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Realty News

First Phase of Smart City Kochi to be Completed by 2015

First Phase of Smart City Kochi to be Completed by 2015
Kochi is one of the cities which the Government has decided to develop into a smart city among the 22 other cities on its project list. Smart City Kochi, as it has been termed announced its recent clearance from the environment board and is now on track to complete infrastructural development and aims to complete [...] Continue Reading »

Rs. 300 crore to be invested by Saket City Hospital for expansion

Rs. 300 crore to be invested by Saket City Hospital for expansion
Transforming themselves into the largest hospital in South Delhi, Saket City Hospital will add 370 new beds in phase i, total capacity becoming 600 beds. Saket City Hospital is a multi-speciality hospital headquartered in Saket, South Delhi. They recently announced an investment of the hefty amount of Rs. 300 crores. This money will be utilized [...] Continue Reading »

Consumer sentiment improves as realty players’ profits rise

Consumer sentiment improves as realty players’ profits rise
The Indian real estate surging with hopes and rise in net profit during the second quarter of the FY 2014-15. This was stated by most leading players in the industry. As most companies experiencing a rise in net profit during the second quarter of this FY, a muted growth continues for the listed real estate [...] Continue Reading »

Odisha CM assures swift redresssal of big project problems

Odisha CM assures swift redresssal of big project problems
Naveen Patnaik, chief minister of Odisha, has assured swift resolution of all problems plaguing big ticket projects in the state through a slew of measures and resolutions. In a path breaking development, Naveen Patnaik declared the state’s resolve to sort out and fix all issues related to big projects located in the state. This comes [...] Continue Reading »

Odisha aims at an influx of INR 5, 000 crore through investments

Odisha aims at an influx of INR 5, 000 crore through investments
Odisha is looking for strategic investments worth INR 5, 000 crore in the public infrastructure segment, through carefully tailored partnerships between the government and private players. Odisha chief minister Naveen Patnaik has set a target of INR 5, 000 crore with regard to investments in the public infrastructure space in the state. This will be [...] Continue Reading »

Industrial freight corridor from Delhi to Mumbai may positively impact office space demand

Industrial freight corridor from Delhi to Mumbai may positively impact office space demand
Office space demand may well rise positively in real estate markets owing to the proposed industrial freight corridor linkage between Delhi and Mumbai owing to rising infrastructure. The entire procedure for allotment of land has been concluded with regard to the very first phase of the spanking new industrial freight corridor linking Mumbai and Delhi. [...] Continue Reading »

Road and Transport Ministry awaits Environment Clearance

Road and Transport Ministry awaits Environment Clearance
Clearances have been received by The Ministry of Road Transport and Highways by the Environment board for the projects planned in states along the border. These projects will be handled by the state government which can lessen the burden and pile-up of files at the Centre which in turn will speed up the process. As [...] Continue Reading »

The Mahindra Group pins hopes on Government’s smart city development plan

The Mahindra Group pins hopes on Government’s smart city development plan
The Mahindra Group is one of the largest business conglomerates in the country and has recently pinned positive hopes on the Indian Government’s plan to build smart cities. According to latest developments, the $16.5 billion conglomerate, Mahindra Group is placing high hopes on the Indian government’s recent plan to create smart cities. The Group has [...] Continue Reading »

The Delhi government has lifted restriction on sale of leasehold properties

The Delhi government has lifted restriction on sale of leasehold properties
By making buying and selling of leasehold properties easy, the Delhi state government had made a welcoming movement, which is sure to bring cheers. This move is a big relief and would bring cheers to lakhs of property owners The Delhi state government has finally relaxed the prohibitions in connection with the sale of leasehold [...] Continue Reading »

Shendre-Bidkin and Dholera to be Smart Cities

Shendre-Bidkin and Dholera to be Smart Cities
By March 2015, the government plans to issue tenders for turning Dholera and Shendre-Bidkin to smart cities. These two areas are in the Delhi-Mumbai Industrial Corridor (DMIC). Pioneering the ushering move for Smart cities, Shendre-Bidkin and Dholera are expecting great changes in the days to come. Shatrughna Singh, the additional secretary of DIPP has made [...] Continue Reading »



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