Category: Current Affairs

Thinking of investing in a commercial property? Check these 5 crucial points for making the best commercial investment.

November 14, 2019

When you think about commercial property investment you probably want to carry out a comprehensive market analysis for the investment and may not understand how to do it. There are different types of data that may or may not be relevant to you. It is worthwhile to extract the data which is relevant to you […]

Thinking of investing in a commercial property? Check these 5 crucial points for making the best commercial investment.more

Embassy Office Parks Reit receives an offer of Rs 6,500 crore.

Embassy Property Developments could raise its investment trust joint-venture with Blackstone, Embassy Office Parks Reit, to as much as Rs 6,500 crore from the selling of office space. The area is part of the TechVillage Embassy in Bengaluru. Embassy Office Parks Reit CEO Michael Holland stated: “We got an offer from Embassy Sponsor and we are deciding […]

Embassy Office Parks Reit receives an offer of Rs 6,500 crore.more

Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.

November 13, 2019

Morgan Stanley, the global investment bank, has been taking up almost 800,000 sq. ft of office space at Mumbai’s suburb in Oberoi Realty’s Commerz project; it is one of the largest built-to-suit office space deals in the country. The contract is for 15 years, which includes a fixed term of 10 years and an option […]

Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.more

Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.

According to a survey, as many as 355 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns over Rs 3.88 lakh crore due to delays and other factors. Infrastructure projects worth Rs 150 crore and above are regulated by the Ministry of Statistics and Programme Implementation. Of those 1,623 projects, 355 […]

Infrastructure projects invade by Rs 3.88 lakh crore because of delays and other factors.more

Delhi-NCR projects may get delayed by three months due to the construction ban.

November 11, 2019

Based on the ban on construction activities in the city to tackle air pollution, builders have stated that home buyers waiting to take possession of their dream house in Delhi-NCR will need to wait for three more months. The Environment Pollution (Prevention and Control) Authority, (EPCA) had enforced construction ban on last Tuesday, until Monday, […]

Delhi-NCR projects may get delayed by three months due to the construction ban.more

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.

November 9, 2019

India Ratings and Research said in their reports that the home buyers will be benefited that are awaiting possession of their homes, by the India government’s decision to set up a Rs 25,000 crores fund to provide a priority for debt financing to complete stalled housing projects. The Fund would provide an alternative outlet to net-worth-positive […]

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.more

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.

Over 75,000 homebuyers of Amrapali, Jaypee Infratech and Unitech will not be eligible for support from Rs 25,000 crore stress funds in the National Capital Region, because of numerous conditions applied by the government under the scheme, said homebuyers and industry players. “Maybe these three players are not qualified, but the property sector is beyond […]

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.more

Traffic Police intend to slow down speeding vehicles by painting ‘3D’ zebra crossings.

November 8, 2019

The city traffic police intend to paint zebra crossings on various roads producing a three dimensional (3D) effect and prompt slowing down drivers. The 3D zebra crossing produces a floating effect as an optical illusion. The motorists presume that there are boxes ahead and that speed is decreased as the junctions approach. In many European countries, these […]

Traffic Police intend to slow down speeding vehicles by painting ‘3D’ zebra crossings.more

66% of Real Estate Transactions are still carried-out through cash; post demonetization.

The electronic transactions are on the rise Three years after Narendra Modi in a national address banned Rs 500 and Rs 1000 currency notes but many people still prefer cash transactions than digital transactions, according to a survey. The survey also revealed that following the demonetization of currency notes black money continues to dominate the real estate […]

66% of Real Estate Transactions are still carried-out through cash; post demonetization.more

Mumbai Officials claim to have achieved 70% of potholes complaint under Pothole Challenge 2019.

November 7, 2019

It was an exercise in public relations fraught with potential pitfalls. But the BMC seems to be sitting nicely at the end of the seven-day #PotholeChallenge2019—the corporations claim to have fixed nearly 70% of their complaints about potholes and also decide to call up all of their complainants and confirm that their concerns are dealt with ‘Satisfaction’. The […]

Mumbai Officials claim to have achieved 70% of potholes complaint under Pothole Challenge 2019.more

Category: Current Affairs

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