Lucknow
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
Shalimar group is focusing to invest Rs 1,200 crore in its two housing projects in Lucknow. Mr. Khalid Masood, Director of Shalimar Group says that the two projects collectively spread over 275 acres. The company also announced the new project Garden Bay, which spread over 75 acres on Sitapur-Hardoi Road and costing around Rs 200 [...] Continue Reading »
National Buildings Construction Corporation (NBCC), a public sector company, planning to redevelop at least three government housing projects worth Rs 5,000-6,000 crore in various parts of the country. Also, the company is looking to expand its business in Africa and West Asia. NBCC Chairman Anoop Kumar Mittal informed that an agreement for makeover of a [...] Continue Reading »
During this calendar year, Realtor Paarth Infrabuild has intended to invest about Rs 5,000 crore in different projects to be launched in Uttar Pradesh. Paarth Director and Promoter Pradeep Misra told sources, the real estate projects would primarily be launched in Lucknow, Noida and Kanpur. He informed, “We aim to develop area aggregating 12 million [...] Continue Reading »
Lucknow- Real estate developer, Paarth Infrabuild Private Limited has launched its first housing project named “ Paarth Adyant ” in Lucknow. Paarth Adyant spreads across 27 acres of land in Gomti Nagar extension area near Sultanpur Road. Besides apartment project, it also has hotels, commercial complexes and a hospital. The project encompasses around 2000 residential [...] Continue Reading »
Lucknow- The housing and development board has decided to serve the needs of super rich segment of the society under Vrindavan Yojana. In this regard, the board is planning to develop a residential building named “Everest Enclave” in Lucknow. Everest Enclave would be the tallest housing structure located in sector-18 of Vrindavan Yojana – 4, [...] Continue Reading »
Lucknow- The Sultanpur road is becoming a new growth centre with the proposed IT city, IIIT campus and international stadium. The housing demand has been increasing and many developers are launching residential projects in or near Sultanpur to meet the demand. For instance, Paarth Infrabuild has launched its residential project named “Paarth Aadyant” in Gomti [...] Continue Reading »
Lucknow- The recent draft prepared for state urban housing and habitat policy 2013 suggests introduction of mixed land use and pooling scheme in the state. The housing and urban planning department believes that mixed land usage and land pooling will encourage urban development. The old housing policies had made provisions for segregated or compartmentalized land [...] Continue Reading »
Lucknow- Lucknow Mayor Dinesh Sharma directed the corporation officials to form a committee in order to bring in transparency in the house tax assessment system and applicable interests on them. The decision came in following the complaints lodged by corporators about residents being overcharged and being compelled to pay compound interest during collection of taxes. [...] Continue Reading »
Lucknow- DLF limited, one of the largest real estate developer in India, has launched its studio apartment project named “My Pad—City Centre” in Lucknow. This new project in Lucknow spreads over 5 acre and would encompass 500 studio apartments and 100 shops in the next three to four years. My Pad—City Centre is the second [...] Continue Reading »
