Cities
The real estate industry in India is going through the phase of transformation. During 2013, the real estate market remained constant in major Indian cities. In Bangalore, the real estate market remained stagnant as compared to its adjoining cities. It is expected that the real estate market will gain its momentum in 2014. A Silver [...] Continue Reading »
The state forest department has told the Bombay High Court that because of illegal construction in Thane district the ecosystem in and around the area is getting damaged. The report on violations in the narrow belt of the mangroves on the west of the Mumbai-Ahmedabad Highway which is submitted by the N Vasudevan who is [...] Continue Reading »
The Udyog Vihar’s industrial association has currently introduced a drive to get more plot owners to apply for official conveyance deeds on their purchase. According to the members of the Udyog Vihar Chamber of Industries, many businessmen do not have conveyance deeds because they have never applied for it even after making full payments. An association [...] Continue Reading »
Delhi’s last marshland of 20 acers is under threat because of construction of new flats and shopping complex. The site is located at Dheerpur in north Delhi, close to the Yamuna, where the government has sanctioned to construct 5,000 flats, shopping complexes and other facilities for Delhi Police officers. Environmentalists have raised the voice against [...] Continue Reading »
After sites, it’s now the turn of flats to become costly. The Bangalore Development Authority (BDA) has hiked the prices of flats by almost 100%-200%, which is being held responsible for crushing the dreams of the common man to buy their own home in city. BDA is planning to sell its 2BHK flats of its [...] Continue Reading »
The nine-member committee constituted by the cabinet secretary of the Punjab and Haryana High Court articulated displeasure with looking for shifting of the grenades dump at Gurgaon and Faridabad. As per the division bench of Chief Justice Sanjay Kishan Kaul and Justice Arun Palli the committee should be made in the name of Municipal Commissioner [...] Continue Reading »
Unfinished JW Marriott Hotel in the city are being pulled down by the City builder Ceebros which have been bought for 480 crore last year from Hyderabad-based Viceroy Hotels. The hospitality sector in Chennai is going through a serious disaster with low occupancy in most five-star hotels, due to this reason Viceroy Group sold the [...] Continue Reading »
Recently, in a conclave held in the city, speakers highlighted that the master plans for Bangalore are just decorative documents with little significance or people connect. PN Sreenivasachari, principal secretary of the transport department on damning previous comprehensive development plans (CDPs) drawn up by the BDA said, there is no idea that all are being [...] Continue Reading »
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
DLF is coming up with Prime Towers in south Delhi in Okhla, with a target to bring in a new classification to the commercial-cum-retail space in the capital. The completely air-conditioned and vast eight storey commercial space of area approximately 1.95 hectares, is suitable for investors, retail brands, MNCs and bank. The main tower is [...] Continue Reading »
