Realty News
Kudumbashree - a women self-help group in Kerala – is set to venture into the construction arena. The group has already witnessed success in a number of diverse fields, ranging from pickle-making business to IT business. Marking its foray into the construction sector, the Kudumbashree group has efforts underway to embark on a plan under which a ‘model [...] Continue Reading »
On Friday, the shares of Bangalore-based realty firm Sobha Developers witnessed an 11 percent increase, breaching Rs 500. The latest gain in the stock of Sobha Developers – which has recently bought a 50 percent stake in Puravankara’s project in Kochi – is apparently a consequence of an upbeat sentiment with regard to the Bangalore [...] Continue Reading »
In the coming months, a number of new housing projects will be offered across the country by the National Buildings Construction Corporation (NBCC). In addition, the company will also working on plans to redevelop three government colonies in New Delhi as “green complexes.” About the new projects to be offered by NBCC across India, the company’s CMD [...] Continue Reading »
The Airport Authority of India (AAI) plans to seek a new agreement for airport privatisation with the government soon, now that the new Civil Aviation Ministry has taken charge in New Delhi. With some reservations by the previous government having stalled the concession agreement which the AAI had prepared in March this year, the AAI plans to [...] Continue Reading »
The widening of the National Highway 28 C, which connects India-Nepal border, has run into obstacles once again; with the ‘no objection certificate’ (NOC) not having been given by the Union Ministry of Forest and Environment to widen the 150-kilometer highway stretch from Barabanki to Rupaidiha. With regard to its refusal to give the NOC [...] Continue Reading »
The farmers whose land will be acquired for the upgradation of the Sahnewal airport near Ludhiana will likely get compensation in accordance with the New Land Acquisition Act. The farmers will be eligible for compensation as per the new Act because notifications have been issued by the land acquisition authorities before fixing the rates for [...] Continue Reading »
The Vadodara Municipal Corporation (VMC) is apparently eyeing funds for the promised development of the city from where Prime Minister Narendra Modi contested the 2014 general elections. A wish list has been submitted by the VMC to seek funds from the budget of Gujarat state; and the civic body probably has an eye on four [...] Continue Reading »
A new 5-star hotel will be set up in Vijayawada by the Varun Group, a company which is a well-known name in automobile, hospitality and construction arena. The company reported a turnover of Rs 2,000 crore during 2013-14. The Varun Group’s 5-star hotel in Vijayawada will be a property comprising 200 rooms. According to the Varun [...] Continue Reading »
Because of the insane amount of pressure rising upon cities such as Dehradun and Haridwar mostly since it has been rapidly urbanizing, the government of Uttarakhand has been working towards a plan which will develop a smart city within all the 13 districts. Harish Rawat, the Chief Minister was responsible for making such a decision. [...] Continue Reading »
India’s most important luxury state developers have recently launched a residential project known as Marvel Bounty II in Pune. The Pune based company Marvel Realtors are now launching Marvel Bounty II which has 103 units. Earlier it had sold 96% of the 139 units. Bounty I and Bounty II projects take up quite a lot [...] Continue Reading »
