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The India Cements Limited Q4 and Year End 2014 – 2015 Result Highlights

Chennai, May 30, 2015India cements Ltd has turned out an impressive performance during the IV quarter and the results were announced at its Board meeting held Yesterday. According to the information available from DIPP, the growth in cement production during the first half of the year was at 9% whi

PK Sinha is the new Cabinet Secretary

New Delhi, May 30, 2015: Union Power Secretary Pradeep Kumar Sinha will be the next Cabinet Secretary. He will replace Ajit Seth, who will demit office on June 12 after a four-year stint, with three extensions. “The Prime Minister has approved the appointment of Pradeep Kumar Sinha, IAS (UP Cad

PropTiger.com Co-Founder Prashan Agarwal Exits

New Delhi, May 30, 2015: Rupert Murdoch-backed website PropTiger.com on Friday said its co-founder Prashan Agarwal has exited the company after over four years of association to pursue other entrepreneurial opportunities. The Noida-based firm has also announced other leadership changes to build on

Most UAE-based NRIs keen to buy property in India

Abu Dhabi, May 30, 2015Almost 80 percent of non-resident Indians (NRIs) in the United Arab Emirates (UAE) want to buy apartments in India, withBengaluru and Mumbai being the most preferred choices, a survey has revealed. The poll showed that 79 percent of the buyers were interested in buying apartm

PropTiger.com strengthens senior leadership team

Sunil Mishra joins as Chief Business Officer, Rohit Hasteer as Chief Human Resources Officer and Neeraj Chaturvedi as Chief Marketing Officer Co-founder Prashan Agarwal exits the company to pursue other entrepreneurial opportunities Noida, May 30 2015: PropTiger.com, India’s only classifieds to

Ashiana Housing launches it's second Senior Project in Bhiwadi - Ashiana Nirmay

Ageing Gracefully Living with elegance New Delhi, May 30, 2015 - Ashiana Group’s latest offering in senior living, Nirmay,is bespoke lifestyle created specially to suit the needs of its residents With the increase in life expectancies and the standard of living among the urban Indian population,

Address Home brings touch of Rajwada at your house with latest Cushion collection!

New Delhi, May 30, 2015 :-Do you desire to have some traditional touch in your living room? Address home is there to help you out.As an ode to the fabled palace in Indore and its storied art, Address home a luxury home decor brand at Banjara Hills has introduced its Rajwada cushions collection. Thes

Junckers Launches Oak Collection of Hardwood Floors

New Delhi, May 30, 2015 In any living space, the floor defines a room & thus must be timeless. Of all floors, solid hardwood floor spells elegance and is a real pleasure because of its warm and sensuous texture. Your home decor can be a dynamic expression of your personality and thus choosing

Affordable housing on govt agenda, says Javadekar

Mangaluru, May 29, 2015: The Centre is ready with a plan for providing affordable housing to the poor in the next few years, according to Union Minister of State for Environment and Forests Prakash Javadekar. Highlighting the achievements of the Modi government in the last one year at a press conf

Land Pooling Policy_Quote by Mr. Pradeep Jain, Chairman, Parsvnath Group

Mr. Pradeep Jain, Chairman, Parsvnath Group Says on Land Pooling Policy “It is a welcome move by the government as it will open up a floodgate to develop around 25,000 hectares of land in Delhi itself. This will facilitate affordable housing development in Delhi which was erstwhile unimaginable.

Property search portal NoBroker now in Chennai

Offers broker-free search for houses Chennai, May 28, 2015: NoBroker.com , an online property search portal, has launched its operations in Chennai, which is its third market after Mumbai and Bangalore. It offers broker-free solution to both owners and prospective tenants, and has an extensiv

Ask Group exits from Raj Altezza

New Delhi, May 28, 2015Financial services group - ASK, a leading player in the Real Estate Private Equity business, has announced its exit from Raj Altezza, a project by Rajesh Lifespaces in Mulund, Mumbai. The investment was made in August 2011, from ASK Group’s second fund of Rs 1000 cr, ‘ASK

Parsvnath Q4 net loss widens

New Delhi, May 28, 2015 Real estate company Parsvnath Developers Ltd’s net loss widened by more than six times at Rs.140.90 crore for the fourth quarter of financial year 2014-15, the company said in a statement on Monday. It had posted Rs.22.84 crore loss in the corresponding quarter in 2013-14.

DLF to file for REIT listing by fiscal-end

Plans to form 2 REIT platforms to monetise30 million sq ft of commercial assets New Delhi, May 28, 2015: Real estate developer DLF plans to file for a Real Estate Investment Trust (REIT) listing in 2015-16, most likely in the fourth quarter, the company said in the latest analyst presentation

Anand Gopaladesikan appointed as Managing Director of Wacker Chemie India

Mumbai, May 28, 2015 – WACKER, the Munich based chemical group, recently appointed Anand Gopaladesikan as new Managing Director of its subsidiary Wacker Chemie India Pvt. Ltd., Mumbai. He succeeds Raman Trikala who was appointed Key Account Manager of WACKER’s US based subsidiary Wacker Chemical

Mangaluru luxury apartment

Mangaluru, May 28, 2015: The Mangaluru-based Land Trades Builders & Developers has announced the completion of its luxury apartment project in the city. Addressing presspersons here on Tuesday, K Shrinath Hebbar, proprietor of Land Trades, said that the luxury apartment project, ‘Maurishka Pa

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Bangalore, June 18, 2014 - While transportation and connectivity becomes much easier, the impact on the Mumbai realty market is expected to be more pronounced. Historically, infrastructure developments related to transportation always had a positive impact on the capital values of the property market. Mumbai is no exception. Commercial and residential properties in and around the region definitely command a rise in its prices. An independent study conducted revealed that vicinity of a realty project to the metro railways have the authority to influence property prices in leaps and bounds. Mumbai properties lying close to the metro corridor are expected to boost up to at least 22%. Other factors contributing to the same include distance, location and income groups.

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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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  Contents  

Cover Story

Wienerberger India - Sustaining Sustainability

Debate

The Real Estate Bill, 2013 provides uniform regulatory environment

Market Overview

Colliers International India releases Office Property Market Overview

 

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Classifieds

The Tree by Provident

“The Tree by Provident” is spread over 6 acres of prime property in Herohalli, off Magadi Road i

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