Cities
With the help of H(west) Federation the unauthorised mushrooming of 300 shanties in Bandra Reclamation within a fortnight has been reached to to CM. This new slum is located behind Nargis Dutt Nagar slum and the flyover that connects the Sea Link to the Western Express Highway. The Brihanmumbai Municipal Corporation (BMC) is planning to [...] Continue Reading »
Hyderabad- According to Greater Hyderabad Municipal Corporation (GHMC) officials, the work of Metro rial on the Chaderghat-Malakpet stretch will hopefully start soon. The Chaderghat-Malakpet stretch falls on the LB Nagar-Miyapur corridor (Corridor Number 1). On December 20, the corporation started removing properties in Hyderabad which mainly comprised of commercial property. For this purpose, corporation already marked the area to be demolished [...] Continue Reading »
Faridabad is growing at a rapid pace and is among the fastest growing realty destinations in NCR area. Increased demand for residential property has pushed the property market and transactions have increased by manifold in the area. Availability of homes at affordable rates along with improved infrastructure have resulted in property prices to go up [...] Continue Reading »
Following complaints from the residents of the proximity of cell towers to their buildings, the telecom operators in the city have removed 86 cell towers from the top of the buildings. According to sources, 61 base trans-receiver stations (BTSs) in the city were flouting radiation levels of 450 milli watts per square metre. The civic body [...] Continue Reading »
According to a survey, India ‘s most expensive office space in New Delhi (Connaught Place – CBD ) moved from 9 th position to 5 th position. Where as, Mumbai’s CBD – Nariman Point which was at 20th position until July has now gone to 25th position. Mumbai’s commercial real estate continues to fall further. [...] Continue Reading »
Chennai- Jawaharlal Nehru National Urban Renewal Mission (JNNURM) will soon launch a new project in the western part of Chennai. This effort by JNNURM is taken to alleviate flood in areas located downstream of Korattur lake. The residents of Chennai are surprised and happy too because the streets here get flooded every monsoon. Due to undefined [...] Continue Reading »
Bangalore – The proposed high-speed rail link to the Bangalore International Airport from the MG Road has been put to pause for long. The project, proposed in 2007, was estimated to include a budget of Rs 4,000 crore. The high-speed rail connectivity from the airport to MG Road was considered to be the only alternative [...] Continue Reading »
The Pimpri Chinchwad Municipal Corporation (PCMC) is ready to start the local body tax (LBT) though it has not yet got green signal from the state government. They are preparing a report about the merits and demerits of the LBT and a game plan to implement the tax. The report will be ready and submitted [...] Continue Reading »
The pending work of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) projects need to be completed before March 2014 and the deadline has been set by the Union government. The JNNURM projects were expected to get completed by March 2012 but due to delay in the construction work, the deadline has been extended. In a [...] Continue Reading »
Bangalore- Shriram Group’s real estate arm, Shriram Properties, is planning to raise fund of Rs 300 crore from private equity firms for specific projects. ASK Property Investment Advisors has recently funded Rs 100 crore to Shriram. But the realtor has said that it is looking to raise more funds. Shriram currently has a huge land [...] Continue Reading »
