Construction
Bhubaneswar Municipal Corporation (BMC) has decided at a meeting of the BMC corporators to build three footbridges in Bhbaneswar. The bridges would be constructed at Jayadev Vihar, Master Canteen and Rupali Square and each footbridge would reportedly be developed at a cost of Rs 2.5 crore. As per the agreement, the contractor would make profit [...] Continue Reading »
No road has been constructed in Hadibettu village from past 20 years. After repeated complaints to the authorities, the people out of frustration or resourcefulness, pooled in their own money and built the road. Around 75 families of Uppinakudru finally fulfilled their dream, when a newly-constructed road was inaugurated. The initiative was taken by locals [...] Continue Reading »
Faced with sluggish sales and rising cost of production, builders across the country are increasingly turning to technology, looking to innovative ways in construction business. The cost of building materials such as cement and steel has risen by 35-40 per cent over the past two years. Added to it, the labour rates have also got [...] Continue Reading »
Despite an increase in vacancies and low business and investor sentiment, the office rent in various micro markets in Mumbai are still increasing. The main reason for increase in office space rental is that there is a lack of quality supply in superior locations. However, there is a basic scarcity of available good-quality, right-sized Grade [...] Continue Reading »
The Haryana Urban Development Authority (HUDA) has announced that it is planning to provide canal water to builders for construction purposes. While the details and the procedure is to be finalized soon, HUDA officials state that canal water supply is likely to increase by the end of this month. Till then, the builders will have [...] Continue Reading »
Maharashtra finance minister has indicated that the state government will provide a waiver on 15 per cent interest as penalty on value-added tax (VAT) levied on property transactions between 2006 and 2010. The news comes as a relief for the property developers and buyers. The government further clarified that VAT will be levied only on [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) has been able to reclaim the Lagoon Road after 30 years. In a major demolition drive, officials of P-north ward office have razed over 100 illegal shanties, 30 commercial structures and at least 12 illegal garages to clear Lagoon Road in Malwani area in Malad (West). Encroachment has been rampant [...] Continue Reading »
Residents of Shalimar Township on AB road, one of the largest townships in Indore are facing trouble due to the construction of BRTS corridor. The 1000 plus vehicle owners of the township demand that there should be crossing on the lane as abrupt end to the service lane on either side of the entry to [...] Continue Reading »
Gurgaon, Ghaziabad, Noida and Greater Noida have developed beyond any comparison in the last few years. Realtors have expressed that the construction have been extra ordinary in Noida, which happened to have lots of barren agricultural land till few years back. Being a low lying area, Noida was never a suitable place for farming and [...] Continue Reading »
Kolkata Municipal Corporation (KMC) has decided to tackle the arsenic threat looming large over the residential areas of the city. As per the new rules charted out by KMC, it has been made mandatory for promoters in certain parts of the city to get groundwater tested for arsenic before they can submit building plans. The [...] Continue Reading »
