Realty News
The Cochin International Airport Ltd (CIAL) has been focusing to collect revenue of Rs. 3,000 crore in the next 10 years. To achieve the targeted revenue, CIAL has to focus on three major areas. According to them, target should be achieved by better and outstanding services to passengers, diversification of business activities and achieving self-reliance [...] Continue Reading »
Aadhar Housing Finance Ltd announced launch of its operations in Gujrat. The company will provide housing finance to the lower income segments whose monthly income is between Rs. 5,000 and Rs. 25,000. Currently, the company operates in seven states. Kapil Wadhawan, Chairman informs that it has begun operations in Gujrat with nine branches. Adhar housing [...] Continue Reading »
In highway projects, the Centre needs to re-analyse public-private partnership (PPP), such that primary spadework and the garnering of statutory approvals is done by the government, before inviting bids. Or else, the absolute uncertainty over environmental, forest and other clearances would not just incredibly delay projects, however also unnecessarily shoot up costs and, indeed, make [...] Continue Reading »
Recently, Tata Housing declared it is planning to invest Rs.1, 200 crore for developing 13 housing projects for senior citizens in the next five years. In Bangalore by the name of Riva Residences, the company had already launched its first project and work for similar projects would soon commence in more cities, including Chennai, Ahmedabad, [...] Continue Reading »
The Karnataka government hopes in tier-II cities infrastructure will be up to expectations by 2017. M Maheshwar Rao, addressing the CII-Karnataka’s State Council meet on ‘Karnataka for India’s Growth Story’ says, “The State government is committed to creating more jobs in manufacturing sector. The aim is to return the sector on a growth path of [...] Continue Reading »
Kamala Market in Delhi may soon give way to a high-rise commercial complex. The North Delhi Municipal Corporation has plans to replace the 60 year old market, named after the wife of first Prime Minister Jawaharlal Nehru. NDMC Standing Committee Chairman Mohan Bhardwaj informs that by replacing market like Kamla nagar with modern commercial complexes, [...] Continue Reading »
Two road projects in Karnataka and Maharashtra, which entail a cost of Rs 4,139 crore, have been started by IRB Infrastructure. IRB Infrastructure said in a filing to the BSE, that Rs 2,639-crore scheme for four-laning of a highway in Karnataka and the Rs 1,500-crore road widening project in Maharashtra are being implemented by company’s [...] Continue Reading »
Authorities will have to axe 45,500 trees and 39,000 poles, plants below 3 meters of height in jind to build wide roads. As there is a lack of space in the district still the National Highway Authority of India (NHAI) will spend a huge amount on the plantation of new sapling. As per the sources [...] Continue Reading »
The realty of state may be slowly going down for the people of Seemandhra, but for the realtors there’s no time to be lost. In last 15 days, the sector has seen massive activity with realtors in the Port City stating that the number of enquiries for purchasing property has grown up by nearly 25-30% [...] Continue Reading »
Kolkata-based Merlin group along with Kolkata metropolitan development authority (KMDA) is now developing Acropolis, the Rashbehari-EM bypass connector through a PPP model. The project is expected to redefine the skyline of the city’s burgeoning business district, spread across 6.5 acres, according to developers who are pumping Rs 400 crore into the project. Sushil Mohta, managing [...] Continue Reading »
