Realty News
There are a lot of expectations from the new BJP led government this year. The new railway minister will have to begin working towards his responsibilities as soon as possible and Prime Minister Narendra Modi must lay special emphasis and focus on the Mumbai Ahmedabad High Speed Corridor and the Dedicated Freight Corridor so that [...] Continue Reading »
Earlier the Supreme Court had given 6 months of time to the residents of the Campa Cola compound located in the South of Mumbai. All of them were unauthorized flats. But recently, a notice was sent by the BMC asking all of them to vacate and leave the area by the 1st of June, 2014! [...] Continue Reading »
Usually the cost of major transport infrastructure projects tends to be very high. They often shoot up at fast paces because of delays and several design changes. But surprisingly, the cost of a road between Bandra Kurla Complex and Eastern Express Highway has been lowered down majorly. The cost has been reduced by 22% because [...] Continue Reading »
Since the defeat of the NCP during the recent elections, and the miserable loss of the Lok Sabha seat, the party has come to a new conclusion. They have now started to speed up all the infrastructure projects which were pending earlier. This has been planned exclusively to win back some of its favour. Its [...] Continue Reading »
Right in front of the Chennai Railway station, the metro railway has recently started to re-jig the city’s sky line. Poonamallee High Road is located just opposite the Central railway station and this is exactly where the Metro rail has started to acquire and clean land. In order to make more space for the railway [...] Continue Reading »
The South Corporation has decided to come up with ‘Unique Property Identification Code’ so that the revenue can be effectively increased and improved further. This will be done in order to bring the properties under the tax net. Recently, a memorandum of understanding has been signed by the civil agency with a private firm. This [...] Continue Reading »
The Kolhapur Municipal Corporation has recently discovered around 33 properties from the area of Tawade Hotel which have been regularized under the act of Gunthewari. No action can be implemented because of the rules listed in the Maharashtra Regional Town Planning Act of 1966. According to Burhan Naikawadi, secretary of Prajasattak Samaj Seva Sanstha, the KMC [...] Continue Reading »
Realty sector pins high hopes on the Modi Government and has expressed that they can fulfil the dream of ‘’Home for all’’ if their situation is safeguarded. If the real estate industry gets the ‘’Infrastructure Status’’ then as per the Govt. of India rules, they can enjoy the benefits of loans from banks and financial [...] Continue Reading »
Capital Expenditures or Capex (expenditures creating future benefits) were low in the previous Government and that had slowed the pace of growth in the country. As the new government takes oath in a magnificent ceremony on May 26th and the important portfolios were given to the cabinet ministers, a wave of new hopes crossed India [...] Continue Reading »
Narendra Modi was sworn-in as the 15th Prime Minister of the country on May 26, 2014 in a majestic ceremony in Rashtrapati Bhawan. India Inc. is looking forward to an era where growth will be exponential and more jobs, income and social stability will be a part of every Indian’s life. This swearing in ceremony [...] Continue Reading »
