Puravankara Projects lays off 100+ civil engineers

Completion and near completion of major big projects of Puravankara and lack of market response (due to which no new projects planned) are being quoted as the reasons for laying off over 100+ civil engineers.
Earlier DLF and Omaxe had taken similar steps.
Puravankara which employs over 750 people is going ahead with its "affordable housing" project.
Technorati […]

Lehman Realty Assets in India

Recent collapse of Lehman has the Department of Industrial Policy and Promotion (DIPP) and the Reserve Bank (RBI) meeting soon to discuss the situation.
Lehman has $500 million investment in Indian real estate projects. Lehman invested $200 million last year in DLF promoter group company DLF Assets. It has also invested $80 million in Bangalore […]

Top Builders in Bangalore

Here is a list of some of the good builders in Bangalore:

 Sobha Developers
URL: http://www.sobhadevelopers.com

Mantri Group
URL: http://www.mantri.info

SJR Group
URL: http://www.sjrgroup.com

Prestige Group
URL: http://www.prestigeconstructions.com

Puravankara GroupURL: http://www.puravankara.com

Brigade GroupURL: http://www.brigadegroup.com

Salarpuria GroupURL: http://www.salarpuriagroup.biz

India Builders Corporation (IBC) Group
URL: http://www.indiabuildersco.com

Adarsh GroupURL: http://www.adarshdevelopers.com

RMZ Corp
URL: http://www.rmzcorp.com

 
Technorati tags: Top Builders Bangalore, Best builders in Bangalore, property developers […]

Top 10 Integrated Townships destination cities in India

Business Today has published an article on the future cities of India in which they mention that integrated townships could be the answer to India’s urban problems.

 
 
 
 
 
 
 
 
(Fig: Magarpatta in Pune, source: magarpattacity.com)
The top 10 integrated township destination cities of India are:

Bangalore
Delhi-NCR
Mumbai
Lucknow
Kolkata
Jaipur
Chandigarh
Chennai
Pune
Panipat

Besides the usual metro cities there are small cities which also show up […]

Festival deals from property developers

Diwali and Navaratra festivals are attracting lot of deals from several property builders across India.
Some deals being offered in Mumbai:

Mantri group and Nirmal Lifestyles are offering a waiver on stamp duty and registration fee of the property (around 4% of the total property value).
Runwal Group and Akruit Nirman are offering special rates and incentives […]

Getting good response for India property shows in US

Rs 25 crore sales, yes that is the amount of spot sales which property developers recently got during the 2 day property show held in Eddison, Dallas and Sunnyvale by Chennai-based Priya Publications. This show focused on residential properties.
Bangalore topped the list of destinations to invest followed by Chennai, Hyderabad, Mumbai, Pune, Delhi, Gurgaon, Goa […]

Malls in India go Wi-fi

Malls in Bangalore, Mumbai and Ahmedabad have gone wi-fi to ensure students and executives spend more time in the mall. More the time spent, more the purchase.
Inorbit Mall and Infinity Mall in Mumbai; Forum mall in Bangalore; Iscon Mega Mall, Himalaya Mall, Gallops have taken the wi-fi plunge already and many more are in queue.
Considering […]

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