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Nagpur civic body signs MoU with South Korean company for developing low-cost houses

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Nagpur In a major boost to Smart City project in the city, the Nagpur Municipal Corporation signed a memorandum of understanding (MoU) with Korea Land and Housing Corporation (KLHC) of South Korea in ...
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Bengaluru to have additional 26 million sq ft of office space by 2020

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Bengaluru one of the largest contributor of office space absorption has 26 million sq ft of commercial space at various stage of construction, to be completed by 2020.
However, development of of ...
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EDC rates to be reviewed in municipal controlled areas of Haryana

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Haryana Urban Local Bodies Minister Kavita Jain today directed officers to review the rates of the External Development Charges (EDC) in municipal controlled areas of the state.
Presiding over a ...
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TNRERA issues notices to 29 incomplete housing projects for registration

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The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has issued notices to 29 housing projects for registration with the realty regulator after they were found to be incomplete. They were part of ...
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Promoters Asked To Notify MahaRERA, Buyers before Selling Majority Stake

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The new rules put the onus of seeking such permission on promoters even in cases of forcible acquisition of rights by financial institutions.
As per a circular issued by the regulator on Novembe ...
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Cisco Announces $1 Billion Initiative to Fund Smart Cities

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To help city planners adopt technologies that will transform their communities globally, Cisco has announced a $1 billion programme. Under the "City Infrastructure Financing Acceleration Programme", t ...
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Rs 70 lakh land diversion tax recovered from defaulters in Indore

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In a bid to achieve its annual target of Rs 150 crore, district administration has started tightening noose around big land diversion tax defaulters. On Wednesday, they have recovered around Rs 70 lak ...
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Affordable housing firm Mahaveer gets Rs380 crore from Piramal Finance

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Affordable housing company Mahaveer Group has raised Rs 380 crore from Piramal Finance Ltd for five of its projects in Bengaluru, three people familiar with the transaction said.
The builder pla ...
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100 structures razed to stop development of illegal colony in Bhondsi

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The enforcement wing of the department of town and country planning (DTCP) demolished over 100 unauthorised structures in Bhondsi to clear around 12 acres of land. An illegal colony was being develope ...
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Fortis proposes to buy RHT Health assets for Rs. 4,650 cr

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Gurugram-based Fortis Healthcare Ltd has proposed acquisition of all the securities of Singapore-listed RHT Health Trust (RHT) for an enterprise value of around ₹4,650 crore.
Fortis, announced ...
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