Mumbai’s density of population highest in Asia with 27,000 people living per sq.km.
Mumbai is ‘cramped up’ says the with as many as 27,000 people live per square km i, making the metropolitan one of the densest cities in Asia.
The Asian Green City Index, commissioned by German firm Siemens, analysed the environmental sustainability of 22 [...]

Plans to invest Rs.1000 crores in residential projects in the States
CHANDIGARH: Housing will soon have a new dimension in Punjab and Himachal Pradesh as Tata Housing Development Company recently announced to launch two residential projects with an estimated investment of Rs 1,000 crore. The plan was formally announced by Mr. Brotin Banerjee, MD and CEO, [...]

Stagnation in rental values leads to a drop of city’s ranking from in 5th 2010 to 6th this year

Mumbai slipped by one place to sixth in the list of the world’s most expensive office locations in 2011, according to global realty consultant Cushman & Wakefield.
The 2011 list was topped by Hong Kong, while London and [...]

ORDPL’s second project located in Andheri(East);Office spaces starting from Rs.994/sq ft onwards
Mumbai: Omkar Realtors & Developers Pvt Ltd (ORDPL), one of the leading real estate developers in Mumbai, recently announced the launch of its second project in Andheri East under the sub brand ‘The Summit – Business Bay’.
This state – of – the – art [...]

During a candid conversation, Mr.Pravin Malkani, President,Patel Realty India Limited(PRIL) reveals detailed facts about PRIL & their projects & also opines on various facets of the real estate market. Below are excerpts of the interview with sub-Editor, Indrajit Sen:

Q] Tell me something more about yourself & PRIL beyond the company profiles that I’ve received.
Ans.] A [...]

Undertakes Sustainable Development initiatives
Mumbai: The Mumbai Metropolitan Region Development Authority (MMRDA) is undertaking the challenge of addressing environmental issues in the MMR by emphasizing environmentally sustainable economic progress to foster Green Initiatives in Mumbai.
Looking at the need of hour to create an environment with the sustainable development, the Authority, on the one hand is adopting [...]

Realty major to launch expensive residential projects in the capital
NEW DELHI: The country’s second largest realty firm, DLF, plans to launch one of the costliest residential projects in the National Capital this week offering 38 luxury housing units at a price range of Rs 15-25 crore.
The company will launch on Tuesday a super luxury residential [...]

As a budgetary demand urges the Govt. to allow tax concessions to builders for affordable housing
NEW DELHI: Industry chamber ASSOCHAM has recently urged the government to re-introduce the tax exemption scheme to promote affordable housing in the forthcoming Budget for 2011-12.
The chamber also said real estate sector should be accorded infrastructure industry status to allow [...]

Considers selling its investment in the commercial project in Bangalore for Rs.255 crores
BANGALORE: HDFC Property Ventures, the real estate fund of India’s largest mortgage finance company, plans to exit its investment in Embassy Golf Links, a commercial real estate project in Bangalore for 255 crores.
The fund house had picked up 33,000 sq. ft in the [...]