Realty News
Andhra Pradesh Chief Minister N Chandrababu Naidu will inaugurate the IT incubation centre at Rushikonda here on September 29 and on the same day a major seminar on IT development will also be held, according to State HRD Minister G. Srinivasa Rao. He said here on Wednesday that an IT start-up centre would also be [...] Continue Reading »
The first hundred days of any government in power might be too short a time frame to judge success or failure, but it is long enough to assess the direction of policies the government is rooting for. From this point of view, the real estate industry has reasons to be optimistic. The annual budget itself [...] Continue Reading »
Enthused by the promise made by chief minister N Chandrababu Naidu of an investor-friendly regime in AP, technology titan Wipro is expanding its Vizag campus. The company has sought the nod from the Union commerce ministry for setting up a new SEZ in AP. As per company filings with the commerce ministry, Wipro holds 1.22 [...] Continue Reading »
Larsen and Toubro Ltd (L&T), the company building the Rs 16,375 crore Hyderabad Metro rail project, has threatened to pull out because of issues relating to project viability and non-availability of right of way. L&T proposed that the government of Telangana (GoT) take over the project and the underlying contract from the concessionaire in a [...] Continue Reading »
Now Delhiites can get their properties converted from leasehold to freehold even without a sanctioned building plan. The same can now be achieved through a copy of house tax assessment order or proof of permanent electricity connection. The Delhi Development Authority (DDA) on Wednesday passed this order in a bid to clear around 1,000 such [...] Continue Reading »
The promise of cheaper and quick delivery of housing units by the Delhi Development Authority (DDA) under its current housing scheme could be attributed in part to prefabricated technology, commonly referred to as ‘Prefab’. Over 19,000 housing units are being made by the DDA under the now-open mega-housing scheme using the prefab or off-site technology. [...] Continue Reading »
The Delhi High Court on Wednesday directed the three municipal corporations to formulate an action plan and offer suggestions for dealing with unauthorised constructions, especially buildings identified as illegal, in consultation with other agencies dealing with urban development and water and power supply. The commissioners of the corporations – East, South and North – appeared [...] Continue Reading »
Hiranandani Developers recently launched a residential project called Rodas Enclave at Hiranandani Estate in Thane. The project will comprise two BHK to five BHK apartments and the price will range between Rs 1.6 crore (for a two BHK) and Rs 8 crore (for a five BHK). Located in the vicinity of Ulhas River, Rodas Enclave [...] Continue Reading »
L&T Metro Rail Hyderabad Limited and the Telangana Government are on a collision course regarding the Rs 14,132 crore metro rail project, with the former even suggesting that the State take over the project. Contending that the project viability is being challenged by delays in securing clearances having a huge impact on the project financial [...] Continue Reading »
Giving an impetus on increase in industrialization process State Government has asked officials to simplify the land acquisition process so that the private investors could get land easily without any hassle. The need of the hour is to simplify the land acquisition process for industrial units and for that all the development authorities should develop [...] Continue Reading »
