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Karnataka cabinet clears 1% fire cess on new multi-storey buildingsThe Karnataka cabinet has approved a 1% fire cess on new multi-story buildings in Bengaluru and across the state, a move aimed at bolsterin...- Karnataka Cabinet clears 1% fire cess on new multi-storey buildings in what builders impact property pricingKarnataka cabinet decides to impose a 1% fire cess on new multi-storey buildings in Bengaluru and across the state. This decision amends th...
- Varde Partners Invests Rs 400 cr in Chennai Developer Casagrand“The money was invested against a portfolio of real estate projects and the builder has already drawn down Rs 200 crore,” one of the Varde ...
- Hitech CyberSpazio buys two office buildings in MadhapurThe transactions are valued at Rs 247.5 crore and will help Aparna expand its operations in the office space. The transaction assumes signi...
- In Mumbai’s biggest building deal, US investor to pay Rs 2,500cr for BKC towerThe One BKC deal has been stuck for a few months owing to a dispute between Radius and MMRDA over payment for additional construction right...
- XRBIA Developers forays into affordable housing in UKIn London, Xrbia’s maiden project is setting out to deliver these ‘micro’ homes spread over 400 sq ft at a cost of around 80,000 pounds and...
- After Brexit, London holds out hope for Indian buyers in UK’s realty marketThe immediate impact is going to be a decline in housing sales in the UK, and lack of movement in real estate prices due to a weakening pou...
- Essar sells housing project to SNN Builders for Rs 490 crThe 8-acre project is being built in two phases and will comprise five 40-storey towers which in future is likely to generate revenues of R...
- Essar sells housing project in Bengaluru for Rs 300 croreEssar Group announced sale of its luxury housing project in Bengaluru for Rs 300 crore to SNN Builders as part of the company's strategy.
- Developers should take smart buildings to smaller towns: Ravi Shankar PrasadRavi Shankar Prasad stressed the need to focus on conservation of environment and urged builders and developers to take the concept of smar...
- DB Realty, Radius tie-up to develop Rs 3,500 crore projectDB Realty said it will form a joint venture with Radius group to develop a housing project in Mumbai with an estimated sales revenue of Rs ...
- DIY tools, availability of codes and open source libraries reducing time for app developmentDIY tools and robust platforms capable of creating multiple apps are considerably reducing the time and cost for app development.
- Chennai takes commercial break as costs soar; regulatory overdrives eating business potentialThe areas that are bucking this trend are the most-sought-after stretches, like the pre-toll booth stretch on IT corridor Old Mahabalipuram...
- Realtors turn office space into homesA number of builders are converting their office projects into residential ones amid poor sales and falling rentals in the commercial space.
- Mumbai’s Sandhu Palace on Pali Hill in Bandra on sale for 800 croreThe controversial Sandhu Palace on Pali Hill, Bandra, touted as the most expensive residential building in the suburbs, is up for sale.
- Lodha Group, US PE offer Rs 2,900 cr for DLF plotReal estate experts said the higher offers could be credited to the new development control rules recently notified in Mumbai.
- Arabtec inks $204 mn deal with India's Raheja DevelopersThe Dubai-based builder holds a 63 per cent stake in the venture. The three projects are to be built over the next 48 months.
- Mukesh Ambani sells Kenya building for Rs 115 crSeveral Indian corporates, including Tata, Essar and Bharti, have made large investments in Africa across sectors from steel to telecommuni...
- No water for new Mumbai towersThe state government has decided not to give water connections to any new tower (seven-storeys and above), clusters or townships in Mumbai ...
- Morgan Stanley buys Daewoo HQDaewoo has signed a contract to sell its Seoul headquarters building to Morgan Stanley for $1.04 bn.
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