Vatika to invest Rs 8,000 Cr in upcoming township

By Accommodation Times Bureau GURUGRAM: Vatika Limited will invest Rs. 8,000 crore to develop a 224-acre township project Vatika India Next 2 in Gurugram. The Group recently announced its first Integrated Mid Income Housing Project under PMAY in which more than 15,000 apartments in Vatika India NEXT-2 would be eligible for Credit

Paradigm Realty – Paras Builders JV launches residential project

By Rohit Sharma MUMBAI Paradigm Realty launched 23 storey tower comprising 111 units spread across an area of 1.5 acres -Paradigm El Signora at Andheri West. The project is Joint Venture (JV) between Paradigm Realty and Paras Builders for the residential project. The project has an elegantly designed spacious show flat of 766

Rustomjee Elements receives yet another milestone

By Accommodation Times Bureau MUMBAI Leading Real Estate developer, Rustomjee Group’s flagship luxury development Elements Off Juhu Circle has completed yet another unique milestone. The project has received its Occupation Certificate (OC) for its G Wing and had earlier received OC for other 5 of its prominent wings - A, B, D, E

Edelweiss – Shiv Shakti join hands for New Residential project in Mumbai

By Accommodation Times Bureau MUMBAI The Edelweiss Real Estate Advisory Practice (REAP), part of the Edelweiss Group takes up Tower 28 located at Malad East, a gated community project by Right Channel Group as the exclusive distribution partner. The project comprises 1,2,& 3 BHK. The project is under construction and the proposed date

Godrej to construct new residential project in Mumbai

By Accommodation Times Bureau Godrej Properties Ltd recently announced the addition of a new project in Ghodbunder Road, Thane. Spread across 4 acres, this project will offer approximately 65,000 square meters (approximately 0.7 million square feet) of the saleable area comprising mainly of modern residential apartments of various configurations. The site is strategically located on the

How have suburbs become an affordable housing hub from the industrial hub?

By Rohit Poddar, Managing Director of Poddar Housing and Development Ltd MUMBAI The clouds of Mumbai suburbs have witnessed major changes in the past few years in terms of infrastructure and residential spaces. A decade back places like Ambernath, Badlapur were only known for the rapid presence of small and medium industries

Godrej Properties partnership with Shipra Group to develop residential project in Noida

By Accommodation Times Bureau Godrej Properties Limited (GPL) recently announced the expansion of its residential portfolio in NCR, with the addition of a new luxury residential project in Noida, in the centrally located Sector 43. GPL will develop this project in partnership with the Shipra Group, a prominent real estate owner and developer in north

Cyclers to get their path ready by this Oct

By Accommodation Times News Service BENGALURU A separate track is to be made ready for cyclers at Cubbon Park, stated officials of Bruhat Bengaluru Mahanagara Palike. This project was commenced in the month of February by utilising Rs.3.5 crore with a progress reached up to 700m of the footpath and 400m of

Mitsubishi forays into Indian real estate, buys 70% stake in ongoing residential project

By Rohit Sharma CHENNAI Shriram Properties Limited and an investment arm of Mitsubishi Corporation, Japan recently have inked agreement for partnership in an ongoing large residential development project in Chennai. Under the agreement, Mitsubishi arm is investing approx Rs180 crores towards 70% stake in an ongoing residential project Shriram Park 63. The project

Nashik civic chief cuts property tax ahead of no-trust motion

By Accommodation Times Bureau NASHIK On August 30, 2018, Chief of Nashik Municipal Corporation, Tukaram Mundhe, made a reduction of 50% in property tax. The decision is taken two days before a special general body meeting is likely to talk a no-confidence motion against Mundhe. Earlier people had protested against Chief of NMC