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economy
Noida Authority gives ‘in-principal’ nod to free-holding properties

File photo The Noida Authority on Thursday gave its in-principal approval to conversion of land holding rights from “lease hold” to “freehold” subject to nod from the Uttar Pradesh government, according to officials. The decision which could have a significant impact on real estate and property in the city adjoining the national capital was taken…

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economy
DLF inks pact with Hines for 12-acre Gurgaon plot joint development

MUMBAI: Realty major DLF has entered a pact with global real estate investment, development and management firm Hines to jointly develop a high-end commercial project on a nearly 12-acre land parcel in Gurgaon’s Udyog Vihar.The company has entered into a non-binding term sheet with a fund managed by Hines through its wholly-owned subsidiary DLF Home…

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economy
Institutional investment in real estate highest in Q3 in 11 years

MUMBAI: Fund inflows from institutional investors reached its peak of Rs 11,212 crore — highest third quarter performance in the past 11 years — indicating the continued momentum in private equity investments in the Indian real estate sector.The investment volume increased 9 per cent from a year ago in the first three quarters of 2018…

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