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Realty News

Connectivity improvement needed in J&K

Connectivity improvement needed in J&K
In a bid to improve connectivity in Jammu and Kashmir (J&K), the minister for rural development Nitin Gadkari on Wednesday approved 28 rural road projects worth Rs.438 crore, a government statement said. The roads are to be constructed in the Leh and Kargil districts in the Ladakh region of Jammu and Kashmir under the Pradhan [...] Continue Reading »

NH-95 maintenance work to start off

NH-95 maintenance work to start off
Chief Minister Prakash Singh Badal today urged Union Minister for Shipping, Road Transport & Highways Nitin Jairam Gadkari to ask the National Highways Authority of India (NHAI) to take over the stretch of the NH-95 within the MC limit from the Municipal Corporation, Ludhiana, for its maintenance and widening. In a letter to Gadkari, the [...] Continue Reading »

DLF to lose land holding

DLF to lose land holding
The fine print of the Punjab and Haryana high court’s September 3 order, cancelling allotment of 350 acres of land in Gurgaon to real estate major DLF, has revealed a startling fact. A major chunk of the land belonged to DLF and its sister companies as way back as 1991. It was acquired through exchange [...] Continue Reading »

Suchirindia commissioned new budget hotel in the city

Suchirindia commissioned new budget hotel in the city
Suchirindia, the real estate, hospitality and Infrastructure Company, is set to commission a budget hotel in the city before the end of the year and Club Republic, the latter positioned as a music-cum-entertainment zone. Y. Kiron, CEO and MD of Suchirindia, said the company is again getting back to mainstream real estate later a prolonged [...] Continue Reading »

Amballoor electronic park construction being delayed

Amballoor electronic park construction being delayed
Two months after chief minister Oommen Chandy promised to speed up land acquisition for the Amballoor electronic park, the state government has not issued the order to Kerala State Industries Development Corporation (KSIDC), which has been entrusted with the task of purchasing land directly from landowners. The government had decided to involve KSIDC in acquiring [...] Continue Reading »

Environment Ministry reviews green model checklist for border highway projects

Environment Ministry reviews green model checklist for border highway projects
For highways projects in India’s border states, a model green checklist is being reviewed by the Environment Ministry. The move is being undertaken with the aim of expediting the environmental clearance process for infrastructure projects in the border areas of the country. A statutory expert appraisal committee reviewing border infrastructure projects has prepared a checklist [...] Continue Reading »

Govt to unveil new measures to revive SEZs

Govt to unveil new measures to revive SEZs
At the Commerce Department’s Wednesday briefing, in New Delhi, to mark ‘100 days’ of Narendra Modi’s government, Commerce and Industry Minister Nirmala Sitharaman said that new measures will soon be announced by the government to revive Special Economic Zones (SEZs). In an apparent attempt to give the SEZs a new look, the government is working [...] Continue Reading »

Karnataka Govt keen to develop/upgrade existing towns and cities as ‘smart cities’

Karnataka Govt keen to develop/upgrade existing towns and cities as ‘smart cities’
In a recent statement made in the Karnataka State Secretariat, Vinay Kumar Sorake – Karnataka’s Minister for Urban Development – said that the State would prefer to develop or upgrade existing towns and cities as ‘smart cities’ instead of creating new greenfield cities. With the Union Government not having laid down any guidelines or formula [...] Continue Reading »

BKC set to become first ‘smart district’ in Mumbai

BKC set to become first ‘smart district’ in Mumbai
The first ‘smart district’ in Mumbai will probably be the Bandra-Kurla Complex (BKC). For the completion of the BKC ‘smart district’ project by the end of this fiscal year, the authorities have called for bids for the project. The MMRDA’s plans with regard to the ‘Smart BKC’ project chiefly include the provision of five services [...] Continue Reading »

AP govt unveils comprehensive electronics policy

AP govt unveils comprehensive electronics policy
A wide-ranging electronics policy has recently been unveiled by the Andhra Pradesh government, in an evident effort to capture a large chunk of the fast-growing market for electronics in India. The unveiling of the comprehensive electronics policy by the AP government comes against the backdrop of the fact that the demand for electronics is projected [...] Continue Reading »



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