nikkipinki's Blog

According to a study by ASSOCHAM, the burgeoning Indian constuction industry, currently worth $70 billion, will rise to US $120 billion by 2010. this growth is believed to be people-intensive. The Indian construction sector currently employs about 30 million and will provide direct and indirect j...

Godrej Industries Ltd chairman Adi Godrej said on Tuesday the group's real estate unit, Godrej Properties, will file papers for an initial public offer with the markets regulator in "a few days". "We will file the prospectus with Sebi (Securities and exchange Board of India) in a few days," Godre...

Delhi-based real estate major Omaxe will develop a theme township on 393 acre at Naya Raipur - the capital city of Chattisgarh. The Omaxe Golf Theme Township will be developed at a cost of Rs 1,800 crore. Omaxe is one of the India's largest real estate and construction firms with operations in 31...

If one talks about providing a flat at a cost of Rs.1.00 lakh, the hearer will take it as a plain lie, but DDA has prepared an important plan to make it true. Under this scheme 24500 flats will be constructed for economically weaker section (EWS) in the first phase. DDA has sent a proposal to Cen...

This is a 1,483 km long dedicated freight corridor that will pass through states like Uttar Pradesh, NCR, Haryana, Rajasthan, Gujarat, and Maharashtra. A band of 150 km on each side of the freight corridor will be developed as an industrial corridor.  Six investment regions and six industrial are...

1. Many large business entities are now branching out into real estate development, while real estate companies are entering other areas. What is the reason behind all this?  Diversification is a natura1consequence of India's economic boom. This boom is happening across various sectors, not only ...

The Conventional construction industry in the country today is undergoing a change, with one of its most visible aspects being the emergence of Pre-Engineered Buildings (PEB). Different from the usual concrete buildings with asbestos-type roofs and walls, a pre-engineered building is made of stee...

The negative flutter in the stock markets caused some anxiety to home buyers. After hearing various viewpoints about the real estate market crashing if the Sensex plunges futher, one should point out that real estate is an asset class, which is not directly impacted when the bears take over.     ...

SO YOU thought lifestyle was always about saunas and swimming pools, schools or golf courses ? Wrong.   Faith, they say, moves mountains. It certainly is now moving real estate developers, who are finding fortunes in targeting customers who are pilgrims or spiritualists.   Temple towns are witnes...

Office Space rentals have gone up substantially in the central and suburban business districts of                 Delhi (CBD and SBD), including places like Connaught circus and Nehru Place, in recent times. Although the residential segment in NCR (National Capital Region) has taken a breather or...