Construction
Finally, there is some progress in the Rani Jhansi grade separator project. Demolition of the 95-odd houses and shops coming in the way of the project has finally begun. North Corporation has also initiated talks with Railways and plans to buy the land. The flyover–15 years in the making–is now scheduled to be completed within [...] Continue Reading »
In the three months to June 2014, the number of loss-making companies in the BSE 500 universe declined for the first time in seven quarters. It seems that after the change of leadership at the center, there are some positive vibes in the market and the companies have improved their sales turnovers. Of a subset [...] Continue Reading »
When the flyover opens, it could be the lifeline for people living in the northern parts of the city. But the 80-crore flyover project that is being constructed and will be connecting the central parts of the city to Sathyamurthy Nagar and Erukkanchery continues to be delayed and is not expected to be completed in [...] Continue Reading »
In Shimla now any kind of illegal construction could land a person in jail as the Shimla Municipal Corporation (SMC) has made amendments in the pre existing Act so that it can help to regulate the construction activity that is frequently undergoing in the tourist town. Since the past years the unplanned growth in Shimla [...] Continue Reading »
Residential property prices in India have a lot of scope for reduction as supplies are sufficient, a top RBI official said on Wednesday. SS Mundra the deputy governor of Reserve Bank of India stated that he believe there’s enough scope for housing prices to come down from the higher perch because of huge inventory piled [...] Continue Reading »
The Delhi Metro Rail Corporation (DMRC) has been approached by Sistema Shyam Teleservices (SSTL) – which operates under MTS brand – for providing free Wi-Fi Internet service to the Metro commuters. SSTL has earlier provided its Wi-Fi Internet service for the commuters of Rapid Metro Rail trains. The move – resulting from a partnership between [...] Continue Reading »
Starting the construction of 388 flats in one of the blocks of the Sector 63 General Housing Scheme of the Chandigarh Housing Board (CHB) has been gaining speed; this has been sighted as a ray of hope especially for the people who have applied for a flat. It would be really a matter of relief [...] Continue Reading »
The Delhi Metro Rail Corporation on Thursday completed the tunnelling work at the Lal Quila Metro station. This constructed tunnel is going to be a part of the extended Central Secretariat Kashmere Gate corridor of phase 3. The 650 metre long tunnel runs between the Jama Masjid and Lal Quila Metro stations. The maximum depth [...] Continue Reading »
The Comptroller and Auditor General of India (CAG) has slammed Gujarat government for its slackness in implementing welfare schemes for construction workers in the state. The infrastructure and construction sector is one of the biggest employers in Gujarat. The audit-watch dog has claimed that only 6 % of an estimated 12 lakh construction workers in [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh, everything was divided, or there are bodies which are newly formed for the new state. The newly-formed AP chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged its members to adhere to the National Building Code. They have also urged to [...] Continue Reading »
