Realty News
Another case of benami transaction has been detected in the region of Solan, where a Faridabad resident bought a 110-bigha land in Kandaghat tehsil through the cash given to him by a Delhi-based company. Investigations conducted by the police revealed that Laxmi Ram Sharma was an agriculturist from the state of Himachal, but was residing [...] Continue Reading »
Since the past five years the infrastructure sector has seen the fortunes of decline precipitously but the burgeoning debt, stalled power projects and falling stock prices haven’t diminished at all GM Rao’s enthusiasm for improving his company’s management systems. Even as he douses the fires that still continue to spring up occasionally in various rooms [...] Continue Reading »
Ratan Tata’s raging comment on West Bengal’s industrial scene triggered an all out attack by the Trinamool Congress (TMC) leaders on Thursday, with state finance minister Amit Mitra even saying that the Tata Group chairman emeritus has completely lost his mind. Last Wednesday, Tata had said that he couldn’t see any industrial development during his [...] Continue Reading »
To fast-track the Rs 700 crore Night Safari project in Gautam Budh Nagar, the Greater Noida Authority has decided to depend in a consultant to handle the environment impact assessment (EIA) of the project. The EIA consultant, to be appointed by the first week of September, will be responsible for obtaining the necessary environment clearances [...] Continue Reading »
There is some good news for India as a nation which has been struggling with illiteracy and basic education problems post-independence. Mortgage lender HDFC Ltd has announced its foray into the education sector by launching The HDFC School. The school is being set up by a trust with the management services being provided by HDFC [...] Continue Reading »
The Delhi Development Authority (DDA) is going to hold a draw of the lots for the remaining 744 applicants of the 33-year-old Rohini scheme which had been delayed for a long time. The process has drawn flak from other applicants who have been ‘allotted’ plots but are yet to get possession. Nearly around 82,384 applicants [...] Continue Reading »
Spelling to the relief to those living in rented accommodations in the capital, Delhi Development Authority (DDA) has said it is looking at reserving 80 percent of the flats under Housing Scheme 2014 for Delhi residents only. This essentially means that people who are living in Noida, Gurgaon and other satellite cities can only be [...] Continue Reading »
In a relief to former chief minister Ashok Chavan, the Bombay high court on Thursday stayed the trial court proceedings against him in the Adarsh housing case. However Justice Sadhana Jadhav stated that the trial against the other 12 people chargesheeted by the CBI would continue. The order came in a revision petition filed by [...] Continue Reading »
The term ‘garage start-up’ that was etched in IT folklore by the humble beginnings of Microsoft and Apple, is acquiring a whole new meaning in Noida. If you have recently moved to Noida, are single and looking for affordable accommodation, and the first place you could be shown is not a studio apartment, but a [...] Continue Reading »
From the 632 shops in the several shopping complexes constructed by DDA, many have remained unsold for almost 20 years, Union Urban Development minister M Venkaiah Naidu informed the Lok Sabha on Wednesday. These include 298 shops in general category (east zone has 111, south zone has 47, west zone has 140) which have remained vacant [...] Continue Reading »
