Realty News
In the coming months if past trends are any indication, real estate prices around the newly commissioned Metro line are expected to rise. MG Road Baiyappanahalli Metro line, which was commissioned in October 2011, has witnessed a great hike in property rates on either of the side. In the words of Industry Prices rose by [...] Continue Reading »
According to Economist Intelligence Unit’s (EIU) 2014 ‘Worldwide Cost of Living’ survey released in London, Mumbai has emerged as the world’s cheapest city to live in, followed closely by New Delhi at third place. Singapore has emerged as the world’s most expensive city. The survey is designed as a relocation tool that uses New York [...] Continue Reading »
Larsen and Toubro has bagged a contract to build a new four-lane bridge across Narmada river at Zadeshwar about 90 km away from Vadodra. The National Highway Authority of India (NHAI) awarded the contract after Hindustan construction company (HCC) failed to abide by the tender condition. NHAI estimates the project to be completed within 30 [...] Continue Reading »
The government will form two committees, to frame as well as scrutinize the rules relating to the new Land Acquisition Act, 2013 of the Centre. On Wednesday, Chief Minister Oommen Chandy said, that a monitoring committee and expert committee will be constituted at state level to frame the relevant rules in connection with the new Act. [...] Continue Reading »
Nearly 300 crore has been invested in real estate projects in the State by Primarc Group, which runs the ‘Crossword’ franchisee in West Bengal. At least six projects across the IT-township of Sector V in Salt Lake Kolkata are already under various stages of construction in proper and other fringe areas and suburbs like Birati [...] Continue Reading »
Investments and waning investor interest, both award and construction of centrally-assisted roads including national highways has faced a big dropdown and due to this their targets have been lagged by a massive margin in 2013-2014. As per the ministry of road transport and highways (MoRTH) information, at January-end this economical, building of these roads stood [...] Continue Reading »
E M Sudarsana Natchiappan, the Union minister of state for Commerce & Industry had said that the Centre had initiated a dialogue with Japan to support the monorail project in Tamil Nadu. The minister, giving further details, said the Centre had requested the Japan International Cooperation Agency (Jica), a governmental agency of Japan, to fund the project. [...] Continue Reading »
One of the most ambitious infrastructure projects in Delhi, the signal-free road corridor from Vikaspuri to Waziarbad may miss its deadline. The four mini-projects related to the entire stretch, also known as the East-West Corridor, are also experiencing delays. Public Works Department cite “environmental issues” as the reason for the delay. They are saying that [...] Continue Reading »
Goa government is making an effort to unlock the land under Special Economic Zone to boost industrial development in the state. Governor B V Wanchoo informed that making adequate land available for industrial development is a huge challenge before the government. He was addressing the state Legislative Assembly session. He said the government is making [...] Continue Reading »
For setting up of satellite townships, 22 proposals have been received from the parties still the state government is in a dilemma on whether to permit the purchase of land in the name of the investor or hold its ownership so that there is little scope for circumventing various land laws. Though there is no [...] Continue Reading »
