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11. March 2010

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Metro Rail take four years to go Greater Noida

Greater Noida from Noida’s way to bring the Metro. Construction will begin this year. To complete it in four years time DMRC has sought, but the Authority has demanded earlier to start Metro. Wednesday of the subway Detaild DMRC project report (DPR) submitted to the Authority. Greater Noida Phase One construction of the Metro DMRC [...]

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11. March 2010

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Tallest Indian skyscraper gets its act together

The Rs1,200 crore project, India’s most expensive residential address, has been bogged down by legal issues over the dangers its construction posed to the stability of Cumballa hill, on which it was being built Eight years after construction began at the Imperial twin towers project in Mumbai, its developers have finally received the mandatory occupancy certificate [...]

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11. March 2010

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Shapoorji, Ethiopia ink 50,000ha land deal

The construction company has decidedto cultivate pongamia pinnata and edible oil seeds there The 140-year old construction firm, Shapoorji Pallonji and Co. Ltd, on Tuesday signed an agreement with the government of Ethiopia to take on lease up to 50,000ha of land to cultivate pongamia pinnata—a feedstock for biodiesel—in its first major step to expand its [...]

Continue reading...

11. March 2010

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Why collect tax if building illegal? SCB asked to clarify

Hyderabad: An inquiry committee probing the March 3 accident in which a Kiran aircraft performing aerobatics as part of India Aviation-2010 show crashed into a three-storied building in New Bowenpally, sought a clarification from the Secunderabad Cantonment Board (SCB) on the tax paid by building owner L Ramesh Kumar on the unauthorised building. A three-member committee [...]

Continue reading...

11. March 2010

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Builders cash in on proposed infra projects to hardsell flats

Ananya Shekdar, a software professional, during her daily hunt for a flat was surprised when she came across a developer in Wadala who showed her the map of his residential building scheme, boasting of the site’s proximity to upcoming projects like the trans-harbour link, the Metro rail and the Monorail. In Navi Mumbai too, proposed projects [...]

Continue reading...

11. March 2010

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‘Set up panel to check SRA fraud’

Taking a serious note of the large-scale resale of flats allotted under slum rehabilitation schemes, the Bombay high court on Wednesday recommended to the Maharashtra government to set up an “independent authority’’ to monitor and take action against such offenders. The advice followed a report submitted before a division bench of Justice F I Rebello and [...]

Continue reading...

11. March 2010

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Industrial plots not for houses

These can’t be converted into residential plots, rules apex court; Punjab govt to get back 100 acres allotted for the purpose The Punjab government is set to get back about 100 acres of land in Phase VIII- A and VIII-B of Industrial Area here with the Supreme Court ruling that industrial plots can- not be converted [...]

Continue reading...

10. March 2010

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Khaitan IAS man to Head Delhi Real Estate Practice

Khaitan & Co has hired ex-bureaucrat and lawyer Dr PK Agrawal as partner to head its real estate practice in Delhi. This is Agrawal’s first assignment at a law firm, which he has now taken up after retirement. Agrawal said: “As an IAS officer, I was dealing with a lot of court cases, especially in revenue [...]

Continue reading...

10. March 2010

0 Comments

Realty major BPTP plans Rs 1,500 cr IPO in early FY11

Real estate developer, BPTP, plans to raise around Rs 1,500 crore through an IPO early next-fiscal, a top company official said. “We have applied to Sebi for approval. We hope to launch our IPO of Rs 1,500 crore early next-fiscal,” BPTP’s Managing Director, Kabul Chawla, said here today. The company, which presently has a networth of Rs [...]

Continue reading...

10. March 2010

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UP MLA held for cheating Noida builder

FAKE LETTERHEAD OF EX-CM USED TO CON A former UP minister and sitting MLA from Shikohabad was arrested by the Noida police on Monday and sent to judicial custody after his anticipatory bail in a cheating case was rejected by a local court. The police said he allegedly cheated a builder of Rs 5 crore. The [...]

Continue reading...

