Latest Realty News of Mizoram

Small builders drive residential development in Hormavu, Bangalore
May 31, 2013
Hormavu, a suburb in North Bangalore, is fast developing as a sought after residential locale predominantly due to its good connectivity to all major parts of the city. In the absence of established developers, small city-based builders are offering varied residential options to potential clients.
Development plan for Bharuch, Ankleshwar discussed
May 31, 2013
Bharuch Ankleshwar Urban Development Authority (BAUDA) has started consultations with stakeholders from the twin cities on a new development plan. People from various sections of the society participated in the first such meeting held on Wednesday.
Bad loans to soar on new RBI norms
May 31, 2013
The Reserve Bank of India has said that from April 2015 banks will no longer have the leeway to relax repayment norms for troubled companies without classifying their loans as non-performing assets, which would lead to a surge in bad loans. RBI has also asked banks to increase provisions on loans restructured from June 2013 to 5% from the present requirement of 2.75%.
JLLI closes Pune's largest M&A deal of 2013 at Blueridge SEZ, Hinjewadi
May 30, 2013
Leading international property consultants Jones Lang LaSalle India have successfully concluded the largest M&A real estate deal in Pune this year to date. Acting on behalf of the company holding BlueRidge Special Economic Zone (SEZ) Phase 1, the Firm's Capital Markets team has successfully facilitated the sale of 100% equity in the company to IDFC Limited, one of India's largest domestic financial institutions.
Noida circle rates to go up, 17-35 per cent hike proposed
May 30, 2013
Buying land or a house in Noida, Greater Noida or along the Yamuna Expressway may soon get costlier as the stamp and registry department has proposed to increase the circle rates by up to 35%. This proposal comes within days of the three development authorities hiking property rates by up to 30% after their board meeting on Saturday.
Eden City launches “Homegain” – home owning option
May 30, 2013
Eden City Group one of the renowned real estate developers in the city with its flagship project Eden City Maheshtala has announced ‘Homegain’, an innovative home owning option. ‘Homegain’ home owning option is offered for its ready-to-move-in apartments that allow one to take possession of his new home by paying a minimum of 20% of the property value. The buyer is also required to sign a home loan agreement for the balance amount; the EMI for which starts after one year.
MCHI-CREDAI to focus on generation next developers
May 30, 2013
In a bid to strengthen its presence in Mumbai Metropolitan Region (MMR), developers body MCHI-CREDAI has decided to set up its Youth Wing and increasingly involve the generation next.
Noida Board approves Rs 10,017 crore budget
May 30, 2013
Noida Board on Monday gave its approval for a Rs 10,017 crore budget for the year 2013-14, which is 43 percent more than last year's budget.
Property prices stagnant in Indore
May 30, 2013
Prices of residential properties in Indore continue to be stagnant compared to price of residential properties in Bhopal. It is despite the fact that both in the state are among 20 cities of the country, which have witnessed the maximum price hike in residential properties during January-March 2013 over the previous quarter, as per a study by the NHB (National Housing Bank) Residex.
Rajiv Awaas Yojana to make Allahabad slum-free
May 30, 2013
The city slums are set for a makeover. The slum dwellers would be provided concrete houses under a comprehensive project under the Rajiv Awaas Yojana. On Monday, a workshop was organized for the same where corporators and district authorities exchanged views, complaints and suggestions over it.
Mumbai-Goa highway owes killer tag to delay in expansion
May 30, 2013
Four head-on collisions this week have killed eight people and injured 14 on the narrow Mumbai-Goa stretch of the NH-17, but work on widening the highway is unlikely to start before 2015.
Land acquisition for theme park in Malvan to start
May 29, 2013
: In the pipeline for the last three years, work on the ambitious Oceanarium-based theme park might just taken off now. The Maharashtra Tourism Development Corporation has issued a government resolution to acquire 1,400 acres of land in Tondavali-Vayangani villages in the Malvan tehsil of Sindhudurg district, where the park showcasing sea creatures from around the world will be located.
