Indian Railways will start Vande Metro soon
Prime Minister Narendra Modi has asked the Ministry of Railways to come up with “Vande Metro”, a train concept to run between two nearby big stations, Minister for Railways Ashwini Vaishnaw said here on Saturday. Speaking to reporters, he also said Indian Railways has given away…
NRI businessman Jai Mahtani buys flat in South Mumbai
Non-resident Indian businessman Jai Mahtani has bought a sea-view luxury apartment in JSW Realty’s super-premium project Morena House in South Mumbai’s plush Carmichael Road for Rs 83.37 crore. The deal for the apartment, spread over a carpet area of 5,211 sq ft, is valued at around Rs 1.60…
Stamp duty collection up by 19% in Gujarat
Continuing its robust bounce back after the Covid-19 pandemic, the real estate sector notched up an impressive performance in the year 2022, with property registrations up 11% and government revenue in the form of stamp duty and registration fee rising by 19%…
CHB to come up with two different housing schemes
The Chandigarh Housing Board (CHB) will now come up with two different ‘Sector 53’ housing schemes. The first will comprise three-bedroom (3-BHK), two-bedroom (2-BHK) and two-room flats, while the second will have four-bedroom (4-BHK) flats only. The decision was taken in the…
Rajasthan will get major benefit from Bharatmala & NH’s
Rajasthan BJP President Satish Poonia on Wednesday termed the Budget 2023-24 as all-inclusive and said it will strengthen each and every section of the country. Addressing media here, Poonia said: “From basic development of the country, to green development, to the uplift of the…
NHAI to start repair work of Kasara Ghat’s cracked section
The crack of around 25 metres in the Kasara Ghat section of the Mumbai-Agra highway would be taken up for repair from the next week, about six months after it developed in July last year. Confirming the development, Bhausaheb Salunke, the…
Budget Impact Analysis – Colliers and CREDAI-MCHI
The proposed Union Budget 2023-24 largely focuses on green growth, urban infrastructure, and technology. Contrary to the expectations, there were no direct announcements for the real estate sector. However, the government continued to focus on the affordable housing segment by…
BBMP to organise Khata mela from Feb 3-5
Good news awaits property owners waiting to get khata certificates from the Bruhat Bengaluru Mahanagara Palike (BBMP). The agency is geared up to organise a three-day ‘khata mela’ from February 3 to 5. “We are expecting to generate a revenue of Rs…
FM Sitharaman lists seven priorities of Union Budget 2023
FM Nirmala Sitharaman present the Union Budget for 2023-24 with a digital device. In 2019, FM Nirmala Sitharaman presented the Union Budget in a traditional ‘bahi-khata’ rather than a leather briefcase for the first time since independence. However, due to the Covid-19 pandemic…
Revamped credit guarantee scheme for MSMEs-Budget 2023
Finance Minister Nirmala Sitharaman in her Budget speech on February 1 announced a revamped credit guarantee scheme for micro, small and medium enterprises (MSMEs). The revamped credit guarantee scheme for MSMEs will come into effect from April 1, 2023, with an infusion…