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Realty News

The New Prime Minister will make sure that decisions are implemented faster

The New Prime Minister will make sure that decisions are implemented faster
The government will now make decisions at a faster pace since the UPA term has come to an end. The Finance Minister will now take calls on the pricing of any of the public sector firm’s stake sale. The coal and power minister on the other hand, Piyush Goyal has decided to solve all those [...] Continue Reading »

Odisha CM requests for Rs 2,000-crore allocation for PMGSY in fiscal 2014-15

Odisha CM requests for Rs 2,000-crore allocation for PMGSY in fiscal 2014-15
In a letter written to Prime Minister Narendra Modi, Odisha Chief Minister Naveen Patnaik has requested for a Rs 2,000-crore allocation, so that the Prime Minister Gram Sadak Yojana (PMGSY) can be effectively implemented in the State during the current financial year. With a tentative amount of Rs 1,010 crore having been allocated towards PMGSY [...] Continue Reading »

Formation of Telangana- KCR to be sworn in as C.M

Formation of Telangana- KCR to be sworn in as C.M
Finally the six decade long struggle has come to an end. The Telangana Rashtra Samithi (TRS), which was demanding the formation of a separate state has won and their president Kal­vakuntla Chandra­shekar Rao or KCR will be sworn in as a chief minister (C.M) of India’s 29th state on Monday June 2. Telugu Desham Party [...] Continue Reading »

AAI constitutes 12-member Airport Users’ Consultative Committee for Chennai airport

AAI constitutes 12-member Airport Users’ Consultative Committee for Chennai airport
An Airport Users’ Consultative Committee has been set up by the Airports Authority of India (AAI) for Chennai airport. The 12-member committee constituted will chiefly voice its opinions on Chennai Airport projects which involve an investment of Rs 50 crore or more. Unidentified sources close to the AAI have revealed that all the development projects [...] Continue Reading »

India signs $500m loan agreement with World Bank

India signs $500m loan agreement with World Bank
A $500-million loan agreement has recently been signed by India with the World Bank. The $500-million loan will be granted to India by the International Bank for Reconstruction and Development division of the World Bank. The grace period of the loan will be 5 years; with a maturity of 18 years. The loan amount will [...] Continue Reading »

Mumbai MPs group up in New Delhi to demand acceleration of Mumbai’s infrastructure projects

Mumbai MPs group up in New Delhi to demand acceleration of Mumbai’s infrastructure projects
The newly-elected MPs from Mumbai have come together in New Delhi to demand the acceleration of work on delays-hit infrastructure projects in the maximum city. Mumbai MPs are camp in New Delhi essentially to draw attention to the fact that requisite environment clearances have not been given to over half-a-dozen infrastructure projects in Mumbai. Moreover, [...] Continue Reading »

India and China to strengthen bilateral ties using mutually beneficial trade route

India and China to strengthen bilateral ties using mutually beneficial trade route
In the last decade post the floodgates were opened by the then Prime Minister Narasimha Rao and Finance Minister Manmohan Singh for globalisation, the US based, Europe Based and Australia based companies had set their operations in India. In the later years we saw some growth from the Latin American countries and South Africa too. [...] Continue Reading »

Land appreciation- Residential sector- highest in Mumbai, Bangalore and NCR- Knight Frank’s report

Land appreciation- Residential sector- highest in Mumbai, Bangalore and NCR- Knight Frank’s report
The financial capital of India Mumbai has seen a sharp increase of 35.2% in the land for residential development in the last two years. Bangalore is the close second with 26.1% and NCR third with 24.9% growth in the same index of land price appreciation. Global consultancy firm Knight Frank’s Prime Asia Development Land Index report has revealed [...] Continue Reading »

India ranked third in the USGBC Report- Green building Initiatives get a boost

India ranked third in the USGBC Report- Green building Initiatives get a boost
India was ranked third among a list of the top 10 countries in the world by the US Green Building Council (USGBC) outside the US. Canada and China occupy the top two slots in the report. It is believed that the “green” initiatives of building construction industry are largely weighed by USGBC and India has been [...] Continue Reading »

Changes in the Land Acquisition Law expected soon: Gadkari

Changes in the Land Acquisition Law expected soon: Gadkari
There are still a lot of question marks on the land acquisition bill and the BJP-ruled States have urged the Narendra Modi Government to repeal the “anti-industry, anti-development and anti-farmer” Land Acquisition, Rehabilitation and Resettlement Act, 2013. The farmers and land owners are scared that their lands will be acquired for infrastructure projects and they [...] Continue Reading »



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