Cities
One of the senior town planners (STP) in Gurgaon has directed the developers of Orchid Petals apartments in Gurgaon to declare RWA elections. The RWA elections is kept pending since a year and now finally the elections are said to be slotted by May 4. The Orchid Infrastructure Developers Pvt. Ltd (OIDPL) has been directed [...] Continue Reading »
The commuters traveling via MG Road and Brigade Road in Bangalore were surprised to face roads flooded due to recent thundershowers. The commuters claim to have witnessed this situation never before with roads filled with water at Brigade Road, Commercial Street and Cubbon Road. Pointing this flooded situation at different localities in Bangalore, one of [...] Continue Reading »
The well known real estate developer House of Hiranandani having a land parcel of 140 acres in Bangalore and 110 acres in Chennai is right now planning to develop property. The Hiranandani top company executive say that they are planning to develop property understanding the property buyer’s preferences. The director at House of Hiranandani say [...] Continue Reading »
The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) will construct a 100 acre township in Noida. This will be the first project by HDIL outside Mumbai. In this township project both plots and villas will be sold. HDIL is aiming to launch new project to enhance the cash inflow which will help them to reduce the debt [...] Continue Reading »
The end users for properties in India who are purchasing their first house are looking for ready-to-occupy flats. In context with same, the chief executive officer of PropEquity say that ready-to-occupy flats will fetch lower returns on investment when compared to flats under construction. However, when considering flats under construction the concerns are many like; [...] Continue Reading »
The electricity bill tariffs might get high! The Delhi power regulator recently proposed differential tariffs on the occasion of announcing the second fuel adjustment surcharge payable to discoms. As the BSES Yamuna has been allowed to levy a fuel surcharge of 7 percent, the East Delhi residents will end up paying high power tariffs. Whereas, [...] Continue Reading »
The real estate builders in Mumbai have called off for strike and it is scheduled for May 3, 2012. The Builders Association of India along with the Maharashtra Chamber of Housing Industry and the Confederation of Real Estate Developers Association of India had called for strike protesting the delay in realty project approvals. According to [...] Continue Reading »
Vastushodh Gruhsandhi Yojana is launched by Vastushodh Projects in Pune to enhance the supply of affordable housing in Pune. Total cost of the project is estimated of Rs 225 crore. About 2400 residential units will be constructed in the project. The entire project will be developed in five different locations in the outskirt of Pune. [...] Continue Reading »
DLF will construct a 16-lane dedicated corridor which will connect the Gateway Tower to the Golf Course Road. At present the distance takes almost 30 minutes to travel. After the construction of the lane, 8.3 Km distance will be reduced to 2.2 Km and it will take only 7 minutes to travel. Almost 1.5 million [...] Continue Reading »
