Residents of Gurugram’s Chintels Paradiso housing complex, facing the demolition of five unsafe towers, are urging the developer, Chintels India Limited, to revise the per square foot (psf) rate of …
News
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Real Estate
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Canada’s CDPQ and UK-based Actis are currently in advanced negotiations to acquire the build-operate-transfer (BOT) toll road assets of Ashoka Concessions, a subsidiary of highway builder Ashoka Buildcon. This move …
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Infrastructure News
Civil Aviation Minister Unveils Futuristic Terminal Building at Rajahmundry Airport
Jyotiraditya Scindia, the esteemed Civil Aviation Minister, ceremoniously inaugurated the groundbreaking ceremony for the state-of-the-art terminal building at Rajahmundry Airport in the picturesque region of Andhra Pradesh this past Sunday. …
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Real Estate
UP-RERA Mandates Three Bank Accounts for Real Estate Projects to Safeguard Consumer Interests
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued comprehensive guidelines requiring real estate projects to maintain three separate bank accounts. The move aims to ensure effective protection of …
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Real Estate
Government Panel Urges Resumption of Construction on Noida Sports City After Layout Revisions
The Noida Sports City project in Sector 150, Uttar Pradesh, is poised to resume construction after a two-year hiatus. The Public Accounts Committee of the UP assembly has urged the …
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Real Estate
Structural Peril at Signature View Apartments: RWA Urges Immediate Relocation Amidst Collapse Risks in Delhi
Expressing grave apprehensions about the structural integrity of Signature View Apartments in northwest Delhi’s Mukherjee Nagar, the Residents Welfare Association (RWA) has called for urgent action to address the potential …
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Real Estate
Pune Real Estate Soars: 7% Surge in Property Registrations Reflects Strong Market Demand
In the month of November, there was a discernible uptick in the registration of properties in Pune, marking a noteworthy 7% annual increase, with the total number of units registering …
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The development of a bridge aimed at facilitating smooth traffic flow to Mumbai’s Chhatrapati Shivaji Maharaj International Airport Terminal 1 (CSMIA T1) is advancing rapidly, with more than 70% of …
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The real estate market in Hyderabad is experiencing a notable increase in rental rates in specific areas of the city, primarily attributed to the resurgence of in-person work. Over the …
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Roads & Highways
India’s Expansive National Highway Development Under Minister Gadkari’s Stewardship
As of the latest update on Thursday, Nitin Gadkari, the Minister for Road, Transport and Highways, provided insightful information to the Lok Sabha regarding the extensive development in India’s national …