Cities
Bangalore- Whitefield and outer ring road, particularly the stretch of K R Puram-Marathahalli- Sarjapur Road, are emerging as the top commercial real estate destinations of the city, reports Jones Lang LaSalle India. The Central Business District (CBD), Koramangala and Bannerghatta Road mostly remained stable throughout 2012. Owing to fast developing IT corridors of Bangalore, adequate [...] Continue Reading »
Chennai- Larsen & Toubro, India’s top construction company, has secured several new orders worth Rs 1002 crore from various business segments. L&T has won orders from both domestic and international market worth Rs 742 crore. Tamil Nadu Transmission Corporation has given an order for constructing a 400/230-110 kV AIS substation at Kayathar, Tirunelveli and a [...] Continue Reading »
Kozhikode- Kerela State electricity Board (KSEB) is now becoming strict with rules of consumption of power by charging penalty for consuming power above 300 units per month. The household consumers are now striving to limit their power consumption every day. Penalty charged will be double the normal tariff for every unit exceeding the proposed limit. Residents of [...] Continue Reading »
Indian real estate is witnessing a tough competition both internally and externally. Foreign retail players are rushing to step in the Indian realty sector and at the same time, the domestic real estate developers are trying to reach out to them. The domestic retail developers reported that they are trying to build the retail chains [...] Continue Reading »
Before selling the flats, the builder had assured the flat owners that they will be provided water, but the builder failed to keep the promise and the flat owners are facing acute water shortage. Pune Forum for Flat Owners is to send a notice to the Pune Municipal Corporation (PMC) addressing the water crisis. The [...] Continue Reading »
Chandigarh- The residents of Chandigarh will soon enjoy optimum facilities of two more commercial centres of the likes of Sector 17 in sectors 34 and 43. The proposed sub-city centres are not big as sector 17 of Chandigarh. The plot allotment for the two sub-city centres will initiate in 2013. It is assumed that if this plan go [...] Continue Reading »
Over 400 files were missing related to construction projects in the city. Most of these files relate to controversial projects which came to light after some activists and people investigating illegalities sought them under the Right To Information Act. Some months after filing their applications, they received replies saying the files could not be found. [...] Continue Reading »
The government of Maharastra has made a proposal to revamp 202 chawls of the erstwhile Bombay Development Directorate, spread across 91 acres in South Mumbai . The chawls will be constructed on 15 million sq ft of floor space index or about 20 mn sq ft of saleable area. The project will be developed by [...] Continue Reading »
Kochi- The process of land acquisition for Kochi Metro has gained speed. An amount of Rs 46 crore is given to the district administration by Kochi Metro Rail Ltd (KMRL) for land acquisition and rehabilitation. District administration has taken steps in this case. The fund will be used to pay the owners of the land who have agreed [...] Continue Reading »
Chennai- Chief Minister J. Jayalalithaa has announced several new projects that will be taken up in the state. A budget of Rs 323 crore has been set aside for constructing subways and over bridges in eight districts and many other infrastructural developmental works to be carried on. Over bridges and underpasses will be constructed at [...] Continue Reading »
