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HMDA starts auction of 42 plots

HMDA starts auction of 42 plots
Auctions taken up recently by government agencies – the A.P. Housing Board and Hyderabad Metropolitan Development Authority (HMDA) included 42 plots in the city and the suburbs. As per plan, the HMDA has come up with a round of auctions that has placed the plots under the hammer and the civic body expects to raise [...] Continue Reading »

Bangalore declared drought-hit

Bangalore declared drought-hit
The state government on Saturday officially declared four taluks of the city – Bangalore North, Bangalore South, Bangalore East and Anekal – drought-hit areas. The reason behind is less humidity and rainfall recorded 33% less than normal. The administration plans to look into drinking water needs in core areas. Minister for Bangalore water supplies said [...] Continue Reading »

India’s water reservoirs at 19% of capacity

India’s water reservoirs at 19% of capacity
A government data shows that water levels in India’s main reservoirs have gone down to 19 percentage points which is less than percentage from previous year. It was at 24% last year. The latest level has improved only five percentage points, reflecting the poor monsoon this year. Recently, the government showed its concern over the [...] Continue Reading »

Home sales volume remain stable across cities

Home sales volume remain stable across cities
There may be good days in the offing as per real estate market in India is concerned. According to data from property research firm PropEquity, home sale volumes remained stable in the month of May in key cities across the country. Mumbai has seen slight increase and the sales have been moderate in Gurgaon. The [...] Continue Reading »

Haryana govt halts land acquisition process

Haryana govt halts land acquisition process
No process of land acquisition will take place in Rewari till judicial commission submits its report to the Haryana government regarding the violence occurred on July 22.  The violence occurred in a protest led by farmers against the land acquisition process. The judicial probe will be headed by a retired Justice of Punjab and Haryana [...] Continue Reading »

HC seeks report on fire safety at high-rise buildings

HC seeks report on fire safety at high-rise buildings
The Gujarat High Court has asked Ahmedabad Municipal Corporation (AMC) chief to inspect all 908 high rise buildings in the city for fire safety equipment, and submit a report before the court. According to statistics, there are 1232 high-rise buildings in the city and out of these, 907 do not have fire safety no objection certificate (NOC) from the fire department. [...] Continue Reading »

Slow construction at Buddha Park may affect tourism

Slow construction at Buddha Park may affect tourism
The construction work by tourism department at Buddha Theme Park and Lotus Park at Sarnath had not progressed since the last seven months. An international Buddhist conclave is to be held in Sarnath on September 29 and 30 with Buddhist scholars, devotees, tourists and other delegates arriving to the city. The only construction found at the [...] Continue Reading »

Two workers died, three injured in building collapse

Two workers died, three injured in building collapse
Two construction workers died in a building collapse incident and other three co-workers suffered injuries at the Kirti Nagar furniture market in West Delhi. Police said that the victims could not be identified. The injured were shifted to a Deen Dayal Upadhyay hospital for treatment. Preliminary investigation revealed that illegal construction was being carried out [...] Continue Reading »

Real Estate meet to be held in Bangalore

Real Estate meet to be held in Bangalore
Federation of Indian Chambers of Commerce & Industry (Ficci), is organising a day-long South Indian Real Estate Conference 2012, on August 3, 2012, at the Hotel ITC Windsor, in Bangalore. The meet will be held in the backdrop of the real estate sector witnessing tremendous growth in recent years and the prospect of the sector’s [...] Continue Reading »

Consumer forum directs developer to recompense buyer

Consumer forum directs developer to recompense buyer
Delhi district consumer forum came up to stand for the rights of a consumer and directed leading real estate company Unitech Ltd. to pay back the booking amount and also imposed a fine of Rs. 15,000 on the company. The complainant alleged that he had paid Rs. 6.5 lakh as an installment amount to the [...] Continue Reading »



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