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Bengaluru one of the least affected cities post demonetisation: CREDAI
Bengaluru is one of the least affected cities due to the demonetisation move as the market here has been predominantly transparent with cash transactions almost being negligible, Confederation of...
Underwater waterfall at Mauritius Island
We live in the day and age, where humans have landed on the Moon and want to explore what's on the various planets. But let's look at the places on our own Earth that are yet to be explored. If you...
Bengaluru will be Dead and Unliveable in 5 yrs
Uncontrolled urbanisation and aggressive real estate growth are going to destroy Bengaluru, revealed Indian Institute of Science (IISc). According to the study conducted by IISC , Bengaluru claims...
Real Estate Bill Passed: What It Means To The Common Man
As a relief to house-buyers, the much-awaited Real Estate (Regulation and Development) Bill 2015 has been passed in the Rajya Sabha. This Bill seeks to bring in transparency and protect consumer...
Government relaxes FDI norms for construction, real estate sector
In a boost to cash-starved real estate industry, the Narendra Modi government relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and...
Quikr acquires Commonfloor for $200 million
Tiger Global-funded online classifieds platform Quikr has finalised a stock-cum-cash deal to acquire real estate portal CommonFloor.com for $200 million (Rs 1,300 crore). The deal will be announced...
Macquarie to invest in realty projects in India
Fund’s realty arm MIRA, Tata Housing in talks to set up platform to invest in luxury residential projects Macquarie Infrastructure and Real Assets (MIRA), an arm of Australia’s Macquarie Group Ltd,...
Faridabad tops smart cities list in NCR, Ghaziabad comes third
Faridabad made it to the smart cities list because its municipality had taken several steps to general revenues and make the civic agency financially sound. An online grievance mechanism was in place...
Rajan is right: Salaried class can't afford a house
When Reserve Bank of India Governor Raghuram Rajan asked real estate developers to start reducing prices so that more people would be willing to buy, he was only stating the obvious. According to...
Swimming pool 'bridge' to link London towers
A 25m swimming pool linking the tops of two 10-storey towers is to be built in London. The pool, nicknamed "Sky Pool", has been described as a world first and will feature a transparent bottom. It...
New record-breaking Dubai project
Water park, lagoon and more - A lavish new project has been unveiled in Dubai that will include the world's longest indoor ski slope, the largest dancing fountain, the tallest residential tower, the...
‘Brahmin-only’ township developer arrested for fraud
A real estate developer who promised to establish a Brahmin-only township on the outskirts of Hyderabad was arrested on Tuesday for duping customers by selling them fictitious plots and resorting to...
Christie's to Sell the World's First Portable Private Islands
Christie’s International Real Estate has announced a new initiative to build self-sufficient and eco-friendly private islands around the world for consumers looking for a unique residential...
Most expensive deal in India: South Mumbai penthouse sold for whopping Rs 202 cr
Even as Mumbai's real estate market reels under a stressful period with slowing sales velocity and with buyers sitting on the fence, waiting for prices to drop, a one-off deal in the island city's...
Hero Group plans to invest Rs 1000 cr. on 'Hero Homes' in Mohali
Hero Realty will invest Rs 1,000 crore on developing a housing project in Mohali on 18.5 acres, which the Hero Group firm had won through auction. The company, which bid the site for Rs 181 crore in...
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