Category: Features

Nirmala Sitharaman

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.

February 1, 2020

Finance Minister Nirmala Sitharaman today introduced a new discretionary personal income tax regime and unveiled a multibillion-dollar farm, infra and healthcare package to boost the country’s economy. Emphasizing capacity building and empowering oppressed sections of the society while preserving the creators of wealth, Sitharaman said this budget would improve people’s income and purchasing power. Finance […]

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.more
MMRDA

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.

January 29, 2020

Thirty years is a short time in a rising metropolis and as the commercial hub of the Bandra-Kurla Complex became a hotspot, MMRDA decided to make it more lucrative by preparing a cosmopolitan development of taller buildings, and greener spaces. A master plan to construct 28 commercial and 10 residential buildings in BKC’s E Block […]

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.more
Metro Construction

Pune Metro becomes India’s fastest metro project developed in just 30 months.

January 27, 2020

The first trial conducted by Pune Metro earlier this month was the fastest one to achieve the milestone (30 months) of the country’s metro projects. With the January-10 run being a precursor to technical trial runs and regulatory approval and certification, progress is on track to make the first 5 km stretch to be operationalized […]

Pune Metro becomes India’s fastest metro project developed in just 30 months.more
RK Studios

Godrej Properties to develop luxury apartments at the famous RK Studios.

January 25, 2020

Godrej Properties Ltd (GPL), a real estate company, has unveiled a luxury residential project at the famous RK Studios in the tony Chembur neighborhood, the southern part of Mumbai. The company is releasing the 3 and 4-bedroom Collector’s Edition residences, it said in its release. Bombay Art Deco influences the architecture of these luxury buildings. […]

Godrej Properties to develop luxury apartments at the famous RK Studios.more
Delhi High Court

Delhi government files affidavit before High court alleging that the forest area cannot be regularized according to central law.

January 24, 2020

The AAP government told the Delhi High Court on Thursday that unauthorized forest colonies were barred from regularizing under the Centre’s notification on October 2019, to regularize illegal settlements in the city. Delhi government declared in its affidavit placed before the bench of justices GS Sistani and A J Bhambhani that the Delhi National Capital […]

Delhi government files affidavit before High court alleging that the forest area cannot be regularized according to central law.more
NCDRC

NCDRC upholds police for failure to issue warrants to the partners of KDS Infra Buildcons.

January 22, 2020

In view of the inability of the police to provide non-bailable warrants to the three partners of Kondhwa-based real estate company (Pune) KDS Infra Buildcons for non-compliance of its order, the National Consumer Disputes Redressal Commission (NCDRC) took a strong note of it. In the four years, total, 132 home buyers — mainly retired Ammunition […]

NCDRC upholds police for failure to issue warrants to the partners of KDS Infra Buildcons.more
construction

Developers are avoiding redevelopment projects – proposals down by 50% in the past year.

January 20, 2020

Redevelopment of housing societies, once a capital spin-off for most of the builders in Mumbai, has almost ended. In addition to a sluggish real estate market, developers say projects such as these, which earlier gained huge revenues, are no longer profitable because of the BMC’s high premiums and construction expenses. Throughout the city, developers have […]

Developers are avoiding redevelopment projects – proposals down by 50% in the past year.more