Realty News
Canopy Estates Pvt Ltd is coming up with its new mixed use high rise development project ‘Canopy Classic’ which is located off the Outer Ring Road in Ramamurthy Nagar. The advantage of this project is that it can be easily accessed from three key areas – Outer Ring Road (200 m), Indiranagar (4 km) and [...] Continue Reading »
National highways built with 100% government funding should have full toll tax for a maximum 30 years, proposed the center. The proposal also says that after 30 years of toll collection, the charges will be reduced by 60% and in case the government has recovered the investments early, the toll charges will become incrementally less. [...] Continue Reading »
New Delhi- Real estate being beaten by decreasing demand owing to high interest rates and economic slowdown has demanded for infrastructure status for the housing sector in the Budget for 2013-14. If given the infrastructure status, the sector would gain of tax benefits and easier flow of funds. At least the affordable housing sector should [...] Continue Reading »
Ahmedabad- Affordable housing sector, which is on hype in the last one decade, has emerged as an important issue in Ahmedabad. Knowing that the new development plan, which was due for more than a year, will be announced shortly, realtors are highly stressing on housing needs of the city. Developers are anxious as the new [...] Continue Reading »
Chennai- To ease the construction of more tracks for Asian Athletics Championship, Chennai Corporation legally expelled the residents from the land near Jawaharlal Nehru Stadium on January 19, 2013. The civic body claimed that the families were only shifted after due enumeration and they were also provided Aadhar card. In August 2013, Chennai will host [...] Continue Reading »
The finance ministry says that the Reserve Bank should allow the real estate companies and the broking firms to set up their own banks as adequate safeguard will be there to prevent the exposure of the promoters to the related entities. As per the sources, the firewall has been proposed to avoid undue influence of [...] Continue Reading »
New-Delhi- Unless the Army ensures to offer a gainful redevelopment plan to the Delhi Government, they will have to vacate a World War II barrack on prime land in Lutyens, Delhi. The Army was further asked to make the government’s intention clear about forfeiting the underutilized land in an overcrowded Capital. As per the Army, they are ready to vacate the Princess [...] Continue Reading »
New-Delhi- Situated at a distance of 30 km from Gurgaon, Dharuhera, a satellite city, emerges to be the upcoming realty sector in Haryana. Dharuhera which is located Rewari district of Haryana, is strategically placed on the NH-8 junction and SH-28 routing to Palwal. This city is expected to be the gateway to the Delhi-Mumbai Industrial corridor. [...] Continue Reading »
Lucknow- Two metro rail projects of Lucknow are likely to be assessed by the officials of Planning Commission and Delhi Metro Rail Corporation (DMRC). The officials would prepare an estimate of financial model under which the project could be executed. The two stations have been proposed to be built at Aminabad and Hussainganj. The team [...] Continue Reading »
Greater Noida- In a recent board meeting, the Yamuna Expressway Authority has decided to develop industries on portions of the land in Jewar which was proposed for an international airport during the BSP regime. However, the rest of the land patches will be left barren for future plans. During the BSP regime, a proposal to construct an international [...] Continue Reading »
