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Shapoorji Pallonji realty expanding its presence in residential segment
Shapoorji Pallonji realty expanding its presence in residential segment
Apr 18, 2014

Shapoorji Pallonji Real Estate, headed by Shapoor Mistry, is rapidly expanding its presence in the residential segment. Hitherto, it had dominated the commercial space. The company is famous for

New land policy for major ports aims to leverage land resources for commercial advantage
New land policy for major ports aims to leverage land resources for commercial advantage
Jan 17, 2014

On 16 January, the union government unveiled the new policy guidelines for major ports, with an objective to leverage land resources for commercial advantage. While participating in the `Ports in

Indore city to get four-lane road connecting super corridor with the airport
Indore city to get four-lane road connecting super corridor with the airport
Dec 28, 2013

Indore city to get four-lane-road connecting Super Corridor with Devi Ahilya Airport and eastern parts of the city that is witnessing large developments. Right now if any resident of eastern part of the city has

Mhada's residential project at BKC has been stalled
Mhada's residential project at BKC has been stalled
Dec 27, 2013

The Maharashtra Housing and Area Development Authority (Mhada), project to construct residential towers on Bharat Nagar, the land owned by them in the Bandra-Kurla Complex

No new edifice allowed on roads not 6m wide
No new edifice allowed on roads not 6m wide
Dec 16, 2013

The new building bylaws has been put into force, under which no building - residential or commercial - would be allowed to be constructed along a road that is less than six metre wide also the road width

Construction workloads to expand 6% in 2014 says RICS India Q3 Survey
Construction workloads to expand 6% in 2014 says RICS India Q3 Survey
Dec 11, 2013

According to a survey by RICS, the total workloads in the construction sector dropped during the third quarter of the year and the fall was visible across each individual segment such as public and

L&T Shipbuilding bags repeat order from Qatar Firm
L&T Shipbuilding bags repeat order from Qatar Firm
Dec 10, 2013

L&T Shipbuilding, a subsidiary of engineering major Larsen & Toubro bags a repeat order from a firm based in Qatar for six specialised commercial vessels, valued at USD 154 million (Rs 943

Metro trial run sees 7 trains on tracks doing full stretch of VAG corridor
Metro trial run sees 7 trains on tracks doing full stretch of VAG corridor
Dec 07, 2013

The Mumbai Metro One Pvt Ltd. (MMOPL) has decided to conduct several trials to check the entire system before the first commercial run for the public, tentatively slated for mid-January. Seven Metro trains

Noida Authority gives approval of mixed land use
Noida Authority gives approval of mixed land use
Dec 05, 2013

Noida Authority at its 180th board meeting provided in-principle approval of mixed land use policy for specific areas within industrial and residential sectors, wherein certain commercial

ECB norms for infrastructure firms eased, restrictions on parent company removed
ECB norms for infrastructure firms eased, restrictions on parent company removed
Dec 04, 2013

On 3 December, Reserve Bank of India (RBI) eased norms for infrastructure companies raising overseas funds for projects. Companies can now raise funds through the external commercial borrowing (ECB) route for their infrastructure projects through their holding firms or core investment firms. The move

Godrej Properties to emerge as the fastest growing biz: Adi Godrej
Godrej Properties to emerge as the fastest growing biz: Adi Godrej
Nov 27, 2013

According to Godrej Group Chairman, Adi Godrej, Godrej Properties Ltd will emerge as the “fastest growing business” of the Godrej Group and the Rs 700 crore rights issue has increased

MMRDA  is now looking at 'realistic' Jan 15 deadline for Metro One
MMRDA is now looking at 'realistic' Jan 15 deadline for Metro One
Nov 26, 2013

Metro One has missed numerous deadlines since work started in 2008 . The Mumbai Metropolitan Region Development Authority (MMRDA) is now looking at a January 15 deadline to begin commercial

Navi Mumbai growing to become Indian hospitality's new vista
Navi Mumbai growing to become Indian hospitality's new vista
Nov 25, 2013

Navi Mumbai becoming a regional priority for hotel operators as over the past few years it has emerged as a preferred weekend destination for the citizens of India's commercial capital with several scenic

Ascendas targeting an asset size of Rs 3,000 cr in Indian cities
Ascendas targeting an asset size of Rs 3,000 cr in Indian cities
Nov 20, 2013

Ascendas Pte Ltd, Singapore-based commercial space developer is targeting an asset size of over Rs 3,000 crore (S$600 million) to invest in commercial space in major Indian cities for

Cidco plans to float global tendering of RFQ for airport partner soon
Cidco plans to float global tendering of RFQ for airport partner soon
Nov 16, 2013

Prime Minister Manmohan Singh having okayed the compensation package offered to the villagers and most of them accepted it. The City and Industrial Development Corporation (Cidco) plans to go ahead