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The real estate developers in India are concentrating more on the execution and completion of the older under construction projects in India. The real estate market is struggling to come out of the situation as project delay is a major concern for the investors as well as for the home buyers. It is reported that [...] Continue Reading »
Several top real estate players and Mahamaya Girls’ Inter College in Noida had received notices from the state-level expert appraisal committee for non-compliance of environment clearance approval terms. The state government has constituted the state (or Union territory) level expert appraisal committee (SEAC) to verify all real estate projects in Noida and in the state. [...] Continue Reading »
The Indore Municipal Corporation has demolished a numbers of structures at four places as an action taken against the encroachers in the city. A team of team of demolition squad went to old Palasia to demolish a portion of a house in Indore. The team then demolished illegal construction at house of Asharam Chaturbhuj and [...] Continue Reading »
Two builders of Maurya Constructions and Developers Pvt Ltd accused of cheating the buyers around Rs 60 lakh were arrested from Doranda locality. The police took the action against a case filed by the people who bought flats from the builder. In the petition, the flats owners complained that the builders had threatened them of [...] Continue Reading »
The delay in execution of the construction of an 18-km Kakrigumma-Laxmipur road that is part of Ranchi-Vijayawada corridor has become a nightmare for commuters in the district. Only 40% of the Rs 36-crore road project has been completed so far. The project started in February 2010 was supposed to be completed by February 2012. The [...] Continue Reading »
As the Jaipur Development Authority is unable to start construction of the drainage system before the monsoon begins, water logging threat looms over city roads of Jaipur. According to a official, the JDA engineering wing has recently received approval for constructing proper drainage system on major city roads. However, as the tender process is delayed [...] Continue Reading »
It is found that due to uneven rainfall and delay in monsoon has reduced the water level of the Krishna Raja Sagar reservoir (KRS). The residents of Bangalore, Mandy and Mysore get water supply from this reservoir. Currently residents of different apartments and houses in Bangalore receive 900 mld (million litres daily) of water from [...] Continue Reading »
Most of the people in India prefer to buy a house as a residential property. One who had invested in purchasing a residential property in India, can enjoy different benefits after retirement. A property in India can be used as collateral and the owner can take a loan to supplement his post-retirement income. But this [...] Continue Reading »
A real estate developer in Surat was carried out a tree transplantation drive for his project in Surat. The developer used a truck-mounted spade for the operation and was able to transplant two trees instead of cutting them to make space for construction of new building. This process will encourage other builders to work in [...] Continue Reading »
Unity Infraproject, a Mumbai based real estate builder has awarded Rs 142.32 crore project for the infrastructure development in the country. The group has received Rs 48.81 crore orders for the construction of concrete road and allied civil works in Navi Mumbai, which will be completed in 18 months. In another project the Unity group [...] Continue Reading »
