Realty News
Due to a slump in the real estate market, for the first time The Delhi Development Authority (DDA) is pondering over the rationalisation of the reserve price for auction of commercial and institutional land in the city. The last big auction which had attracted the buyers was the one which was held before the 2010 Commonwealth [...] Continue Reading »
The fire officers in Delhi and the NCR (National Capital Region) are distressed with the data that 40% of the buildings in these areas do not comply with the fire safety norms. The sad part is that these unsafe building not only are in the residential and commercial complexes: many schools, hospitals and nursing homes [...] Continue Reading »
The cement industry wants the Government to help boost demand through policy measures. They have always been looking for cost benefits in the Budget, however this time they feel that the Government can consider giving some incentives or laying emphasis on cemented roads for all the highway projects. Since the lifespan of cemented roads are [...] Continue Reading »
The Centre is yet to approve the detailed project report (DPR) on the expansion of the NH-52A from Itanagar to Banderdewa to four lanes. Arunachal Pradesh PWD minister Gojen Gadi said he will take up the matter with the Centre for an early sanction of funds. On Sunday the PWD minister Gojen Gadi inspected the [...] Continue Reading »
There is some bad news for job seekers as per the report of Naukri.com- a leading job portal. Recruitment trends remained sluggish across industries in May compared to April with the exception of IT and ITeS sectors which logged double-digit growth in hiring. However, on year-on-year basis the hiring activity in May rose 14 % [...] Continue Reading »
A joint venture agreement has been signed between the Mumbai-based real estate developer Lodha Group and global IT major IBM to build and manage smart city infrastructure for Palava, a greenfield city development project of the realty developer. Palava is located at the extreme north of Mumbai Metropolitan Region (MMR), at the junction of Navi [...] Continue Reading »
NaMo’s election manifesto was ‘’Home for all’’ by 2020. In line with the same dream, the state cabinet on Tuesday approved a proposal of the Bihar State Housing Board to create land banks in the different districts for its housing projects. The board wants to safeguard the interests of the farmers and hence has decided [...] Continue Reading »
There is some good news and some bad news for the debt laden Sahara group. The Supreme Court (SC)on Wednesday allowed the Sahara Group to sell properties to raise funds amounting to thousands of crores of rupees. The imprisoned chief Subrata Roy who is in Tihar jail since March 4 could not be released as [...] Continue Reading »
The housing needs of the National capital and the NCR region is not met by the Delhi Development Authority (DDA). Hence a parliamentary panel has asked the authority to finalise its land pooling policy and involve the private sector and cooperative group housing societies in order to meet the demand. The Standing Committee on Urban [...] Continue Reading »
IL&FS (a conglomerate with diversified business in Engineering, construction and other fields) has contacted International Finance Corporation (IFC), a member of the World Bank group to seek loans for a $5-billion infrastructure debt fund. According to an official who has the direct knowledge of the development mentioned that the company is planning to raise this fund [...] Continue Reading »
