By: Aradhana Aravindan SINGAPORE: CapitaLand Commercial Trust (CCT) said on Thursday it would buy a 46-storey office tower in Singapore’s financial district for S$2.1 billion ($1.55 billion) from BlackRock Inc,… Read more »
NEW DELHI (INDIA): Institutional investors have put in USD 5 billion so far this year into the real estate sector, largely in commercial assets, according to KPMG. “USD 5 billion… Read more »
AMARAVATI (INDIA): Andhra Pradesh Chief Minister N. Chandrababu Naidu said that the construction of more than 2,44,164 houses, out of the proposed 3,03,044, has been commenced, with an estimated expense… Read more »
NEW DELHI (INDIA): Government of India today announced a new Public Private Partnership (PPPs) Policy for Affordable Housing that allows extending central assistance of up to Rs.2.50 lakh per each… Read more »
NEW DELHI (INDIA):The Supreme Court of India has directed embattled real estate firm Unitech Residential Resorts Ltd to pay Rs 80,000 each as compensation to 39 home buyers towards litigation… Read more »
NEW DELHI (INDIA): State-owned construction firm National Buildings Construction Corporation (NBCC) will launch about 1,000 flats for sale in this festival season and is in discussion with the government to… Read more »
NEW DELHI (INDIA): Virtuous Retail South Asia (VRSA) today unveiled the new identity of the recently acquired North Country Mall (NCM) in the Chandigarh Capital Region. NCM, now rebranded as… Read more »
NEW DELHI (INDIA): Central Park today announced that Flower Valley, a premium global township at Sohna Road, Gurgaon has received RERA registration certificate. This development highlights Central Park’s focus towards… Read more »
COIMBATORE (INDIA): With 30 per cent lesser offtake of 430 million tonnes of cement last year, due to slowdown in construction industry in the country, a similar trend is likely… Read more »
NEW DELHI (INDIA): Union minister Hardeep Singh Puri has directed review of floor area ratio (FAR) norms in mega cities, a move aimed at ensuring better utilisation of scarce land… Read more »