Minister of State for Housing and Urban Affairs, Hardeep Singh Puri, in his address, at the National Real Estate Development Council’s (NAREDCO) 15th National Convention announced that the BJP led NDA Government’s goal of creating ‘Housing for All’ would be achieved two years in advance that is, by 2020.
The board of directors of Haryana Rail Infrastructure Development Corp (HRIDC) has approved the DPR of the Haryana Orbital Rail Corridor Project, a new double rail line of about 130 km from Palwal to Sonipat.
The work on building the country's first elevated light rail transit systems for the twin capital cities of Jammu and Srinagar would start soon, and the project is expected to be completed in five years.
Godrej Fund Management (“GFM”), the real estate private equity arm of the Godrej Group, has announced the second and final close of its US$ 450 million office development platform. Across Godrej Build to Core-I (“GBTC-I”) and the existing core fund, GFM can now invest in or develop office assets worth over US$ 1 billion in value.