Cities
SP Tulsian of sptulsian.com says that If one takes the previous 12 month scenario, in Delhi NCR, the situation has not been really very good. The off take has been very poor; there have been no new launches. On the other hand in Mumbai the price reduction or fall in the prices at least in [...] Continue Reading »
In the first quarter of 2014, Office space leasing in the Delhi-NCR region jumped more than three times to nearly 1.5 million sq ft. The prime reason for the increase is due to higher absorption by IT firms in Gurgaon, says a report by property consultant Cushman & Wakefield. Cushman & Wakefield in its latest [...] Continue Reading »
The absence of government in Delhi has slowed down a lot of projects. Several development projects, which require constant direction, coordination and monitoring, have slowed down. The capital is being governed under the Lieutenant Governor who has taken control of the day-to-day affairs. Some of the projects that have been affected are Construction of flyovers [...] Continue Reading »
On April 21, The Supreme Court will hear the petition filed by Ideal Road Builders (IRB) to withdraw the temporary stay granted by Bombay high court (HC) to the city’s toll collection. Justice A S Oka and Justice M H Sonak headed an HC division bench had during a joint hearing of public interest litigations [...] Continue Reading »
The developers in Pune are not deterred by economic slowdown and high interest rates. They are launching a series of projects in high-end, aspirational and affordable housing categories. Mayank Ruia, head of residential business at Phoenix Mills said that the fact that the city is a hub for investment and industry makes it one of [...] Continue Reading »
For the inordinate land acquisition delays of Kochi Metro, who’s to blame? As the agencies involved in the procedure such as the revenue department and the Delhi Metro Rail Corporation (DMRC) are blaming each other for the cause, the latter has already gone on record about the project going well beyond the December 2016 deadline. [...] Continue Reading »
The recent episode, where two of the Supertech’s towers were sealed over violation of rules, has left a dent in the brand. The company may have to cut prices, since sales are expected to decline. It can be learnt from the company’s website that it has 40 ongoing projects worth Rs 14,000 crore, at Gurgaon, [...] Continue Reading »
Gujarat high court stayed Dharmdev Infrastructure Ltd from doing any construction on the land of the Musa Suhag graveyard in Shahibaug and has also send notice to Ahmedabad Sunni Muslim Waqf Committee, Gujarat State Waqf Board, district collector, AMC and revenue officials. A request has come to HC by Petitioner Munsafkhan Pathan to direct the [...] Continue Reading »
The Delhi Metro Rail Corporation (DMRC) for the first time in Delhi Metro’s history has constructed an elevated track segment over another operational elevated segment, at a record height of 21 metres above the ground. Anuj Dayal, chief spokesperson (DMRC), said this is for the first of its kind crossover at Karkarduma, and he also [...] Continue Reading »
Eye-Q, eye-care chain, is planning to become a strong specialty hospital chain with 130-centres, by aggressively adding about 100 centres over the next four years, up from 34 centres presently. Ajay Sharma, Founder and Chairman and Managing Director of Eye-Q told sources, In the near future the specialty hospital chain, which started in 2007, intends to [...] Continue Reading »
