Cities
New Delhi- DLF, a leading real estate developer of India, has planned to reduce its debts by 50 percent over the next three years. It is likely to achieve this through sale of its non-core assets, fresh equity shares and improved cash flows. Last week, the top executives of DLF had a meeting wherein they [...] Continue Reading »
The demand for serviced apartments in Bangalore are increasing at a fast pace as it offer a wide range of services and amenities like kitchenettes, internet, cable and Wi-Fi connections and more for either short-term or long-term stays. It gives you the experience of staying at a home away from home. Rising costs and inflation [...] Continue Reading »
Hyderabad- The last contract of L&T Metro Rail of Hyderabad has been handed over to Samsung Data Systems India Private Limited. It is a Rs 200-crore contract for the Automatic Fare Collection (AFC) system for the metro. Samsung Data Systems India Private Limited is a subsidiary of Samsung SDS, Korea. This Korean company was selected [...] Continue Reading »
Delhi- Delhi is likely to grow vertically with a proposal made by an advisory committee saying that buildings in Delhi to be allowed to go up 2.5 metres higher than the existing limit of 15metres. During the mid-term review of the Master Plan, an advisory committee has recommended that buildings that have a provision of [...] Continue Reading »
With the increasing protests from the citizens of Maharashtra against new property tax system, a demand for a stay on the regime has now been made to the state government. Recently, Brihanmumbai Municipal Corporation (BMC) had introduced the new property tax system in the state, following which many protests were witnessed. A MP from North [...] Continue Reading »
The revised development plan which was suggested for old city by the elected members of Pune Municipal Corporation have to wait another month to see the light of the day. The civic body has claimed that it will take at least a month to publish and display the plan. Earlier, PMC had approved the development [...] Continue Reading »
Hyderabad- Saket Engineers are coming up with their new residential project named “Saket Bhu Sattva” located at Gowdavally in Hyderabad. Saket Bhu Sattva is spread across 66 acres offering 500 premium villas comprising of three aesthetically designed bedrooms. This project is just not a gated community but it is a complete ecosystem in itself. The project [...] Continue Reading »
Pune Municipal Corporation (PMC) has recently carried out a demolition drive of illegal constructions in the city. The illegal constructions were standing tall in KarveNagar, Warje, Wanowrie and Kondhwa in Pune. These buildings were spread across 40,000 square feet. The KarvenagarWarje ward office and the deputy commissioner office of Wanowrie and Kondhwa initiated the demolition [...] Continue Reading »
Kolkata- It is very much understood that property prices at peripheral areas running along metro network would increase. But some of the areas which are independent of suburban railway system like Uttarpara, Konnnagar, Sonarpur, Rajpur, etc are witnessing steady rise in property prices. Suburbs like Sonarpur and Rajapur are some hours drive away from Kolkata [...] Continue Reading »
Chennai – A survey was performed to find out the city with maximum number of online searches for luxury properties above Rs 1 crore. Chennai took the first place, followed by Delhi -NCR and the third position was occupied by Bangalore. This study was carried out on the basis of number of searches and visits [...] Continue Reading »
