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urbanisation

Urban Development Policy for West Bengal

Urban Development Policy for West Bengal
For the first time, the West Bengal government has prepared a state Urban Development Policy. This was done after they got a nod from the Cabinet Standing Committee on Infrastructure. The state’s Urban Development Minister Firhad Hakim stated that such a policy was a strong requirement to cope with the growing urbanisation. Hakim announced the [...] Continue Reading »

Southern States and Union Territories are ahead in Urbanisation

Southern States and Union Territories are ahead in Urbanisation
The country’s urbanisation is being kept in mind by the Southern states of India and the Union Territories. The urban population of India has increased by around 27.80 percent from the total population in 2001 to around 31.10 percent in the year 2011. The information was provided by Urban Development Minister, M Venkaiah Naidu during [...] Continue Reading »

SC gives the Adani Group final chance to complete environmental clearance

SC gives the Adani Group final chance to complete environmental clearance
Complaining to the Centre for not completing the several process of environment clearance to the Adani Group’s Mundra Ports and the Special Economic Zone (MPSEZ) in Gujarat, the apex court gave the last chance to the MoEF to for completing the necessary and stated that the secretary and the director was personally responsible for all [...] Continue Reading »

Work on Hyderabad metro is progressing well-CEO L&T Metro Rail

Work on Hyderabad metro is progressing well-CEO L&T Metro Rail
According to Chief Executive and Managing Director of L&T Metro Rail (Hyderabad) Ltd Vivek Bhaskar Gadgil, work on the Hyderabad Metro is going on at a fast speed and, if it completes 71.16 km in three lines in five years as planned, it will be a world record. On Monday, while delivering a lecture on [...] Continue Reading »

Policy amendments must to promote affordable housing

Policy amendments must to promote affordable housing
Delhi: With urbanisation expected to grow at a compounded annual growth rate of more than two percent over the next 20 years, there is a great need to develop better policies to provide mass housing, particularly in the suburbs and satellite towns of metros and Tier I cities. The government has to reform the development [...] Continue Reading »

Luxury market demand grows in Bangalore, Chennai

Luxury market demand grows in Bangalore, Chennai
Bangalore/Chennai- Luxury residential segment has been observing significant rise in demand in the top seven cities of India. Over 200 luxury residential projects were launched between 2008 and September 2012. Among all the cities, Bangalore alone holds 21 percent of share during the first three quarters of this year while Chennai holds 20 percent. Fast [...] Continue Reading »

Growing demand for luxury housing

Growing demand for luxury housing
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »

Demand for luxury homes is growing

Demand for luxury homes is growing
Mumbai- Inspite of downfall in sale, the demand for ultra-luxury and luxury homes is rising in the metro cities. A few luxury residential projects were launched despite of dullness in the real estate sector, according to a report by Jones Lang LaSalle, a real estate consultancy firm. The rise in the number of high networth [...] Continue Reading »

Narol – Aslali, Vatva among rising residentail localities in Ahmedabad

Narol – Aslali, Vatva among rising residentail localities in Ahmedabad
Rapid urbanisation into Ahmedabad has pushed the demand for housing and commercial spaces in the city in the last few years. As traditional localities like SG Road, Bopal, Satellite etc have been saturated, new localities have emerged as realty destinations – Vatva and Narol-Aslali Road. Narol – Aslali vicinity is emerging as the fastest developing [...] Continue Reading »

Supertech director predicts that high rises will be for masses soon

Supertech director predicts that high rises will be for masses soon
As urbanisation is spreading at a fast pace in India, the pressure on land is ever increasing as availability of land is getting scarce. As a consequence, number of high-rise residential projects coming up in Noida, the NCR or elsewhere in the country is adding up. Mohit Arora, the Director of realtor Supertech Group, have [...] Continue Reading »



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