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Realty News

New innovations made the real estate of India

New innovations made the real estate of India
Singer Sonu Nigam comes up with some of the most interesting steps and strategies that have been adopted by the real estate industry. This had been done exclusively for the purpose of creating better techniques of construction. The out performers here are those who have their dependency on the techniques of innovation in every sector. [...] Continue Reading »

Amnesty schemes to bring back black money : Assocham

Amnesty schemes to bring back black money : Assocham
Industry body Assocham (The Associated Chambers of Commerce and Industry of India) suggested the government on Friday to start a six month amnesty scheme to bring back black money which is hidden in the foreign banks abroad. If the HNIs will be granted pardon through this amnesty, then they may bring the black money home [...] Continue Reading »

Domestic Infrastructure and Civil Aviation to get new lease of life

Domestic Infrastructure and Civil Aviation to get new lease of life
Prime Minister Narendra Modi here on Saturday, June 20th in New Delhi was to look into some of the issues which were faced by the domestic infrastructure sector. The infra ministries wanted to urge the government to take some immediate steps to enhance investments and increase productivity. Secretaries from various Ministries in the infrastructure sector [...] Continue Reading »

100 Smart Cities to become reality soon

100 Smart Cities to become reality soon
Gujarat’s landscape is changing fast and the skyline soon will be filled with the skyscrapers. Eighteen kilometres off Ahmedabad airport, there are two tall buildings which are 122 metres and 28 floors high shielded with cobalt blue glass stand high and tall amidst the otherwise brown, dusty landscape. The towers are the first buildings to [...] Continue Reading »

E-governance can ensure fast and transparent approvals: Builders and buyers wait for centre’s directive

E-governance can ensure fast and transparent approvals: Builders and buyers wait for centre’s directive
Deepak Parekh the Chairman of housing finance major HDFC, said that various approvals for housing projects take as long as 18-24 months, particularly in some big cities, and the construction gets delayed even if developers wish to do it immediately. If an online single-window clearance system is maintained for the approvals, then the projects can start [...] Continue Reading »

Taxmen knocking the doors of HNIs over gains from venture capital funds

Taxmen knocking the doors of HNIs over gains from venture capital funds
There is a lot of confusion regarding the tax payments for real estate and infrastructure. Income-Tax Department is busy sending scrutiny notices on capital gains and interest earnings on the investments in various funds by high net worth individuals (HNI). However the HNIs are claiming that they are being told to cough up tax they insist [...] Continue Reading »

Speed and Transparency ensured with the launch of online portal for the forest-related approvals

Speed and Transparency ensured with the launch of online portal for the forest-related approvals
The Modi government seems to be a tech savvy government as they have started their online environment clearance system for industrial and infrastructure projects. Now they are planning to launch a similar e-window platform for forest-related approval on July 1, 2014. This will minimise the delays in approvals and fast-track the projects. It will also [...] Continue Reading »

Delay to deliver properties on time may have dire consequences on the builders

Delay to deliver properties on time may have dire consequences on the builders
This issue is faced by most of the property buyers in metros. The builders most of the times fail to deliver the property on time and the buyer has to pay the rent as well the EMI which truly increases his/her financial burden. Hence kudos to Bhupati Shukla who filed a case against Ozone Shelters (the [...] Continue Reading »

Delhi-Jaipur Highway toll collection to continue as per the directive passed by the previous government

Delhi-Jaipur Highway toll collection to continue as per the directive passed by the previous government
The Minister of State for Road Transport, Highways and Shipping, Krishan Pal Gujjar mentioned that if the toll collection as per the concessionary agreement already entered for Delhi-Jaipur Highway is annulled then it can lead to litigation and other complications. Gujjar mentioned in a gathering in Kot Putli in Rajastan on Saturday evening that it does [...] Continue Reading »

Construction of 500 bed ESIC hospital in Alwar, Rajasthan to start soon

Construction of 500 bed ESIC hospital in Alwar, Rajasthan to start soon
Rajasthan is going to see some improvements in the field of healthcare as Infrastructure major J Kumar Infraprojects has bagged orders worth Rs 700 crore for building a hospital and medical college at Alwar in Rajasthan. The MD Kamal Gupta of J Kumar Infraprojects  mentioned that construction of an Employees State Insurance Corporation (ESIC) 500 [...] Continue Reading »



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