Realty News
With a Bandra-based builder – Innovative Construction Pvt Ltd – allegedly excavating of a portion of the Worli Hill, residents have expressed the concern that the move will apparently pose a risk to the Brihanmumbai Municipal Corporation’s (BMC) existing 22 million litre capacity reservoir atop the hill. According to the Worli Hill residents, a compound [...] Continue Reading »
It is to be brought to notice that US companies have plenty to offer for India, USA’s minister counsellor for commercial affairs, John McCaslin, in a recent statement said that a core group of 30 US companies have expertise in IT-enabled services and data analytics, which are some of the major crucial elements for developing [...] Continue Reading »
The Real Estate Investment Trusts will be helping to attract more funds into the realty sector and there is no need to provide more tax concessions for it. One of the senior government officials made this statement yesterday. REITs and Infrastructure Investment Trusts (InvITs) are being expected to bring in more global investment and also [...] Continue Reading »
The increase in India’s e-commerce sector has led to the sudden increase in demand for warehousing space from online retailers which leased about 6 lakh sq ft areas in the first half of 2014, according to property consultant CBRE. The leasing activities in the logistics and warehousing market remained steady as large sized transactions of [...] Continue Reading »
On Thursday the Noida authority has issued a 15-days ultimatum to the five builders and has asked them to stop work on their projects or they would face demolition, triggering panic among hundreds of homebuyers. The authority said the housing projects that are located in Bhangel Village near Sector 84 were not approved by the [...] Continue Reading »
The Delhi Development Authority (DDA) and Delhi Transport Corporation (DTC) have told the Delhi High Court that the row over allotment of land for shifting the 50-acre Millennium bus depot will be resolved soon. In a meeting that was held last Thursday by the Delhi chief secretary on the issue of allotment of land was [...] Continue Reading »
The Metro viaduct that is located in between the South Campus and Delhi Cantt Metro stations of the under-construction 59-km-long Majlis Park-Shiv Vihar corridor is being looked at as a major engineering achievement for the Delhi Metro Rail Corporation (DMRC), as the viaduct will be constructed without hampering the movement of trains on the Airport [...] Continue Reading »
The Jaipur Development Authority which is completely armed with the foolproof security arrangements stated that will be starting the process of the taking over of land for it’s the hyped ring road project from Thursday onwards. The Senior JDA and police officers on Wednesday stated that they visited the Bagrana on Agra road from where [...] Continue Reading »
The several owners of the unauthorised structures especially in the core, restricted and green areas in Shimla cannot be denied the benefit of the one-time relaxation in getting their unauthorised buildings regularised as the Cabinet stated that they are likely to exempt these areas from the benefit. A rethink has been done on the issue [...] Continue Reading »
The Hospitality chain The Best Western Group last day made an announcement that the opening of a budget property Ashoka Hitec City that is going to be coming up in the IT hub of Hyderabad. Gaurav Sarin who is the Associate Vice President, Business Development Best Western India, said, that Hyderabad is rich in Indian [...] Continue Reading »
