Realty News
According to reliable sources, the three bridges located across the drain of Shahdara shall be widened. This shall help in bringing relief to all several commuters located between the flyover of Delhi and Noida. The officials of the Noida Authority recently made it a point to meet the food and irrigation department of Delhi. The [...] Continue Reading »
The Dabri flyover which had missed most of its deadlines earlier will now be finished by the month of August soon. The flyover is about 1.5 kilometres long and was opened partially last year in 2013. This will help connecting west with the south western region of Delhi. There are about 2 flyovers which are [...] Continue Reading »
HUDA has recently started towards the construction of a railway bridge which is about 1.3 kilometres long. It is located on the Gurgaon-Rewari rail track and crosses the Northern Peripheral Road. According to reliable sources, the bridge is about to be completed during the first quarter of 2015. This will help in easing the flow [...] Continue Reading »
CBRE, the leading property consultancy firm report makes it clear that with the government planning major infrastructure projects in the Mumbai Metropolitan Region, the area is emerging as a growth centre for real estate sector. There has been a significant increase in demand for commercial and residential properties in areas where major infrastructure projects are planned. [...] Continue Reading »
It looks like that now even the states are taking the e-governance way. The PWD minister Shivpal Yadav of the Samajwadi Party government to have chosen e-governance to fight against the powerful construction mafia by ordering that from August 1 onwards no tender would be accepted manually and only e-tenders shall be submitted. He wants to increase [...] Continue Reading »
The NCP chief Sharad Pawar seems to be extremely concerned about the growth of Maharashtra and mentioned that he supports the concept behind controversial Lavasa lake city project. He also mentioned that there are 26 unpopulated sites near water bodies in Maharashtra that could be developed on the lines of English tourist towns. The project of [...] Continue Reading »
The minister for commerce and industry Nirmala Sitharaman soon will clarify the stand of the new government of FDI (Foreign Direct Investment). She mentioned that some sectors need money, some technology, some both. The NaMo government is open to FDI in other sectors like defence, railways and construction, however are closed to the idea of allowing [...] Continue Reading »
IRB Infrastructure has signed an agreement with the National Highways Authority of India (NHAI) for a Rs 2,300-crore project for widening of a highway stretch in Haryana under National Highways Development Project (NHDP). This is a positive Public Private Partnership (PPP) in which one of the largest BOT (build, operate, transfer) road developers in India, [...] Continue Reading »
India seems to be the new investment hub for foreign investors. Engineering major Larsen & Toubro on Monday told the media that the Canada Pension Plan Investment Board (CPPIB) had agreed to invest over Rs 2,000 crore in its infrastructure arm, L&T Infrastructure Development Projects (L&T IDPL) which will help the company to complete on-going [...] Continue Reading »
The Indian Real estate industry is looking at the first budget to be presented by the Modi Government with a lot of expectations. The property sector is looking at the possibility of the solution of the issues that have been plaguing the Indian real estate sector – such as delayed projects, legal quagmire, lack of [...] Continue Reading »
