Cities
India Green Reality which happens to be a group of builders based in the city of Kolkata has come up with a resort project in the Birbhum district of West Bengal. This will be located at Shantiniketan. The urban ways of life shall be mixed with the global design standards. This vital piece of information [...] Continue Reading »
Private equity (PE) firm ASK Group made a handsome profit in a Pune residential project, developed by realty player Darode Jog Properties. The Darode Jog Properties investment made in Livano was made over a phased manner between September 2010 and March 2011 and the amount of investment was 37 Crores. This deal was closed for [...] Continue Reading »
The growth story has been very lukewarm in the once capital of British Raaj Kolkata. Very few new establishments were constructed and very few new companies had started their operations in Kolkata and West Bengal. However TMC (Trinamool Congress) leader and West Bengal C.M Mamata Banerjee has written to the Union health minister Harsh Vardhan, [...] Continue Reading »
Yamuna Expressway Industrial Development Authority (YEIDA) has been allotting apartments in three affordable residential complexes since January 2014. The three complexes together encompass an expansive land area of approximately 65 acres. According to the information shared by YEIDA officials, the three environment-friendly affordable housing complexes comprise a total of 8,220 ‘green’ apartments, the possession of [...] Continue Reading »
A star-rated international business class hotel will be set up in the sprawling premises of Kochi Infopark; thanks to a lease agreement signed by Infopark and Brigade Group. Under the lease agreement, Infopark has leased 97 cents of its land to Brigade Group for a period of 90 years. The deal between Kochi Infopark and [...] Continue Reading »
Maharashtra’s third biggest city, Nashik, is apparently losing its importance as a centre for manufacturing. With some of the existing industries in Nashik – which marks India’s 11th most populous district – pulling out of the city of late, two bigwig companies to have recently announced their plans to exit Nashik include Indian engineering biggie Larsen and Toubro (L&T) [...] Continue Reading »
According to reliable sources, around 11 floors were demolished by the Mumbai municipality’s special squad. These floors were found in a building named Deshabhiman in Siddharth Nagar. Located in the western region of Goregaon and 25 kilometres away from Campa Cola Complex at Worli, the process of destruction began this January. This happened hardly two [...] Continue Reading »
The Chennai Corporation has recently come up with a proposal which will widen over 10 roads which are congested. Some of them include Madras Race Club, Nelson Manickam Road, Santhome and Kodambakkam. This shall encourage the spirits of several commuters. The Corporation Council has decided to pass a total of 48 resolutions which includes several plans [...] Continue Reading »
The DDA on Thursday has come to a conclusion that it will close the gap between the interest which was charged from the allottees for payment which was neglected and that it will make payments to all those allottees that are running late in the delivering housing projects. There are quite a number of allottees [...] Continue Reading »
An allocation of Rs 7,500 crore is being sought by the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) in the Union Government’s Budget, for an ambitious experiment — three ‘smart city’ projects. The experiment for which the DMICDC is seeking the Rs 7,500-crore budget allocation will likely get the go-ahead from the Narendra Modi-led government which [...] Continue Reading »
