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Realty News

HMR stated to construct 200 skywalks

HMR stated to construct 200 skywalks
Hyderabad Metro Rail (HMR) today said it would construct 200 skywalks, which will be linked to various metro stations, on the lines of Bangkok model. HMR Managing Director N V S Reddy said at the sidelines of an event here that as many as 200 skywalks (pedestrian’s elevated walk space) will be constructed below the [...] Continue Reading »

Roads in the city of Chennai to meet reconstruction

Roads in the city of Chennai to meet reconstruction
Almost all roads in the city, including arterial stretches such as Poonamallee High Road and bus route roads in areas like Nungambakkam and Kodambakkam, could be re-laid with concrete in two years if things go according to the corporation’s plan. The mayor and a team of engineers will meet on Tuesday to discuss the project [...] Continue Reading »

Delhi Rent Act 1995 might face amendment

Delhi Rent Act 1995 might face amendment
The Delhi high court on Tuesday asked the new government at the Centre to clarify its stand on the implementation of the amended Delhi Rent Act, 1995. A division bench of Justice Badar Durrez Ahmed and Justice Siddharth Mridul directed the Centre to place its stand on the politically sensitive issue. Successive governments have shied [...] Continue Reading »

KDA to construct 600 plots

KDA to construct 600 plots
Kanpur Development Authority will soon make available 600 plots for people under Highway Extension and Shatabdi Phase III scheme. The KDA additional secretary had decided to float 112 plots under Highway Extension and around 500 in Shatabdi Phase III Scheme. Under Highway Extension part-2, the authority had identified 23 MIG (112.50 metres of plot), 65 [...] Continue Reading »

From milk seller to a business man

From milk seller to a business man
In just over 30 years, Nirmal Singh Bhangoo, the man behind Pearls Agrotech Corporation Ltd (PACL) which has been asked to return Rs 49,000 crore to its investors by Sebi by November this year, has metamorphosed from a milk seller near the Attari border in Punjab to the owner of 1.83 lakh acres of land [...] Continue Reading »

VITS hotels eying six cities in Gujarat to set luxury hotels

VITS hotels eying six cities in Gujarat to set luxury hotels
Mumbai-based VITS Hotels is eying six cities in Gujarat to set up luxury hotels and expand its base, the company said on Wednesday. VITS Hotels, which opened its first property under the VITS brand at Ankleshwar in Gujarat last month, currently has eight hotels under this brand. Its six more proposed hotels in Gujarat would [...] Continue Reading »

CBI might soon interrogate another director of Saradha group

CBI might soon interrogate another director of Saradha group
The CBI may very soon interrogate Debika Das Gupta, one of the directors of Saradha Realty Pvt Ltd. Das Gupta, who started as a trainee but became one of the directors of the company within four years, was allegedly responsible for managing Sudipta Sen’s land in Odisha and West Midnapore. The CBI and ED officials [...] Continue Reading »

Presidency Infraheights launches new project

Presidency Infraheights launches new project
Real estate developer Presidency Infraheights Pvt Ltd has announced the launch of its first flagship, 100 percent FDI-funded project ‘Presidency Heights’, stated to come up in the Sector 25, on Yamuna Expressway. Presidency Infraheights is also committed to make sectoral investment of Rs 2000 crore in the region. The Rs 350-crore project will be spread [...] Continue Reading »

Bids invited for feasibility study of 40-km Chennai-Chengalpattu elevated corridor

Bids invited for feasibility study of 40-km Chennai-Chengalpattu elevated corridor
The construction of a 40-km elevated corridor is being considered by the Chennai Metropolitan Development Authority. The corridor has been planned from Chennai to Chengalpattu along the GST Road. Specifically speaking, the 40-km stretch of the elevated road will be constructed along the Chennai Airport on the city’s outskirts to the toll plaza near Chengalpattu [...] Continue Reading »

Naidu: Union Govt ready to sanction ring metro rail service for Mumbai

Naidu: Union Govt ready to sanction ring metro rail service for Mumbai
In an announcement made in Mumbai on Tuesday, Union Urban Development Minister Venkaiah Naidu said that the Union Government is ready to give its requisite approval to a ring metro rail service for the city, as well as its neighbouring areas like Thane, if the Maharashtra Government moves such a proposal. Naidu reiterated the Union [...] Continue Reading »



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