Cities
A newly built luxurious apartment by the Providence Builders and developers was inaugurated in Bejai, Mangalore, on Saturday July 14. The apartment is named Providence Abode-2 developed by Providence, promoted by two young entrepreneurs who have an experience of over a decade in building quality homes, apartments and layouts. A formal stage programme was also [...] Continue Reading »
In a case involving residents caught between the civic body and the builder, the residents of Green Heritage society at Kharghar in Navi Mumbai were in shock as portion of their society has been ordered to be demolished by the civic authorities. The authorities have issued notice to vacate the premises to facilitate the demolition [...] Continue Reading »
A construction worker died and other two co-workers suffered injuries in a wall-collapse incident at an under-construction commercial complex near 80 Feet Road, Indiranagar. Mohammad Ashrab Ali, 19 died, while Ali Zaheer-ul, 30, and Yasin Ahmed, 25 injured, were shifted to a nearby private hospital for treatment. The incident took place on vacant land near Tangaiah [...] Continue Reading »
Maharashtra state would bring a policy to re-develop dangerous and illegal constructions in the state said Chief Minister Prithviraj Chavan in a debate in the Legislative Assembly. There were 1,106 dangerous and 57 severely dangerous buildings in Thane and majority of these buildings are illegal structures, said Chavan. As per the Maharashtra Regional Town Planning [...] Continue Reading »
The Centre for Science and Environment (CSE) has suggested that treated sewage water to be used for construction activities. Gurgaon treats 137 million liters per day (MLD) of sewage every day, which is more than sufficient to meet the builders’ needs, the think tank has said. In the wake of the court order restraining issue [...] Continue Reading »
NCR Planning Board is all set to push the real estate prices in Greater Noida amid indications from developers that they would go for a price revision once the draft gets green signal the board. While the existing flat owners waiting for possession of properties remain unaffected, new buyers may have to pay at least [...] Continue Reading »
Old buildings in Patna town, which are on the verge of collapse, are posing threat to the public during monsoon. The Patna Municipal Corporation (PMC) in 2011, had identified 71 buildings as unsafe for living, said sources. The authorities had served notices on the dwellers, but they continue to live there as they have to [...] Continue Reading »
A memorandum of understanding (MoU) has been signed by realty major Godrej Properties (GPL) with Axis Bank to offer special home loan solutions for its customers. Under the agreement, GPL’s customers will get a home loan from Axis Bank after paying 10 per cent from their own resources as against the traditional 20 per cent. [...] Continue Reading »
Home buyers in Gurgaon are worried over the high court’s order of ban on issuing fresh licences to builders due to water scarcity in the city. Home buyers are apprehensive as the order might push the delivery deadlines and cause a hike in real estate projects. Property prices are likely to go up citing an [...] Continue Reading »
As suggested by the Centre, major states agreed to the plan of restructuring loan for power distribution companies (discoms) worth Rs 1.2 lakh crore, including revision of tariffs and roping in the private sector. The state government will take over half the short term outstanding loan after discoms issue bonds to lenders. The maturity of [...] Continue Reading »
