Mohali
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 »
The joint venture real estate company of Dubai’s Emaar Properties and India’s own MGF Group is seriously considering the idea of what it calls an “iconic” building in India. The venture has since its launch in the country in 2005, remained focused on high-end residential and commercial properties (in the ratio of 9:1). The development activities of [...] 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 »
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 »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
Chandigarh residents are facing acute water supply crunch. As against a demand of 116 Million Gallons Daily (MGD), the city is presently receiving 90 MGD, which includes 80 MGD from Kajauli water works and another 10 MGD from tube wells. The local Municipal Corporation would supply additional 3 MGD to Military Engineers Services (MES) in [...] Continue Reading »
Punjab is all set to become the first state in the country to start online registration of property and land records. Pilot projects have been undertaken in two districts. The revenue department will soon implement online registration of property and land and Mohali would be the first district in which this project would be implemented [...] Continue Reading »
An environmental researcher, Arshinder Pasricha, has been raising her voice against residents’ burning of leaves practice in Mohali for the past couple of months. Few of the Resident Welfare Associations have also joined her in this effort. She says that usually, the employees of the Municipal Corporation burn leaves and other related stuff. But now, [...] Continue Reading »
As the electricity department took hours to fix the power breakdowns, residents of Chandigarh, Mohali and the entire Zirakpur spent hours without power on Sunday night and Monday. For hours together on Sunday night, Chandigarh’s sectors 35-A, 48-C and 44 was in darkness, as an electricity pole caught fire due to the showers. On Monday afternoon, [...] Continue Reading »
More than 300 applicants of Purab Premium Apartments have already demanded to cancel their allotments and to refund their money. The applicants wants to opt out as the government has put a five-year lock-in period for sale or transfer of the flats under the scheme. Most of the applicants said that they were not aware [...] Continue Reading »
