Cities
In the BMC’s (Bombay Municipal Corporation) standing committee, meeting proposals of worth Rs 3000 crore, or 10 percent of its annual budget were passed by the authority in the last 4 days. This is close to 40 percent of the 110 tenders approved on the agenda. According to BMC, cost of 75 percent proposals are [...] Continue Reading »
To make way for a new elevated corridor from Chalukya Hotel Circle to Hebbal junction, Bangalore Development Authority (BDA) has decided to demolish the existing flyover opposite its head office on Sankey road. After the end of Lok Sabha elections and getting clearance from state government this project is expected begin. It was told by a senior [...] Continue Reading »
The 3,000 sq ft apartment in Maker Towers B was put up for auction following insolvency proceedings against a city businessman who owned the flat that sold for Rs 1.01 lakh per sq ft. The prominent businessman outbid others at a public auction in the Bombay high court on Tuesday with his offer of Rs [...] Continue Reading »
In respect of the property at Block No.48 in the Diplomatic Enclave at Sardar Patel Marg in Delhi, Urban Development Ministry today “strongly denied any wrongdoing” The UD Ministry had Okayed the construction of high-rise luxury flats near Rashtrapati Bhawan on Sardar Patel Marg despite objections from several agencies, according to media reports; including Intelligence [...] Continue Reading »
It seems some good time is in store for labourers of Punjab as a long wait of more than four decades seems to be ending for homeless farm labourers of the state with the government, bowing to the persistent struggle and protests from farmer outfits, started giving possession of 5-marla (125 sq yards) plots to them in Kili Nihal [...] Continue Reading »
Speaking on the recently demolished building which was co-owned by senior deputy mayor Yashpal Batra who was present at Gurgaon MP Rao Inderjit Singh’s induction ceremony on joining BJP, MCG chief Praveen Kumar said that there was no political motivation behind the action. Kumar is also said to be a relative of the Haryana CM, [...] Continue Reading »
Shortage of funds has made it difficult to start with the conservation process of 16 unprotected monuments. With no government instated in Delhi currently, officials say clearances for Phase II of the project—conceived by Delhi government’s archaeological department and Indian National Trust for Art and Cultural Heritage (Intach)—could take several months. Meanwhile, there have been [...] Continue Reading »
Realtors in the city are a happy lot, due to political ambiguity in the state ending with the Centre’s move to bifurcate the state. Hyderabad will once again emerge as an investment destination which will lead to an uptick in real estate prices, according to realtors believes. At the ongoing Property Show-2014 organised by the [...] Continue Reading »
Some of the main reasons for fall in revenue collections in the National Capital are Spiraling cost of properties, high inflation rate, and worrisome slump in the economy owing to recession. This has resulted in buyers, especially from middle class, preferring NCR regions. The middle class are making a beeline to own property in the [...] Continue Reading »
For property owners in Kharadi in East Pune or Baner in West Pune, there is a good reason to cheer. The rentals in these locations have gone up by 28-31 per cent in the last two years. According to a survey, 82 per cent of home-buyers consider investing and staying near their work place or [...] Continue Reading »
