Realty News
Cesare Bieller, consul general of Italy has expressed to the Kolkata-based consulate (Manages the North East Indian regions) of the west European nation that they want to work on three sectors to build bilateral relationship with North-East India (NE India). Italy has identified food processing, energy and infrastructure as the three sectors to start with in [...] Continue Reading »
Many developers had offered to pay high premium to the government during the high economic growth period between 2010-2012, to win the bids in projects of road widening, maintaining, and collecting toll from road users over a 20-30 year concession period. However now National Highways Authority of India (NHAI) has intervened in these projects and has added [...] Continue Reading »
If the survey done by global research firm Ipsos is to be believed, then we will be witnessing a real estate boom in the next one month. Since after a long time a non-coalition B.J.P government is formed led by our newly elected Prime Minister Mr Narendra Modi, nearly 60% Indians believe that now the [...] Continue Reading »
A preliminary enquiry has been initiated by the Central Bureau of Investigation (CBI) against unidentified officials of the Textiles Ministry and National Textile Corporation (NTC) with regard to a Mumbai mill sale. The sale of the erstwhile Madhusudan Mills to a private person – Gowani Builder’s Kamlesh Mehta – has come under the CBI scanner [...] Continue Reading »
With BJP-led NDA having won the 2014 general election with a thumping majority, the people of Mumbai are now hoping that the Narendra Modi government will fulfill its promise and change the face of the city by making it ‘slum-free.’ The hopes of the people of Mumbai have been largely kindled by the fact that, [...] Continue Reading »
The Delhi Metro Rail Corporation (DMRC) has commenced work on the laying of the Faridabad Metro track, which will facilitate connectivity between Faridabad city and Delhi. With the work on laying of tracks for the Faridabad Metro having been started by the DMRC, it is expected that the 13.87-km stretch connecting Badarpur station with YMCA [...] Continue Reading »
With BJP-led NDA government set to assume charge at the Centre, stakeholders in the realty sector are hopeful that the real estate sector – as well as the economy as a whole – is apparently on the verge of a turnaround for the better. Given the fact that BJP-led NDA has posted a thumping victory [...] Continue Reading »
On late Thursday night, an attack on the demolition squad of the Municipal Corporation of Gurgaon (MCG) by the locals at Nathupur village in DLF Phase-3 area. As a result of the attack, six government officials, including four fire-fighters, were injured. The attack was essentially a mark of protest by the locals to MCG Commissioner [...] Continue Reading »
During the course of a recent interview with The Hindu, Delhi Development Authority (DDA) Vice-Chairman Balvinder Kumar said that the DDA has efforts underway towards the implementation of the land pooling policy within a month. Kumar said that the DDA is currently in the process of preparing a presentation for the land pooling policy. The [...] Continue Reading »
In the first quarter of 2013-14, FDI or Foreign Direct Investment into the country saw a rise by eight percent, which amounted to USD 24.3 billion, says a source from the esteemed Department of Industrial Policy and Promotion (DIPP). The last fiscal of 2012-13 the aggregated details came up to USD 22.4 billion, and in [...] Continue Reading »
