By Realty Quarter Bureau The state government is keen to develop ecotourism destinations to increase tourist footfall. A source said work was already in progress at 30 places of scenic beauty across 22 districts. Tourism minister Ashok Chandra Panda is pinning great hopes on the project for the growth of state tourism. He recently told the reporters […]
State government to push infra development for Ecotourismmore
By Realty Quarter Bureau The Indian government and the World Bank have signed an agreement for a $500m loan to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) rural roads project. The project includes the construction of 7,000km of all-weather roads, half of which will be built using green technologies, including: Climate vulnerability […]
World Bank Loans India $500m for Rural Road Buildingmore
By Realty Quarter Bureau In the second bi-monthly monetary policy for the current fiscal, the central bank revised upwards the retail inflation range to 4.8-4.9 % in the first half of 2018-19, and 4.7 % in the second half The Reserve Bank for the first time in four-and-half-years raised key interest rate today by 25 basis […]
RBI hikes interest rate by 25 basis pointsmore
By Realty Quarter Bureau Monsoon has arrived and Brihanmumbai Municipal Corporation has uploaded its new policy on dilapidated buildings on its website, which civic officials say will speed up the redevelopment process. Disputes between tenants and owners often lead to a delay in vacating a building and redevelopment drags on for years, said civic officials The new policy lists detailed guidelines for […]
BMC’s new policy on dilapidated buildings can boost re-developmentmore
By Realty Quarter Bureau The Telangana government plans to replace about 4,000 state-run public transport vehicles in Hyderabad, run on diesel, with electric vehicles in a phased manner, the state’s municipal administration minister has announced As an environment-friendly measure, the Telangana government is planning to phase out 3,800 Road Transport Corporation (RTC) vehicles in Hyderabad, the […]
Telangana replaces about 4,000 transport vehicles with electric onesmore
By Realty Quarter Bureau The Maharashtra government has come out with guidelines to avoid a delay in the construction of bridges, due to a lengthy land acquisition process. According to a recently-issued government resolution (GR), the Public Works Department (PWD) will take action and slap a penalty, on those not following the norms. “Construction work […]
State government issues guidelines for construction of bridgesmore
By Realty Quarter Bureau State-owned Bank of Baroda on Tuesday raised benchmark lending rate by 5 basis points across tenure in line with other competitors. The decision to raise lending rate comes a day before the bi-monthly monetary policy announcement of the Reserve Bank of India indicating pressure on interest rate to move upward. Marginal cost […]
Bank of Baroda too raises lending rates by 5basis pointsmore
By Anuj Puri, Chairman – ANAROCK Property Consultants Across the globe, 5th June is celebrated as World Environment Day, which is the principle platform of the United Nation to create more awareness and action towards protecting Earth’s environment. This day has a very special significance for the real estate sector Over the past few decades, fast-paced […]
5th June – World Environment Day Green Buildings – An Imperative, Not a Choicemore
By Realty Quarter Bureau Days ahead of RBI’s monetary policy review, India’s three major banks SBI, PNB and ICICI Bank on Friday increased their benchmark lending rates or MCLR by up to 0.1 per cent, making loans costlier for consumers. The new rates are effective from today. India’s largest lender SBI has increased the lending rate by 10 basis points across all tenors […]
India’s 3 major banks SBI, PNB, ICICI Bank raised lending ratesmore
By Realty Quarter Bureau Hardeep Singh Puri, Union Minister of State (Independent Charges) in the Ministry of Housing and Urban Affairs yesterday said that government has set up an “Advisory Committee” in western, eastern and southern region to solve existing problems of real estate. The minister was speaking at Global Investment Summit 2018 in Gurugram. The committees […]
Government sets up special “advisory committee” to solve problems in real estatemore
