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For redevelopment in Mumbai, 15,000 acres to be available

For redevelopment in Mumbai, 15,000 acres to be available
According to global realty consultancy Jones Lang Lasalle latest research report ‘Offices 2020,in Mumbai, About 15,000 acres of land will be available for redevelopment which in turn will increase the potential accessibility of quality new supply in the city, Mapping The Future Of The Mumbai Office Market. It added, in Mumbai grade an office supply [...] Continue Reading »

Odisha granted permission to centres proposal for mega food parks.

Odisha granted permission to centres proposal for mega food parks.
Union Ministry of Food Processing Industries (MoFPI) has asked the Odisha government, following the amendment of guidelines of Mega Food Park Scheme, to send proposals for developing new mega food parks in the state. 40 mega food park projects have been approved by MoFPI in as many as 23 states which are in various stages [...] Continue Reading »

IIT Madras sets up centre for technology, policy

IIT Madras sets up centre for technology, policy
IIT Madras has recognized a centre for technology and policy to deal with development troubles and help technology innovators work more efficiently in a given policy setting. The centre will exemplify on IIT Madras faculty proficiency and its own research staff. This will facilitate consultation and networking with policy makers, industry, investors and various other [...] Continue Reading »

Raahgiri city plots street-smart future

Raahgiri city plots street-smart future
Immersed in riches of all variety, a demanding metropolis like Gurgaon has a severe shortage of time. So when time is devoted to discuss some of the more pressing concerns of the day, the gesture itself is noteworthy. However Friday’s workshop went beyond gestures which were titled as ‘Sustainable Transport in Gurgaon – What Next?’It [...] Continue Reading »

Realty market slipped over 6 months: Study

Realty market slipped over 6 months: Study
According to a report released by Knight Frank India and the Federation of Indian Chambers of Commerce & Industry, the real estate market has deteriorated compared to the last six months. The quarterly report captures the suppliers’ perspective of real estate market conditions, titled the ‘Real estate sentiment index’. It explains the current sentiment as [...] Continue Reading »

HUDA strives hard to popularise smart cards

HUDA strives hard to popularise smart cards
Gurgaon- While the four months deadline for introducing the touch card technology at the Delhi-Gurgaon expressway toll plaza is approaching, the Haryana Urban Development Authority (HUDA) administrator, in order to hype the system, has chosen to give perks for commuters using these smart cards. The private concessionaire, Delhi-Gurgaon Super Connectivity Ltd (DGSCL) had signed an [...] Continue Reading »

Government discusses with stakeholders about real estate

Government discusses with stakeholders about real estate
Regulation of real estate is a major concern in our country. For this reason, Government is holding talks with many stakeholders for discussing issues related to regulation and development of real estate in the national capital. After taking suggestions from general public, a few months back, the Ministry of Housing and Urban Poverty Alleviation consulted [...] Continue Reading »

Rental property tax may increase

Rental property tax may increase
A fixed annual property tax rate for residential properties has been fixed by Greater Hyderabad Municipal Corporation (GHMC). GHMC came to this conclusion soon after holding discussions with the stakeholders. It has been learnt that in most of the situations the house owners are claiming to be residing in their properties despite of giving it [...] Continue Reading »

Real Estate Regulation and Development Bill 2011 to bring more transparency in the Realty Sector

Real Estate Regulation and Development Bill 2011 to bring more transparency in the Realty Sector
The government in Mumbai is all set ready to introduce a draft of Real Estate Regulation and Development Bill of the year 2011. The reason behind government postponing the release of this draft is that, the draft will now be introduced and comments will be taken as a feedback and duly amendments will be made [...] Continue Reading »



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