Cities
Real estate consultant KJ Singh said, “The mess that the real estate sector is in today will become worse if FSI is increased as the builder lobby has been asking for a higher FSI.” On a certain plot FSI is the total covered area on all floors of all buildings divided by the area of [...] Continue Reading »
There have been a lot of cases of cheating by Ghaziabad developers. Ghaziabad Development Authority has adopted a transparent route to educate investors by uploading a list of such builders on its official website. The website mentions layout plans have been cancelled by the Authority and sealed properties. List mentioning details of those developers who [...] Continue Reading »
The Union ministry of health and family welfare has approved setting up of a medical college at Puri. Setting up of four medical colleges at Balasore, Bolangir, Baripada and Koraput has already been approved by the government. The state government’s contribution would be 25 per cent and entre would give 75 per cent of the [...] Continue Reading »
Two meetings were to be held in March and April but were postponed due to intervention of PMO. The NCR Planning Board meeting is planned on Friday. Haryana government and the ministry of environment and forests are holding the first meeting on April 29 to work out the modalities for preparing the geo-reference of “forest [...] Continue Reading »
The forest department of Gautam Budh Nagar has submitted a proposal to fell around 3,000 trees in the Dadri region to the UP government for infrastructure works related to the Delhi-Mumbai industrial corridor (DMIC) project. The proposal has been sent to the UP forest department in Lucknow. As the forest land in the district will [...] Continue Reading »
Noida Authority has replied to an RTI that a large portion of grazing and forest land has been allotted to several developers in Noida. Construction is being carried out on these lands in various sectors in Noida. Diversion of grazing land and forest land for commercial purpose has been banned by the Supreme Court in [...] Continue Reading »
The government earned Rs 3,000 crore in the last financial year, while the expectations for revenue were around Rs. 3,800 crore. Faridabad, Sonepat, Ghaziabad, Gurgaon and Noida are offering much economical properties when compared to Delhi. The satellite towns have become popular for middle class buyers looking for buying properties in the NCR. The market [...] Continue Reading »
Santacruz-Chembur Link Road (SCLR), India’s first double-decker flyover, undertaken under the Mumbai Urban Transport Project (MUTP) of MMRDA, will give much-needed east-west connectivity in Mumbai. The 6.45 km six-lane road was thrown open to commuters last week, opening from Vakola Junction on Western Express Highway (WEH) and extending up to Amar Mahal Junction near the [...] Continue Reading »
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »
104 acre land near Shela village on the outskirts of Ahmedabad, has been sold off by Sahara Group to HN Safal Group at a throwaway price of Rs 600 crore. Initially Sahara had planned to build an Rs 450 crore township of 4,000 homes on the property located on outer SP Ring Road. The deal [...] Continue Reading »
