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Metro construction work started in full swing

Metro construction work started in full swing
The metro project was launched in May 2011 and the civic body is planning to complete the viaducts and stations by 2014 as there was a delay in the project by six months. The City and Industrial Development Corporation (Cidco) is constructing the metro rail project between Belapur and Pendhar. The civic body has started [...] Continue Reading »

Improvement in residential sales but dropdown in Q2 revenues

Improvement in residential sales but dropdown in Q2 revenues
 According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »

Heritage structures to get boost

Heritage structures to get boost
The heritage of Pune will be managed more professionally and will be restored as the Unesco-led Indian Heritage Cities Network (IHCN) and civic body has signed a memorandum of understanding (MoU). Sustainable socio-economic and cultural development of historic cities of India is taken care by the IHCN, who shares their experience .The Pune Municipal Corporation [...] Continue Reading »

Akharas protest delay in allotment of land

Akharas protest delay in allotment of land
Allahabad- Due to the delay in allotment of land sanctioned to Akharas, members of Akhara Parishad and saints of Juna Akhara lodged a protest to Mela officer on 11th December 2012. This allotted land was sanctioned to Mahamandaleshwar. With just one month left to Kumbh Mela, many such complains were also registered by members of Vaishnava saints too. [...] Continue Reading »

Co-op societies striclty asked not to sale land without permission by HC

Co-op societies striclty asked not to sale land without permission by HC
Delhi-NCR :  The new rule from the Delhi high court have restricted transfer and sale of plots by owners from housing societies. Soami Nagar cooperative house building society has recently been penalized by Justices Sanjay Kishan Kaul and Vipin Sanghi for the  sale of a plot by its member to an outsider. The society has [...] Continue Reading »

Pune witnesses increasing demand for student housing

Pune witnesses increasing demand for student housing
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »

Kohinoor Square to be operational by Dec 2013

Kohinoor Square to be operational by Dec 2013
Kohinoor Group has launched a high rise mixed use development project, Kohinoor Square which is spread across 4.8 acres and strategically located at Dadar. The project will be operational by December 2013. The project is well connected to Dadar railway station and is also very close to western and eastern expressways. The project is also [...] Continue Reading »

Jaipur emerges as an investment destination

Jaipur emerges as an investment destination
Jaipur- If you are planning to invest your money at right place, then Jaipur would be a great option for you. The city houses maximum number of upcoming residential projects compared to other upcoming small cities. It is thought that this city has great potential for price stability, demand growth and quality of infrastructure which is will soon [...] Continue Reading »

New land transfer policy for YEIDA

New land transfer policy for YEIDA
Delhi NCR : The land transfer policy of Yamuna Expressway Industrial Development Authority (YEIDA)  has been changed. Now the allottees are required to enter to “ agreement  to lease” with the authority in order to transfer their allotments. The new policy totally have replaced the old policy which stated , allotments could be transferred without [...] Continue Reading »

Usage of land creates confusion for UT

Usage of land creates confusion for UT
Chandigarh – The administration is currently in dilemma over the usage of 152 acre of land in Raipur Kalan which was kept for Industrial Area, Phase III. UT administration has stopped keeping land for industrial area and planning  to work on their master plan to introduce flattened factories concept in that area. According to recent survey [...] Continue Reading »



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