Cities
Brihanmumbai Municipal Corporation (BMC), in response to the criticisms of its water billing system, is planning to make considerable changes in it to make the billing process for metered water connections and to make it a consumer-friendly process. The civic body has roped in engineers from the Indian Institute of Technology, Bombay, as advisors and [...] Continue Reading »
The Karnataka High Court has put its trust on independence of the Technical Vigilance Cell under the Commissioner (TVCC) of the Bruhat Bangalore Mahanagara Palike (BBMP) and directed the TVCC to submit a report within 45 days on the outcome of the ongoing scrutiny of civil works by BBMP in 25 zones. The order came [...] Continue Reading »
The country’s largest listed real estate company, DLF‘s shares increased by 1.2 percent of Rs 197 after a report that the company is selling its plot in Mumbai. The report said that the plot is being sold to Lodha group and a private equity company for Rs 2,800 crore. A report in Economic Times said [...] Continue Reading »
Godrej Properties, the real estate arm of Godrej Group has registered 70.64 per cent growth in consolidated net profit at Rs 17.15 crore for the quarter ended June 30 due to strong sales. The company had registered net profit of Rs 10.05 crore in the corresponding period last year. The firm’s total income grew by [...] Continue Reading »
With about 1,400 property owners resisting the acquisition of land, the execution of Hyderabad Metro Rail project is facing delay, according to Greater Hyderabad Municipal Corporation. The GHMC has so far managed to acquire 2,000 properties, but the corporation has to acquire 1,400 more properties. The Additional Commissioner (Planning), Mr K. Dhananjaya Reddy said that [...] Continue Reading »
The Comptroller and Auditor General of India (CAG) have indicated large-scale irregularities in implementation of road and drain related projects by the Bruhat Bengaluru Mahanagara Palike (BBMP). It indicted three MLAs of Bangalore city – two of the Congress and one BJP – for interfering estimates for road works to favour contractors. The report states [...] Continue Reading »
Even as the Central Public Works Department (CPWD) has proposed plots for construction of new Parliament House, government sources said that there was no plan to shift the parliament to a new building. Several MPs, including those from Congress and BJP have also indicated their opposition to shift Parliament to a new building. In a [...] Continue Reading »
The state government of Maharashtra finds itself in the midst of an all new challenge – considering the application of a construction firm to divert its prime property at Mulund from forest to non-forest area. Oberoi Realty Ltd made an application to the conservator of forests, Nagpur, to divert its 18-acre property on LBS Marg, [...] Continue Reading »
Realty firms 3C Company and Orris Infrastructure have announced joint development of a group housing project in Gurgaon. The project is named as ‘Greenopolis’ which will comprise of 2,317 housing units spreading across 47-acre. Orris Infrastructure would provide land, while development would be done by the 3C Company, which is known for green buildings. The [...] Continue Reading »
Road Transport and Highways Minister CP Joshi has said that route identification for the ambitious 265 km Delhi-Jaipur Expressway has been completed. The Indira Gandhi International Airport would be the starting point from the national capital for the expressway. Real estate hubs would be developed alongside the expressway, he said adding that discussions are on [...] Continue Reading »
