RHB grants 37 leases in Jaipur's Pratap Nagar to homeowners
For the first time, a public hearing was organized in Pratap Nagar by the Rajasthan Housing Board, where leases were issued to 37 house owners. With these leases, the house owners would obtain ownership rights on the RHB plots and would be eligible for various government facilities, such as the Bisalpur water.
The public hearing program had been scheduled for March 10 at the Circle Office Pratap Nagar to address and resolve the complaints and issues of common people in a transparent and sensitive environment.
Housing Commissioner Inderjit Singh and other officials listened to a..
Chintels Paradiso Phase II: Buyback & Rebuild Offer Extended
In a groundbreaking move, Chintels Paradiso Phase II in Gurugram has extended its exclusive buyback and rebuild offer to homeowners. This unprecedented initiative aims to provide residents with an opportunity to upgrade their living spaces. The real estate development company, known for its innovative approach, has decided to continue the offer, allowing homeowners to sell their current properties and opt for a brand-new home within the same project.
This offer comes amidst a dynamic real estate landscape, offering a strategic solution for residents looking to enhance their living expe..
Belagavi BUDA embarks on Kanabargi residential project.
In a significant development, the Belagavi Urban Development Authority (BUDA) has commenced the demarcation of boundaries for its upcoming residential project in Kanabargi.
This strategic move marks a crucial phase in the project's progress, signifying the physical manifestation of plans for the residential development.
The initiative aligns with the city's urban expansion goals and aims to address the growing housing demands in the region.
The careful boundary marking process ensures precise delineation, laying the foundation for subsequent construction and infrastruct..
Brookfield India REIT to Acquire Bharti's Stake in Realty JV
Brookfield India Real Estate Trust (BIRET) is set to acquire nearly 50% stake in a real estate joint venture with Bharti Enterprises. This joint venture, Rostrum Realty Private Limited, includes properties across Delhi-NCR. The transaction is valued at approximately ?6,000 crores. Last year, Brookfield Asset Management already acquired a similar stake in four Bharti commercial properties.
With this acquisition, Brookfield?s REIT in India and Brookfield Asset Management will collectively control Rostrum Realty. This move is part of Brookfield's strategy to expand its real estate portfoli..
DLF Ventures into Mumbai, Goa with Luxury Homes This Year
DLF, India's leading real estate developer, is set to enter the luxury housing markets of Mumbai and Goa by the end of this financial year. The company plans to introduce high-end residential projects, marking its first significant ventures in these regions.
In Mumbai, DLF will launch a premium condominium project in Andheri, featuring luxury apartments priced between ?6 crore and ?8 crore. This development signifies DLF's re-entry into Mumbai's real estate market after a long hiatus. The project aims to cater to the burgeoning demand for luxury homes in India's financial capital.
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