Handri Neeva Sujala Sravanthi – World’s Unique lift irrigation project

By Accommodation Times Bureau HYDERABAD: There are many lift irrigation projects in the world, but, the Handri Neeva Sujala Sravanthi (HNSS) project has unique features among all. This lift irrigation project is been executed by MEIL which has the highest number of pump houses and motors in the world. 43 pump houses

New Development Bank plans to double loan book this year by $16 billion

By Accommodation Times Bureau CAPE TOWN: The New Development Bank (NDB), plans to almost double its loan book to $16 billion this year and increase its impact, as the Bank seeks to broaden its global development partnerships and mobilise more institutional and private capital. NDB is a multilateral finance institution established by Brazil,

Godrej Properties inks JV to develop 4.25 acres luxury project in Mumbai

By Accommodation Times Bureau MUMBAI: Godrej Properties, leading real estate developers, on Wednesday announced that it has entered into a joint venture with a renowned developer to develop a 4.25 acres sea-facing property in the prime suburban micro-market of Bandra West, Mumbai. The project will offer approximately 1 lakh square meters (approximately 1.1

TATA Projects secures $321 million order from Nuclear Power Corporation

By Accommodation Times Bureau HYDERABAD: TATA Projects Ltd today received an order for 2X700 MW power plant valued around $321 million from Nuclear Power Corporation of India (NPCIL), said the official release. This is the company's third contract in the nuclear power sector. The work involves a construction of main plant buildings, structures

How to save taxes on property purchases 

With the enactment of Goods and Services Tax (GST), today’s taxation system in the context of purchasing a property has become much effortless than it was before July’2017. Several taxes previously applicable on property purchase like VAT, Service tax, just to name a few, now have all been comprehended under this single

Raymond Realty eyes Rs 3,500 Cr revenue from 1st phase of Thane project

By Rohit Sharma THANE: Textile major Raymond Group with its new division Raymond Realty has decided to foray into real estate business by building residential units in Thane. The company today announced that new division will develop 14 acres of land with 5 acres of central landscaped greens and amenities. This first phase of

Rustomjee launches last tower of Azziano in township Urbania

By Accommodation Times Bureau THANE: Rustomjee has launched the D Tower at Azziano in the township of Rustomjee Urbania, Majiwada, Thane. Other than the L Tower, the D Tower with 41 habitable floors will be the tallest in the Azziano cluster of towers in the township. These 2 bhk homes come with numerous

NRIs are buying luxury and affordable homes for rental income: Experts

By Rohit Sharma MUMBAI: Real estate has always been a favourite investment asset class for Indians, including those residing abroad who buy landed assets for rental income, say industry experts. Also, of late, NRIs with higher purchasing power are lapping up luxury homes along with affordable homes, as they offer better rental income and capital appreciation. According to a

Tata Chemicals to occupy 32,000 sq ft space in Lodha’s project

By Rohit Sharma MUMBAI: Tata Group’s arm Tata Chemicals will purchase 32,000 sq. ft. at Lodha’s new Business complex - Lodha Excelus at New Cuffe Parade (NCP) in Q3 2019 - (July to September), said Lodha Group to Accommodation Times. The company did not disclose the deal amount. Tata Chemicals becomes the third company to

NBCC bags order Rs 460 Cr from IIM Visakhapatnam for development of permanent campus

By Accommodation Times Bureau NBCC (India) recently bagged an order worth Rs 463 crore from Indian Institute of Management (IIM) Visakhapatnam for development of permanent campus in phase 1. “NBCC has been awarded the work as Project Management Consultant for development of a permanent campus in phase 1 which will include Academic,