Realty News
The setting up of an integrated textiles park (ITP) has been proposed in Mayurbhanj district in Odisha. The textile park – which will give a notable boost to the state’s textile sector – has been proposed under the Scheme for Integrated Textiles Park (SITP) of Union ministry of Textiles. About the proposal for the ITP [...] Continue Reading »
During the course of an Assocham event held in New Delhi on Wednesday, Warehousing Development and Regulatory Authority (WDRA) Chairman Dinesh Rai said that the cost of land is one of the main constraints for the warehousing sector in India. Asserting that other logistic costs are also significant for India’s unorganized warehousing sector, Rai said it is pertinent [...] Continue Reading »
Bangalore is apparently set to benefit from the NDA government 2014-15 fiscal budget, especially when it comes to the government’s noteworthy focus on getting the ‘smart cities’ project implemented enthusiastically by developing 100 smart cities. That the Budget is a good sop for Bangalore is evident from the fact that the one of the country’s [...] Continue Reading »
Presenting the Budget 2014-15 on Thursday, Union Finance Minister Arun Jaitley announced a number of steps which will fast-track infrastructure projects being developed via public-private partnership (PPP) process. Giving infrastructure in PPP a notable push in the Budget, Jaitley drew attention to the fact that PPP has effectively delivered iconic infrastructure – including highways, ports [...] Continue Reading »
In a noteworthy announcement made by Finance Minister Arun Jaitley during the course of his Budget speech on Thursday, ‘slum development’ will henceforth be treated as one of the Corporate Social Responsibility (CSR) activities. The Finance Minister’s move to include ‘slum development’ as a CSR activity will essentially work as a supplement to the ongoing [...] Continue Reading »
With the Budget 2014-15, Finance Minister Arun Jaitley has pressed the acceleration pedal for the ‘infrastructure development’ in the country. Against the backdrop of the fact that slow approvals, disputes and scandals have dealt a severe blow to infrastructure development in the past, the NDA government has announced new initiatives for developing smart cities, airports [...] Continue Reading »
On Wednesday, a bench of the Delhi High Court reserved its order on maintainability of a PIL against Vadra firms. The PIL chiefly seeks a court-monitored investigation by the Central Bureau of Investigation (CBI) into the land deals allegedly signed by Robert Vadra firms in Gurgaon. With no notice having been issued by the High [...] Continue Reading »
An e-registration project for registering properties is set to be launched by Inspector General of Registration and Controller of Stamps (IGR) in Pune. The project is scheduled to be lunched on Thursday, July 10, by Balasaheb Thorat – Maharashtra’s Revenue Minister – at Nanded city project. About the launch of online registration project for property [...] Continue Reading »
A senior official of South Central Railway (SCR) has revealed that the process of acquisition of land for the proposed Kazipet wagon project has started. Land is being acquired for the wagon manufacturing unit proposed at Kazipet in the Warangal district of Telangana. According to the information shared by SCR General Manager P K Srivastava, [...] Continue Reading »
With delays in delivery of housing projects in Thane on the increase of late, home buyers are in a fix about whether or not to make property investments in the area. The delay in delivery of projects is quite apparent from the fact that property experts, developers and brokers have acknowledged that the number of [...] Continue Reading »
