Delhi-NCR
The Non-government organization Yamuna Jiye Abhiyan has pointed out the deficiencies in the construction quality in the luxurious housing flats of the Commonwealth Games Village. Abhiyan appealed the investors and prospective house buyers to consider the reports that highlight flaws in the construction of the “most desirable place” to live in the Capital. The Shunglu [...] Continue Reading »
When the private equity (PE) investors are not getting attracted by the Indian real estate, Walton Street Capital is planning other way. The us based PE firm planned to invest at least Rs 100 crore in a Supertech project at Noida. Walton will get a 20 per cent stake in the residential towers of Supertech’s [...] Continue Reading »
The construction firm Supreme Infrastructure got two order for construction of highways and building construction in Punjab and Delhi. The company has got an order for construction of road project from Punjab works department of total order value Rs 166 crore. The other project is from Delhi Urban Shelter Improvement Board for constructing building projects [...] Continue Reading »
The Prestige Estates Projects aiming to sale Rs 2000 crore real estate projects in this financial year 2012-13. The real estate construction firm has launched many projects across the country. Among the projects the Bella Vista in Chennai is performing good. As of date the group has sold more than 1300 apartment out of 2600 [...] Continue Reading »
On Monday the MCD squad demolished all illegal constructions in Delhi region. The government has announced earlier that any illegal construction in the city will be removed to enhance the city planning. Many people had carried out construction in their houses illegally, taking advantage of the MCD elections. According to the authority the demolition drive [...] Continue Reading »
The government of Delhi has planned to re-develop the housing colonies. The project will be the biggest construction work in Delhi. This redevelopment of colonies will be done by National Buildings Construction Company (NBCC). Kidwai Nagar colony in New Delhi will be the first to be redeveloped. The cost of the redevelopment project is estimated [...] Continue Reading »
The residents of apartments in Delhi are complaining of illegal encroachments in the apartment premises. Similar case was brought into notice of Municipal Corporation of Delhi (MCD) with the increasing encroachments on the vacant plot behind Express Apartments located at Vaishali Sector 5. According to the residents living in Sector 5, due to MCD’s negligence [...] Continue Reading »
The builders of Mumbai and NCR have suddenly stopped bargaining on the cost of apartments in Mumbai. There are several incidents happening now a days where builders are withdrawing any discounts proposed earlier. The recent repo rate cut by the Reserve Bank of India has made real estate developers hopeful that sales would pick up [...] Continue Reading »
The real estate developers made a charge of cartelisation among cement companies to the Competition Commission of India (CCI). According to the builders agencies, the cement makers have increased the prices by 50 percent in the past six months and by 20 per cent after the Union Budget. Before six months the cost of a [...] Continue Reading »
After suffering for four long years, South Delhi residents have come out protested against Bus Rapid Transit (BRT) Corridor. It came into light after a poll conducted by the Central Road Research Institute (CRRI) for a study made compulsive by High Court. The residents of areas like Panchsheel Enclave, Greater Kailash, Siri Fort, Chittaranjan Park [...] Continue Reading »
