Tata Housing to invest upto Rs 800 crore for expansion in FY18
MUMBAI (INDIA): Tata Housing is planning to add 8-10 projects to its portfolio in 2017-18 involving an investment of up to Rs 800 crore, a top company official said. They… Read more »
Monthly Archives: July 2017
Yogi Adityanath warns Uttar Pradesh builders
LUCKNOW ( INDIA): Uttar Pradesh Chief Minister Yogi Adityanath on Sunday told businessmen that it was imperative to win the trust of the people and said the real estate sector… Read more »
India’s smart cities plan may adversely impact environment: Study
LONDON (INDIA): India’s plans to create 100 new ‘smart’ cities to support the country’s rapidly growing urban population may have a significant detrimental impact on the environment, unless greater emphasis… Read more »
Delhi High Court mulls to stay property conversions that do no adhere to master plan
NEW DELHI (INDIA): The Delhi High Court said the national capital “will breathe” easier if it stays all the conversions of residential property to commercial use that have not adhered… Read more »
India to invest Rs 40,000 crore to develop Paradip as smart port, smart city
ROURKELA (INDIA): Paradip would be developed into a smart port and smart city at an investment of Rs 40,000 crore as part of the government of India’s plan to bring about a… Read more »
Airport Authority of India signs MoU with Uttarakhand for development of aviation sector
NEW DELHI (INDIA): Going ahead with its commitment towards the responsibility of creating, upgrading, maintaining and managing civil aviation infrastructure in the country, Airports Authority of India (AAI) signed an… Read more »
Office projects new favourites of developers
By Santhosh Kumar, CEO – Operations & International Director, JLL India For many years, most Indian developers’ portfolios were dominated by residential projects, and many dedicated only a miniscule percentage… Read more »
UltraTech to set up Rs 2,600 crore new 3.5-mt plant in Madhya Pradesh
MUMBAI (INDIA): Markets leader UltraTech Cement announced a Rs 2,600-crore new integrated cement plant in Madhya Pradesh with a capacity of 3.5 million tonne per annum, which will increase its… Read more »
Installing lifts without minimum power backup negligence: NCDRC
NEW DELHI: Installing elevators in housing apartments without minimum power backup amounts to negligence, the apex consumer commission has said while holding a builder guilty of deficiency in service along… Read more »
Next Orbit-Interups partner to launch the 1st hospitality REIT
MUMBAI (INDIA): City based venture capital firm Next Orbit Ventures said it has partnered US-based Interups to launch the country’s first hospitality Real Estate Investment Trust (REIT) to raise around… Read more »