Cities
2013 has just began and Bangalore has started to feel the upbeat as North and East Bangalore is expected to see much real estate activity. In North and East Bangalore, many office spaces are coming up, the areas have good infrastructure with lot of land available. A higher official from Jones Lang LaSalle said that in terms [...] Continue Reading »
In coming months, HDFC property funds may sell its stake in three residential projects back to the developers. HDFC property fund is a real estate-focused private equity (PE) fund of HDFC. With an investment of around Rs 219 crores($40 million), the company will have profit of around Rs 600 crore ($110 million). The three developers include Lodha [...] Continue Reading »
New Delhi- With the Aadhar card becoming a major document, Chief Minister Sheila Dikshit wants the Aadhar card number on every individual’s university degrees and birth certificates. This proposal was declared on Thursday when Dikshit stated about the addition of the nine centrally-sponsored schemes which were related to the capital and the scheme of Aadhar enabled direct [...] Continue Reading »
Real estate projects near Juhu Airport are going to get affected as the Airport Authority of India (AAI) has hinted that it will not be shutting down the airport’s secondary runway. The authorities have also assured that the No Objection Certificates (NOC) that were given to 120 projects including high rise properties in Juhu will [...] Continue Reading »
New Delhi- With the recent appalling incident of the Delhi Gangrape, the CISF has imposed a hike of about 2500 percent as penalties for offences against women and criminal activities in Delhi metro. The current penalty for such crimes is Rs. 150-200 but the CISF wants it to be increased to Rs. 5,000. Owing to this, the [...] Continue Reading »
Real estate market is in great demand among the NRIs as they are keen in investing in properties in the homeland. As per the statistics, in the year of 2012, around 40% enquiries related to Delhi’s real estate was from the NRIs. NRIs are also looking into investing in commercial properties along with residential properties. [...] Continue Reading »
New Delhi- Due to grave monetary issues pertaining the Civic centre, the North and South Delhi Municipal Corporation is estranged. The corporation has demanded a whooping sum of Rs. 137 crore as rent for two years from the South Delhi Municipal Corporation (SDMC) for the usage of the civic centre. This decision was sought by the Standing [...] Continue Reading »
New Delhi- The Delhi Master plan 2021 will now include clinics for children with disabilities and individuals with special educational needs, closer to their home. At present the city does not have many such facilities in easy reach, perhaps the Master Plan can sufficiently cater to the needs. The clinics included in the Master Plan [...] Continue Reading »
Riding on Mumbai metro still looks like a dream as it won’t be ready by March 2013, announced by Maharashtra chief minister, Prithviraj Chavan. It was claimed that a part of the Versova-Andheri-Ghatkopar metro route would be thrown open to the public in March 2013. However, the ground level officials alleged that the time given [...] Continue Reading »
New Delhi- With the new parking policy with hiked fee, the residents in Delhi will have to shell out extra money very soon. The municipal corporations led by BJP has planned to double up the parking rates from Rs. 10 to Rs. 20 for three hours. This hike by the BJP was imposed despite giving [...] Continue Reading »
