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Lucknow- The recent draft prepared for state urban housing and habitat policy 2013 suggests introduction of mixed land use and pooling scheme in the state. The housing and urban planning department believes that mixed land usage and land pooling will encourage urban development. The old housing policies had made provisions for segregated or compartmentalized land [...] Continue Reading »
Delhi Development Authority (DDA) is set to hire a consultant to help in retrofitting and reconstructing old building in East Delhi. In a survey done by Central Building Research Institute, it is found out that around 70 percent of buildings were unsafe on Yamuna flood plains and it has become the most important task for [...] Continue Reading »
Aurangabad- The latest drive initiated by the Aurangabad Municipal Corporation (AMC) against the tax defaulters in the city has proved to be fruitful as the authorities have collected an outstanding amount of Rs. 80 lakh in just three days. They have targeted the big property owners who have been evading the property tax for quite a long time. Starting [...] Continue Reading »
Jammu and Kashmir- One of the most appealing destinations in India, Jammu and Kashmir has the world’s highest rail bridge apart from its scenic beauty and magnificent landscapes. The Indian Railways has put in efforts to construct this highest bridge and will be completing it by 2016. This bridge which is named as Chenub Bridge [...] Continue Reading »
To bring in relief for commuters, after being closed for six months, the Reliance Infrastructure-run Delhi Airport Metro Express has reopened on Tuesday. As an inaugural day offer, passengers were charged at a flat rate of Rs 30. Earlier, the metro was running at a speed of 105 km/ph and is now reduced drastically to [...] Continue Reading »
Hyderabad- The Hyderabad metro has picked up speed with starting construction at its first station Uppal. It is expected that this station will be ready by the end of 2o13. According to Larsen & Tuobro chief, Hyderabad metro will hopefully run in mid or by the end of 2015. The work of pillars and erection of [...] Continue Reading »
Mangalore City Corporation (MCC) has launched an SMS helpline. Under this system residents can SMS their complaints pertaining to solid waste collection to 81236 66266, following which the complainant will receive an acceptance SMS on his/her mobile phone. The SMS complaint must have the ward number and other complaint details. The complaint SMS will be [...] Continue Reading »
The regulator for the securities market in India, Security and Exchange Board of India (SEBI), has allowed 12 new units to set up Alternative Investment Funds (AIFs). An AIF is a new set of pooled-in investment vehicles for real estate, private equity and hedge funds, in the last two months of October and November 2012. [...] Continue Reading »
New Delhi- If you’re looking to invest in a commercial unit, then this is the right time for you as Delhi-NCRs commercial property is expected to fetch great returns. Gurgaon and Noida, which are also the key commercial hubs of Delhi-NCR, will witness an increase in the rental and capital value despite the uncertain economic scenario [...] Continue Reading »
The residents of Vasant Vihar have raised opposition against the proposed Metro station in the area. The dispute over the location of the station between the authorities and residents has been going on for more than a year. The residents have been claiming that the site chosen by Metro falls within residential zone. The residents [...] Continue Reading »
