Real Estate News Bytes
Haryana has decided to levy an infrastructure augmentation charge on developers – if they want to get full or partial completion certificates. Chances are that the same will be passed on to buyers.
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New tax may make Gurgaon flats costlier
Film exhibitor PVR has put its multiplex at Phoenix Mill mall in central Mumbai on the block with a price tag of 80-100 crore.
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PVR to sell Phoenix Mills multiplex for 100 crore
In what could easily be the most expensive land deal in the metropolis, a building in suburban Borivali (West) was sold for a whopping 1.5-lakh per square feet for commercial purpose .
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At 1.5 lakh/sqft, Borivali property sells for record price
Textile major Raymond’s plans to develop its 125-acre plot housing its plant in Thane, is likely to get delayed.
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Raymond’s plan to develop Thane plot delayed over labour issue
Investors can invest in rent-generating assets, which can fetch very decent returns.
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Where to put money in real estate
DLF is in advanced talks with Hilton Hotels and Resorts to outsource management of its super luxury vacation homes in an upcoming project in Kasauli.
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DLF may outsource mgmt of luxury resorts to Hilton
Insurance major Life Insurance Corporation of India (LIC) today said that will invest a sum of Rs 1,000 crore to develop a mall-cum-office complex at Mohali.
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LIC to build mall-cum-office complex at Mohali, invest Rs 1000 crore
A residential apartment covering an area of approximately 4,000 sq ft located in a high-end project situated in Worli was sold for Rs 43 crore.
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A weekly round-up of some big-ticket city deals
DLF has put on hold its plan to sell its non-core assets including ultra-luxury hotel chain Aman Resorts and wind energy business for the next three quarters.
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DLF defers sale of non-core assets
Bayer CropScience is close to selling it?s 108 acre land at Thane in Maharashtra, the land is valued at around Rs 1000 crores.
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