GIC to acquire 49% stake in Provenance Land for Rs 1000 Cr

By Rohit Sharma MUMBAI GIC, Singapore’s sovereign wealth fund, is in a process to acquire 49 per cent stake in a realty firm Provenance Land for an amount of Rs 1,000 crore, officials representing the realty firm said. Provenance Land owns a mixed-use development on over four acres of land in Worli, central

Bangalore: Flourishing city in all terms calls for huge investments with guaranteed returns

By Accommodation Times News Service BANGALORE The Metropolitan, ever-growing capital City-Bangalore, has become a major hub for fruitful investments. The residential and commercial plots are the idea of capital appreciation not only in the minds of localities but also non-locals who come to this city to improve their standard of living by

Rajnath Singh inaugurates NDMC Smart City projects

By Accommodation Times Bureau NEW DELHI The Union Home Minister Rajnath Singh has said the rollout of the Smart City projects will help New Delhi emerge as a world-class city. Inaugurating a slew of Smart City projects undertaken by the New Delhi Municipal Council (NDMC) here today, Rajnath Singh said the NDMC

Omkar to launch mixed-use realty hub with estimated Rs 22,000 Cr topline revenue

By Accommodation Times News Service NEW DELHI Omkar Realtors & Developers is set to launch one of the country’s biggest mixed-use realty hub with an estimated Rs. 22,000 crore topline revenue under the brand name Omkar International District (OID), located near Andheri highway in Mumbai has notched up over 700 EOIs (Expression of Interest) from domestic and

PMAY: Housing projects at State-run rates for private developers

By Accommodation Times Bureau JAIPUR Chief Secretary D.B. Gupta asked private housing developers to work for housing projects at state-run rates so that the common man could get the benefit. The Chief Secretary was speaking here as the chief guest at the Rajputana Sheraton Hotel in the workshop organized in connection with the state's

Salarpuria Sattva, JP Morgan inks Real Estate Lease Deal

By Accommodation Times Bureau HYDERABAD Leading real estate developer, Salarpuria Sattva, on August 9, signed a 10-year lease deal with J.P. Morgan, the global banking and financial services provider, for premium office space at the upcoming Knowledge City project in Hyderabad. J.P. Morgan will take up 830,000 square feet across 16 floors within

Rs 1000 crore to be invested by Gaurs Group in NCR

By Accommodation Times Bureau NEW DELHI Gaurs group a leading Indian realty firm said in a conference today that it has started the affordable housing segment of its business. It further stated that it will invest Rs 1000 crore in development of two projects in the national capital region over the next

Govt to complete 1 Cr PMAY-G houses by March 2019

By Rohit Sharma NEW DELHI The government has set the target under rural housing scheme Pradhan Mantri Awas Yojana- Gramin (PMAY-G) to construct one crore pucca houses by March 31, 2019, and completed construction of around 1.7 crores houses in last four years from 2014-15 to 2017-18, Ministry of Rural Development on

Unfinished PMAY houses be completed by July 31

By Accommodation Times Bureau LUCKNOW The UP Minister of State (Independent Charge) for Rural Development, Mahendra Singh, directed Chief Development Officers to complete unfinished houses constructed Pradhan Mantri Awas Yojna (PMAY-Rural) by July 31 next. He also directed the officers to complete the remaining works of Indira and Lohia houses and said that

K Rajeha launches Vistas Centrepoint commercial project

By Accommodation Times Bureau K Raheja Corp announces the launch of its latest commercial project Vistas Centrepoint, Pune; the location offers a plum community audience of 3500 families. The project opens for purchase with immediate effect and given the augmented development in the area, it is one of the most sought-after commercial office