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Realty News

5 billion dollars invested in the last 8 months by overseas funds

5 billion dollars invested in the last 8 months by overseas funds
India has recently started to witness a rush of investments since many sovereign wealth funds and overseas pension funds have started to show serious interest and dedication. They are all anticipating a restoration in the economy. Over the last 8 months, there were around 3 sovereign funds which invested a total of 5 billion dollars. [...] Continue Reading »

MADC hoping to bring fresh builders for First City

MADC hoping to bring fresh builders for First City
The Maharashtra Airport Development Company is currently in search for new builders so that their job can be completed. This was because the residential project named First City was entangled in controversy. The planning took place in Mihan-SEZ and was consuming indeed since the controversy wasted a total of three years. In year 2008, after [...] Continue Reading »

City of Mumbai works towards spreading its residential footprints

City of Mumbai works towards spreading its residential footprints
Maharashtra’s Mumbai finally decides to put efforts and increase its residential footprints. Out of the details given by Crisil Research, Ghatkopar micromarket consists of important areas including Ghatkopar, Chembur, Kurla and Vidyavihar. The micromarket is to be responsible for around 3% of the entire supply of homes in the city of Mumbai. Out of this, [...] Continue Reading »

Monorail’s Phase II delayed because of little planning

Monorail’s Phase II delayed because of little planning
Because of the lack of decent planning by the MMRDA, there are possibilities that the monorail Phase II which goes all the way from Wadala Depot to Jacob Circle will be delayed. While the agency was making plans for the establishment of a viaduct, it did not look deeply into the extra rail tracks located [...] Continue Reading »

Airport Express Metro line with Delhi-Alwar rapid rail to be linked by DMRC

Airport Express Metro line with Delhi-Alwar rapid rail to be linked by DMRC
The Delhi Metro Rail Corporation has been making new ways in order to link the Airport Express Metro Railway Line with the high speed rail link. This has occurred despite having the approval of the Lieutenant Governor Najeeb Jung to establish a rail link from Alwar that is supposed to come to an end in [...] Continue Reading »

Housing plan made for backward sections by GHMC

Housing plan made for backward sections by GHMC
Somesh Kumar, who happens to be the commissioner of the Greater Hyderabad Municipal Corporation, has given his orders to the housing department officials to come up with detailed project reports. This one comprises of two bedroom houses for all weaker sections of the society. A meeting was also organized between the officials belonging to the [...] Continue Reading »

NHDP to upgrade 1,370 km National Highways in Odisha under Phase III, IV and V

NHDP to upgrade 1,370 km National Highways in Odisha under Phase III, IV and V
Under Phase III, IV and V of the National Highway Development Project (NHDP), approximately 1,370 km of National Highways (NHs) in Odisha will be developed into four and six lanes. The Odisha NH projects which will be upgraded to four lanes under Phases III, IV and V of the NHDP include 112-km stretch of the NH between [...] Continue Reading »

IRB Infra impacted by Maharashtra govt’s decision to shutter 44 toll gates

IRB Infra impacted by Maharashtra govt’s decision to shutter 44 toll gates
The reported decision by the Maharashtra government to shut down 44 toll gates in the state has apparently triggered the sale of the shares of IRB Infrastructure Developers Ltd.; with the company’s stock having already witnessed a 9 percent plunge in the last three trading sessions. The decision by the government to close the toll [...] Continue Reading »

Maharashtra govt and Reliance Infra likely to terminate Mumbai Metro II concession agreement

Maharashtra govt and Reliance Infra likely to terminate Mumbai Metro II concession agreement
According to unidentified sources, the concession agreement for the Mumbai Metro II – the 32-km-long underground Metro rail link between Charkop and Mankhurd via Bandra – will likely be scrapped by the Mumbai Metropolitan Region Development Authority (MMRDA) and Reliance Infrastructure. It has been reported that the apparent termination of the concession deal for the [...] Continue Reading »

The launch of Silver Lune Urbe kicked off at Meerut

The launch of Silver Lune Urbe kicked off at Meerut
One of the best launches that no one will forget: With the launch of the Silver Lune Ubre, the beautiful and glowing Meerut experienced a night full of fun, thrill and a whole lot of salsa dancing. The Silver Lune Ubre happens to be a commercial township project headed by the Tusiani Construction and Developers [...] Continue Reading »



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