Committee on Greenfield Airports Clears Four Projects

By Accommodation Times News Services The Steering Committee on Greenfield airports headed by Secretary, Civil Aviation (MoCA), Government of India met today and considered 4 new airport projects. The Committee recommended ‘in principle’ approval to 3 projects in Andhra Pradesh viz., Bhogapuram, Dagadarthi (Nellore) and Orvakallu (Kurnool). The Committee also recommended

Implementation of Green Field Projects

By Accommodation Times (www.ccommodationtimes.com) The Environmental Impact Assessment (EIA) Notification, 2006 provides that all developmental projects, listed in the Schedule-1 to the Notification require prior environmental clearance for establishment of new (Greenfield) projects or for expansion (Brownfield) of existing projects. For those projects involving forestland, prior approval for diversion of

Kotak Realty Fund Partners DivyaSree Developers to develop & acquire commercial office

By Rohit Sharma BENGALURU: Kotak Investment Advisors Limited (KIAL) today announced that it has launched a new fund which will partner with DivyaSree Developers, a leading Bengaluru-based real estate developer, to develop and acquire commercial office assets across India. “The $400 million India Office Assets Fund I is anchored by a wholly owned

‘Warehousing’ transitioning through a revolutionary phase: Defining the Indian realty landscape

By Mr. Antao AV, Chief Operating Officer, Synergy Property Development Services Warehousing which was once sidelined in the larger scheme of things, is now rapidly gaining prominence across the Indian realty sector. There are many factors, at the micro and macro-economic level that are coming to play, making warehousing an attractive

Green Affordable Homes: Future of Sustainable Real Estate Development

  By Accommodation Times News Service Green Homes in layman’s language or today understood is a healthier, more comfortable more durable and more energy efficient and have a much smaller environment footprint than conventional homes.  Green homes have become more prevalent we have also seen the emergence of green affordable housing.  The

Air Traffic on the surge in the country

Accommodation Times News Services By Murari Chaturvedi, Editor-in-Chief The surge in air traffic has propelled the growth of Indian aviation industry. Many Greenfield projects for the new airports are currently in progress and many old airports are on the way to expansion mode.Currently there are 476 airports in the country. This includes

Govt to finalise guidelines for Smart Cities by next week

By Accommodation Times News Services To give a push to central government’s ambitious plan 100 Smart cities all over the country, last week cabinet approved a budget of Rs. 48,000 crore, the government will finalise the guidelines for the project by next week, in order to implement the further steps. A senior

Acme Group to develop over 10 million sq. ft. within 5-7 years

By Accommodation Times News Services Acme Group, the Mumbai-based company, unveiling their future plans for next 5-7 years held a conference, where they showed up company’s ambitious plans to develop up to 10 million sq. ft. of residential and commercial real estate in Mumbai and Gujarat over the period. The realtors have