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Realty News

Software to deal with encroachments soon

Software to deal with encroachments soon
In the wake of land mafia and other influential people grabbing vast stretches of government land in prime locations in the city, the state government has finally woken up to assess the exact volume of land encroached and now want to take steps to free the properties. In a recent meeting of city management group [...] Continue Reading »

Negative outlook on Indian infrastructure sector maintained by India Ratings

Negative outlook on Indian infrastructure sector maintained by India Ratings
Credit rating and research agency, India Ratings & Research recently said that the overall outlook for the infrastructure sector remains negative for the financial year 2014-2015. The agency is of the view that the outlook for power projects, barring renewables, remains negative, while highways sector remains stable in pockets. The agency said that it does [...] Continue Reading »

COMMERCIAL SPACE in DEMAND IN PBDs

COMMERCIAL SPACE in DEMAND IN PBDs
Bangalore has always been an attractive destination for occupiers, but now, with its landlocked area, competitive rentals and infrastructure initiatives, the Peripheral Business Districts (PBDs) of Outer Ring Road (ORR) and Whitefield have been performing well and garnering some serious interests. More recently, north-east and north Bangalore have also come into prominence. Good connectivity and [...] Continue Reading »

Tamil Nadu gears up to improve infrastructure; plans to spend Rs.13,000 Crores

Tamil Nadu gears up to improve infrastructure; plans to spend Rs.13,000 Crores
The Tamil Nadu government is giving a lot of thought to the infrastructure development of the state to promote industries. The state government presented a no new-tax budget for 2014-2015. This move to promote industries amidst a “failing macro environment” is being taken to support the economic growth in the state. The government has decided [...] Continue Reading »

Five-day special camp by DDA for mutation

Five-day special camp by DDA for mutation
Converting the property from leasehold to freehold is a very big problem for residents. DDA has announced it is holding a five-day special camp at its headquarters, starting 17th Feb, Monday. DDA Vice Chairman Balvinder Kumar pointed out that due to existing stringent policies of DDA, there are nearly four lakh pending cases of conversion. [...] Continue Reading »

Conference on challenges in urban cities hosted by ICC

Conference on challenges in urban cities hosted by ICC
The event marked the presence of students, government officials, teachers and experienced architects together in order to discuss about various issues being faced by the urban city and how to find the necessary solution to tackle it in this decisive six sessions of interactions. Present to grace the occasion were President of ICC, Managing Trustee [...] Continue Reading »

HUDA chief to receive emails directly from the complainants

HUDA chief to receive emails directly from the complainants
HUDA has come up with a novel approach to act swiftly on the complaints of the consumers. In one of its kind of steps, the agency has opened a new email account to receive complaints from residents. In the words of HUDA administrator, PC Meena, “Anyone can mail the complaint at hudagurgaoncomplaints@gmail.com with their details [...] Continue Reading »

Neptune, Lodha look to buy Gammon India Mumbai plot

Neptune, Lodha look to buy Gammon India Mumbai plot
Mumbai-based Neptune Group and Lodha Developers are looking to Gammon India’s 185 acre land in Dombivli. They have also submitted their offers for the same. The plot is about 185 acre in size and was put on the block in mid 2013. It has been learnt from the sources that the offer of the Neptune [...] Continue Reading »

Stakeholders move close to remove Gurgaon toll plaza

Stakeholders move close to remove Gurgaon toll plaza
Good news for all Delhi-Gurgaon travellers; the toll plaza on the Delhi-Gurgaon expressway could be just a week or two from being removed as both the present operator and the lead bankers have agreed to all but one of the proposals for sharing liabilities The only issue need to be fixed is on some additional [...] Continue Reading »

2 held in case of illegal building in Belapur

2 held in case of illegal building in Belapur
Three persons have been accused of forging documents and signatures to construct an illegal four-storey building in Belapur. A police complaint has been registered by town planning department of Navi Mumbai Municipal Corporation (NMMC). Two brothers — Narayan Chavan (70) and Khimaji Chavan (62) – have been arrested by the CBD police for constructing the [...] Continue Reading »



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