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PURAVANKARA post strong results

Posted by on February 12, 2012 at 3:47 pm

By Accommodation Times Bureau PURAVANKARA POSTS STRONG 9M FY12 RESULTS WITH 31% YoY INCREASE IN REVENUES; Revenues at Rs 5,825 mln; EBITDA at Rs 1,390 mln; PAT at Rs 897 mln The company recorded 31% increase in consolidated revenues to INR 5,825 Million for the 9-month period ended 31 December 2011 compared to INR 4,440 [...]

Upsurge in US in Chennai’s housing demand

Posted by on February 12, 2012 at 3:47 pm
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By Accommodation Times (www.accommodationtimes.com) According to the survey report has been conducted during the property exhibition conducted in Edison, NJ. Survey report explains 31% percent of the visitors shown their interest in Chennai for investing their hard-earned money in property market. The demand for other metro cities of India such as ranged from Bangalore, Hyderabad, [...]

Delhi Govt awarding affordable housing, pertaining to polls

Posted by on February 11, 2012 at 3:42 pm
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By Accommodation Times (www.accommodationtimes.com) New Delhi: Following to upcoming civic polls of Municipal Corporation of Delhi lined up in March 2012. Pertaining to these forthcoming polls eventually Delhi government has started to award affordable house approx 2200 for industrial workers in the city on Friday. In the phase of the low cost house allotment near [...]

Low cost housing standstill due to case, PCNDTA

Posted by on February 11, 2012 at 3:42 pm
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By Accommodation Times (www.accommodationtimes.com) Pune: In October 2011 after the call-off of the DB Realty’s project to construct affordable housing for the lower income group, the Pimpri-Chinchwad New Town Development Authority (PCNTDA) had taken the initiative to build 5040 housing units under the Basic Services to Urban Poor (BSUP), however 2750 homes for the Middle [...]

In Chembur 18 buildings will go under redevelopment process

Posted by on February 10, 2012 at 2:37 pm
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By Accommodation Times (www.accommodationtimes.com) Mumbai: There are 39 buildings in Sahakar nagar1 in Chembur out of which tenants of 18 buildings have signed the agreement with developers for redevelop their buildings. Sahakar Nagar’s buildings had been developed by the Maharashtra Housing and Area Development Authority (Mhada) in 1954 in Chembur’s Shell Colony. This would be [...]

Garib Mazdoor Sangh moved to HC against SRA rehabilitation

Posted by on February 10, 2012 at 2:37 pm
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By Accommodation Times (www.accommodationtimes.com) Mumbai: About 17 slum dwellers of Garib Mazdoor Sangh slum moved to High Court alleging that Slum Rehabilitation Authority (SRA) is accountable with with Kunal Builders, the Brihanmumbai Municipal Corporation (BMC) and the Maharahstra Housing and Area Development Authority (MHADA) had puffed-up the number of slumdwellers eligible for housing under the [...]

Commercial Property market plunges in the Q4-2011

Posted by on February 9, 2012 at 2:35 pm
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By Accommodation Times (www.accommodationtimes.com) NEW DELHI: The commercial property market in India was facing downturn in the October to December 2011. According to the survey report of the Royal Institution of Chartered Surveyors (RICS) says that, “the global real estate market is clearly feeling the effects of the softer macro environment, where in India too, [...]

Commercial Property market plunges in the Q4-2011

Posted by on February 9, 2012 at 2:34 pm
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By Accommodation Times (www.accommodationtimes.com) NEW DELHI: The commercial property market in India was facing downturn in the October to December 2011. According to the survey report of the Royal Institution of Chartered Surveyors (RICS) says that, “the global real estate market is clearly feeling the effects of the softer macro environment, where in India too, [...]

Haryana Govt. planning to develop NCR like Gurgaon, Faridabad, Sonepat

Posted by on February 9, 2012 at 2:34 pm
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By Accommodation Times (www.accommodationtimes.com) Haryana:The Haryana government is planning to develop NCR like Gurgaon, Faridabad, Bahadurgarh and Sonepat under it sub-regional plan the National Capital Region (NCR). On this Monday Chief Minister Bhupinder Singh Hooda has declared in the second meeting of the National Development Council (NDC) Sub-Committee on Urbanisation. Hooda added that, “the Haryana [...]

Haryana Govt. planning to develop NCR like Gurgaon, Faridabad, Sonepat

Posted by on February 9, 2012 at 2:34 pm
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By Accommodation Times (www.accommodationtimes.com) Haryana:The Haryana government is planning to develop NCR like Gurgaon, Faridabad, Bahadurgarh and Sonepat under it sub-regional plan the National Capital Region (NCR). On this Monday Chief Minister Bhupinder Singh Hooda has declared in the second meeting of the National Development Council (NDC) Sub-Committee on Urbanisation. Hooda added that, “the Haryana [...]