India Property News

Azizi Developments Seeks to Expand Hotel Business from UAE to India

Azizi Developments Seeks to Expand Hotel Business from UAE to India

Recently in March Azizi Developments were confirmed to take on a grand project for Dubai Sports City which would cost over $200m around AED750million; this would build 431 apartments which are split into 238 studio flats, 140 one bed, 53 two-bedroom apartments. The project would be located on the well-known Sheikh Mohammed bin Zayed Road […]

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Standard Chartered Bank in Subhas Road Listed for Rs 110 crore

Standard Chartered Bank is known as India’s oldest foreign bank that had served the country for more than 100 years. The office located in 19 Netaji Subhas Road comes with an area of 80,000 square feet and was constructed in the 19th century. The building is up for sale for Rs 110 crore and the […]

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L&T to Develop Luxurious Township in Bengaluru

Larsen & Toubro (L&T) plans to generate income from its 67-acre land located among the rich places in Bengaluru by developing a residential township. The information was provided by people directly knowledgeable of the matter. The land that was used to accommodate Komatsu and L&T’s joint businesses of manufacturing unit of heavy machines has already […]

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Arun Muchhala Group Invests Rs 500 Crore in Mumbai Hospitality Industry

Arun Mucchala Group announces to fund Rs 500 crore into the hospitality business through external borrowing and from their own businesses. The real estate group has business interests in property development, cement and entertainment parks. The chairman of the group said that that the funds will be used for two properties – one in Thane […]

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States Conform to Urban Construction Projects’ Environmental Procedures

Majority of state governments have agreed to follow the planned environmental rules in constructing urban projects. The agreement on the said guidelines came during a consultative workshop on ‘Climate Change Mitigation in Urban Sector’ under the organization of the ministry of urban development. All stakeholders in New Delhi have attended the said workshop. There are […]

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Development plans

Lucknow the New Location for Fashion TV’s Residence Project

Lucknow will be the next location for Fashion TV’s luxurious residential project. The city-based developer New Modern Buildwell will develop Fashion TV’s fourth residential project. The said development is heard to known around Rs 1,000 crores according to a press release of the developer. The project, called f-Crown homes, has already been receiving approvals. The […]

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New Gurgaon Considered a Great Location for Realty Investment

New Gurgaon is quickly being recognized as a lively residential and commercial center because of its affordable property, growth in infrastructural development, good connectivity and potential growth developments. Rohan Sharma, the associate director of the research and real estate service, JLL India, said that New Gurgaon is among their identified growth places for residential places […]

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Study Says GST and OMR Rule Realty Launches – Chennai

According to a study conducted by a realty consultant for market trends, Rajiv Gandhi Salai in Chennai and the Grand Southern Trunk Road remain as the city’s choice destinations for launching new residential projects for the first half of financial year 2015. The study was conducted by CBRE India and it revealed that much of […]

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Lincoln House in Mumbai Purchased by India Billionaire for Rs 750 Crore

Billionaire Cyrus Poonawalla is to pay $113 million or Rs 750 crore for the popular Lincoln House located in Breach Candy, South Mumbai. Poonawalla says that the new property will be used as a new family home. The two-acre property facing the beach has been used by the American consulate for some time now before […]

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India Billionaires Clinch Realty Deals Despite Slow Property Market

India’s most wealthy people are seizing the slow property market trend to acquire luxurious properties for themselves. In the past week alone, two bungalows in South Mumbai have been acquired by the richest people in the business world and another famous property, the Hindustan Unilever guesthouse is earning interest. A week ago, Kumar Mangalam Birla, […]

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