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The High Court (HC) has passed a judgment stating that there should be no prevalence of Land Acquisition. The Orissa high court on Friday declined to grant an interim stay on acquisition of forest land by state government for the Posco steel project in Jagatsinghpur district. The Chief Justice V Gopala Gowda and Justice B [...] Continue Reading »
The corporation officials in Chennai are inspecting across the city sealing illegal buildings. In the last two days, the Kodambakkam zone of the corporation sealed nearly four upcoming buildings in T Nagar and Arcot Road. The Basin Bridge zone officials locked up 7 buildings in North Chennai. The corporation officials on Saturday, along with police [...] Continue Reading »
The residents of Chennai have been facing issues related to garbage which is not getting frequently dumped outskirts by the municipal workers. The residents, however, say that the warning board has not been effective though. “Several restaurants illegally dump their waste at midnight and the street lights have not been working for a while. Women [...] Continue Reading »
Chennai metro rail has become a major issue in the neighborhood and residents wake up to find the parks next to their houses are no more. Slowly, they realize it is the inevitable cost of their urban dreams. Chennai Metro Rail has started construction of underground structures at Shenoy Nagar, Broadway and EVR Periyar Salai. [...] Continue Reading »
HUDCO, also known as the Housing and Urban Development Corporation Ltd was formed on 25th April, in the year 1970. It was formed under 1956 Companies Act. HUDCO deals with and gives special emphasis on the social perspective of the infrastructure and housing related amenities. Housing and Urban Development Corporation Limited will soon construct only [...] Continue Reading »
High Court (HC) Mumbai on Tuesday reported a message to all the builders saying, “A message must go clearly to the builders that nobody should violate the law.” The High Court made the observation while hearing a petition filed by Shravan Developers Private Limited, that challenged the Municipal Commissioner’s order for recomputing the FSI and [...] Continue Reading »
Private equity (PE) India consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that has resulted in a non listing of public equity. Capital for private equity is raised from retail and institutional investors, and can be used to fund new technologies, expand working capital within [...] Continue Reading »
Good deals in property market in Bangalore are emerging amidst certain segments. The developers are offering cash discounts where in some of the developers have been introducing free wardrobe and kitchen formula. However, Puravankara Projects have now introduced a new scheme for the property buyers. This Puravankara Scheme takes away a huge worry that property [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) is a public listed real estate company in India with shares traded on the BSE & NSE Stock Exchanges. HDIL group has completed more than 100 million sq.ft of construction in all verticals of real estate and has rehabilitated around 30,000 families in last one decade. HDIL aims to [...] Continue Reading »
The National Highway Authority of India (NHAI) is likely to face a push up in the costs levied by The Acquisition Act. The prevailing share of the land acquisition in 24% and this seems to take a rise to 25%-30% in the total project cost. NHAI officials said that in the past 3-4 years an [...] Continue Reading »
