Realty News
Statutory authority that has been setting audit standards in order to keep an eye on the Inc costs recorded in India has been accused of gold plating its own costs. One of the magistrate courts in Pune on the 19th of July has ordered the Maharashtra police to register a formal complaint for completing land [...] Continue Reading »
Spending of construction cess collected by States continues to be lower than the expected amount. According to the Labour Ministry, 35 States and Union territories together collected Rs 14,099 crore up to March 31, 2014. This was collected as a cess for the construction workers’ welfare, but used only Rs 2,382 crore. However Kerala once [...] Continue Reading »
The top and mid-tier infrastructure firms are looking to hire senior executives, after a slump in hiring for the last 2 years due to the economic slowdown. These companies are looking at the ways to reduce debt, turn around projects and win new ones from an expected pick-up in infrastructure growth. There is a positive Modinomics playing [...] Continue Reading »
The Delhi Development Authority’s 2014 housing scheme will be tabled in DDA’s meeting, chaired by Lt-Governor Najeeb Jung, for clearance on Thursday. Several new clauses have been included in the scheme, which will be the biggest housing scheme to be launched by the DDA in the capital. If the scheme is approved, sale of brochures [...] Continue Reading »
The rejects call for 80 percent reservation of flats for people living in Delhi in 2014 Housing Scheme by The Delhi Development Authority (DDA) on Thursday rejected the proposal of allowing around 80 percent reservation of flats for the residents in the upcoming 2014 Housing Scheme. While the final date of launching the scheme will [...] Continue Reading »
During the inauguration of the connecting bridge between Sampige Metro station and Mantri Square Mall on Wednesday, BMRCL Managing Director Pradeep Singh Kharola said that this station is one of the most successful examples of Public Private Partnership (PPP) model and it would be replicated in other stations as well in the Namma Metro Phase [...] Continue Reading »
Home-buyers, who have invested in various projects by the Jaypee Group, on Thursday threatened to stage a protest next week against the developer for not delivering their flats on time. The homebuyers said that they would first try to meet the Jaypee management on August 30. And, if their grievances are not redressed, then they [...] Continue Reading »
The new project is aimed at not only providing information to consumers but also to keep tabs on the working of valve men who play a major role in supplying water. The Board has tied up with Next Drop Smart Water System Pvt Ltd to execute the project. According to the plan, all the valve [...] Continue Reading »
Four RWAs — Mayfield Gardens, Parasvnath Exotica, Uppal’s Southend and Ardee City-I — have come down heavily on the senior town planner for not carrying out on-spot inspections, despite several requests and even an order from deputy commissioner Shekhar Vidhyarthi no difference was created in the situation. In a meeting with the RWAs last month, [...] Continue Reading »
Residential property prices in India have a lot of scope for reduction as supplies are sufficient, a top RBI official said on Wednesday. SS Mundra the deputy governor of Reserve Bank of India stated that he believe there’s enough scope for housing prices to come down from the higher perch because of huge inventory piled [...] Continue Reading »
