Cities
Infinite India Investment Management has invested $13 million through its realty fund Infinite India Real Estate Fund in a residential project in Pune. The Pune project will be developed by Kumar Urban Development Ltd. At present the developer is constructing 12 residential project in Pune along with five residential projects in Mumbai. The developer is [...] Continue Reading »
Sunshine, a Real Estate company in Noida has launched Sunshine Business Park, a high-end luxury commercial project in Sector 94, Noida. This project will be constructed with the green building concept. More than 500,000 sq ft of commercial space spread over 21 floors will be constructed in the project. Apart from modular office, and showroom [...] Continue Reading »
The private equity firm of Anand Rathi Financial Services and Knight Frank India are planning to raise Rs 500 crore for the real estate industry in India. The two organizations planned to raise the funds from the internal domestic market. They are not going to the foreign investors for the fund raising program. The organization [...] Continue Reading »
The state government has handed over about 90% of the land required for the construction of the Metro railway in Hyderabad. The construction company Larsen and Toubro Ltd (L&T) will construct the entire project in a phased manner in the next five years. The total estimated cost of the construction will be Rs 16,375 crore. [...] Continue Reading »
The Delhi government has planned to construct eight new hospital in the city. This move will enhance the healthcare infrastructure of the city. Five projects will be done in Burari, Madipur, Siraspur, Hastsal and Ambedkar Nagar while two other will be constructed in Sarita Vihar and Pooth Khurd. A 750-bedded hospital is also being set [...] Continue Reading »
The civic conditions has turned so worse that there is no such area or locality in Bangalore which is free from irregular garbage collection or illegal dumping. Dumping garbage in vacant plot or sites is one of the common problem faced especially by the residents staying at developing areas in the city. To prove the [...] Continue Reading »
National Highway Authority of India has awarded the construction of the six-laning project of Vadodara-Surat section of NH-8 to HCC Concessions Ltd. The estimated cost of the project is approximately Rs 800 crore. The entire construction will be completed in a period of 30 months. This infrastructure development work will facilitate the city life of [...] Continue Reading »
Traffic congestion was at peak on Tuesday with the heavy rain lashed in Bangalore city. Several localities in Bangalore was plunged into darkness due to heavy downpour. The Bruhat Bangalore Mahanagara Palike (BBMP) sources on Tuesday said to have received many complaints. The prolonged electricity cut left the residents spend time in dark along with [...] Continue Reading »
The Delhi Metro Rail Corporation requested the District Collector to speed up land acquisition for starting the construction work of the four bridges for the proposed Moolampilly-Chathanad four-lane road. According to a higher official of DMRC, the construction of the bridges are likely to start in a month. The requisite fund for the project and [...] Continue Reading »
Construction of affordable housing in Delhi will be prioritized by the State Government. In a press meet, the Chief minister of Delhi said that the labour class and the economically weaker sections are the ‘catalyst of Growth’. The Delhi government has provided a sum of Rs 800 crore to the Delhi Construction Workers Welfare Fund, [...] Continue Reading »
