Realty News
Uttar Pradesh- Although the initiatives taken by the state government were applauded by the leaders of Corporate and Industry sectors but there were few things left to work upon for infrastructural development. Thus a presentation was made by government in this regard. This presentation included various features like construction of International airport at Kushinagar and [...] Continue Reading »
Many well-to-do investors who have invested money into real estate bonds to get higher returns from a secured investment have been taken aback due to a default in a property debenture since the turbulent days of 2008-09. A month-and- a half ago, a Bangalore based realtor, failed to pay the interest rate on time. While [...] Continue Reading »
Chennai- The ambitious project at Vyasarpadi is about to get completed very soon. This flyover will connect Chennai with the Kolkata highway (NH5). It is a four lane highway that will ease the traffic flow in the Chennai city’s northern neighbourhood. This highway is Y shaped which is a lookalike to the flyover at Rangarajapuram [...] Continue Reading »
Godrej Group, one of the big players in fast moving consumer goods and consumer durable sector, is now heavily investing in the real estate sector and they are expecting it to be their largest business in the next 10 years. The $3.2 billion Godrej Group chairman said that in past few years, the company has [...] Continue Reading »
New Delhi- The Ministry of Urban Development (MoUD) has been planning to set up metro rail in 34 cities which have a population of over one million. MoUD has come up with a consolidated new metro railway policy which will focus on both public-private partnership and government funding models for the reference of state governments. [...] Continue Reading »
After selling of the non core realty assets, DLF is planning to to launch up to 15 million square feet of new projects next fiscal. Aman resorts, luxury hospitality chain and Mumbai land, which is non-core assets, have been sold by DLF for around 4,400 crore. This is included in their “wind energy” venture of [...] Continue Reading »
A private developer in Noida has been landed in trouble for violating the National Green Tribunal’s order, as the NGT has banned the extraction of ground water for construction activities. Noida Authority has set up a task force to examine few sites of the private developers to stop pulling out the groundwater for use. They [...] Continue Reading »
If the government approves the plan by private developers to build high rise condominiums and 15 to 17 story buildings with all the modern amenities, then in the coming years, outer Delhi’s skyline may change. To make the development uniform and well planned, the government is planning to finalise the rule for “land pooling”. The [...] Continue Reading »
New Delhi: Five metro stations will remain closed for few hours today on account of the Beating Retreat ceremony in Delhi, said an official of Delhi Metro. The metro stations that will be closed are namely, Central Secretariat, Patel Chowk, Khan Market, Race Course and Udyog Bhavan. They will be closed from 3 pm to [...] Continue Reading »
The Noida Toll Bridge Company Limited (NTBCL) has decided that the Delhi Noida Direct (DND) flyover will be free from toll tax in order to prevent the long traffic jam in the peak hours till February 22. This is requested by the police so that long queues can be avoided. After a meeting with the [...] Continue Reading »
