Shopping malls
Ahmedabad may have been one of the fastest growing cities in the country but it has topped the list in terms of vacant space in shopping malls. According to a retail market report released by real-estate consultants Cushman & Wakefield, between April and June 2012, the overall mall vacancy in the city stood at 34 [...] Continue Reading »
A leading Indian realty firm, Synergy Property Development Services Ltd, bagged a $153-million township development project in the central African country of Rwanda. The firm bagged the township project through international bidding. As a global project management consulting and turnkey solution provider, the Bangalore-based Synergy will undertake design and project management of Rwanda Social Security [...] Continue Reading »
The Nonadanga land in Kolkata since long times has been acquired by slum dwellers. The eviction of slum from this land has been a headache to Kolkata Metropolitan Development Authority (KMDA). The KMDA authority has commenced with several options to utilize the stretch of land. The Nonadanga Busti Uchchhed Pratirodh Committee is opposing the government’s [...] Continue Reading »
Residents in Gurgaon are at risk as the lifts in the city are not installed with safety device. It was found that lifts in residential spaces, shopping malls, commercial buildings, etc are not safe and not fitted with the automatic rescue device (ARD). In 2009, the device was made mandatory to be installed but many [...] Continue Reading »
Model Town in Delhi was indeed a model for many localities in the neighbourhood. However, with time the locality witnessed some of the downgraded events. No doubt the locality has some of the plush apartments, shopping malls and green environment but it lacks parking spaces which add woes to the residents. The roads in the [...] Continue Reading »
The industry status is what the property consultants are demanding in the upcoming realty budget! Tax exemption on home loans and incentives to promote affordable housing segment is all what the real estate players are demanding for! Also, the realty players want to create a demand for retail space in shopping malls for the Foreign [...] Continue Reading »
Supertech, a Noida based real estate developer will be launching new luxurious construction which is popularly called as Supernova. The development has been estimated to cost Rs 2,000 crore comprising of serviced apartments, shopping malls, recreational centers, office spaces and residences. This luxurious project will be spread across a built-up area of 5 million square [...] Continue Reading »
Chandigarh city has been witnessing irregular growth of shopping malls especially in the residential areas creating lot of chaos to the residents. The Punjab and Haryana high court henceforth has directed the state government to re- formulate the ”Punjab Model Building bylaws 2010”. Also it has given deadline of three days to present the amended notifications [...] Continue Reading »
Ahmedabad Municipal Corporation (AMC) has executed for a massive demolition drive on the buildings raised on the margin area of the city roads in Ahmedabad. These buildings have claimed to be illegally extended on the roads. Notices were served much before to these buildings to either pave way for ground floor for parking space or [...] Continue Reading »
Ahmedabad Municipal Corporation (AMC) officials recently sealed nearly 242 commercial properties in the Ahmedabad city. The shop owners were restrained who defaulted their property tax and this continued for ten consecutive days. East, west and new west zone commercial properties were sealed and during the sealing drive nearly 1,600 properties in the city were found defaulting the [...] Continue Reading »
