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Realty News

Punj Lloyd foray into Kuwait market with Rs 1,418-crore order

Punj Lloyd foray into Kuwait market with Rs 1,418-crore order
In a statement made on Tuesday, Delhi-based engineering and construction firm Punj Lloyd revealed that it is set to mark its foray in the Kuwait market. The firm said that Kuwait National Petroleum Company has given it an Rs 1,418-crore order for the overhaul of Ahmadi fuel depot. The Ahmadi fuel depot revamp project to be [...] Continue Reading »

Modi government blames the UPA government for the appalling condition of the road projects

Modi government blames the UPA government for the appalling condition of the road projects
The country’s poor infrastructure had brought down the growth of the nation, and after the elections, the entire nation was hoping for the Modi government to expedite growth. However amidst the measures which the new government is taking, they have also started blaming the UPA government for the wrong policies. There were road projects which [...] Continue Reading »

Improvement in Health Infrastructure expected by 2017 according to the State

Improvement in Health Infrastructure expected by 2017 according to the State
The State Government has recently come up with a plan to improve the healthcare system in the country within a span of three years. Steps would be taken in order to develop the health infrastructure from the Health Sub-Centre level to the District Headquarters Hospital level. A large chunk of money has been invested into [...] Continue Reading »

Land Rates are expected to receive a hike next week; said authorities

Land Rates are expected to receive a hike next week; said authorities
Lands in the region of Noida, Greater Noida and Yamuna Expessway are expected to become much more expensive soon. This was announced by the authorities who declared a 10 to 15% hike in all the categories of land. According to important sources, there will be a joint board meeting in June 2014 and the main [...] Continue Reading »

Urban Development Minister Venkaiah Naidu on plans in the pipeline

Urban Development Minister Venkaiah Naidu on plans in the pipeline
In a recent interview, Urban Development Minister Venkaiah Naidu has talked about various plans the ministry has in the offing. Elaborating on Urban Development Ministry’s plan for 100 smart cities, he said that international models were being studied, and countries like France, Australia, Singapore and Japan had been requested to submit ideas and suggestions. He [...] Continue Reading »

Change in investor preferences post Modi-government ascent

Change in investor preferences post Modi-government ascent
In a change in market sentiment post the Modi-government’s coming to power, investors are preferring to go for real estate, compared to stocks and gold, according to a survey. This is a significant departure from investor sentiments during earlier regimes. 67 percent of respondents in the survey were keen on investing in real estate, compared [...] Continue Reading »

Illegal Construction of Building banned at Juhugaon in Navi Mumbai

Illegal Construction of Building banned at Juhugaon in Navi Mumbai
On Wednesday in Navi Mumbai, an illegal building was completely demolished by the officials of the Controller of Unauthorized Construction (CUC). This took place in sector 12 of Juhugaon on a plot belonging to Cidco. This is not the first, but a second time in which we see the officials taking up the cumbersome task [...] Continue Reading »

Road Ministry to urge PM to make Planning Commission and Finance Ministry ‘less meddling’

Road Ministry to urge PM to make Planning Commission and Finance Ministry ‘less meddling’
Prime Minister Narendra Modi is likely to receive a request from the Ministry of Roads, Highways and Transport to reduce the interference of the Planning Commission and the Finance Ministry. The Road Ministry’s request to the PM to make the Planning Commission and Finance Ministry ‘less meddling’ is essentially rooted in the fact that undue [...] Continue Reading »

Prime Bandra plot for Herald Co. At interest-free loan – Congress in trouble

Prime Bandra plot for Herald Co. At interest-free loan – Congress in trouble
The Congress is mired in controversies. Besides allegations that it gave an interest-free loan to Associated Journals Ltd. With an eye on real estate assets, recent discoveries have revealed that the company that owns the now-defunct National Herald and Quami Awaz had been allotted a prime plot of land in 1983. Information accessed through the [...] Continue Reading »

New reforms in the Transport Sector: Gadkari

New reforms in the Transport Sector: Gadkari
The new transport minister Nitin Gadkari took charge on Thursday and his first step was very clear. He does not want to regulate the roads sector with any new regulators because it will increase corruption and will start the licence-permit game again. He stated that his topmost priority is to bring about changes in the [...] Continue Reading »



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