Navi Mumbai – The planned city

By Rohit Sharma Navi Mumbai is a planned city of Maharashtra. As the name suggests, it is the newer side of Mumbai and is located off the western coast of Maharashtra. It lies on the west coast of Maharashtra and is situated on the trans-harbour line. The city is divided into

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

State proposes Rs 7,100 Cr plan size for FY 2019-20

By Accommodation Times Bureau SHIMLA: The Chief Minister of Himachal Pradesh, Jai Ram Thakur on Friday during a meeting with various MLAs of Shimla, Solan, and Sirmaur said the state plan size is proposed Rs 7,100 crore for the financial year 2019-20. The Chief Minister announced an increase for implementing works of MLA

Gujarat: Sanghi Cement Co to invest Rs 1,500 Cr in existing plant

By Accommodation Times Bureau GANDHINAGAR: Sanghi Industries Limited, Gujarat Heavy Chemicals Limited and Mahansaria Tyres Private Limited will start new projects with an investment of Rs 3,710 crore in Gujarat. All three companies on Wednesday signed MoU’s with Government of Gujarat. Sanghi Industries is going to expand its existing Cement plant’s capacity to

UK Investor to invest Rs 6,500 Cr in India’s 20 Promising Smart Cities

By Accommodation Times Bureau MUMBAI: Adhum Carter, British investor and partner at Eyas said, will be spearheading Eyas’s investment plan to back India’s Smart Cities Mission and capitalize on growth prospects with an investment of approximately Rs 6,500 crores in India’s 20 Promising Smart Cities. Bhubaneswar, Pune, Jaipur, Surat, Kochi, Ahmedabad, Jabalpur, Visakhapatnam,

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

Dubai developer planning to invest Rs 500 Cr in Mumbai realty

By Rohit Sharma MUMBAI: Gemini Group, a real estate developer based out of Dubai is planning to invest Rs 300-500 crore in Mumbai property market. The company is planning to launch its first project in Mumbai’s prime location by the first quarter of 2019. Sudhakar Rao - Chairman, Gemini Group, told Accommodation Times that,

CM Fadnavis requests PM for more homes, CRZ finalisation, Dharavi redevelopment project

 By Rohit Sharma NEW DELHI: The Chief Minister Devendra Fadnavis raised the issue for additional homes, CRZ finalisation, a fund for Dharavi Redevelopment project to Prime Minister officials at New Delhi on Friday. In a meeting with PM officials he said, a large number of households are being constructed under the Prime Minister's

Real Estate: Getting Turkish Citizenship Became Easier

By Accommodation Times Bureau ISTANBUL: Turkey has lowered the minimum amount of capital investment required to obtain Turkish citizenship from $2 million to $500,000 while the lower limit for granting citizenship to foreigners that buy real estate was also decreased from $1 million to $250,000. It has been a month since the amendment

Boost to Real Estate: Rise of e-commerce increases rates of Logistic & Warehouse

  By Rohit Sharma MUMBAI: The logistics and warehouse sector has rapidly seen the transformation in quality and quantity. It is been seen that as many as companies are investing in logistics and warehouse industry. Due to the rapid growth of E-commerce industry, it has automatically increased the demand for logistics and warehousing.