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Kot Jewar Property

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    • 21st Nov 18

      Over 7,700 Apply For Yeida's Scheme Offering Plots Near Jewar Airport

      The Yamuna Expressway Industrial Development Authority (Yeida) has received massive response on its 2018 residential plot scheme that was launched on October 12. The Yeida announced it would be selling 1,977 plots in the first phase, measuring between 120 square metre (sqm) to 500 sqm. The last date for applying was November 17. Officials on November 20 said the authority had received 7,736 applications for plots. Lying within five and seven-kilometre periphery of the proposed airport site, the plots on sale are spread across sectors 18, 19, 20, 22A, 22C and 22D.
    • 6th Dec 18

      NBCC, Kotak Among 4 Shortlisted To Buy Insolvency-Hit Jaypee Infratech

      Government-owned NBCC along with Kotak Investment, Singapore-based Cube Highways and Suraksha Group have been shortlisted to acquire debt-laden Jaypee Infratech. Currently, insolvency proceedings against the company are underway in the National Company Law Tribunal. Last year, when Lakshadweep Pvt Ltd, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, won the bid to buy the company for Rs 7,350 crore, Jaypee declined the offer on the grounds of undervaluation.
    • 31st Dec 18

      Embassy Office Parks REIT Receives Sebi's Approval

      World’s largest alternative asset manager Blackstone Group and its Indian partner real estate major Embassy Group have received approval from the Securities and Exchange Board of India (Sebi) to launch India's first real estate investment trust (REIT). It was on September 24 that the two had approached the Sebi and filed documents to launch the REIT. The IPO will issue fresh units worth up to Rs 5,250 crore ($750 million).
    • 19th Dec 18

      Metro To Unlock Potential Of Pune's Emerging Real Estate Markets

      It was in 2016 when the Union Cabinet gave a go-ahead for the construction of Phase-I of the Pune Metro. The Metro connectivity that has been instrumental in the growth of real estate in other major cities, including the national capital region, Mumbai, Bengaluru, Kolkata, and Chennai, has worked its magic on Pune's real estate market, too. With the laying of the foundation stone of the Pune Metro’s third line, more real estate pockets are now expected to witness a growth.
    • 9th Jan 19

      Upcoming Airports That Will Be A Game Changer For Real Estate

      In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

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