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Realty News

Maharashtra govt likely to seek Attorney General’s opinion on Campa Cola eviction

Maharashtra govt likely to seek Attorney General’s opinion on Campa Cola eviction
With regard to the issue involving the eviction of residents of the Campa Cola society, the Maharashtra government will apparently turn to the Attorney General of India for legal opinion. The legal opinion which the Maharashtra government will probably seek from the Attorney General will largely pertain to the manner and extent of the government’s intervention into [...] Continue Reading »

Parts of a new residential tower in Mumbai may be demolished by civic authorities

Parts of a new residential tower in Mumbai may be demolished by civic authorities
In a recent report, the Brihanmumbai Municipal Corporation (BMC) has revealed that civic authorities may demolish parts for a new 21-stoery residential tower in Parel, Mumbai. The demolition of parts of the tower – built by realty developer Isa Enterprises – is seemingly imminent because of certain violations in construction. According to the demolition-related details [...] Continue Reading »

Pune: MLAs seek effective government policy for regularizing illegal constructions

Pune: MLAs seek effective government policy for regularizing illegal constructions
In their demand to the Maharashtra government, the MLAs from Pune and Pimpri Chinchwad have sought the roll out of an effective policy with regard to regularization of illegal constructions. Asking the government to take a call on a policy for regularizing illegal constructions, Vadgaonsheri MLA Bapu Pathare said – during a recent assembly debate [...] Continue Reading »

Hotel Leela Venture signs deal with Prestige group to jointly develop its surplus land in Bangalore

Hotel Leela Venture signs deal with Prestige group to jointly develop its surplus land in Bangalore
A joint development agreement has been signed by Hotel Leela Venture and Prestige group for developing Hotel Leela’s surplus land in Bangalore. The agreement which Hotel Leela Venture and Prestige group have signed is part of the Leela Venture strategy for the monetisation of its non-core assets. The joint project to develop Hotel Leela’s surplus [...] Continue Reading »

CM of Punjab directed the Industry department to speed up mega projects

CM of Punjab directed the Industry department to speed up mega projects
In Chandigarh, the empowered committee of the Punjab Government gave approval to reduce the cancer relief fund from 0.5 per cent to 0.25 per cent (maximum Rs 25 lakh) if there is a delay in mega projects. The committee also increased the permissible period of delay from one year to two years. Chief Minister of [...] Continue Reading »

4-5 billion dollar infrastructure fund planned by new government

4-5 billion dollar infrastructure fund planned by new government
The new government led by Narendra Modi has been making plans to come up with a multi-billion dollar fund in order to push the investments further. This plan has been taken up since the economy of the country desperately needs a boost, especially in the infrastructure sector. The Road Ministry has already started to have [...] Continue Reading »

Securing Home loan- Tough task for a single woman

Securing Home loan- Tough task for a single woman
Life was never easy for women in India and the same is true when they apply for a home loan. Single women face more discrimination and if one thought that the gender discrimination is predominant only in Bihar and UP, then take a closer look. Some banks and ironically headed by women are refusing to [...] Continue Reading »

The Commerce Ministry starts working towards the restoration of taxes

The Commerce Ministry starts working towards the restoration of taxes
The Commerce Ministry has been working towards the restoring tax benefits to the special economic zones as well as removal of the import restrictions on gold for next year’s budget. The Secretary of the Commerce Ministry said on Wednesday that they have been making some important discussions with the Finance Ministry for the withdrawal of [...] Continue Reading »

States makes plans for offices on Wadala salt plan

States makes plans for offices on Wadala salt plan
The 71 acre Wadala salt pan plot is on the process of being removed by the state government. This will be done in order to build government offices as well as staff quarters. The move has caused a sense of alarm among activists as well as environmentalists since salt plans which are eco sensitive act [...] Continue Reading »

Underground plans made by the state for Metro II line

Underground plans made by the state for Metro II line
The people of Mumbai may have to wait for the next 8 years for the next Metro line. On Wednesday, the state government made plans to build the Metro route from Charkop to Mankhund via Bandra underground. It has been extended to Charkop end to Dahisar. In case the new plan firms up, the current [...] Continue Reading »



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