Cities
This was much awaited, which the outgoing government couldn’t help with but the incoming government plans to spread its wings and spearhead the action. The BJP government lead by Narendra Modi is now ready to flush the old and bring in the new, and these would be steps that do not need approvals from anyone [...] Continue Reading »
The Royal Institution of Chartered Surveyors (RICS) have a warning for one and all, especially for those who want to have commercial establishments on rent. Sources from RICS have made it very clear to expect a hike in commercial rents from the next quarter on, thanks to the increase in demand for the same. Who [...] Continue Reading »
Once again the Pune Metro proposal is in the news, and this time because the newly elected MP, Anil Shirole wants a reverse gear to play. The newly elected MP now wants to undo what the outgoing Union government did and their decisions too. This would be on the lines of gifting the city with [...] Continue Reading »
With an aim to fast-track the work on much-hyped Navi Mumbai International Airport (NMIA) project, the City and Industrial Development Corporation (CIDCO) recently laid the foundation stone for the development of Pushpak Nagar (Dapoli). Spread across 220 ha, the area enjoys proximity to the airport with the NH-4B cutting across the landmass. Construction work is [...] Continue Reading »
Hilton Group apparently has plans underway to come up with a 5-star hotel in Ahmedabad. The reported move – based on a property under construction in the city – implies that Hilton Group will join some of the other well-known hotel brands in Ahmedabad including Hyatt, and Radisson Blu, Courtyard Marriott, and Novotel. The 5-star hotel coming [...] Continue Reading »
In an evident attempt to speed up the Kochi Metro work, the state government has efforts underway to ensure that the land required for the project is acquired in the next one month or so. With the owners of the project having directly issued guidelines – without the administrative sanction of the government -for the [...] Continue Reading »
The Kochi Corporation has directed Kochi Metro Rail Ltd (KMRL) to execute civic jobs or to adequately compensate the civic body for the land which is being acquired for the Metro project. Expressing its grouse about the allegedly inadequate compensation for the civic body’s land, the corporation said that it is willing to give land [...] Continue Reading »
In the opinion of the developers and builders in Pune, the weakening realty sector is apparently set for a much-needed turnaround, provided that the Narendra Modi-led new Government at the Centre announces some immediate policy moves. According to the Pune developers and builders, the most important expectations from the new Government are a lowering of [...] Continue Reading »
The Public Works Department (PWD) has recently placed a formal proposal before the Maharashtra state government for buying back 30 two-lane toll roads across the state. The toll roads which have been considered in the proposal essentially include those roads where only up to 3 years of toll collection have been left. If the ‘toll [...] Continue Reading »
Chennai Airport sources have revealed that the privatisation of the airport has been postponed till the new government – to be led by Narendra Modi – assumes office at the Centre. It was earlier being expected that the privatisation of the Chennai airport will likely be finalized in April; but the move was deferred by [...] Continue Reading »
