Cities
Healthcare management and research has not grown substantially in India. However now there is some good news for the residents of Kolkata and the eastern zone of India. After opening campuses in Jaipur, Bangalore and New Delhi, the prestigious Indian Institute of Health Management Research (IIHMR), a globally-recognised entity in the health sector is pondering [...] Continue Reading »
The financial capital of India Mumbai has seen a sharp increase of 35.2% in the land for residential development in the last two years. Bangalore is the close second with 26.1% and NCR third with 24.9% growth in the same index of land price appreciation. Global consultancy firm Knight Frank’s Prime Asia Development Land Index report has revealed [...] Continue Reading »
The Maharashtra government is considering awarding higher Floor Space Index (FSI) for cluster development in Mumbai, and may announce a re-development policy soon. This might boost re-development of derelict buildings in the city. The index is the ratio of a building’s total floor area to the size of the piece of land upon which it [...] Continue Reading »
The Confederation of Indian Industry (CII) and JLL India have recently released a five-year price analysis of residential real estate market across 11 cities. The CII and JLL India report, released on Friday, showed that the residential markets which have witnessed the highest percentage of home price increase in India – during the years from [...] Continue Reading »
It seems that there is Saturn hovering on the Mumbai Metro Project. UPS Madan the metropolitan commissioner of MMRDA (Mumbai Metropolitan Region Development Authority) mentioned that they have decided to challenge a single-bench order of the Bombay High Court on the Mumbai Metro fares in front of a division bench. The recently commissioned Mumbai Metro has [...] Continue Reading »
With the National Green Tribunal (NGT) having banned construction work in the ecologically sensitive zone within the 10km periphery of the Okhla Bird Sanctuary, uncertainty surrounds the affected realty projects in Noida; and realty buyers and investors in the mentioned region are incurring losses on their investments. The NGT’s order to stall construction in the [...] Continue Reading »
The Sinclair Hotels headquartered in Kolkata which are also being funded partly by the Xander Group have finally decided to come up with a business hotel at New Town, Kolkata. This hotel will have around 114 rooms. Another tourist resort will be developed in Burdwan and a suite and luxury resort at Kalimpong. This one [...] Continue Reading »
Ozone Group is coming up with a project for mixed-use called Metrozone, which is located at Anna Nagar in Chennai. The Blackstone Group LP is said to have made an investment of Rs 175 crore in the residential component of this project. This news didn’t come as a surprise after Ozone Group made several investments [...] Continue Reading »
The state-run Mumbai Port 142 years old, and is in dire need of a revival. Shipping minister Nitin Gadkari said that a committee has been set up to utilize the 1,800 acres of land it owns. The committee will function under the leadership of Rani Jadhav, former chairperson of the Mumbai Port Trust. They are [...] Continue Reading »
One of the fast-growing Noida realty developers, Horizon Concept Pvt. Ltd, is set to launch an awesome and mesmeric 5-star hotel in Greater Noida’s Orrizonte mixed-use commercial project. The new hotel project will be the third project to be initiated by the Horizon Concept. For the project, Horizon Concept has partnered with India’s well-known hotel [...] Continue Reading »
