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Rs. 1157 crore has been achieved by Modi's Gift City at the end of Ph-1 financial closure
Q: Hi, Hi, Modi's mega-dream project, Gujarat International Finance Tec-City (GIFT City), having achieved financial closure for its Phase-I infrastructure development.

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Latest Answer: Hey Guys, As per the recent news Reliance Capital has received 5 laks square feet of space in Gujarat International Finance Tec-City (GIFT) in the International Finance Service Centre (IFSC), Special Economic Zone. It is heard that the company will base its Global Alternate Investment Funds, its commodity exchange and other international business in this location.
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Piramal Enterprises Ltd. is looking for investment opportunities in infrastructure
Q: Hi, Piramal Enterprises is planning to invest Rs. 5000 crore in infrastructure projects and expects to finalize some deals in next 4 months.

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Latest Answer: Hi, Yes, the company is looking at road, power and renewable energy projects. About Rs 5000 crore will be invested by 2016.
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Low cost housing to get infrastructure status
Q: Hey, what will be the effect of giving infrastructure status to low cost housing??
Farhan Iqbal

infrastructure development
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Latest Answer: Good Move indeed and will definitely benefit the real estate sector..which is one of the fastest growing sectors. but these also need to be some level of caution as this initiative is likely to be misused and the interest rates from banks also needs to come down for effectiveness.
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Construction of elevated corridor between Jnanabharathi and Old Airport Road
Q: Hi, How this project going to impact on the real estate of this area? Has the construction already started?

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signal free corriodrs
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Latest Answer: The proposed Elevated corridor from Jnanabharathi to Varthurkodi involve a stretch of 28 kms along the ring road from Tumkur to Mysore. The proposed elevated corridor is proposed to start from the Jnanabharathi (A) and connect to Varthurkodi via Sirsi circle (B), Town Hall (C), Hudson circle (D), Vellara junction (E), and Old Airport Road (F).
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Elevated corridor from Central Silk Board Junction to Jayamahal Road
Q: Hii... Got to know from a real estate consultant regarding elevated corridor. What is the status of the project? Is it advisable to buy a property in this area?

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Latest Answer: The travel time from Silk Board Junction to Electronic City used to take more than one and half hours during peak hours. But the elevated expressway has reduced the commuting to around half an hour. If the elevated corridor is coming then it will reduce the travelling time from Central Silk Board Junction to Jayamahal Road
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