Projects
On the 24th of June at Faridabad, the developmental works within the city have stopped because of the dues of contractors hired by the Municipal Corporation of Faridabad. The dues have their expensive ranges have been held up since the January 2013. The piece of information was given away by the spokesperson for the Municipal [...] Continue Reading »
Bharat Biotech which is based in Hyderabad has been pulled up by the Odisha Industrial Infrastructure Development Corporation because of its lack of initiatives to begin with the procedure of construction on the project of the biotech park. Even though land had been leased in the month of November of last year to the developer, [...] Continue Reading »
There is a good surge in demand for commercial and residential properties in Chennai. This is clearly evident with the decision taken by Blackstone Group Lp to invest Rs 175 crore in a housing project in Chennai after making several investments in rent-yielding commercial assets earlier. Bangalore-based Ozone Group is developing the mixed-use (Residential, Commercial [...] Continue Reading »
The NCP chief Sharad Pawar seems to be extremely concerned about the growth of Maharashtra and mentioned that he supports the concept behind controversial Lavasa lake city project. He also mentioned that there are 26 unpopulated sites near water bodies in Maharashtra that could be developed on the lines of English tourist towns. The project of [...] Continue Reading »
In Chandigarh, the empowered committee of the Punjab Government gave approval to reduce the cancer relief fund from 0.5 per cent to 0.25 per cent (maximum Rs 25 lakh) if there is a delay in mega projects. The committee also increased the permissible period of delay from one year to two years. Chief Minister of [...] Continue Reading »
Adani Group seems like it’s launching projects in a hurry, with talk of so many projects in the pipeline, just waiting to be launched. On the day of the election results, after Modi came out victorious, Adani Group announced their Rs 4,400-crore acquisition of the Dhamra port. Only a week after this announcement, Adani Realty, [...] Continue Reading »
A report by property consultant Jones Lang LaSalle throws light on the matter. According to the report, the elderly population is expected to grow to 173 million by 2025 and senior citizens are now being looked at as a potential real estate market. The report explains a lot of senior citizens are independent, financially stable, [...] Continue Reading »
A unique and exclusive housing finance Branch has been opened in Ernakulam by the State Bank of Travancore (SBT). As per the statement of spokesman no other public sector bank in India operates such a branch anywhere in the country. For all housing, interior modification/beautification plans and other top-up loans for housing, it will be [...] Continue Reading »
Atul Auto Rajkot-based three wheeler manufacturers will be setting up new production facility near Ahmedabad with a capacity of 60,000 units per annum. The auto company is looking for land in Sanand and on the Bagodara-Vasad expressway and will invest Rs 100 crore for the project. “We are looking for locations around Ahmedabad. We are [...] Continue Reading »
In the phase of recession in real estate sector, the surat city developers have not stopped developing new residential buildings. In this financial year the civic body approved 680 plans of new construction which is double than approved in three year ago. In the year 2010-11 Surat Municipal Corporation (SMC) Town planning (TP) department had [...] Continue Reading »
