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Realty News

Start up companies is banking on innovations

Start up companies is banking on innovations
Nimble start – ups are known for using the innovation to identify, and fill, gaps in different sectors. Some of their few fledgling Indian companies that hope to redefine the real estate space are Building portable living spaces whose entrepreneur is Nilesh Jadhav in the Firm Annan Infrastructure Pvt. Ltd which was set up in: [...] Continue Reading »

Dilapidated buildings in UP to be used for construction of government official flats

Dilapidated buildings in UP to be used for construction of government official flats
The UP government has decided to use the wearied out buildings and unused space on the premises of Darul Shafa, the MLA quarters in order to construct 40 new Type V high-end flats for the senior government officials and ministers. The government also has decided during Tuesday’s cabinet meet, to give twice the circle rate [...] Continue Reading »

Gurgaon Budget prepared last Wednesday

Gurgaon Budget prepared last Wednesday
The 2014 to 2015 Budget of the Municipal Corporation of Gurgaon was finally tabled last Wednesday amidst the existing unrest amongst ward councillors. Of the overall budget, which is around Rs 889 crore, Rs 500 crore has been set aside solely for infrastructural projects like underpasses, flyovers, roads and bridges while Rs 70 crore has [...] Continue Reading »

PM might lay foundation stone of metro project on 21st August

PM might lay foundation stone of metro project on 21st August
Prime Minister Narendra Modi is likely to visit the city on August 21, and may lay the foundation stone for the ambitious metro rail project. He seems to have agreed for his maiden visit to Vidarbha as a PM for a couple of programmes at Tuljapur and Deoli in Wardha district. S tate BJP president [...] Continue Reading »

Amma theatres to come up in Chennai

Amma theatres to come up in Chennai
Within the end of the year, you might find yourself walking into one of the now unused buildings in your neighbourhood to watch a movie. The Corporation officials have identified land and buildings in several neighbourhoods to set up air-conditioned Amma theatres that will offer tickets at less than 25 which are very cheap as [...] Continue Reading »

NMDC proposes to use abandoned ArcelorMittal land for Odisha steel project

NMDC proposes to use abandoned ArcelorMittal land for Odisha steel project
Sources close to the proceedings at NMDC Ltd have revealed that the Central government undertaking has put forth a proposal for using the government land earmarked for the abandoned ArcelorMittal project for constructing its proposed steel plant. According to the details shared by the sources, NMDC is currently holding discussions with Odisha Industrial Infrastructure Development Corporation (Idco) [...] Continue Reading »

PMO asks Environment Ministry to relax norms for road project clearances

PMO asks Environment Ministry to relax norms for road project clearances
The clauses in the relevant laws for accelerating clearances for road projects will apparently be relaxed by the Environment Ministry, on the instructions of the Prime Minister’s Office (PMO). The PMO has also told the Road Ministry an amendment can be made in the National Highways Act to ensure that the compensation given to the [...] Continue Reading »

Minister suggests PPP model for developing Mangalore Airport

Minister suggests PPP model for developing Mangalore Airport
G M Siddeshwar, Union Minister of State for Civil Aviation, has put forth the suggestion to Karnataka Minister Roshan Baig and Mangalore South MLA J R Lobo to go in for the PPP model for the development of the Mangalore International Airport (MIA). The suggestion put forth by Siddeshwar is essentially rooted in the fact [...] Continue Reading »

HDFC has slashed home loan rate to 10.15% for new borrowers from Aug 1

HDFC has slashed home loan rate to 10.15% for new borrowers from Aug 1
Home loan rates have been cut by HDFC to 10.15 percent for new borrowers with effect from August 1, 2014. The new rates will be applicable for the loans of all new borrowers regardless of the loan amount. Going by the information obtained by Financial Chronicle, the scheme under which HDFC has slashed home loan [...] Continue Reading »

Plans Sanctioning to happen online

Plans Sanctioning to happen online
Months after scrapping the relaxation the previous Left Front government had given on land holdings beyond ceiling, the Mamata Banerjee government has taken a similar route to boost urban infrastructure. Another new decision has occurred as all building plans will be sanctioned online from now on. The government has come up with a policy for [...] Continue Reading »



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