real estate news India

Schneider Electric launches Masterpact MTZ in India – RealtyMyths

Strengthens its Industry 4.0 play with this next generation product aimed at efficient power for critical industrial buildings and plants An industry first, made in India product, with embedded Class 1 metering, which saves time and energy Schneider Electric, the global leader in digital transformati...Read More

Budget 2019-20 Neglects Commercial Real Estate – RealtyMyths

by Akhilesh K Prasad Budget 2019-20 has been hailed as a blessing for home buyers and residential real estate developers. It has provided a good mix of direct and indirect incentives, especially with respect to affordable housing in keeping with the government’s flagship initiative of ‘Housing for Al...Read More

NBCC standalone PAT up by 25.61% in Q3FY19 – RealtyMyths

State-owned Navratna PSU, NBCC (India) Limited, under the Ministry of Housing and Urban Affairs (MoHUA), today reported a standalone Profit After Tax (PAT) of Rs 77.74 Crore for Oct-Dec quarter, up from Rs 61.89 Crore reported in the corresponding quarter of last year, representing a growth of 25.61 ...Read More

Southern Cities Took the Lead for Real Estate Activity in 2018 – RealtyMyths

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Bangalore, Hyderabad & Chennai  saw a 77% increase in new residential supply in 2018; NCR 16%, MMR & Pune 17% Chennai led new launch supply with a 98% increase, Bangalore 91%, Hyderabad 43% Bangalore, Hyderabad & Chennai  ...Read More

Over 12,000 run in ‘Hiranandani Thane Half Marathon’ for healthy living – RealtyMyths

  Amruta Fadnavis felicitates the winners of Hiranandani Thane Half Marathon Dinesh Kumar and Aarati Patil win the 21 km titles With ever increasing participation every year, the seventh edition of the Hiranandani Thane Half Marathon (HTHM) saw an overwhelming response from marathoners and fitne...Read More

2019 Interim Budget: Impact on Infrastructure – RealtyMyths

by Anushree Ghosh Review & Analysis of 2019 Interim Finance Budget Infrastructure is the backbone of a country’s economy – transportation, water system, electricity, health and education.  All these are high investment systems and are significant for the development of the country. Investin...Read More

Why is low-cost housing restricted to the peripheries? – RealtyMyths

Anuj Puri, Chairman – ANAROCK Property Consultants India continues to strive for a more globally-aligned image for urban living conditions, which is what the Smart Cities mission is really all about. However, the primary need if India’s housing market is to rank higher on global benchmarks of urban l...Read More

PM Inaugurates New NBCC Built Complex of Tripura Institute of Technology – RealtyMyths

Prime Minister Narendra Modi recently inaugurated a new hi-tech complex of Tripura Institute of Technology, built by state-owned Navratna PSU NBCC (India) Limited, a move that would provide state-of-the-art infrastructural facilities that support academic excellence. “The state-of-the-art new Complex...Read More

NBCC Organises 2-Day Training Programme on Leadership Skills – RealtyMyths

NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), recently organized a two-day training programme ‘Leadership Development and Managerial Excellence’ for its officials. It was organized at NBCC’S Training and Skill Development Centre, (TSDC) in Ghitorni, Ne...Read More

Magicbricks Poll: Nearly 50% home buyers had to wait three years to get possession – RealtyMyths

36% of home buyers had to wait 5-10 years for house keys Inordinate delays in delivery of residential projects by cash-strapped developers remain the main cause of concern for Indian home buyers as a recent poll by Magicbricks, India’s No. 1 property portal, revealed that almost 50% home buyers had t...Read More

Garage Society Launches its first Co-working Space in India – RealtyMyths

Garage Society, a Hong Kong-based flexible coworking space provider, today announced the launch of their first coworking space in Cybercity, Gurgaon. The facility is spread over 19,000 sq. ft. with a seating capacity of nearly 300. The centre has been designed to cater to the needs of modern corporat...Read More

Real Estate Sector Expresses Cautious Optimism: Real Estate Sentiment Index – RealtyMyths

Residential prices expected to remain contained, while launches and sales expected to pick the pace The outlook for the office sector remains optimistic The turbulent funding environment viewed as turning positive in the calendar year Knight Frank India in association with National Real Estate Develo...Read More

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