Cities
New Delhi- In a recent survey, about 82 percent of the public transport vehicles in Delhi have been plying without fitness certificates. There are about 78 percent who have not procured fitness certificates and are functioning without any pollution certificates as well. These violations came into light when the prominent incident of Delhi gang rape took place [...] Continue Reading »
Delhi-NCR- In an assumption concerning the trifurcation of Municipal Corporation of Delhi, the people of Delhi are expected to pay a heavy price. The East Corporation in the month of December proposed its budget with a slew of new taxes with a raise in property tax as well as parking fees. As per an official, the raise [...] Continue Reading »
Delhi-NCR- The hike in property price in Delhi-NCR has not stopped the property sales as it is believed that the year 2013 will improve the realty sector due to the high demand and possible reduction in key policy rates. Most developers feel that despite the increased demand for the residential properties in Delhi-NCR region, the prices [...] Continue Reading »
Delhi NCR is not only rising in residential projects but it has emerged as a hot property place for IT and IT-enabled services industry with many large companies setting up their businesses here. Noida and Gurgaon are becoming the hot and preferred destination for companies like IT’s, BPO, BTO and KPO services in various domains [...] Continue Reading »
New Delhi- The recent norms imposed by the environment ministry pertaining the green clearances has been quite a menace to the highway developments projects. Owing to this, the National Highways Authority of India (NHAI) has approached the Supreme Court. The NHAI requested the Supreme Court for a clarification/modification which was declared in the year 2011 which further [...] Continue Reading »
Legend Siroya Realtors, formerly known as Siroya Developers having 60 projects to their credit in cities like Mumbai, Pune, Bangalore and Hyderabad, has come up with a brand new project in Mumbai called Marbella. The 38-villa project has been recently launched in Lonavala, Mumbai. The luxury township project will be constructed as per Spanish architecture [...] Continue Reading »
ICICI Venture, one of the largest private equity firms in the country, raised funds of $700 million in 2012. The PE firm successfully closed a $100-million (Rs 500 crore) second real estate fund, the India Advantage Fund Real Estate Series 2. And it managed to raise $700 million through its real estate and other funds. [...] Continue Reading »
Ahmedabad- In a recent launch, the upcoming International Financial Services Centre, the Gujarat International Finance-Tech City which is located in Gandhinagar will be investing a whooping sum of Rs. 2000 crore for a year. This investment by GIFT is done to set up the infrastructure. The Gujarat government is planning to hardshell GIFT in the financial sector from India [...] Continue Reading »
Bruhat Bangalore Mahanagara Palike (BBMP) started eviction drive at Ejipura quarters near the National Games Village in Koramangala. The slum dwellers will be relocated temporarily at Iggalur in Anekal taluk till the time the construction is completed. The BBMP carried out the drive and demolished 32 shanties. Later, each of the displaced families was given [...] Continue Reading »
New Delhi- A new survey will be conducted by the North Delhi Municipal Corporation (NDMC) in order to increase the number of properties under tax net. However, the deliberative wing of the civic body is not in favour to increase property taxes due to political compulsion factors. The corporation is further planning of alternatives which can fetch maximum number [...] Continue Reading »
