era in quality housing in Patna. Thus came into being ASHIANA HOMES - amongst the first

Ambuja Cement Launches New ‘Arjun Deewar’ TV Campaign

Mumbai, April 10,2014 - Ambuja Cement has launched a new TV campaign after four years, focusing on social awareness. The principal concept of the campaign captures, how there are many walls around us and not all of them are made of cement and concrete. There are walls of the metaphysical kind, the

Real estate sector may see upswing after polls

NEW DELHI, APRIL 10, 2014: US-based Brahma Management, an FDI asset management firm focused on domestic real estate, said it expected commercial realty prices to rise 20-25 per cent after elections. The company, which has invested about Rs.2,500 crore in three upcoming projects, said foreign inves

Bengal Abasan to build flats on Kolkata outskirts

KOLKATA, APRIL 8,2014: Bengal Abasan Builders, a Kolkata-based group of real estate developers, will investment over Rs.800 crore to set up around 1,600 apartments in Kalikapur, on the south-eastern fringes of the city. Bengal Abasan is a part of the city-based Urban Abasan Group. Called ‘Urban

Realtors eye senior citizens as potential segment

Mumbai April 08, 2014 - Senior citizens are emerging as a new customer segment for property developers as well as other allied services providers for creating a proper assisted living environment for them, say realty experts. As the number of the elderly population is expected to grow to 173 mill

Office space demand slows down in Jan-March 2014

Mumbai April, 08, 2014 - Office space demand slowed down in the first quarter of 2014, with around 6.3 million square feet of office space getting absorbed across the leading cities of the country as against 6.6 million square feet in January-March 2014 period—a drop of around 5%, CBRE’s lates

Construction sector sees most CDR cases: ICRA

Mumbai, April 08,2014 - Companies in the construction or infrastructure sectors form the highest proportion of Corporate Debt Restructuring cases approved in FY13 and first half of FY14, according to rating agency ICRA. Delay in environmental clearances, high land acquisition costs and increased

Hiranandani buys Hirco’s project in Chennai for Rs.2,000 cr

Mumbai, April 08,2014 - Mumbai-based Hiranandani Group has bought Hirco Plc’s 368-acre Chennai project for Rs.2,000 crore, in what is being termed as one of the biggest auctions after the Hiranandani-sponsored project defaulted on its loan from HDFC. Hirco Plc, an investment firm, raised £350 mi

Lafarge, Holcim agree on terms of merger plan

Paris, April 08,2014 - Two of the world's largest cement makers, France's Lafarge and Switzerland's Holcim , had agreed on the terms of a merger that would create a company with a stock market value of around $55 billion, a source close to the situation said on Sunday. Such a merger would be

Investments in realty shrank 65% in 2013

MUMBAI, APRIL 8, 2014 : India’s real estate sector is estimated to have received $1.2-billion (around Rs.7,200 crore) investments in 2013, down 65 per cent from the previous year’s $3.4 billion, according to a report by real estate consultancy Cushman and Wakefield. India was the 10th most inv


New Delhi, April 07, 2014: Ahuja Constructions, one of the country’s leading real estate developer launches, L’Amor, a colossal project at Oshiwara which is a fast emerging neighbourhood of the city. L’Amor located in the epicentre of the Western suburbs provides a holistic, urban environment

Holcim Talks About $40 Billion Cement Merger With Lafarge

GENEVA/NEW DELHI , April 05,2014 : Swiss giant Holcim today said it is in "advanced discussion" with world's largest cement producer Lafarge for a possible merger, which may lead to setting up of a mega cement company having presence across the world. "Holcim confirms that Lafarge and Holcim are i

Competition panel imposes Rs.2.4-cr penalty on DLF

NEW DELHI, APRIL 05,2014 : The Competition Commission of India has imposed a penalty of Rs. 2.4 crore on real estate firm DLF for its failure to comply with the regulators’ directions to cease and desist from unfair trade practices. The CCI also said that said that “continued non-compliance”

Realty investments in India dip 65% in 2013

 In 2012, Indian realty had received investments of $3.4 billion; then, too, it was 10th in the region. New Delhi, April 04,2014 - In 2013, investments in India’s real estate sector fell 65 per cent to $1.2 billion, making the country the 10th most invested region in Asia-Pacific, according to

Motilal Oswal invests Rs 100 cr in realty projects

Mumbai, April 04,2014 - One investment was in Mumbai with Ahuja Developers and another in Bangalore with Mahaveer Group. India Realty Excellence Fund II LLP (IREF II), managed by Motilal Oswal Real Estate Investment Advisors, today said it has made two investments worth Rs 100 crore in the country.

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Currently the real estate is largely unregulated and opaque, with consumers often unable to procure complete information, or enforce accountability against builders and developers in the absence of effective regulation. The Bill is expected to ensure greater accountability towards consumers, and to significantly reduce frauds and delays. The Bill aims at restoring confidence of the general public in the real estate sector; by instituting transparency and accountability in real estate and housing transactions which in turn will enable the sector to access capital and financial markets essential for its long term growth.



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An interview with Neha Hiranandani, Director, House of Hiranandani

1) Do tell us about the House of Hiranandani?

House of Hiranandani (HoH) is a leading business conglomerate and pioneer of destination projects in India. HoH’s USP is in creating well planned communities across segments and needs that are productive. Hence it has segmented its products into 3 distinct categories of residential projects-the ultra-premium Signature range, the Upscale range and the mid-market Urbania range. Under its umbrella it has schools, entertainment, hospitality and healthcare.

2) Can you dwell on the current projects and those in the pipeline at HoH?

In Chennai, we are focusing on the city’s first integrated, large scale community, a 110 acre mixed-use development at OMR Chennai. It’s an ambitious mixed-use development community, which will be developed in subsequent Phases. We already have about 200 happy families residing in the community. Our school within the community is functional, and we will be shortly launching our retail and entertainment verticals.



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