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Himachal CM okays 12 proposals of new industrial units

Himachal CM okays 12 proposals of new industrial units
In the 72nd meeting of the State-Level Single Window Clearance and Monitoring Authority held in Shimla recently under the chairmanship of Chief Minister Virbhadra Singh, 12 proposals for setting up new industrial units and seven for the expansion and revision of the existing units, with the combined proposed investment of Rs 4,408.64 crore and providing [...] Continue Reading »

VBHC to launch 2,500 budget homes

VBHC to launch 2,500 budget homes
Value & Budget Housing Corporation (VBHC), co-founded by former MphasiS chairman Jaithirth (Jerry) Rao and former Citibank Consumer Banking Head P S Jayakumar, has announced an expansion plan of Rs 300 crore. The company will launch nine projects of budget homes across Bangalore, Mumbai, Chennai, NCR and Baroda, offering a total of 2,500 units. VBHC [...] Continue Reading »

Bangalore witnesses 46% fall in office space absorption

Bangalore witnesses 46% fall in office space absorption
The first two quarters of the ongoing year 2012 have seen  21%  decrease in office space absorption across key metro cities in India. The office space absorption in this year being 13.4 million square fee while it was 16.9 million square feet at the same period in 2011. According to the latest Cushman & Wakefield [...] Continue Reading »



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