Realty News
Analysts suggest that it is really tough to find any fault in the Economic Survey which is putting emphasis on restarting stopped infrastructure projects. This would make it easier for different developers to either enter or exit a particular project. However the analysts also state that they would rather like to wait for specific details [...] Continue Reading »
The Economic Survey for 2013-14 stated that bad roads would mean a cut down on toll rates of that particular road. The survey spoke about the necessity to better contract mechanisms so that lower toll rates can be applied in situations where users do not get the required quality of service. Abiding by international practice, [...] Continue Reading »
Emergence of new players in the Indian civil aviation sector, like AirAsia India and Tata-Singapore International Airlines has shown signs of growth in the sector after long period of troubles. However the domestic passenger traffic that has been encountered in Indian airports has grown only by 5.2 percent in 2013-14. The growth though minimal is [...] Continue Reading »
As per the Economic Survey report, fresh investments have slowed down in SEZs in the recent years. The report has urged the government to give clear signal to revive the special economic zones (SEZ). The SEZs were major export and manufacturing hubs, and every company wanted to open their units in SEZs. However in the recent [...] Continue Reading »
In order to spark economic growth the government has announced that they will set up 16 national investment and manufacturing zones or NIMZs. The proposal to set up 16 NIMZs has been under the national manufacturing policy. The policy has been chalked out in a way such that it would help in increasing the share [...] Continue Reading »
Supreme Court’s recent observation has come out as a silver lining for the residents of Worli’s Campa Cola Compound. However expertise in legal departments has turned out cautious as they worry this might pave the path for the regularization of built unauthorized floors of different compound buildings. The Supreme Court had passed an order in [...] Continue Reading »
With controversy surrounding the allotment of flats in economically weaker sections (EWS) and low-income group (LIG) categories by the Ghaziabad Development Authority (GDA), the officials of the authority have revealed that a fresh lottery will be conducted to allot the flats. The move implies that the Ghaziabad Development Authority (GDA) does not plan to carry [...] Continue Reading »
In an FIR lodged on Tuesday in connection with the Greater Noida land scam, 18 people have been named for allegedly fudging land and land compensation records to carry out the Rs 350-crore scam. The people who have been named in the FIR include 10 officials of the land consolidation department, including the deputy director, [...] Continue Reading »
The Ministry of Environment and Forests (MoEF) and the UP government will together decide the outline of the eco-sensitive area around the Okhla Bird Sanctuary. The impending decision of the MoEF and the UP government with regard to outlining the 10km eco-sensitive zone in the periphery of the Okhla Bird Sanctuary will have an impact [...] Continue Reading »
Nagpur Municipal Corporation (NMC) has recently voiced its intention of executing a four- or five-fold increase in the building plan sanction charges vis-a-vis the current charges. The NMC’s proposal to hike the building plan sanction charges by 4 to 5 times the existing charges comes at a time when the Central government is increasing prices [...] Continue Reading »