Solar rooftops a must for New Town highrises in Kolkata
May 29, 2013
The New Town Kolkata Development Authority (NKDA) on May 25th took a stride forward to turn Rajarhat-New Town into a solar city. It has made it mandatory for all commercial and residential highrises to install solar rooftop systems to meet at least 2% of the buildings’ electrical load requirement.
Alchemist Township India Ltd buys 20 acres in Aerotropolis Projects in WB
May 29, 2013
Alchemist Township India Ltd, a Delhi-based real estate developer, has bought 20 acres of prime land in the Aerotropolis being developed by Bengal Aerotropolis Projects Ltd (BAPL) at Durgapur, 180 kilometres from Kolkata. Leading international property consultants Jones Lang LaSalle India were the transaction mediators for this deal, which is West Bengal's largest land transaction in 2013 to date.
The Panvel-New Panvel stretch will witness multiple project possessions
May 28, 2013
The upcoming International Airport at Navi Mumbai has infused new life into the real estate market in the southern suburbs of Panvel and New Panvel, which would be in close proximity to the airport. This has made these locations, one of the most-promising property destinations in Navi Mumbai, today.
Bangalore realty market more positive
May 28, 2013
With a new stable government looking to address some problems of the previous one, and with interest rates falling, Bangalore’s real estate market is looking more positive for buyers and investors than it has been in a while. Given that property prices here have been relatively stable in the past few years also makes it quite attractive.
Builders urged to keep in mind basic consumer requirements
May 28, 2013
Builders in Mangalore have been asked to think about meeting the basic consumer requirements while planning their projects.
Single-window approval for projects sought
May 28, 2013
Credai, the apex body of real estate developers in the country, has urged the Government to introduce single-window approvals for projects at the earliest.
Realty firms tweak norms to push sales
May 28, 2013
Sluggish commercial market is prompting developers, occupiers and financiers to come up with different ideas to protect their interest and get things going. While developers are tweaking their offerings along with easier payment structures, including installment option, private equity players are opting for strata buys rather than acquiring entire projects for complete control.
Indiabulls Real Estate can move to Rs 110: Tulsian
May 28, 2013
SP Tulsian said "By and large, I am keeping a positive view on all the real estate stocks whether you talk of the Indiabulls Real Estate or Prestige Estate , Anant Raj . Maybe because Indiabulls Real Estate has a good presence in Mumbai, the three pockets - National Capital Region (NCR), Bangalore and Mumbai are really doing quite well."
State push for road projects
May 28, 2013
Road projects under the Pradhan Mantri Gram Sarak Yojana (PMGSY) scheme received a push on Monday with the state cabinet passing a proposal to form eight programme implementation units (PIU), which will look after the road construction projects in seven districts.
Gujarat International Finance Tec-City in trouble, seeks government help
May 28, 2013
Gujarat International Finance Tec-City (GIFT) desperately needs funds to extend basic civic infrastructure - drainage, water supply lines, utility duct lines, district cooling system and infrastructure for power supply - across the entire first phase of the GIFT city area
Corporation to develop facilities around metro stations
May 28, 2013
As metro rail plans to open the Koyambedu-St Thomas Mount elevated line by mid-2014, Corporation of Chennai is getting ready too — to provide access to the stations on the route.
'Anywhere Registration' of property back on rails
May 27, 2013
After initial hiccups, the 'Anywhere Registration' of property project is back on the rails. The Stamps and Registrations department is all set to launch the project in two more districts, Medak and Nalgonda, on Monday
Developers get relief from Competition Appellate Tribunal
May 27, 2013
The Builders' Association of India (BAI), the apex body of builders and contractors and the only representative body which takes up the concerns and grievances of builders to the state and central governments, recently scored a major victory against alleged cartelisation by the cement industry.

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