Green infra, solar & water conservation must form part of town planning: VP

By Accommodation Times Bureau NEW DELHI: The Vice President of India, Venkaiah Naidu on Monday called upon town planners to make sustainable solutions such as harvesting solar energy, enhancing green cover and water conservation an essential part of town planning. Vice President was, addressing the 4th Resilient Cities Asia-Pacific (RCAP) Congress 2019 organized

Accommodation Times institutes ‘Journalist of the Year 2018-19’ award – Nominations open

Accommodation Times India’s first and oldest independent fortnightly newspaper on Real Estate running since 1986 is all set to host 1st National Real Estate Professional Services Award. Accommodation Times will present “Shri. Murari Chaturvedi fellowship award - Journalist of the year 2018-19”, a category sponsored by SAI Estate Consultants Chembur Pvt.

Garage Society opens 3 more coworking centres in Gurugram

By Accommodation Times Bureau GURUGRAM: Hong Kong-based co-working startup, Garage Society today announced its plans to launch new co-working spaces in three new locations across Gurgaon. Garage Society’s combined coworking spaces now cover over 1,50,000 square feet of space spread over 4 locations. These new spaces offer a total of 2,900 seats, that

Omkar – Piramal may JV to develop Mahim property

By Accommodation Times Bureau MUMBAI: Omkar Realtors and Piramal Realty may extend its partnership to a new project in Mahim. In January 2019, in a joint venture inaugurated World Class Experience Centre At PiramalMahalaxmi.  Where Piramal lead the design, development, construction, sales & marketing for PiramalMahalaxmi. According to PTI, for jointly developing 5-acre

Max Group Enters Commercial Real Estate with Max Towers, invests Rs 600 Cr

By Accommodation Times Bureau NOIDA: Max Estates, a subsidiary of Max-Ventures & Industries Ltd. (MaxVIL), Friday announced the opening of office project – Max Towers located on the Delhi Noida Directway, built with an investment of nearly Rs 600 crore. Constructed in a brisk 24 months, the building’s anchor tenant – Spaces, the premium co-working brand of

Even no date of possession mentioned in agreement for sale attract penal interest: MahaRERA

By Rohit Sharma MUMBAI: The recent judgment of Maharashtra Real Estate Regulatory Authority (MahaRERA) clearly says that if there is no possession date written in the agreement then it’s a violation of Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA). As many as 32 homebuyers

Tribeca, Logix collaborate to develop mixed-use projects in Noida

By Accommodation Times Bureau NOIDA: Tribeca and Logix Group today announced a partnership to develop multiple mixed-use projects in Noida. The first project will be 0.5 mn sq. ft. mixed-use development consisting of luxury retail branded serviced apartments and Grade A office spaces. The land is owned by Logix and Tribeca shall lead the development of the project. This is Tribeca’s second major project tie up in 2019 after a 1 Mn sq. ft. residential project in Gurgaon funded by HDFC Capital. Recently, Tribeca and HDFC Capital announced a Rs 500 crore platform to develop premium mid-income housing projects. Tribeca expects to double its

Capacite Infraprojects bags Rs 400 Cr order from 2 realty giant

By Accommodation Times Bureau NEW DELHI: Capacit'e Infraprojects, Mumbai-based Infrastructure Company has bagged orders around Rs 400 crore from two real estate developers in Mumbai namely K Raheja Corp and Oberoi Realty, according to PTI. One order is for construction work of K Rajeha Corp’s commercial project at Worli and other for Oberoi

91 major reservoirs water storage level goes down 1% 

By Accommodation Times Bureau NEW DELHI: The water storage available in 91 major reservoirs of the country for the week ending on April 11, 2019, was 46.513 BCM, which is 29% of the total storage capacity of these reservoirs. This percentage was at 30% for the week ending on April 4, 2019. The level of