Tag: Information Technology Park

Developers may get to buy back built-up space in STPI

The department of industrial policy and promotion is considering a proposal to allow real estate developers to buyback built-up area sold in software technology parks of India (STPI) units and lease out it to other businesses. The issue came up in the last meeting of foreign exchange promotion board (FIPB), when the board took up […]

Raheja Prices Villas At Rs 6 Crore

Real estate entrepreneur Vijay Raheja has lined up a raft of projects in Mumbai and Bangalore for the next six months to a year—braving a slump in the property market after splitting the family business with his brother in July—and started with a development targeted at the rich. His company, V Raheja Design Construction launched […]