Realty News
Close on the heels of a building collapse in New Delhi’s Sadar bazaar area on Sunday afternoon, the suspension of three civic officials was ordered by Lieutenant Governor Najeeb Jung, who also announced a compensation package for the deceased and the injured. Two people have lost their lives and 11 were injured in the building [...] Continue Reading »
At the Nager Bazaar, Dumdum, location in north Kolkata, a mid-sized residential complex is being developed by the Merlin Group of realty developers. The project, as per the developer’s claims, underscores a meticulously-planned residential complex at which plush apartments will be available at an affordable cost. With the new residential project – called Merlin Paradise [...] Continue Reading »
Foreign Minister Laurent Fabius of France has promised to give India a 1 billion euro ($1.4 billion) credit line to fund sustainable infrastructure and urban development projects. The credit line would be available over a three years period and would be delivered through the French Development Agency. Prime Minister Narendra Modi’s ministry’s main focus is on infrastructure and the [...] Continue Reading »
Goa government’s decision to request the Central government to discard the state’s new land acquisition law has led to protest from activists and citizens from Margao. The land acquisition law which the Goa government wants the Central government to cast off necessitates that farmers and land owners affected by land acquisition in the state should [...] Continue Reading »
One of Mumbai’s leading real estate developers, Ahuja constructions, has launched an upscale residential project near Mumbai city. The luxury lifestyle project is called L’Amor; and it is coming up in the heart of Mumbai city’s fast emerging neighbourhood – Oshiwara. The project sprawls across a 7-acre area; and comprises two blocks, each having 36 [...] Continue Reading »
Mumbai is on a roll and with many big-ticket transport infrastructure projects almost complete, the landscape and skyline of the city is yet to change once again. There are in the pipe-line, many new infrastructural and road transportation projects to come up, which would speed up the movement and mobility of the city, however, the [...] Continue Reading »
In a recent statement, infrastructure major Larsen and Toubro (L&T) has revealed that its construction arm has won orders worth Rs 2,458 crore this month. The orders won by the company relate to different business segments. L&T said in its statement that Rs 1,634 crore worth of orders have been bagged by L&T Construction’s power [...] Continue Reading »
India’s biggest real estate firm DLF has revealed in its latest financial report that it witnessed a 7 percent increase in sales bookings, to Rs 4,070 crore, in the last fiscal year which ended in March 2014. In comparison, in the previous fiscal year which ended March 2013, the company’s sales bookings had increased Rs [...] Continue Reading »
The real estate sector has started to have some expectations from the new government. They are in the hope that some of the strict conditions in the Land Acquisition Act will be eased soon. The issue of acquiring land has been quite a craze for the industries. Several new projects haven’t been started yet since [...] Continue Reading »
The Delhi government has no desire to make stilt parking mandatory if the owner of the plot has enough space to fit cars within the compound. The DDA and the urban development ministry will soon come up with guidelines related to stilt parking and other provisions that will stop people from parking vehicles in places [...] Continue Reading »
