The conclusion of SEBI’s recent actions brings a glimmer of year-end optimism for numerous investors, as the regulatory body imposes a noteworthy penalty of Rs 1 crore on Unitech Advisors …
News
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Real Estate
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The National Capital Region Transport Corporation (NCRTC) has officially commenced the trial run for Namo Bharat trains, representing a significant advancement in the development of the Regional Rapid Transit System …
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Real Estate
Mumbai Sees Second-Highest Property Registrations in 11 Years, Records 4% Revenue Growth in December
In a significant uptick for Mumbai’s real estate sector, property registrations in December soared to the second-highest level in 11 years, marking a year-on-year increase of about a third. According …
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Kalyan-Dombivli Municipal Corporation (KDMC) is taking a stringent stance to protect home buyers and ensure transparency in the construction sector. In adherence to new state government guidelines, all developers of …
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Infrastructure News
Central Infrastructure Project Delays Show Improvement for Second Consecutive Month
For the second consecutive month, there has been a decrease in the proportion of delayed central infrastructure projects, according to a November 2023 report from the Ministry of Statistics and …
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Railway
NMRC Greenlights Sector-142 to Botanical Garden Metro Section to Enhance Delhi-Noida-Greater Noida Connectivity
In a significant move, the National Metro Rail Corporation (NMRC) has granted approval to the Detailed Project Report (DPR) for the proposed Sector-142 to Botanical Garden Metro section during its …
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The inaugural Amrit Bharat Express trains, set to be flagged off by Prime Minister Narendra Modi on December 30 from Ayodhya, are designed to provide passengers with a seamless travel …
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In a significant development, Nitin Gadkari, the Minister of Road Transport and Highways, has given the green light for an allocation of Rs 1,170.16 crore dedicated to 29 road projects …
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The Indian real estate sector experienced a notable revival in 2023, with the mid-segment and luxury-segment leading the way. Data from Anarock indicates that approximately 4,76,530 units were sold in …
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Real Estate
Greater Noida Authority Announces 12% Hike in Industrial Plot Rates Due to Land Allotment Process Change
The Greater Noida Industrial Development Authority (GNIDA) has decided to raise the rates of industrial plots by 12%, impacting individuals and businesses intending to establish industries in Greater Noida. The …