memorandum of understanding
Mahindra Lifespace Developers Ltd is planning to drop its idea to procure four to five lands as it is looking forward to plan new projects. So far, the company has signed eight memorandum of understanding (MoUs) for land acquisition. The managing director of the company revealed that two out of eight deals have been closed [...] Continue Reading »
Kochi- The Kochi Metro Rail Ltd (KMRL) is likely to sign a memorandum of understanding (MoU) with the National Highway Authority of India (NHAI) in order to resolve their differences of opinion and thus facilitate the construction of the Metro in the city. Meanwhile, the Delhi Metro Rail Corporation (DMRC) is considering plans to finalise [...] Continue Reading »
The heritage of Pune will be managed more professionally and will be restored as the Unesco-led Indian Heritage Cities Network (IHCN) and civic body has signed a memorandum of understanding (MoU). Sustainable socio-economic and cultural development of historic cities of India is taken care by the IHCN, who shares their experience .The Pune Municipal Corporation [...] Continue Reading »
At a time when Mumbaikars are suffering from water cuts due to deficient rainfall, cloud seeding is the means the Brihanmumbai Municipal Corporation (BMC) is looking forward to. The BMC has decided to rope in Israel’s national water company, Mekorot for this purpose. The plan is to carry out cloud seeding operations in the areas [...] Continue Reading »
A memorandum of understanding (MoU) has been signed by realty major Godrej Properties (GPL) with Axis Bank to offer special home loan solutions for its customers. Under the agreement, GPL’s customers will get a home loan from Axis Bank after paying 10 per cent from their own resources as against the traditional 20 per cent. [...] Continue Reading »
A Memorandum of Understanding (MoU) has been signed between Bihar government and the State Bank of India to provide home loan to state government employees at cheaper rates. As per the MoU, the government being the guarantor would deduct the EMI from the loan beneficiary’s salary if he/she is in default on the loan. This [...] Continue Reading »
A new initiative has been taken by Bruhat Bangalore Mahanagara Palike (BBMP) to restore Uttarahalli Lake. BBMP along with Ingersoll Rand and United Way Bengaluru has started a Lake-a-thon named ‘Wake the Lake’ campaign for creating awareness for the lake. Dr A N Yellappa Reddy, an environmentalist gave a green signal to the Lake-a-thon and [...] Continue Reading »
The National Association of Realtors – India (NAR-India) at present has close to 13,000 members spread across 20 states. In AP, about 69 brokering firms are part of this body, which aims to grow on the lines of the 100-year-old national association of realtors, based in the US. Brokers and builders are two key stakeholders [...] Continue Reading »
The Pimpri-Chinchwad Municipal Corporation (PCMC) had signed a memorandum of understanding (MOU) in October 2010 with the French company Suez Environment to supply 24×7 water in one of the four zones under the municipal corporation at a cost of Rs 6.3 crore. The proposal was sent to the state government for approval and later to [...] Continue Reading »
