Real Estate

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

US Housing Prices Stable in Second Quarter

Realty Costs To Go Up In Indian Markets - Ansal

Chandigarh: Realty developer Ansal Housing and Constructions Ltd stated that real estate prices in the metropolitan cities will arise between 10-15 per cent whereas 20-25 per cent in small cities in next 1-2 years.

Ansal Housing auspicated this development regardless of the claims that real estate market in India is heated up.