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Realty News

No impetus found by the experts yet for infrastructure projects of Mumbai in the Maharashtra budget

No impetus found by the experts yet for infrastructure projects of Mumbai in the Maharashtra budget
Apart from the approval for the airport project of Navi Mumbai, the state budget which was presented on Thursday did not contain much concrete decisions in matters of pushing forward the reforms of infrastructure and transport for the metropolitan area of Mumbai. One of the reliable sources who has been working quite closely with the [...] Continue Reading »

Delay in Noida Flats because of National Green Tribunal

Delay in Noida Flats because of National Green Tribunal
There are currently around 20,000 buyers at Noida who are facing a delay in receiving the possession of their houses which have been completed. This is primarily because of the recent judgement by the Noida Green Tribunal which stopped Noida Authority from giving away any kind of certificate of completion for projects within about 10 [...] Continue Reading »

While 6 plots go to 10, Janpath; 44 of HUDA plots go to 24, Akbar Road

While 6 plots go to 10, Janpath; 44 of HUDA plots go to 24, Akbar Road
Out of all the benefits provided by the Haryana Urban Development Authority scheme or quota, there were almost 44 of them who gave the same address which is 24, Akbar Road. This place happens to be the same as the headquarters of the Congress at New Delhi. There were 6 others too who gave their [...] Continue Reading »

Mumbai Metro finally gets permission from the Railway Board and is now ready to roll

Mumbai Metro finally gets permission from the Railway Board and is now ready to roll
The Mumbai Metro Rail which was earlier going through a phase has finally cleared its last and most important intrusion since the Railway Board had given it final permission in order begin with all the commercial operations to the operator itself named the Anil Ambani Mumbai One. The operation which is for about 11.4 kilometres [...] Continue Reading »

No provisions needed for the metro project at Pune

No provisions needed for the metro project at Pune
During the reign of the Congress government, it had failed to make any provisions for the metro project at Pune in its last budget before the elections took place. Ajit Pawar, who happens to be the deputy chief minister as well as the state finance minister, had come up with a budget on Thursday which [...] Continue Reading »

The promoters of Gammon India have decided to raise a contribution of 100 crore

The promoters of Gammon India have decided to raise a contribution of 100 crore
The promoters of Gammon India along with their affiliates have recently decided to raise about a 100 crore as ‘Promoter Contribution’. This will be done by subscribing towards all shares of equity that have been allotted to them on the basis of preference so that the restricting package of debt  which has been sanctioned by [...] Continue Reading »

New Government plans to provide more VGF to encourage PPPs in metro and rapid rail arena

New Government plans to provide more VGF to encourage PPPs in metro and rapid rail arena
In order to ensure that there is an increase in the number of public-private partnership (PPP) projects in the metro and rapid rail arena, the new Government plans to make the remunerative aspect of investments more lucrative by providing more viability gap funding (VGF). According to sources, the new Government is apparently planning to provide [...] Continue Reading »

Housing fin schemes like ‘80:20’ and ‘75:25’ return to market in new avatar

Housing fin schemes like ‘80:20’ and ‘75:25’ return to market in new avatar
Several innovative housing finance schemes – including the ‘80:20’ and ‘75:25’ schemes – are making a return to the housing finance market in a new avatar, thanks to the dwindling demand for residential real estate. The return of the housing financing schemes like ‘80:20’ and ‘75:25’ schemes, though with some notable changes, has come after [...] Continue Reading »

Noida Authority set to launch e-governance software soon

Noida Authority set to launch e-governance software soon
With the Noida Authority having announced that the launch of its e-governance software is imminent in the coming days, it is apparent that public interface at the Noida Authority office will be reduced and paper will become much easier. Moreover, the launch of the e-governance software by the Noida Authority will also ensure increased transparency, [...] Continue Reading »

Government kicks off online environment clearances for industrial and infrastructure projects

Government kicks off online environment clearances for industrial and infrastructure projects
In a highly noteworthy move aimed at expediting green clearances for industrial and infrastructure projects, the Government announced on Thursday that it has kicked off online environment clearances for projects. The government’s decision to go online with green clearances underscores a very significant move, especially given the fact that a number of industrial and infrastructure [...] Continue Reading »



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