Cities
Just like Smartphone have changed the world of telecommunication and the way people connected with each other; Smart Cities are going to offer a game changing scenario for the real estate sector. With the Narendra Modi led government announcing its plans to build over 100 smart cities, some projects have already taken a lead becoming [...] Continue Reading »
The much anticipated and widely awaited draw of lots for the Delhi Development Authority Housing Scheme for 2014 schedules in November this year is going to be streamed live for online users. In the first of its kind announcement, the vice-chairman of the Delhi Development Authority has approved the proposal to webcast the draw through [...] Continue Reading »
With the new Union Government having been asked by the Delhi High Court to clarify its stand on implementation of the amended Delhi Rent Act 1995, the Centre apparently has plans underway to draft a new Rent Bill for Delhi. The Union Government will proceed with the drafting of the new Rent Bill for Delhi [...] Continue Reading »
According to a senior official of the Delhi Development Authority (DDA), the deadline for the submission of applications for the Authority’s Housing Scheme 2014 may be extended. The DDA had launched the Housing Scheme 2014 on September 1. The scheme was initially scheduled to end on September 30, but that deadline was extended till October [...] Continue Reading »
On Sunday, over 150 home-buyers of Uni-tech Residences flats staged a peaceful protest against the delay in the possession of their flats. The flats at the Uni-tech residences project were scheduled to be delivered by the developer, Uni-tech, by 2011 end. With only 22 flats having been handed over by Uni-tech so far, and with [...] Continue Reading »
With a Bandra-based builder – Innovative Construction Pvt Ltd – allegedly excavating of a portion of the Worli Hill, residents have expressed the concern that the move will apparently pose a risk to the Brihanmumbai Municipal Corporation’s (BMC) existing 22 million litre capacity reservoir atop the hill. According to the Worli Hill residents, a compound [...] Continue Reading »
The Hospitality chain The Best Western Group last day made an announcement that the opening of a budget property Ashoka Hitec City that is going to be coming up in the IT hub of Hyderabad. Gaurav Sarin who is the Associate Vice President, Business Development Best Western India, said, that Hyderabad is rich in Indian [...] Continue Reading »
During a recent address at the inaugural session of the Conference on Real Estate organized by CII and CREDAI NCR, Karan Bir Singh Sidhu – Joint Secretary of the Union Ministry of Housing and Urban Poverty Alleviation – said that realty growth in the National Capital Region (NCR) will largely be revived as a result [...] Continue Reading »
With effect from October 2, 2014, the toll tax at all five entry-exit points of Mumbai will be hiked by up to nearly 20 percent. The move will likely harm the Congress and the NCP in the assembly polls. With regard to the imminent increase in toll rates, officials have revealed that the revised toll [...] Continue Reading »
The Delhi government is mulling a proposal to provide a direct link between Lutyens Delhi and the Indira Gandhi International Airport (IGIA). This proposal is being considered keeping in mind the increasing traffic volume on the route over the years. A lot of traffic from the VIP area moves towards the airport and vice-versa, leading [...] Continue Reading »
