K Raheja launches ´Viva´ luxury homes at Pune

k-rahejaK Raheja Corp launched its latest township project ‘Viva’, at Pirangut in Pune.

Viva is spread over 77 acres of land and has independent bungalows, twin villas, townhouses, and plots which is located away from the congested main city, the company said.

The project’s amenities includes cricket pitch, tennis courts, golf-putting zones, forest adventure trails, swimming pool and jacuzzi, gymnasium, etc. which offers the urbane luxury lifestyle.

The homes are designed for young families and city dwellers from double income households, the company said.

Viva is designed with aesthetic flora and fauna with zen gardens, cascading planting and other green facets.

Viva gated community with only four villas per acre and 38 acres of open spaces.

“The property aims to create an alternate environment of peace, calm and relaxation, which is away from the city and yet excellently connected. We are already in advanced stages with ready infrastructure in phase-I like internal roads, community garden, cricket ground and club. Several town houses and twin villas are close to completion and we work towards staying true to our delivery target of June 2017,” said Vinod Rohira, Director, K Raheja Corp.

Viva is located close to the Mumbai-Bangalore Highway and Hinjewadi, Pune’s renowned IT hub. The location offers easy accessibility to both the Pune airport and railway station, according to the company.



What Demonetization? Godrej Properties sells 300 flats in Pune in 2 months Godrej Properties said it has sold over 300 out of the 400 apartments put up for sale at its Godrej Greens project in Pune.The sale comes in the backdrop of a slow real estate market complicated by a recent crackdown on 'black money' or tax evasion. The crack down was widely seen as throwing the real estate sector into a virtual freeze.The Greens pr...
Mumbai’s Viviana Mall installs India’s largest rooftop solar plant Viviana Mall in Mumbai has installed one of the largest single-site solar plants in India.The mall, located in Thane, has constructed a 900,000 volt-ampere rooftop solar power plant, which the company said was the biggest in India.900,000 volt-ampere refers to the peak capacity of the power plant. It implies that at full power (during noon on a sunny...
Housing.com says demonetization to hit Real Estate sales: re-enters rentals Anticipating a slow down in home sales in the coming months in the wake of the crackdown on 'black money', housing.com will restart its rental classifieds business soon.The portal, which had seen an ugly spat between founder Rahul Yadav and investors two years ago, had shut its rental listing last year to focus on the more lucrative home sales segmen...
Demonetization: Sobha Developers offers instalment scheme on Dubai project Sobha Group, a real estate developer focused on South India and the Middle East, has announced a new deferred payment plan for apartments and villas at Sobha Hartland – an integrated freehold community on the Dubai Water Canal in Mohammed Bin Rashid Al Maktoum City. Under the new plan, buyers of apartments and villas can pay 40% of the price two years af...
Shoppers Stop opens new MAC outlet in Malad, Mumbai Retailer Shoppers Stop Ltd. said it has opened one ´M.A.C´ branded outlet at at Inorbit Mall in Malad, Mumbai.With the opening of this store the company now has 41 M.A.C stores under its operations.Shoppers Stop is an Indian retailing company promoted by the K Raheja Corp Group, started in the year 1991 with its first store in Andheri, Mumbai.The...
Emgee Group to build apartments priced at Rs 8-12 lakh near Mumbai Emgee Group, known for its high-end properties, said it is planning to enter the affordable homes segment by building homes in price range of Rs 8 lakh to Rs 14 lakh with a configuration of 300 sq ft to 500 sq ft each unit.With this venture the company aims to help home-buyers qualify for benefits of credit-linked subsidy scheme under the Pradhan Man...
Shutters down on two Shoppers Stop, one Hypercity outlets Shoppers Stop Ltd said it is closing down its two stores at Inorbit mall at Pune and Nirmal Lifestyle at Mulund due to the decrease in business and low profitability.“The sales during last financial year from the store at Inorbit mall was Rs 2,491.20 lacs, which was 0.66% of the company's turnover and the sales from outlet at Nirmal Lifestyle was Ts 1,66...
Will Currency Ban Prick the Real Estate bubble? One of the most interesting aspects of the new move to 'churn' high-value currency notes will be its impact on real estate prices.The real estate sector was already reeling from high interest rates, slow economic growth and a fatigue due to the constant rise in prices.However, the new move to churn 500 and 1000 rupee notes via the banks to weed out b...
Adani Group commissions India’s largest tracker solar plant Infrastructure company Adani Enterprises Ltd said it commissioned India's largest tracker-based solar power plant at Bhatinda in Punjab.The 100 megawatt plant is also the largest solar project in Punjab.Tracker plants are those with motorized panels that keep tracking the sun as it moves across the sky. Compared to fixed panels, tracking panels gener...
KEC International reports 22.5% rise in operating profit KEC International Ltd, the infrastructure unit of RPG Group, reported a 22.5% rise in EBITDA to Rs 185 cr for its second quarter of FY17.EBITDA margin, which shows how profitable the company’s operations are, increased by 140 bps to 8.7% from 7.3%, reflecting a 28.11% growth in EBITDA to Rs 154.79 cr."We have consistently delivered healthy margins wi...
RPP Infra Projects wins Rs 254 mln contract from TN Civil Supplies RPP Infra projects Ltd said it received a contract worth Rs 254 mln from Tamil Nadu Civil Supplies Corporation to construct scientific storage godown at Kodavasal village & taluk in Thiruvarur district.The godown is of 2500 MT and is to be completed within 24 months.R.P.P Infra Projects Ltd, founded in 1988, is a construction company located at E...
L&T Construction wins Rs 3799 Cr railway order Larsen & Tubro said the transportation infrastructure business of L&T construction won a contract worth Rs 3,799 cr from the Dedicated Freight Corridor Corporation of India Ltd. This contract has been secured by a consortium of Larsen and Toubro Ltd and Sojitz Corp.,Japan.Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) is a special p...
HCC wins Rs 368 cr railway tunnel project in Manipur Hindustan Construction Company said it has won a Rs 368 crore contract from the Northeast Frontier Railway to Construct a safety tunnel between Tupul and Imphal in Manipur state in joint venture with Vaishno Cement Company Limited.This is part of the new railway line project being constructed between Jiribam and Imphal of Northeast Frontier Railway and t...
Nila Infrastructures gets Rs 43.5 cr order from Adani Shantigram Nila Infrastructures Ltd said it got a Rs 43.5 cr order from Adani Ports and Special Economic Zone Ltd to construct an office building at Adani Shantigram, located on S.G. Highway, Ahmedabad.The contract envisages overall construction of ground + 13 floors + two basements covering about 300,000 sq. ft. built-up area and has to be completed within 390 day...
Repco Home Finance raises Rs 100 cr by private placement Repco Home Finance Ltd said it raised Rs 100 crore through private placement by allotting 1,000 non-convertible debentures.The face value of the secured redeemable non-convertible debentures are Rs 10 lakh each.Repco Home Finance Ltd (RHFL) is a housing finance company headquartered in Chennai, Tamil Nadu.The company was incorporated in April 20...