Cities
A bid to rein in the TRS government that had threatened to create many hurdles for the Hyderabad Metro Rail project, the Centre summoned the Telengana chief secretary Rajiv Sharma for a special meeting in Delhi this Friday. In the meeting the representatives of the concession partner Larson & Toubro and other authorities of Hyderabad [...] Continue Reading »
In a report released on Sunday, global property consultant DTZ said that the April-June 2014 quarter witnessed an 11 percent year-on-year increase in office space absorption in Delhi-NCR. As a result of the increase, office space absorption in the Delhi-NCR region touched 1.38 million sq ft during the reporting quarter. However, as per the DTZ [...] Continue Reading »
Fortis Healthcare has revealed in a recent announcement that efforts are underway to set up three new Fortis Healthcare hospitals in 2014. These hospitals will be set up in Bangalore, Ludhiana, and Chennai. The announcement made with regard to the setting up of new hospitals came during the recent inauguration of the Oncology Institute of [...] Continue Reading »
In a move which will be widely welcomed by the investors in Hyderabad, the Project Monitoring Group (PMG) said in an announcement made on Friday that environmental clearances will be issued online in a few weeks. According to the PMG’s announcement, ‘green’ permits in Hyderabad will go online in less than one month from now. [...] Continue Reading »
The L&T Hyderabad Metro rail project has successfully erected the 1,000th viaduct span and completed work on 27 km of metro viaduct in barely 20 months — thereby setting a new construction record! The noteworthy milestone was recently achieved by the Hyderabad Metro rail project when the 1,000th viaduct span was erected. The erection of [...] Continue Reading »
The Tamil Nadu Government has been thinking about the setting up of a monorail project for easing the public transport in Coimbatore. This is the second project in the State the first one was planned in Chennai. This 43.5 km monorail project is structured as two projects with two lines. The transport department also planned [...] Continue Reading »
The Ambattur micro market house which is situated in the north-west of Chennai has a number of small scale units and manufacturing facilities. The Ambattur industrial estate consists of many units. The units include textile, chemical and automobile companies. This is one of the chief industrial belts in the city that houses so many manufacturing [...] Continue Reading »
Apparently the increasing property prices in Delhi are finally looking like to have hit a plain. The National Housing Bank’s property price index shows that there has been a decrement of 1.5 percent in the residential property prices in the city during the January-March 2014 quarter as compared to previous year. The Residex of NHB, [...] Continue Reading »
The Noida Authority on Thursday has removed the unauthorized structures at a commercial complex in the city. The civic authority has taken action following the repeated complaints by the shop owners who stated that the structures were a threat to the building. The structures could have caused further mishaps if steps were not taken. The [...] Continue Reading »
With the Prime Sristi multi-storey residential project at Moulivakkam – on the western outskirts of Chennai – having collapsed last month, more than 55 flat buyers have come together to form the ‘Moulivakkam Trust Heights Affected Flat Buyers Association,’ in an attempt to get their money back. The Prime Sristi project was to comprise two [...] Continue Reading »
