Income Group - India Investment Property

Tag Archives: Income Group

DELHI TO DEVELOP SLUM AREAS SOON: REDDY

November 28, 2008 – 5:19 am

Union urban development minister Jaipal Reddy said that the government will soon make available slum lands in New Delhi for re-development. The government will follow the Mumbai model where land is auctioned to the real estate developers for building flats. Certain number of flats will be reserved for the slum dwellers at a minimal price. [...]

By Rajani | Posted in Real Estate News | Also tagged Delhi Development Authority, Development Minister, Development Ministry, Final Touches, High Priority, Housing Supply, Jaipal Reddy, Jawaharlal Nehru, Minimal Price, Model Bill, Mr Reddy, National Urban, Planning Commission, Real Estate Developers, Residential Apartments, Rs 50, Slum Areas, Urban Renewal | Comments (0)

Mahindra Lifespaces Mulls Entering Affordable Housing Segment

September 25, 2008 – 11:14 pm

Mahindra Group’s real estate arm Mahindra Lifespaces is likely to join the ‘affordable’ housing bandwagon in a year, aiming the middle-income group.
“We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It may take one year to concertise the plan,” Mahindra Lifespaces Managing Director and [...]

By Rajani | Posted in Real Estate News | Also tagged Affordable Housing, Asset Class, Bandwagon, Chief Executive Officer, Gap, Housing Shortage, Income Groups, Indu Projects, Inflation, Managing Director, Margins, Omaxe Ltd, Planning Commission, Private Developers, Puravankara, Real Estate, Real Estate Sector, Shortfall, Shriram Properties | Comments (1)

Builders Flouting EWS Norms To Land In Trouble

July 23, 2008 – 7:10 am

Builders would face hefty fines if they do not set aside 15% space in their housing projects for the economically weaker sections (EWS). The ministry of housing has asked states to crack down on developers who violate EWS reservation. Repeated failure to implement the policy may also result in government taking back land allocated for [...]

By Rajani | Posted in Real Estate News | Also tagged Accommodation, Banks, Finance Ministry, Housing Ministry, Housing Projects, Karnataka, Ministry Of Housing, Municipal Authorities, Upa | Comments (0)

Real Estate Industry Spreads Over Small Cities

January 28, 2008 – 5:10 am

Disproportionate increase in property price in metro cities has resulted into expansion of hotel industry to small cities. The Giants of hotel industry are shifting their focus to cities like Ahmedabad, Bhuvaneshwar, Chandigarh, Coimbatore, Goa, Guwahati, Indore, Jaipur, Ludhiana, Lucknow, Mysore, Nagpur, Surat Vishakhapatnam and many more.
Main reason behind the change in investment [...]

By Rajani | Posted in Real Estate News | Also tagged Coimbatore, Executive Chairman, Goa, Good Food, Group Family, Guwahati, Hi Fi, Hotel Accommodation, Hotel industry, india, Indore, Itc, Jaipur, Lucknow, Ludhiana, Metro Cities, Mysore, Nagpur, Real Estate, Surat, Vishakhapatnam | Comments (0)