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

NBCC bags order Rs 1,000 Cr for housing complex & rivers fronts

By Accommodation Times Bureau JAIPUR NBCC, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA) has bagged orders worth Rs1,000 crores from Uttarakhand and Rajasthan State Governments for various civil projects. The projects include developing two rivers fronts in Dehradun along the rivers Rispana and Bindal and developing a new

Himachal Pradesh CM urges PM to construct defence airport in Mandi

By Accommodation Times Bureau Chief Minister of Himachal Pradesh Jai Thakur urged PM Modi for construction of defence airport of international standard in Himachal Pradesh keeping in view its strategic location on October 4. The CM informed the Modi that, “Airport authority after conducting a survey of 3479 bigha land at Naagchala

Falconcity inks agreement with Oakwood Worldwide for operating 1,790 hotels & serviced apartments

By Accommodation Times Bureau DUBAI Falconcity Hotels and Resorts, the hospitality arm of Falconcity of Wonders LLC (FCW), announced the signing of an agreement with the leading global accommodation solutions provider Oakwood Worldwide to operate the hotel and serviced apartments in the SAM Polaris and SAM Vega Pyramids. The signing was announced

India committed to become 5 trillion-dollar economy by 2025: Vice President

By Accommodation Times Bureau NEW DELHI The Vice President of India, Venkaiah Naidu on September 18, has said that India is committed to build a five-trillion-dollar economy by 2025, making India the 3rd largest consumer market in the world. India has climbed 30 places in the World Bank Ease of Doing Business

The Karjat – Panvel Suburban Rail Corridor Will Power New Real Estate Hubs and Offer Future Growth Potential: Hiranandani

By Dr. Niranjan Hiranandani, Founder & CMD, Hiranandani Communities MUMBAI Enhanced connectivity is the potent driving factor for the development of new emerging real estate hot-spots. As India’s economic success story grows into newer locations in terms of real estate development, the new transport corridors show great potential for powering the economic

Surbana Jurong – Mitsubishi Corporation to Set up Rs 3,500 Cr Fund Management Company

US$500M Fund to Invest in Urban Development and Infrastructure Projects in Emerging Asia By Accommodation Times Bureau Surbana Jurong Capital, the newly established financial services arm of Surbana Jurong and Mitsubishi Corporation on September 14 signed an agreement to set up a fund management company (FMC). The FMC will be a 50:50

Minister directs officials to complete 92,000 Prime Minister’s housing scheme

By Accommodation Times Bureau JAIPUR Minister of Rural Development and Panchayati Raj Rajendra Rathore on August 25 reviewed the progress of divisional schemes in Udaipur district and directed officials to complete the 92,323 incomplete work of Prime Minister’s housing scheme. In the meeting, Rathod directed to complete the progressive work and start the

Punjab Decides To Fix Limit On Per Acre Land For Money Lending

By Accommodation Times Bureau The Punjab government has decided to streamline the system of money lending to farmers by fixing a limit on the advance on per acre of land, with the rate of interest also to be duly determined by the government. The state cabinet, at a meeting chaired by Chief

Valsad receives over 1 lac houses under PMAY-R

By Accommodation Times Bureau VALSAD The Prime Minister, Narendra Modi, on August 23, joined thousands of people in witnessing the collective e-Grihpravesh of beneficiaries of the Pradhan Mantri Awaas Yojana (Gramin) at a large public meeting in Jujwa village of Valsad district in Gujarat. More than one lakh houses were handed over