Realty News
Mahindra Lifespace Developers Ltd (A subsidiary of Mahindra and Mahindra) has gone into a buying spree to increase their land inventory. They are anticipating a boom in the real estate sector and hence want to replenish the land bank which will be used in the next three years in the upcoming new projects. A top company [...] Continue Reading »
The new urban development and housing minister Venkaiah Naidu and member of the Prime Minister Narendra Modi’s Cabinet, stated that he wants to see the dream of ‘’House for all by 2020’’ come true. He is pushing to bring down the home loan rates and focusing on developing 100 smart cities so that the burden on [...] Continue Reading »
The website of the National Highways Authority of India (NHAI) displays toll-related information, thereby increasing the transparency of the toll collection system. The Toll Information System portal of the NHAI – accessible through nhai.org – will essentially enable the Internet users to know about the charges to be paid at any toll plaza which is [...] Continue Reading »
A food park is being developed by the Cremica Group – a diversified food products group in Himachal Pradesh. The outlay of the food park is approximately Rs 100 crore. Disclosing Cremica Group’s efforts to develop the food park in Himachal Pradesh, the group’s managing director Akshay Bector said that the food park will focus [...] Continue Reading »
In a move which is a clear indication of the fact that the Rs 50,000-crore Adani group is on a fast track, the company has recently revealed that it has acquired the Dharma port for Rs 4,400 crore. The announcement of the Dharma port acquisition by the Adani group was made on the day when [...] Continue Reading »
In FY15, real estate developer Brigade Enterprises has earmarked an expenditure of Rs 250 crore on lease rental projects as well as on expanding its assets in the hospitality sector. According to a Business Line report, citing the information shared by Brigade Enterprises’ Chief Financial Officer Suresh K, the realty developer plans to focus on [...] Continue Reading »
The UT administration has been given a four-month period by the Punjab and Haryana High Court (HC) for finalizing charges involving conversion from leasehold to freehold for flats of co-operative housing building societies. The directions issued by the HC to the UT administration underscore a move which has been widely welcomed by thousands of occupants [...] Continue Reading »
Call it the need of the hour or the much needed aspect of development, civic officials have woken up to the fact that Amma’s city needs a make over, come what may. It was on Saturday when residents along Harington noticed the first signs of development, a make over to begin with happening. Sources opine [...] Continue Reading »
64 parking plots have been released so far and more to follow, says a source with City and Industrial Development Corporation (Cidco, Navi Mumbai Municipal Corporation (NMMC) couldn’t have been happier. The decision to release plots which NMMC has been making demands for since a long time was done on Monday, with seven wards spanning [...] Continue Reading »
The honorable Supreme Court of India gave residents of the infamous Campa Cola apartments a breather in South Mumbai to leave the unauthorized flats. Bombay Municipal Corporation asked the owners to leave their premises by June 1st 2014, says a source. The chairman of Orchid received a letter, which stated that a list of names [...] Continue Reading »
