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HindustanTimes Sat,26 May 2012
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Real Estate

Posco issue: Orissa nods Rs. 70-crore rehab package

The Orissa government on Friday announced a Rs. 70-crore rehabilitation package for the 3,000 people who will be displaced by the steel plant being set up by South Korea’s Posco in Jagatsinghpur.

Farmer fires rockets to keep developers out

A Chinese farmer who fired improvised rockets to defend his home against eviction-minded property developers has had his pluck rewarded with a generous compensation offer, media reported on Friday.

Govt gives defunct firms an exit route

Defunct companies have a window of opportunity to get their names struck off the Register of Companies.

SevenHills’ 1,500-bed hospital by November

SevenHills Group plans to complete its Rs. 1,040-crore hospital in Andheri in Mumbai by November this year. The 1,500-bed hospital will be opened in phases, with 300 beds becoming available by the end of this month.

Mining law gets going

The government today said that a high-level panel headed by Finance Minister Pranab Mukherjee will meet on July 22 to sort out the inter-ministerial differences over the proposed mining legislation.

Low price, high impact

When you are the 14th entrant in a fast growing but highly competitive product or service category, how do you stand out?  Or when you are almost the last to introduce a new product or service that competition is already pushing hard, what can you do differently?

Coffee chains to spread the brew’s aroma

India’s per capita coffee consumption, at a nascent 75-80 gm stage, is set to see a push from coffee retail chains that are looking at rapid expansion in the face of  35-40 per cent annual growth.

NTC eyes big money in e-auction of Worli land

The state-owned National Textile Corporation (NTC) is in the process of undertaking the largest ever e-auction of land in the country, when its 8-acre plot in Mumbai’s prime Worli area goes under the hammer in the last week of July.

Lodha Group plans Rs. 2K-cr tallest residential tower at Mumbai's Worli

Realty major Lodha Developers plans to build the world's tallest residential tower at a cost of Rs. 2,000 crore in central Mumbai. The 1,450-feet WorldOne will come up at Upper Worli on a 17-acre plot, by 2014.

Steep hike in fee to register property

Properties in Delhi are set to get more expensive. The Delhi cabinet on Monday approved the revision of registration fee, increasing the sum from the current Rs. 100 to one per cent of the sale amount (or the circle rate of the area concerned).

Rs 1,300-crore green township from Ansals

Real estate developer Ansal API will invest around Rs. 1,300 crore to develop a green-rated integrated township at Gurgaon.

Ansal Properties to invest Rs. 1,300 cr to build green township

Realty firm Ansal Properties and Infrastructure today said it will invest Rs. 1,300 crore over the next three years to develop a green township in Gurgaon.

Lodha wins Mumbai plot in record deal

Indian real estate firm Lodha Developers paid more than twice the asking price to win a plot of land in central Mumbai for 40.5 billon rupees ($850 million), in what is seen as the single largest land transaction in the city.

DLF seeks to revive its Kolkata SEZ

With improvement in the sentiment in the real estate sector, the country's largest developer DLF wants to revive its plan for a special economic zone in Kolkata.

Mumbai, Delhi realty rates on way down

Real estate prices for new bookings in Mumbai and NCR Delhi are expected to be 10 to 20 per cent lower than prevailing market rates feel analysts as developers are still bogged down by unsold inventory in projects in these areas.
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