Realty News
Several weeks after some of the officials were beaten up so badly that they had to be hospitalized following an anti-encroachment campaign; the Municipal Corporation of Gurgaon (MCG) has decided to request the state government for a dedicated police force during the anti-demolition drives. The offficials say that over 669 acres of the 3663 acres [...] Continue Reading »
The Environmentalist Mahendra Pandey, on Monday has filed a petition with the National Green Tribunal (NGT) against an upcoming ‘group housing scheme’ in the Sector 150 ‘Sports City’, that is being promoted by Noida Authorities. They have claimed that the housing scheme disregards the Authorities own Noida Masterplan. Mahendra Pandey has claimed the plot falls [...] Continue Reading »
The revised set of taxes will be imposed first on the newly constructed buildings as decided by the city corporation officials. The present tax regime will be coming into force from the month of August. The old buildings which are being allotted by the new TC numbers will be brought under the regime only during [...] Continue Reading »
The City and Industrial Development Corporation (Cidco) has recently launched a web-based tracking system for all its legal cases. The legal and IT department have joined hands to introduce the new system. This new system is being described as ‘business processing re-engineering’. It is the initiative of the MD and joint MD, with help from [...] Continue Reading »
The central government which is being led by NDA is in process of allotting a 7000 sq metre plot in Lutyen’s Delhi to Gujarat for the construction of another bhavan (guesthouse), a demand that had been rejected earlier by the UPA regime. Soon after taking over as the Gujarat Chief Minister, Anandiben Patel had written [...] Continue Reading »
A team of senior officials of the Software Technological Parks of India (STPI) has come to have zeroed in on 2.78 acres, about 16km from Bokaro city, in order to set up a technology park. The two-member team, including the STPI assistant director Siddhartha Kumar Rai have agreed on the land which is belonging to [...] Continue Reading »
The board of approval (BoA) for the special economic zones (SEZs) has decided to cancel all formal approvals that had been given to the 27 of these zones, including those which was proposed to be developed by the Reliance Infocom Infrastructure, Emaar MGF Land and Sail, after noting that the progress that has been made [...] Continue Reading »
The Vijayawada Municipal Corporation which has remained cash starved for long is planning to revise the property tax for both residential and commercial properties in the city. Authorities are likely to be presenting the proposal during the first meeting of the VMC council which is slated to be held this Wednesday. There are around 13 [...] Continue Reading »
The Deputy Chief Minister Ajit Pawar who had a wish for Cidco to pay PWD Rs 1,220 crore so that there is no need for the Kamothe toll plaza may remain unfulfilled. The Cidco administration is in no mood to part with even a penny. Its officials say that the agency is a self-sustaining commercial [...] Continue Reading »
Private equity (PE) investor Milestone Capital Advisors Ltd plans to raise a Rs.700 crore fund from the domestic investors this year and invest the proceeds in the real estate sector. The market conditions are conducive and for the last three months they had been speculating to increase the proposed fund size from the Rs.500 crore [...] Continue Reading »
