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Realty News

Southern States and Union Territories are ahead in Urbanisation

Southern States and Union Territories are ahead in Urbanisation
The country’s urbanisation is being kept in mind by the Southern states of India and the Union Territories. The urban population of India has increased by around 27.80 percent from the total population in 2001 to around 31.10 percent in the year 2011. The information was provided by Urban Development Minister, M Venkaiah Naidu during [...] Continue Reading »

Leasing of office space to start from 2015

Leasing of office space to start from 2015
Property consultant, CBRE stated that the leasing activity for official purposes is being expected to see any rise until next year however the sentiments of people involved in the real estate sector is seeing improvement. However the market representatives hope that by the start of next year the prospect in this market will improve in [...] Continue Reading »

Business personnel favour Singapore for their overseas growth

Business personnel favour Singapore for their overseas growth
The Indian companies favour Singapore as a wonderful destination for growing their business. The aforesaid was said by news channel as found out by a survey. The survey that was conducted said that around 41 percent of the people who participated in the survey happen to like the market in Singapore as that enhanced their [...] Continue Reading »

BRICS leaders approve formation of BRICS Bank

BRICS leaders approve formation of BRICS Bank
During the course of their meeting in Brazil on Tuesday, the leaders of the BRICS countries – Brazil, Russia, India, China, and South Africa – gave their approval to the formation of the BRICS Bank. It was back in 2011-12 that India – during its chairmanship of the BRICS grouping – had floated the idea of [...] Continue Reading »

‘Formal approval’ granted to 43 SEZ developers may be cancelled

‘Formal approval’ granted to 43 SEZ developers may be cancelled
According to a recommendation of the Development Commissioners of Special Economic Zones (SEZs), the ‘formal approval’ granted to 43 SEZ developers should be cancelled. The SEZ developers whose approvals may be cancelled include the likes of Reliance Infocom Infrastructure, Emaar MGF Land Ltd., GVK Perambalur SEZ, Essel Infraprojects, Jindal Photo Ltd, Deccan Infrastructure and Land [...] Continue Reading »

Rs. 566-cr sanctioned by Delhi govt for setting up 700-bed hospital in Dwarka

Rs. 566-cr sanctioned by Delhi govt for setting up 700-bed hospital in Dwarka
On Wednesday, an amount of Rs 566 crore was sanctioned by the Delhi government for the setting up of the Indira Gandhi Hospital in Dwarka. The hospital will have 700-bed capacity. About the benefits of setting up the 700-bed hospital in Dwarka, Arun Baroka – Principal Secretary (PWD) – said that the hospital will cater [...] Continue Reading »

Adani Group granted clearances for Mundra SEZ

Adani Group granted clearances for Mundra SEZ
Environment and other coastal clearances have been granted to Adani Ports and Special Economic Zone (APSEZ) for its special economic zone (SEZ) to be spread across an 8,481-hectare area in Mundra — a project which had been halted because approvals were pending for the last many years. With environmental and coastal regulator zone (CRZ) clearances [...] Continue Reading »

Kochi Metro to sign term loan agreement with Canara Bank for Rs 1,170-cr

Kochi Metro to sign term loan agreement with Canara Bank for Rs 1,170-cr
In a Wednesday press release, Kochi Metro Rail Ltd (KMRL) has revealed that it will sign a term loan agreement with Canara Bank in Kochi on July 20. The KMRL-Canara bank loan agreement will be signed for an amount of Rs 1,170 crore. The term of the loan will be 19.5 years, with a 7-year [...] Continue Reading »

Gowda questioned on the vast repository of vacant land owned by the Railways

Gowda questioned on the vast repository of vacant land owned by the Railways
The Railway minister DV Sadananda Gowda while answering to a question in Parliament mentioned that the Indian Railways is sitting on a vacant land bank of 47,336 hectare and 942 hectare under encroachment out of a total land area of 4,57,689 hectare. The vacant land is mostly in the form of narrow strips along tracks. [...] Continue Reading »

Indira Awaas Yojana taking shape

Indira Awaas Yojana taking shape
The Prime Minister Narendra Modi vision of housing with water, electricity and toilets for all the Indians over the next eight years is taking shape. The rural development ministry is revamping the rural housing scheme and is drawing a road map to implement it in “mission mode”. This is in sync with Modi’s dream of [...] Continue Reading »



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