India’s first 3D printed house inaugurated at IIT-Madras, Real Estate News, ET RealEstate

CHENNAI: India’s first 3D printed house built by IIT-Madras startup Tvasta was inaugurated on the campus Tuesday The house, which has a built-up area of 600 square feet, has a bedroom, a hall and a kitchen. The entire house was designed using software and printed using concrete 3D printing technology. Using this technology, a new […]

CPP Investments to invest Rs 1,500 crore in its JV with RMZ Corp to build office spaces, Real Estate News, ET RealEstate

NEW DELHI: Realty firm RMZ Corp has tied up with Canada Pension Plan Investment Board to develop office complexes in Chennai and Hyderabad and the latter will invest Rs 1,500 crore (USD 210 million) in the joint venture. Bengaluru-based RMZ Corp, which is one of the leading commercial real estate player, said it has entered […]

Gesture & NDR Group to develop three lakh sq ft co-living space in Bengaluru, Real Estate News, ET RealEstate

Coliving-operator Gesture has entered into an agreement with Chennai-based NDR Group to convert a warehouse to a coliving space spread over 3 lakh sq ft in Whitefield, Bangalore. “It’s a fixed rental model arrangement with NDR, Gesture will build and operate the facility for them,” said Sriram Chitturi, Founder, Gesture. Gesture is also ramping up […]

Embassy, Ivanhoe Cambridge to setup $500 million real estate platform, Real Estate News, ET RealEstate

NEW DELHI: Realty firm Embassy Group on Tuesday announced partnership with Canadian fund Ivanhoe Cambridge to set up a USD 500 million investment platform to develop commercial properties, primarily premium office space. Ivanhoe Cambridge is a subsidiary of the Caisse de depot et placement du Quebec, one of Canada’s leading institutional fund managers. As per […]

450 houses issued notices for letting sewage into lakes, Real Estate News, ET RealEstate

CHENNAI: The Kancheepuram Municipality commissioner in the last two months has issued notices to 450 houses for discharging sewage into nearby water bodies and started collecting a fine of Rs 500 from each of them. Truckers have been warned that they will be penalised Rs 25,000 if they were found dumping waste into Vaiyavur and […]

Railways plans residential tower on Chennai’s Wall Tax road, Real Estate News, ET RealEstate

CHENNAI: Railways seems to be betting big on real estate development in the city and is planning to rope in private developers to build apartments and commercial complexes on parcels of land totalling 7.4acres including a residential tower with shops on the ground floor on 1,116sqm land on Wall Tax road near MGR Central railway […]

Tamil Nadu housing board puts plan to build commerce hub in Nandanam on hold, Real Estate News, ET RealEstate

CHENNAI: A month after floating a tender to construct the Tamil Nadu Commerce Hub in Nandanam, Tamil Nadu Housing Board (TNHB) has cancelled the tender. Touted as a landmark structure that would be linked by a skybridge across Anna Salai, the three-tower project planned at a financial outlay of Rs. 486 crore. A corrigendum to […]

RLDA to lease land parcels in Chennai for commercial development, Real Estate News, ET RealEstate

File photo CHENNAI: The Rail Land Development Authority (RLDA) on Thursday said it would lease over seven acres of land in the city for commercial development and invited online bids. RLDA, a statutory authority under the Ministry of Railways, said the 7.36 acres of four land parcels are located at Waltax Road, Pulianthope and Ayanavaram […]

Prestige & Awfis to set up six co-working spaces with Rs 40 crore investment, Real Estate News, ET RealEstate

NEW DELHI: Realty firm Prestige Group has tied up with co-working operator Awfis to set up six centres, comprising around 4,000 desks, in Bengaluru, Hyderabad and Chennai with an investment of about Rs 40 crore. Bengaluru-based Prestige Group and Awfis will jointly invest to set up these centres and also share revenues. These six centres, […]

After a decade, TNHB to again sell housing plots in Chennai’s suburbs, Real Estate News, ET RealEstate

CHENNAI: The Tamil Nadu Housing Board (TNHB) is returning to its core housing plots vertical again on the city’s peripheries. Decades after focusing on building tenements in and around Chennai, the state owned board will be launching a slew of layouts on the outskirts. Nearly 200 housing plots at Ponneri will be the first of […]

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