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PE investment falls

Private Equity Exit Painful as Rupee Falls

The rupee fall may have made the realty scenario attractive to NRIs improving property sales among them. However, it is not a good scene when it comes to private equity (PE) investors who fund the real estate developers. The PE firms are not only stuck with their current investments due to real estate stagnation, but […]

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MHADA apartments

MHADA Flats Touch Rs. 1 Crore

For the first time in its history, the cost of the houses which will be put for lottery by the Maharashtra Housing and Area Development Authority (MHADA) for the year 2014 will touch Rs. 1 crore. MHADA’s increased pricing MHADA is planning to construct about 250 flats for the high income group (HIG) in its […]

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Dharavi Redevelopment Project Limps Ahead

The first phase of slum redevelopment of Dharavi, one of Asia’s largest slums, may be ready by the end of this year amidst tug-of-war between multiple interest groups. The project however runs a risk of getting entangled in public-private dispute similar to that of the Mumbai airport redevelopment project. The Dharavi project began almost a […]

karthik.k

MHADA to acquire private land without government approval

MHADA will hereafter, be legally entitled to take possession of revenue land without government approval. In this regard, the state government intends to establish land banks in order to aid affordable housing options. According to market news, the collector can have an advanced possession of land of up to two hectares. The divisional commissioner has […]

CommonFloor Editorial Team

Government housing supply in Pune

As buying houses are increasingly becoming un-affordable, the MHADA(Maharashtra Housing and Development Authority) has undertaken the construction of residential buildings under various housing schemes for different sections of the society. A special housing scheme for the rural and urban scheduled caste population was conceived by the State Government. The funds of almost Rs 846 crores […]

CommonFloor Editorial Team

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