IT park
The Maharashtra Industrial Development Corporation (MIDC) has again failed to get any bids for the Information Technology (IT) Park. This happened despite reduction in bidding rate and after deciding to extend the deadline by 10 days. The IT Park has been lying idle for over a decade. The economic slowdown had pushed the expansion plans of the [...] Continue Reading »
Ahmedabad was all set to go the Bangalore way and started constructing large spaced corporate and retail parks. However after the initial enthusiasm, corporate and retail parks with large space of average 12000-15000 square feet have not found many takers in Ahmedabad. In recent times, Ahmedabad has seen a rise in the number of corporate parks [...] Continue Reading »
In north Bangalore, interest in real estate peaked with the setting up of the international airport in 2008. The as yet mainly unfamiliar region boasted sizeable tracts of land at considerably lower prices, which helped in the growth of commercial space in this region. Connectivity by the Outer Ring Road (ORR), the Hebbal flyover and [...] Continue Reading »
A nine member inter- departmental high powered project monitoring committee has been constituted by the state IT (information technology) department in a bid to expedite the completion of Info-valley project. Spread over 600 acres of land, the Info-Valley, the second IT Park in the city, has the development on slow lane, is. On the outskirts [...] Continue Reading »
The largest Real estate firm of the country, DLF says that they received Rs 93.5 crore from IDFC for acquiring IT park project in Noida. In November 2011, the IDFC has purchased 100 percent shares of Galaxy Mercantile. The Galaxy Mercantile is the joint venture of DLF subsidiary DLF Home Developers and realtor, the 3C [...] Continue Reading »
Unfinished JW Marriott Hotel in the city are being pulled down by the City builder Ceebros which have been bought for 480 crore last year from Hyderabad-based Viceroy Hotels. The hospitality sector in Chennai is going through a serious disaster with low occupancy in most five-star hotels, due to this reason Viceroy Group sold the [...] Continue Reading »
With the Lok Sabha polls approaching, the Haryana government has announced a major relief in property tax payments in the municipalities of the state. While presiding over the State Cabinet meeting, Chief Minister, Bhupinder Singh Hooda announced one time rebate of 30 per cent for those property owners who clear all their dues or arrears [...] Continue Reading »
Chief Minister of Himachal Pradesh, Mr. Virbhadra Singh on Wednesday laid the foundation stone of the IT Park at Jagrandal in the Dharamsala Assembly constituency. After Waknaghat near Shimla, this is the second time that government has identified land for the IT Park. The Minister for Housing and Urban Development, Sudhir Sharma, who represents Dharamsala [...] Continue Reading »
Real estate in Wakad, a locality in Pimpri-Chinchwad, is growing at a fast pace. Aundh being fully occupied, the neighbouring Wakad is now Pune’s new most-sought location after Aundh and Baner. The locality is a preferred choice of investment for most of the IT professionals as the IT park at Hinjewadi is in proximity. It [...] Continue Reading »
There might be no shortage of jobs in Pune in future! Pune Municipal Corporation (PMC) has shown a light of hope to Pune residents by giving a hint of an IT Park in the city. It was announced at the Engineering College Ground during an exhibition. The location is still not yet decided. Pimpri Chinchwad [...] Continue Reading »
