Realty News
In what marks the latest development in the multi-crore land scam in Greater Noida, seven more officials were suspended by the Uttar Pradesh government on Monday. The suspension of seven officials is linked to the Rs 350-crore scam in which land records were distorted in villages in the Yamuna Expressway vicinity, in an alleged attempt [...] Continue Reading »
In Gurgaon, infrastructure projects worth Rs 24 crore were cleared by the MCG’s Finance Committee – headed by Mayor Vimal Yadav – on Monday. In addition to giving clearance to infrastructure projects, the committee also gave the green signal to the process of inviting tenders for the projects costing Rs 5 crore. The committee also [...] Continue Reading »
With Reliance Infrastructure Ltd and Mumbai Metro One Pvt Ltd (MMOPL) having put forth a proposal for the reduction of Mumbai Metro fares, the Bombay High Court has accepted the proposal. Reliance Infrastructure – which is the chief partner of the consortium that floated MMOPL which operates Metro – and MMOPL had put forth the proposal [...] Continue Reading »
The Odisha government’s Information and Technology (IT) department has requested the Centre to grant the State six new STPI (Software Technology Parks of India) units. The State currently has four STPI centres which are located at Bhubaneswar, Berhampur, Rourkela and Balasore. The six locations which the Odisha Government has suggested for the new STPI units [...] Continue Reading »
After ruling India for more than 200 years, the East India Company (EIC) is heading back to India again. It had come to India for trade, and had brought in the British to rule the land before the Independence movement started and they had to leave in 1947. However this time they are not coming [...] Continue Reading »
Getamber Anand the president (elect) of CREDAI and the CMD of ATS group stated that CREDAI (The confederation of Real Estate Developers’ Association of India) has sent a proposal to finance and urban development ministries to fulfil the long lasting demands of the real estate sector. Due to poor policies and economic downturn globally, the [...] Continue Reading »
There was a lot of opposition when the FDI (Foreign Direct Investment) bill was presented in the Parliament during the UPA regime. Within a month of taking charge, the new government has sent out strong signals of its commitment to easing the rules for FDI. The government wants to ease the entry barriers into defence, [...] Continue Reading »
Finance minister Arun Jaitley and his UK counterpart George Osborne on Tuesday agreed on a Pound one billion line of credit for infrastructure project developers in India. This line of credit will be available to those developers who are keen to avail credit for importing inputs from UK at competitive rates. A joint India-UK statement [...] Continue Reading »
It seems the post-independence moves taken by then P.M Jawaharlal Nehru to start the IITs (Indian Institute of Technology) and thereafter other governments helping to open more engineering colleges are showing the true colours now. India has been a chosen destination for the IT companies and the industry speculates that another google or facebook can [...] Continue Reading »
India Inc. is waiting for the maiden budget of the Modi Government to be presented on July 10, with a bated breath. The realty sector which is reeling under the pressure of debt and sluggish demands is waiting for the some of their long-awaited demands to come to reality and give a turnaround to the sector. [...] Continue Reading »
