Real Estate

Al Badie group taps into UAE real estate emanating from Indian market

Mumbai, Nov.22: The Al Badie Group (ABG) has announced plans to tap into the growing interest in UAE real estate that is generating from the Indian market.

Sobha Developers to expand Township Project with two Realty Partners

Mumbai: Bangalore-based Sobha developers has decided to expand a township project in Haryana with a total investment of Rs 2,000 crore together with realty firm QVC Realty and Chintels India.

The Gurgaon-based community, undertaken as a part of combined expansion agreement, would cover up more than 192 acres, comprising single-family houses, flats, commercial, retail and office space.

The company informed the Bombay Stock Exchange (BSE) that the new project would spread for over 6.5 million sq ft and is situated in segment 106-109.

DLF and Limitless will work in 50:50 JV on Bidadi Township Project

DLF City

Government plans State level Regulators for real estate

Jaipal Reddy - Real Estate Regulator IssueMumbai - The UPA government has announced its plans to help states to setup regulators for the real estate sector. Mr. S. Jaipal Reddy, Urban Development Minister said that the regulation at state level is essential. The real estate sector has seen a decent growth in last 3 years. With the prices of real estate going up all over the country, there is a strong need for regulation in the sector.

Unitech has eyes on Telecom Sector

Unitech Limited

Mumbai: Unitech Ltd, the country’s second-biggest realty firm stated that it will enter the telecom services sector and will shortly apply for permissions for the whole country.

In an announcement to NSE, the company told that its eight subsidiaries will submit applications to Department of Telecommunications (DoT) in order to offer Unified Access Services (UAS) in 22 telecom circles crosswise the country.

Plaza Centers plans to build 50 commercial centres across India

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