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Realty News

Highway builders demand clearances before inviting bids

Highway builders demand clearances before inviting bids
New Delhi- The highway builder’s apex body, NHBF has written to the Prime Minister seeking to direct NHAI to invite bids only after land acquisition and other clearances are put in place. The letter stated that the sector is going through a difficult phase with a large number of projects yet to achieve financial closure. While [...] Continue Reading »

TMC plans land grab in Nandigram: Residents unhappy

TMC plans land grab in Nandigram: Residents unhappy
Kolkata- Trinamool Congress (TMC) led Zilla Parishad has issued a notice for land acquisition in Nandigram which has made the residents unhappy. The residents, whose land is supposed to be acquired by TMC, have clearly said that unless proper compensation is not given, they will not give the land for road development. Some residents alleged [...] Continue Reading »

DS-Max: A new residential project by DS-Max Properties

DS-Max: A new residential project by DS-Max Properties
DS-Max Sunshine, the new residential project by DS-Max Properties, is located at Thanisandra. The project is expected to get completed by the end of 2014. A unique blend of quality and lifestyle, DS- Max Sunshine offers a desirable blend of a prime location and state of the art amenities and facilities. The project is planned [...] Continue Reading »

Lease on plots in Mumbai expired long back, still fetches revenue

Lease on plots in Mumbai expired long back, still fetches revenue
The 40% of government leases of the plots in Mumbai have expired long back, some as far back as the 1950s. Of the 1,282 plots leased, the lease of 532 plots had expired and the government has not bothered to renew it. 51.66 lakh sq mt of leased land situated in South Mumbai is fetching [...] Continue Reading »

Soaring realty prices shatter dream of owning home for middle class

Soaring realty prices shatter dream of owning home for middle class
The upwardly rising  housing budget is expected to make the dream of owing a home difficult for the middle class and the lower income groups in India. The skyrocketing realty prices along with the increasing registration and the construction costs have compelled most of the buyers to opt for a rented house rather than investing  in a [...] Continue Reading »

Mangalore real estate continues to boom

Mangalore real estate continues to boom
The real estate sector in Mangalore and surrounding areas are booming with the builders announcing more projects, causing a rapid urbanization. In the past few weeks, three projects were launched near Gandhi Park. According to a real estate expert, the growth of the real estate in Mangalore is because of the entry of reputed developers such [...] Continue Reading »

UP budget promises metro

UP budget promises metro
Lucknow- The announcement of state budget highlighted the much promoted metro rail project in Lucknow. Although the budget did not specify the allocated amount but the Chief Minister assured speedy process of its implementation. The original estimated cost of this metro project was around Rs 16,000 crore. According to the sources the cost of Lucknow [...] Continue Reading »

Gujarat govt extends deadline, decreases impact fee

Gujarat govt extends deadline, decreases impact fee
Ahmedabad- Along with cutting off impact fee, the Gujarat’s Urban Development Department has also extended its deadline by another month. February 19 was the last date for filing applications. The state government has offered a last chance to those who have not yet filed their impact fee applications for regularization of unauthorised constructions, under the [...] Continue Reading »

State government approves Churchgate-Virar rail project

State government approves Churchgate-Virar rail project
Maharashtra Government has recently given green signal to the Churchgate-Virar rail project. The elevated corridor project is meant to ease the city’s suburban rail traffic. The announcement of the approval was pending for quiet a few days. The Rs 21,000 crore budget project will be implemented by the railways and the state government would help in land [...] Continue Reading »

Opening of Kalindi Kunj Bridge comes as relief for commuters

Opening of Kalindi Kunj Bridge comes as relief for commuters
The opening of Kalindi Kunj Bridge has not only come as a relief for thousands of commuters, but senior Delhi traffic police officers also said that they are relaxed as the situation has become better than before the repairs began. For the last two months, commuters have been facing massive traffic issues across different routes [...] Continue Reading »



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