Realty News
The ongoing infrastructure development drive of the Tamil Nadu Government will apparently help bring about an improvement in the order inflows of construction companies in the coming months. With the project structure of the Madurai-Tuticorin industrial corridor having been approved by the Tamil Nadu Government, the order books of a number of construction and infrastructure [...] Continue Reading »
Union Minister for Surface Transport, Highways and Roads, Nitin Gadkari, accompanied by MOS, Prime Minister’s Office, Dr Jitendra Singh, met Governor NN Vohra here at Raj Bhawan today. Gadkari and the Governor discussed issues relating to the aftermath of the devastation caused by the floods, particularly the damage caused to the road network and washing [...] Continue Reading »
India finds itself in a piquant situation. While its population, and with it the number of poor, is growing, its cultivable land is not only shrinking, more worryingly, the economic returns of the agricultural use are diminishing vis-a-vis non-agricultural use. The situation may not be alarming right now, but if it continues, India will soon [...] Continue Reading »
Investments in Special Economic Zones (SEZs) declined as a result of introduction of Minimum Alternative Tax (MAT) and Dividend Distribution Tax (DDT), which led to negative investor sentiments, a study commissioned by the Commerce Ministry has said. Moreover, products manufactured in the zones have become non-competitive in the domestic tariff area (rest of the country) [...] Continue Reading »
The Delhi government is mulling a proposal to provide a direct link between Lutyens Delhi and the Indira Gandhi International Airport (IGIA). This proposal is being considered keeping in mind the increasing traffic volume on the route over the years. A lot of traffic from the VIP area moves towards the airport and vice-versa, leading [...] Continue Reading »
Narela could be the next major housing hub in the capital with DDA focusing its resources on developing over 20,000 flats here over the next 2-3 years. The Authority has listed more than 6,500 flats of the total of 25,000 flats offered in its current scheme in Narela. Now, in a presentation made to the [...] Continue Reading »
Farmers of 15 villages in Greater Noida have threatened a stir beginning next week if they are not exempted from toll on the Yamuna Expressway and DND flyway. In a mahapanchayat held in Raunija village on Sunday, farmers announced the move and said it was unfair that they had to pay for roads that have [...] Continue Reading »
The chairman of India’s largest investor, Life Insurance Corporation of India (LIC), said on Thursday he saw few red flags ahead, betting on a long-term rally for the country’s stock market under a new pro-business government. India’s equity market has outperformed emerging market rivals this year, thanks to overseas fund interest fuelled by Prime Minister [...] Continue Reading »
In a recent interview with exchange4media, CommonFloor.com Sumit Jain and Vinayak Warke talked about how the property portal has, over the last seven years, emerged as the one-stop shop for real estate. Jain is the co-founder and CEO of CommonFloor.com; while Warke is the property portal’s Vice President (Marketing). Jain – who has studied Computer [...] Continue Reading »
Even as resentment continues to prevail over the acquisition of land for the Rajpura thermal plant and a Siel Chemicals unit by the state government, the Punjab Urban Development Authority (PUDA) has initiated a project to acquire another 1,055 acres near Patiala city. The land will be used to construct Urban Estate, Phase IV, and [...] Continue Reading »
