Chhattisgarh
Chhattisgarh is one of India’s youngest and newest states which was established in November 2000. Chhattisgarh has envisioned a new city, Naya Raipur to serve as the state’s new capital. It will replace the existing capital at Raipur in due course. In the spirit of its new found statehood this decision was taken. Naya Raipur is [...] Continue Reading »
The GMR Infrastructure has got the permission from its share holders to raise Rs 2,500 crore through different methods. This will be helpful to reduce the debt which is currently Rs 4,500 and also useful for another project in Chhattisgarh. The company also increased its share value from Rs 750 to Rs 1,950 to make [...] Continue Reading »
After one year of its formation, the Cabinet Committee on Investment (CCI) is said to have unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. 253 more projects, however, with an investment of Rs 12.82 lakh crore, are still stuck for various clearances. Power, coal, steel, petroleum & natural gas, and road transport & highways sectors form [...] Continue Reading »
In the first two months of this year across various business segments, L&T Construction has received an order worth Rs 5,220 crore. S N Subrahmanyan, Senior Executive Vice President (Infrastructure and Construction), L&T said in his speech, “It has been a productive beginning to the New Year and these orders reaffirm our leadership position in [...] Continue Reading »
Raipur- The number of women property owners has been rising in Chhattisgarh as an outcome of the special privilege given by the state government. In a measure to empower women in the state, the Chhattisgarh government had announced that one percent stamp duty will be exempted for land or property registrations done in the name [...] Continue Reading »
The cement prices as of now are higher compared to previous year. However, it is likely to come down as per prediction. Slow arrival of monsoon along with supply-side constraint in Chhattisgarh due to plants of UltraTech, Ambuja Cements and Lafarge India – being shut down by the Chhattisgarh environment conservation board (CECB) as the [...] Continue Reading »
Real estate developers in Chhattisgarh will follow code of conduct to ensure transparency in the dealings of the sector. Under the code of conduct, it would be mandatory for the developers to mention the actual usage area to buyers (Carpet area), compensation in case of project delay and honouring of the agreement between the two [...] Continue Reading »
