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Ludhiana

NH-95 maintenance work to start off

NH-95 maintenance work to start off
Chief Minister Prakash Singh Badal today urged Union Minister for Shipping, Road Transport & Highways Nitin Jairam Gadkari to ask the National Highways Authority of India (NHAI) to take over the stretch of the NH-95 within the MC limit from the Municipal Corporation, Ludhiana, for its maintenance and widening. In a letter to Gadkari, the [...] Continue Reading »

Models of Metro

Models of Metro
Due to Urbanization and migration of peoples towards cities, the government has to consider about urban mass rapid transit systems which are also known as metro railways to reclaim much of the lost ground in urban planning. At least 10 metro projects are at the different phases of planning and implementation. These projects would need [...] Continue Reading »

Big cities operate retail realty market

Big cities operate retail realty market
According to the property consultant, Jones Lang LaSalle (JLL), the tier -III cities have evolved as the attractive destination for retail real estate primarily due to development of infrastructure and increasing purchasing power of consumers in these markets. Cities like Ahmedabad, Chandigarh, Surat, Amritsar, Vadodara, Nagpur, Coimbatore, Lucknow, Jaipur, Ludhiana, Kanpur and Raipur are emerged [...] Continue Reading »

Mall developers focus on small cities to meet potential demand

Mall developers focus on small cities to meet potential demand
 India’s large mall developers companies are focusing on small towns, scouting for potential purchases. Developers like Future Group, Inorbit Malls (India) Pvt. Ltd and Infiniti Mall are looking to acquire malls in small cities to tap the potential there, while the top urban markets are close to being saturated. Inorbit, a division of Mumbai-based real estate developer  K Raheja [...] Continue Reading »

Award of eight-laning project stayed by HC

Award of eight-laning project stayed by HC
Punjab and Haryana High Court has stayed the process of award of “eight-laning” work of Ferozpur Road. The future of what is known as Deputy Chief Minister Sukhbir Singh Badal’s “dream-project” seems bleak as of now. The project was planned to eight lane the road from Jagraon Bridge to Sidhwan Canal. Ramneek Sehgal of Ceigall [...] Continue Reading »

Gumberg Global plans to open 21 malls in 7 yrs

Gumberg Global plans to open 21 malls in 7 yrs
US-based Gumberg Global, after launching its maiden project, The North Country Mall in Mohali, is set to spread its wings in Punjab and other parts of the country. In India within seven years, the company is planning to invest a huge amount of Rs 35,000-Rs 40,000 crore ,as informed by B Anantharaman, managing director and chief [...] Continue Reading »

8-lane Ferozepur Road attracts 3 bidders

8-lane Ferozepur Road attracts 3 bidders
Simplex Constructions, Navyug Constructions and Seagle India have shown interest in undertaking the eight-lane Ferozepur Road in Ludhiana. These bidders want certain conditions to be met by the civic body. The asked the MC to provide bank guarantee and help in getting no objection certificates (NOCs) from all departments. The civic body refused to meet [...] Continue Reading »

MPC Synergy Real Estate to exit investments in India-based Akme Projects – sources

MPC Synergy Real Estate to exit investments in India-based Akme Projects – sources
MPC Synergy Real Estate is all set to exit its investments in the real estate developing company of Anil Nanda Group as told to the Economic Times by two people familiar with the matter. A person involved in the deal with Akme Projects was quoted as saying, “The fund does not want to continue business [...] Continue Reading »

MC implements property tax without fixing unit value

MC implements property tax without fixing unit value
Ludhiana- The Municipal Corporation and district administration, had announced that the property tax has been implemented in Ludhiana from April 1 while the civic body has failed to fix the unit values and complete the survey by the deadline. The joint commissioner of municipal corporation, P S Ghuman, had announced that, property tax has been [...] Continue Reading »

Building plans in Ludhiana to be approved within a week

Building plans in Ludhiana to be approved within a week
Ludhiana- The residents in Ludhiana need not wait for long for their building approvals as the authorities have decided to complete the procedure at Suvidha centres of the municipal corporation within seven days. This drive by the corporation will help the residents as they will no have to run from pillar to post and grease the [...] Continue Reading »



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