India's dream to host the Formula One Grand Prix is finally coming true. The F1 GP circuit that is being developed under the leadership of Jaiprakash Gaur, Chairman, Jaypee Group of companies, is fast nearing completion.
According to realty research firm, PropEquity, launch of housing projects across top eight cities dropped 31 per cent since the September-December 2010 quarter. This has been due to the widening gap between demand and supply of apartments.
Supertech Ltd, a Noida-based real estate developer, has announced the launch of India’s first ever eco-centric development project, ‘Eco-Citi’ in Sector 137. Spread over 12.6 acre, this residential project will comprise of 2, 3, 3+1 and 4+1 BHK apartments, ranging between 890 sq. ft. to 2275 sq ft The project will have 1,700 units, price of which will start from Rs 19.79 lakh upto Rs 1 crore.
Ambience Group will invest Rs 1,945 crore over the next four years on two housing projects in Gurgaon and Noida. The company will offer 1,030 apartments. In Noida, it will build 280 flats in the 3.5 acre project ´Ambience Tiverton´ at Rs 465 crore.