Cities
Two years passed after the first meeting of the Master Plan Committee of Chandigarh. The preparation of the Master Plan was started after the Punjab and Haryana High Court directed the government about the same. The committee is running behind time. According to situation, by the time the Master Plan will comes out, the ground [...] Continue Reading »
As the real estate development and industrialization has reached to its saturation level in Mumbai and Pune, the industrial development in Nashik has started to speed up. The housing schemes of the Cidco (City and Industrial Development Corporation) of Maharashtra and the Maharashtra Housing and Area Development Authority (MHADA) also helps in the growth of [...] Continue Reading »
The Urban Development ministry has sanctioned a major residential-cum-commercial complex project at Mehrauli in South Delhi. 500 luxurious apartments will be constructed in the project by the National Buildings Construction Corporation (NBCC). The projected cost of all the apartments will be from 4 crore onwards. All modern amenities will be made available in the project. [...] Continue Reading »
With the order by the Supreme Court (SC), DLF builders stopped the construction of the Kalka-Pinjore Urban Complex. The villagers of Islamnagar files a special leave petition challenging the land acquisition. The Haryana Urban Development Authority (HUDA) also has to stop its construction activity on the same land in question. Earlier the high court had [...] Continue Reading »
The UP government will speed up the construction of another bridge over Ganga connecting Samneghat with Ramnagar. The construction of the bridge had started in January 2007. But after the change in the political scenario of the state, the construction work was halted. As the work is taken with urgency, the construction of wells for [...] Continue Reading »
The private equity fund ASK Property Investment planned to raise $ 250 -300 million fund for investing into real estate in India. The company has already set up the fund raising program for $ 40 million from its Singapore subsidiary. ASK property is constantly looking for investment opportunities in the domestic real estate markets. They [...] Continue Reading »
The cost of construction is increasing in Coimbatore. The increasing cost of construction material as well as the cost of labour has guided the rising curve for the properties in Coimbatore. Due to the scarcity of land the construction of the properties are moving towards the suburbs of the city. The cost of land in [...] Continue Reading »
The students come down for studies and work are preferring renting apartment in Bangalore rather than staying in a Paying Guest (PG) accommodation. Few years ago, PG was in high demand as students found it more affordable and comfortable to live in. However, with the time progressing it has been learnt that PG has transformed [...] Continue Reading »
The BEST, Power utility company in Mumbai announced its purchase of 300MW additional electricity from Indiabulls Power Ltd. With this deal BEST ensures regular power supply throughout Mumbai. The BEST experts from Mumbai say that the power they are purchasing will be good enough for next 25 years. With the launch of many malls and commercial [...] Continue Reading »
Normal and average ranged solutions seems not to end the water crisis in garden city, Bangalore! According to the recent water report, Bangalore stands highest with 50 percent of water leakage problems. This recent report is alarming the need of finding immediate water solutions in Bangalore. The water crisis has increased much that it demands [...] Continue Reading »
