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REAL ESTATE

No Festive Cheer For Property Developers This Year: As Per Survey

Real estate developers across the country are unlikely to witness higher sales this festive season even as the Reserve Bank of India (RBI) has slashed the interest rate by 0.25 per cent, according to the findings of a survey. “Buried under high debt and inability of developers to complete and hand over pending projects …

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Patanjali to set up Rs 1,600 crore food park in Noida after the assembly polls in March next year.

Now in UP Patanjali Ayurved, promoted by yoga guru Ramdev, may announce an investment of Rs 1,600 crore shortly for setting up a herbal food park in Noida in the poll-bound Uttar Pradesh to meet its domestic as well as global demand. “It is almost finalised now. You may see …

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Low costs, favourable policies make builders go solar

Major real estate developers like DLF, Lodha, Vatika, IREO and Wadhwa Group are increasingly opting for solar rooftops on their buildings due to lower lifecycle costs, favourable state policies and a brand differentiation. While Mumbai-based real estate firm Lodha Group is running a pilot project using solar energy at its …

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