Category: Other Cities

Commercial Property

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
Infrastructural Projects

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

November 13, 2019

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
Land Banking

Entities involved in Land Banking and its effect on the real estate sector.

November 12, 2019

Land banking consists of aggregating the plots or land blocks for future sales or construction at current or below-market rates. A land aggregator aggregates land-based on social infrastructure and demographic factors by monitoring the geographical and topological locations that are ready for investment. The land usually originates in an unprepared format to the aggregator, whereby the land […]

Entities involved in Land Banking and its effect on the real estate sector.more
construction workers

Construction workers in Maharashtra will receive smart cards from 2020.

November 11, 2019

In order to assure the safety and security of construction workers on the site, online registration and allocation of smart cards would be started in Maharashtra by next year. The labour welfare board will set up 41 centres across the state to allow workers to register themselves without any problems. Till now Aurangabad, Jalna, Worli, […]

Construction workers in Maharashtra will receive smart cards from 2020.more
India-Ratings-and-Research

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
3D Zebra Crossings

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
Demonetization

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
Stalled Projects

The cabinet opens Rs 25,000 crore window for projects that are on hold.

November 7, 2019

In order to reactivate the main industry, also to boost the economy and to provide aid to home buyers, the cabinet approved Rs 25,000-crore special windows to finance housing projects that are stalled. The money will be available for projects that are “net worth positive,” FM Nirmala Sitharaman said. There will be potential distribution to […]

The cabinet opens Rs 25,000 crore window for projects that are on hold.more
Nirmala Sitharaman

The government is working on reviving the real estate sector, says Nirmala Sitharaman.

November 6, 2019

On Tuesday, Finance Minister Nirmala Sitharaman flagged concerns about the real estate sector problems, saying that much attention is needed in the ailing industry. “The Indian Government is extremely committed to and works with RBI to see how best we can change existing legislation, where it is required, and assist the people in this particular sector […]

The government is working on reviving the real estate sector, says Nirmala Sitharaman.more
Maharashtra Metro

MahaMetro officials seek to consult new government for the future metro routes.

November 5, 2019

Maharashtra Metro Rail Corporation Limited will seek guidance from the new state government on the implementation of future phases of the city’s mass transportation system. Brijesh Dixit, Managing Director of Maharashtra Metro Rail Corporation Limited (MahaMetro), said, “We plan to consult with the state government to seek direction for future phases. Pune City has many […]

MahaMetro officials seek to consult new government for the future metro routes.more