City-based construction firm IVRCL infrastructure and projects has plans to sell its high priced pieces of land, including the 25-crore information technology special economic zone (SEZ) plot in NOIDA, and purchase low-cost property in the light of the downside in real estate business in the country. “With the real estate being what it is now, our first priority is selling high-cost housing,” Chairman and Managing Director of the Rs.4, 200-crore company, E Sudhir Reddy said. IVRCL curr...

                                                                                                                                              Purvanchal Heights, Greater Noida is an epitome of high standard luxury, class and liefstyle. It radiates glamour and exudes sophistication. It talks in a language that only you understand. It boasts of a lifestyle that...

Financial services giant J P Morgan Chase is learnt to have bought around 4% stake in Delhi-based realty firm BPTP for Rs 250 crore through the preferential equity route. This is the second investment by any international financial investor in BPTP, after Citigroup realty arm Citigroup Property Investors picked up an equity stake of 5.89% for Rs 322.50 crore last year. The Citigroup deal had valued BPTP at Rs 5,466 crore. But with the recent land acquisition and launch of new projects, the compa...