Residential redevelopment project for Govt employees approved

By Accommodation Times Bureau New Delhi: The Cabinet Committee on Economic Affairs today approved a proposal of Ministry of Urban Development for re-development of Kidwai Nagar (East) New Delhi for construction of residential accommodation for Government employees. The project shall be implemented through Public-Private Partnership (PPP) mode without any budgetary

Need For Self-Redevelopment In Mumbai

As per reports, in 2017, there were 16,000 derelict buildings in Mumbai with a majority of them located in Byculla, Girgaum, Sewri, Parel, Mumbai Central, Nagpada, Bhendi Bazaar, Mohammad Ali Road and Crawford Market. Across India, there are countless old buildings in ruins, facing problems of water leakage, cracks in beams

Residential prices expected to remain contained, launches & sales expected to pick pace: Report

By Accommodation Times Bureau MUMBAI: Knight Frank India in association with National Real Estate Development Council (NAREDCO) and the Federation of Indian Chambers of Commerce and Industry (FICCI), today released the Real Estate Sentiment Index, which broadly captures the overall perceptions and expectations of industry leaders. The report is based on a

Godrej to develop 6 new projects in Pune

By Rohit Sharma Godrej Properties Ltd today announced that it has entered into an equity investment platform in partnership with a Pune-based developer to develop six projects across Pune. This portfolio comprises various asset classes including group housing projects, plotted development, mixed-used use development and township projects. The total land that will be

JLL re-enters in Residential Brokerage Biz, estimates overall revenue Rs 4,000 Cr in FY18-19

By Rohit Sharma MUMBAI: JLL, today announced to re-enter into its Residential Brokerage Business with technology-enabled advisory and transaction services to home buyers & developers and aims estimated revenue for FY 2018-19 around Rs 4,000 crore. According to an official, previous year the firm generated revenue of around Rs 3,600 crore. To scale up JLL’s

Ahmedabad: Role Model for Infrastructure Development

By Accommodation Times News Services Ahmedabad is the largest city and the erstwhile capital of Gujarat with a population of slightly more than 56 Lakhs as per the 2011 census. It is an important industrial and economic hub of the country with well-developed sectors such as communication, construction and commerce. It

Procedure for Self Redevelopment of housing societies in Maharashtra

By Dr Sanjay Chaturvedi, LLB, PhD Builders are not finding viable projects offered by housing societies in Maharashtra, are going in for self redevelopment. Due to slow down in market and new DCR where the redevelopment is not viable in Mumbai, housing societies in Maharashtra are going in for self redevelopment. Developing