The Real Estate Daily Morning News 02042015

The Real Estate Daily MorningNews
The Real Estate Daily Morning News
Thursday, April 02, 2015
www.century21.in
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Thursday, April 02, 2015
The Real Estate Daily Morning News
Article:
Real estate and India’s
savings
Publication:
livemint.
Edition:
Online
Earlier, having a house was a dream that took years to fulfil
and needed a lifetime’s savings and loans from relatives
and friends. Things have changed a lot with the advent of
home loans. But not only are people buying houses sooner in
their lives, home loans are also fuelling the appetite for
hoarding real estate. The concept of real estate has
transformed from just being a place to live to an asset class
of choice. The average Indian’s love for real estate is well
known, and why not? In some pockets, real estate and land
have delivered above average returns relative to most asset
classes. However, due to lack of regulatory control, the
sector has also become a favourite investment avenue for
many with undisclosed income sources.
To read more please click on link:
http://www.livemint.com/Opinion/1z3Z9Vxwq1hStcqQt8fzUL/Re
al-estate-and-Indias-savings.html
Edition:
Imagine living in an area with very few car parking lots,
where you can bicycle to work in two minutes and walk to
the station close by to take the metro to attend a client
meeting. This may be a reality in the next five years once the
transit-oriented corridor project called the East Delhi hub,
awarded to National Buildings Construction Corporation
(NBCC) by Delhi Development Authority recently, is
completed with its marquee 100-storey building and zero
surface parking. The Master Plan of Delhi 2021 has a chapter
on transit oriented development (TOD) that has proposed a
Online
few corridors around Delhi as part of the first phase.
Article:
A 100-storey tower, 4800
houses: Delhi’s
Karkardooma Metro area
to look like a sci-fi city
Publication:
hindustantimes.
To read more please click on link:
http://www.hindustantimes.com/chunk-ht-ui-htestatestopstories/a-100-storey-tower-4800-houses-delhi-skarkardooma-metro-area-to-look-like-a-sci-fi-city-in-fiveyears/article1-1332742.aspx
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Thursday, April 02, 2015
The Real Estate Daily Morning News
Article:
Registration of properties in
unauthorises colonies
allowed
Publication:
zeenews.
Edition:
Online
Article:
CBRE to buy Johnson
Control's real estate biz for
USD 1.47 bn
Publication:
business-standard.
Edition:
Online
In a major relief to lakhs of people living in unauthorised
colonies, Delhi government on Tuesday decided to allow
registration of properties in the settlements regularised by the
Centre, heeding to a long-standing demand of the
residents.
Delhi Chief Minister Arvind Kejriwal issued direction to finalise
boundaries of the 1650 unauthorised colonies in the city out
of which around 800 have been regularised by the Centre.
To read more please click on link:
http://zeenews.india.com/business/realestate/latestnews/registration-of-properties-in-unauthorises-coloniesallowed_122368.html
Real estate consultancy firm CBRE has entered into an
agreement to acquire Johnson Controls' work space solution
business GWS for USD 1.475 billion in an all cash deal.
Together, CBRE and GWS will manage nearly 5 billion square
feet of real estate and corporate facilities globally, including
1.4 billion square feet in Asia Pacific, CBRE said in a
statement.
CBRE has entered into a definitive agreement to acquire the
Global WorkPlace Solutions (GWS) business of Johnson
Controls, Inc. The "purchase price of the deal is USD 1.475
billion, payable in cash", the statement said.
To read more please click on link:
http://www.business-standard.com/article/pti-stories/cbreto-buy-johnson-control-s-real-estate-biz-for-usd-1-47-bn115040100907_1.html
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Thursday, April 02, 2015
The Real Estate Daily Morning News
Article:
Mumbai's coastal road
plan is a welfare scheme
for the well-to-do
Publication:
http://scroll.in/
Edition:
Online
The Bharatiya Janata Party-led government in Maharashtra
has been on a building overdrive. In the five months it has
been in power, the dispensation has taken several decisions
to construct infrastructure in the state without paying any
heed to the impact it will have on communities and
ecology. Few projects perhaps capture the government’s
callousness as perfectly as the proposed Rs 8,000-crore
coastal freeway in Mumbai, from Nariman Point in the city’s
south to Kandivali in the western suburbs. Though it is not a
new idea, the coastal freeway has received an impetus
under the BJP-led government, which feels that the 34kilometre road is desperately needed to improve Mumbai’s
traffic.
To read more please click on link:
http://scroll.in/article/713403/Mumbai's-coastal-road-plan-isa-welfare-scheme-for-the-well-to-do
Publication:
Property prices increased sharply in many major cities of
India during the Jan-Mar 2015 quarter, according to the
data available with Magicbricks. Areas such as Silk Board (
Bengaluru), Nungambakkam (Chennai) and Ghatlodia
(Ahmedabad) witnessed some of the highest capital
appreciation, thus bringing cheer to those who have
invested in these areas. Take a look!
Economictimes
Silk Board, Bengaluru
Article:
Top 3 cities to make
money from property in
India
Edition:
Online
Property prices in Silk Board increased by about 10.45 per
cent during the Jan ..
To read more please click on link:
http://economictimes.indiatimes.com/wealth/realestate/realty-trends/top-3-cities-to-make-money-fromproperty-in-india/articleshow/46766805.cms
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Thursday, April 02, 2015
The Real Estate Daily Morning News
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Thursday, April 02, 2015