11. March 2010

0 Comments

Metro Rail take four years to go Greater Noida

Greater Noida from Noida’s way to bring the Metro. Construction will begin this year. To complete it in four years time DMRC has sought, but the Authority has demanded earlier to start Metro. Wednesday of the subway Detaild DMRC project report (DPR) submitted to the Authority. Greater Noida Phase One construction of the Metro DMRC [...]

Continue reading...

11. March 2010

0 Comments

Tallest Indian skyscraper gets its act together

The Rs1,200 crore project, India’s most expensive residential address, has been bogged down by legal issues over the dangers its construction posed to the stability of Cumballa hill, on which it was being built Eight years after construction began at the Imperial twin towers project in Mumbai, its developers have finally received the mandatory occupancy certificate [...]

Continue reading...

11. March 2010

0 Comments

Shapoorji, Ethiopia ink 50,000ha land deal

The construction company has decidedto cultivate pongamia pinnata and edible oil seeds there The 140-year old construction firm, Shapoorji Pallonji and Co. Ltd, on Tuesday signed an agreement with the government of Ethiopia to take on lease up to 50,000ha of land to cultivate pongamia pinnata—a feedstock for biodiesel—in its first major step to expand its [...]

Continue reading...

11. March 2010

0 Comments

Why collect tax if building illegal? SCB asked to clarify

Hyderabad: An inquiry committee probing the March 3 accident in which a Kiran aircraft performing aerobatics as part of India Aviation-2010 show crashed into a three-storied building in New Bowenpally, sought a clarification from the Secunderabad Cantonment Board (SCB) on the tax paid by building owner L Ramesh Kumar on the unauthorised building. A three-member committee [...]

Continue reading...

11. March 2010

0 Comments

Builders cash in on proposed infra projects to hardsell flats

Ananya Shekdar, a software professional, during her daily hunt for a flat was surprised when she came across a developer in Wadala who showed her the map of his residential building scheme, boasting of the site’s proximity to upcoming projects like the trans-harbour link, the Metro rail and the Monorail. In Navi Mumbai too, proposed projects [...]

Continue reading...

11. March 2010

0 Comments

‘Set up panel to check SRA fraud’

Taking a serious note of the large-scale resale of flats allotted under slum rehabilitation schemes, the Bombay high court on Wednesday recommended to the Maharashtra government to set up an “independent authority’’ to monitor and take action against such offenders. The advice followed a report submitted before a division bench of Justice F I Rebello and [...]

Continue reading...

11. March 2010

0 Comments

Industrial plots not for houses

These can’t be converted into residential plots, rules apex court; Punjab govt to get back 100 acres allotted for the purpose The Punjab government is set to get back about 100 acres of land in Phase VIII- A and VIII-B of Industrial Area here with the Supreme Court ruling that industrial plots can- not be converted [...]

Continue reading...

10. March 2010

0 Comments

Khaitan IAS man to Head Delhi Real Estate Practice

Khaitan & Co has hired ex-bureaucrat and lawyer Dr PK Agrawal as partner to head its real estate practice in Delhi. This is Agrawal’s first assignment at a law firm, which he has now taken up after retirement. Agrawal said: “As an IAS officer, I was dealing with a lot of court cases, especially in revenue [...]

Continue reading...

10. March 2010

0 Comments

Realty major BPTP plans Rs 1,500 cr IPO in early FY11

Real estate developer, BPTP, plans to raise around Rs 1,500 crore through an IPO early next-fiscal, a top company official said. “We have applied to Sebi for approval. We hope to launch our IPO of Rs 1,500 crore early next-fiscal,” BPTP’s Managing Director, Kabul Chawla, said here today. The company, which presently has a networth of Rs [...]

Continue reading...

10. March 2010

0 Comments

UP MLA held for cheating Noida builder

FAKE LETTERHEAD OF EX-CM USED TO CON A former UP minister and sitting MLA from Shikohabad was arrested by the Noida police on Monday and sent to judicial custody after his anticipatory bail in a cheating case was rejected by a local court. The police said he allegedly cheated a builder of Rs 5 crore. The [...]

Continue reading...
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