Realty News
In an attempt to have the validity of the Tata Steel Special Economic Zone (SEZ) at Gopalpur extended by one year, the Odisha government plans to send its recommendation to development commissioner, Falta SEZ. According to the information shared by an unnamed senior official of the Odisha state industries department, the Chief Minister has given the [...] Continue Reading »
An investigation is being demanded by 432 investors from Delhi and NCR into what they allege is a multi-crore fraud involving a residential project in Gurgaon. The project in question is the Cosmos City complex in Sector 103, Gurgaon, on Dwarka Expressway. It was launched in 2011 by Adel Landmarks, a developer firm which was [...] Continue Reading »
On Thursday, the Delhi High Court asked the Lieutenant Governor (LG) to revisit the plan for commercialization and redevelopment project in Kidwai Nagar and South Extension-II. The LG has also been urged to analyze how the existing infrastructure will be affected by the project. The HC’s request to the LG to revisit the project plan [...] Continue Reading »
At a recently-held meeting, the Public Works Department (PWD) (B&R) Haryana, National Highway Authority of India (NHAI) and the Gurgaon district administration passed a proposal for the construction of a flyover at Hero Honda Chowk — a high-traffic junction along the Delhi-Jaipur Highway in Gurgaon. With the proposal for the flyover having finally been passed [...] Continue Reading »
For 11 of the 17 group housing plots which are on offer in Greater Noida, a total of 26 developers submitted their bids on Thursday. The bids will be opened after the technical papers have been scrutinized. The group housing scheme for plotted and flatted development was announced last month by the Greater Noida Authority [...] Continue Reading »
As many as 19 special teams have been constituted by the Chennai Metropolitan Development Authority (CMDA) to carry out an inspection of nearly 330 multi-storeyed buildings in the city. According to unidentified sources familiar with the move undertaken by the CMDA, each of the 19 special teams will have three officials from different fields. The [...] Continue Reading »
In response to the last-month allegations levelled by Opposition LDF in Kerala Assembly that there were infirmities in the environment and CRZ clearances granted by the Congress-led UDF regime to DLF’s multi-storeyed flats project in Kochi, the realty bigwig has said that the allegations are “baseless and unfounded.” DLF has hit back at the allegations of infirmities [...] Continue Reading »
The construction business of Larsen and Toubro (L&T) has recently won Rs 1,459-crore worth of orders. The information of the orders won by the L&T construction unit was given to the stock exchanges by the company on Thursday. In coincidence with the disclosure of the Rs 1,459-crore worth of orders won by L&T’s construction division, [...] Continue Reading »
The issue of land has slowly begun to assume importance, and may metamorphose into a hot topic in the present Indian scenario. The Telangana Government has appointed a Group of Ministers, which has Deputy Chief Minister T Rajaiah as its Chairman, to finalise the rules and regulations concerning aspects related to acquisition of land. The [...] Continue Reading »
In view of the increasing rate of building collapse incidents, Urban Development Minister M Venkaiah Naidu today spoke in favour of incorporating in the law certain provisions which would hold responsible officials concerned, when such accidents occurred due to negligence on their part. He spoke with reference to the cases in Delhi and Chennai. He [...] Continue Reading »
