Cities
In Kolkata on Friday July 18, the West Bengal IT Minister, Amit Mitra offered Nasscom a 10,000 square feet of “ready” space to set up its first incubator in the region. Mitra stated that this space has been allotted in the IT township of Sector V in Salt Lake. The space will be provided by [...] Continue Reading »
The government is considering a proposal to sell off the real estate owned by the sick public sector companies in Mumbai, Kolkata, Pune and Ahmedabad to state-owned National Buildings and Construction Corporation (NBCC Ltd). The government wants to sell off the housing dwellings owned by these loss making units before selling off the chronically loss-making [...] Continue Reading »
The strong and stable government at centre is ceasing to control over the policy problem that has crippled the Noida city and other real estate markets in India for a long one year, the investors who have shifted to Dubai for the better gains, have again started to come back and invest in Noida and [...] Continue Reading »
Last Thursday the high court in Bombay was told that the municipal commissioner Sitaram Kunte have not been taking right decisions on the proposals for redevelopment of the cessed buildings whose proposed heights are more than 24 metres in the Dadar and Matunga region despite the court’s order. The law and enforcement department has been [...] Continue Reading »
The Mumbai Transformation Support Unit or MTSU which is a state government think thank recommended for a fresh design to ease the traffic at the Haji Ali Junction and also on Peddar road which is an aerial north south connector. The aerial connector will be able to cut down the rise in traffic problems in [...] Continue Reading »
The move that could help in boosting the development in Maharashtra to help in conversion of agricultural lands in cities and townships into no agriculture land has been simplified in a state cabinet meeting. In the present provision the owners of the land will not need to take collect permission previously to convert their land [...] Continue Reading »
In Hyderabad, as many as 25 unauthorized structures have been demolished by the GHMC in the last two days. The demolished structures were among the 172 illegal structures which the GHMC has earlier identified in the city. According to the demolition-related details shared by the GHMC officials, 19 of the 25 structures demolished by the [...] Continue Reading »
Mumbai is one metro in India which does fairly good amount of rainwater harvesting and uses that water for commercial purposes. However the good news is that with Monsoon rains still scarce, the Municipal Corporation of Greater Mumbai (MCGM) has spared residents from further water cuts. The residents are rejoicing due to this move; however [...] Continue Reading »
There was a marginal decline in property prices across certain pockets in the National Capital Region (NCR) and Mumbai over the past 6-12 months; however it has failed to lure investors. Property sales in the quarter ended 30 June remained sluggish and the real estate sector is hoping that after the announcement of the union [...] Continue Reading »
The Union Government has asked the government of the newly-formed Telangana state to refrain from meddling with the design of the Hyderabad Metro Rail project. The Union Government’s advice to Telangana government comes against the backdrop of concerns raised by infrastructure firm L&T, which is executing the over Rs 16,000-crore project. In an announcement made [...] Continue Reading »
