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Realty News

Pune: Sinhagad Road area witnessing high residential development

Pune: Sinhagad Road area witnessing high residential development
With the demand for multi-storey apartments witnessing a notable increase across Pune, high residential developments are coming up in a big way on the Sinhagad Road, which is located in the peripheral area of the city. According to the statistics shared by known property portal, a total of nearly 22 new high-rise residential projects are [...] Continue Reading »

New board to plan resettlement of ‘land acquisition displaced’ families

New board to plan resettlement of ‘land acquisition displaced’ families
The Union government apparently has efforts underway to set up an all-powerful specialized agency which will shoulder the responsibility of planning resettlement as well as rehabilitation of families displaced by land acquisition. According to unidentified sources familiar with the matter, the new board to be set up by the government to chart out resettlement and [...] Continue Reading »

Delhi declares 1km ESZ limit around Asola sanctuary

Delhi declares 1km ESZ limit around Asola sanctuary
In a move which implies that the sole wild patch in the concrete jungles of Delhi and Faridabad may not get adequate protection, the Delhi government has recently declared only a 1km limit for the eco-sensitive zone (ESZ) around Asola wildlife sanctuary on the Delhi side. No ESZ with regard to the area around the [...] Continue Reading »

CAG: Sheila govt spent Rs 3,029-cr on piecemeal development in illegal colonies

CAG: Sheila govt spent Rs 3,029-cr on piecemeal development in illegal colonies
In an earlier-this-month report released by the Comptroller & Auditor General (C&G), the Sheila Dikshit-led Congress government was criticized for spending hundreds of crores on piecemeal development in illegal colonies in Delhi. In its report for FY 2012-13, the CAG asserted that, up to March 2013, the Delhi government spent a whopping amount of Rs [...] Continue Reading »

Delhi: New action plan to regularize illegal colonies before polls

Delhi: New action plan to regularize illegal colonies before polls
At a meeting held in New Delhi on Tuesday, the Union Urban Development Ministry and Delhi government decided to work out an action plan, with new guidelines, for the regularization of all illegal colonies in the city. The task will be accomplished over the next few months, ahead of the assembly polls in Delhi. The [...] Continue Reading »

World Bank’s arm IFC to invest on creating jobs

World Bank’s arm IFC to invest on creating jobs
The World Bank’s arm International Finance Corporation (IFC) will invest $ 21 million in India’s SAMHI Hotels by way of convertible debentures with the focus to create jobs, promote energy efficiency infrastructure. IFC, a member of the World Bank Group, is investing $ 21 million in SAMHI Hotels through compulsorily convertible debentures. The investment will [...] Continue Reading »

Smartphone Apps are going viral with the real estate developers

Smartphone Apps are going viral with the real estate developers
Smart phones have become a way of life for not only the youngsters, but the business houses too are targeting the prospective buyers using various apps. With more people socialising online than with people next door, builders are launching apps that try to connect you with your neighbours. This trend sounds funny but is true. [...] Continue Reading »

Pilanji Gaon, the only “village” in the New Delhi assembly needs makeover

Pilanji Gaon, the only “village” in the New Delhi assembly needs makeover
If a city needs to develop properly, then there should be a planned growth. Else over a period of time, everything goes haywire, and the urbanisation shows more scars than beauty spots. Such is the story of the Pilanji Gaon in Delhi. Behind the bustling Dilli Haat at INA, and in the heart of the [...] Continue Reading »

Gehlot’s housing scheme in Rajasthan suspended

Gehlot’s housing scheme in Rajasthan suspended
Rajasthan Chief Minister Vasundhara Raje has suspended Mukhyamantri Gramin BPL Awas Yojana which was one of the pet projects of the previous Congress government in the state. The ministry has cited the reason behind suspending this as fiscal prudence. This scheme was introduced in 2011 and it aimed at providing 6.80 lakh dwelling units to [...] Continue Reading »

10km elevated of toll free road project to commence in Ghaziabad shortly

10km elevated of toll free road project to commence in Ghaziabad shortly
Ghaziabad on Wednesday bagged a project which is termed as a part of the infrastructure initiatives taken by the UP government. It is a Rs 1,125crore elevated road stretching across 10kms, joining Raj Nagar Extension to NH-24. It is expected to cut the driving time between the two points to 10 minutes. At present, the drive [...] Continue Reading »



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