Realty News
On Tuesday, August 12, Income Tax (IT) officials raided the premises of two leading realty developers across a total of 18 locations across Indore as well as Bhopal. The two builders whose premises were raided by the IT officials were Om Shanti builders and Regal Homes. The raids were carried out by the IT officials [...] Continue Reading »
The telecom business of the Realty firm Unitech has resulted in huge losses and the consolidated balance sheet of the company is appearing red. Unitech had partnered with Telenor Group which is a Norwegian multinational telecommunications company. They had launched telecom services under the brand name of Uninor which never could capture the market share. Realty [...] Continue Reading »
Due to an age of 117-year-old the business group with business interests ranging from processed food to property, the initial key to success lay in locks. After his initial business ventures failed the Ardeshir Godrej, a Parsi lawyer, set about making locks in 1897. The high-security Anchor locks had proved the popular, and laid the [...] Continue Reading »
The local self-government department (LSGD) here has directed all local bodies to maintain a register on constructions that violate building norms. The move is expected to curb the illegal construction activities within the limits of the local self-government bodies. The team of officials from the vigilance wing of LSGD had conducted site inspection across the [...] Continue Reading »
The two blocks where residents live comprising about 400 flats at Mantri Tranquil Apartments in Gubbalala near Uttarahalli, it is tranquillity lost for the last ten days as the Bangalore Electricity Supply Company (Bescom) has cut the power supply. The Bescom initiated the action following a letter from the Bruhat Bangalore Mahanagara Palike (BBMP) stating [...] 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 »
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 »
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 »
After the new government taking charge at the Centre and the investor-friendly announcements in its first budget, global investors have got interested in the Indian real estate market once again. Tod Lickerman, global chief executive officer of property consultancy DTZ, has said that there are a lot of people who have started talking about and [...] Continue Reading »
The Department of Commerce has initiated an exercise for standardization of procedures, harmonization of rules, formats and fees, and is undertaking a review of the issues relating to Human Resource Management (both SEZ and Customs), Vigilance mechanism, Grievance redressal and its monitoring in all Zones. Department of commerce is also making preparations for allowing online [...] Continue Reading »
