StayAbode – CP Developers to set up Asia’s largest co-living project

By Rohit Sharma BENGALURU: StayAbode Ventures recently announced Asia’s largest co-living project in partnership with CP Developers. This will be the largest A grade co-living project in India with 1400 people living in a community environment, in Bengaluru’s Whitefield. The property will be equipped with the latest in smart technology across security and

MMRDA ends LTSE’s Mono contract, takes over operations

By Accommodation Times Bureau MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA), on Friday, terminated the contract which was entered into with LTSE – the joint venture by Larsen & Toubro Ltd. and SCOMI Engineering BHD (LTSE) – for their failure to perform and fulfil contractual obligations. Rajeev, Metropolitan Commissioner, MMRDA said, “This

Mid-Market Housing touches 42% of total transactions in second half 2018-19: Report

By Rohit Sharma MUMBAI: The share of mid-market houses costing Rs 20-50 lakh in the overall residential sales in the country has been progressively rising, touching an all-time high of 42 per cent of total transactions in the second half of the current financial year 2018-19, according to data released by Square Yards. The mid-market houses

Chapter V: Properties On The Row House Plots Alotted by CIDCO

By Advocate S. R. Agarwal CIDCO has been allotting plots to the individuals for the construction of independent Row houses for their residence at the rates decided from time to time. The allotment of such plots also carries restrictive condition against the transfer or assignment of the right, title and interest in

Vijay Wadhwa felicitated with Outstanding Contribution to the Facade Industry

By Accommodation Times Bureau MUMBAI: Vijay Wadhwa, Chairman of The Wadhwa Group, the realty player, has received an award for ‘Outstanding Contribution to the Facade Industry’ at the ZAK Awards for Excellence in Façade & Fenestration 2018. Zak Awards for Excellence in Façade & Fenestration is a platform to give recognition and facilitate the industry

Maha to take action against illegal sand mining, Maritime Board to submit report

By Rohit Sharma MUMBAI: Minister of State for Home Affairs and Guardian Minister of Sindhudurg, Deepak Kesarkar, warned sand mafias if more than the standard of sand extracted during the ban, the government will take action against it. During the meeting on Tuesday, Minister asked Maritime Board to submit a detailed survey report

Govt – ADB signs $31 Million loan agreement for infra in Tamil Nadu

By Accommodation Times Bureau TAMIL NADU: The Government and the Asian Development Bank (ADB) today signed in New Delhi a Loan Agreement for $31 million to build-up the State Tourism Industry and boost visitor arrivals. The signatories to the tranche 4 loan for Infrastructure Development Investment Program for Tourism (IDIPT) were Sameer Kumar

Incubex NestaVera to invest Rs 100 crore for expansion

By Rohit Sharma MUMBAI: Incubex NestaVera, a coworking firm, is investing close to Rs 100 crore to bolster its network across Bangalore and to expand in other cities such as Hyderabad, Pune and Mumbai and also planning to touch 1 million sq. ft. in the next 18 months. The company has raised the

Gandhidham Chamber of Commerce & Industry organised protest rally against DPT land policy

By Accommodation Times Bureau AHMEDABAD: The Gandhidham Chamber of Commerce & Industry (GCCI), Social Organisations and Trade Associations of Gandhidham complex recently organized a protest rally in which people of the township, including children, senior citizens and the young generation expressed their protest against the administration of DPT for unfair land policies. The

Drones: the next big disruptive innovation in the Indian construction industry

By AV Antao, COO, Synergy Property Development Services Construction is one of the most dynamic, responsive and unique sectors in the Indian economy. It contributes significantly to the country’s economic development by generating output, creating jobs and facilitating income generation. The Indian construction industry is undergoing a seismic transformation, with technology