Cities
After corporators demanding new age mobile phones and insurance cover, the recent demand from a corporator has asked the Brihanmumbai Municipal Corporation (BMC) to make office spaces for all city corporators available. Samita Naik, Maharashtra Navnirman Sena (MNS) corporator from ward 202 has suggested that the corporation provide space for members on civic plots in [...] Continue Reading »
Criticizing Brihanmumbai Municipal Corporation (BMC) passing a proposal to chop down 481 tress for a housing project in Goregaon (E), BJP corporators have accused the civic administration of giving in to pressure from the developer and walked out of a general body meeting. The BJP has raised doubts over transplanted trees as a solution to [...] Continue Reading »
Healthcare solutions provider e-Kshema has set up 18 affordable health kiosks in Bangalore. On the backdrop of rising dengue and malaria cases, it comes as a reprieve to the population belonging to low income section. These kiosks are set to provide medical check-ups including tests for just Rs.120. The facilities include general check-up of body [...] Continue Reading »
According to a report by Fitch Ratings, the real estate sector in India is to face a negative outlook in the second half (H2) of this year. The grim prediction is mainly due to sluggish demand, high construction costs and liquidity pressures. The sluggish demand is not expected to change over few months as RBI’s [...] Continue Reading »
The Haryana Urban Development Authority (Huda) began re-carpeting of Gurgaon city roads after rains had caused waterlogging and potholes on the city roads. The impact of rains on the city roads, including those carpeted a couple of months ago, has been highlighted in the press and the authority has promptly reacted to the matter. The [...] Continue Reading »
Gurgaon Citizens Council (GCC) held a meeting on Sunday. The main orientation of the meeting was to discuss the issue of bringing private areas under the purview of the Municipal Corporation of Gurgaon (MCG). Representatives from various Resident Welfare Associations (RWA) demanded a democratically elected municipality to ensure transparency in governance and better management of civic [...] Continue Reading »
Sources reveal that even after a year is passed of the report on flyovers and bridges were submitted to the Greater Hyderabad Municipal Corporation (GHMC), the civic body has not yet taken up any initiative to address the repairs needed. The condition of nearly 40 flyovers, rail over bridges (ROBs) and other bridges and suggested [...] Continue Reading »
After the Cushman & Wakefield report on national retail real estate market observing a deferment of more than 30 percent of retail mall space against the projected supply for the first half (H1) of 2012, there are speculations about the backdrop of the situation. The National Capital Region (NCR) has seen the highest mall supply [...] Continue Reading »
The National Highways Authority of India (NHAI) has told the Delhi High Court that its board would consider reaching an out-of-court settlement to solve its differences with Delhi-Gurgaon Super Connectivity Ltd (DGSCL), the concessionaire operating the Delhi-Gurgaon Expressway. NHAI board has decided to hold a meeting on August 13 to consider the suggestions to settle [...] Continue Reading »
The slowdown in the Indian realty sector has been reflected in the books of DLF, the largest player in the segment. The net profit of DLF, India’s largest real estate company, fell 18 per cent to Rs 292 crore for the quarter ended June. The dip is quite huge compared to Rs 358 crore for [...] Continue Reading »
