Indore’s master plan will be made only for 2041
The implementation of Indore’s master plan has always been a difficult task for the government, and now the draught of Bhopal’s master plan has been published, on which a lot of objections have been raised and many allegations have also been levelled. On the other hand, the master plan for Ujjain was declared recently. […]
Prestige Pockets SoBo Land for over Rs704 cr
Mumbai Bengaluru: Realty developer Prestige Estates Projects’ subsidiary Prestige Projects has acquired a prime sea-facing land parcel near Marine Lane and Charni Road in south Mumbai from DB Realty’s subsidiary Marine Drive Hospitality & Realty for over 704 crore. The deal values the plot at over Rs 306 crore per acre, pushing it higher […]
‘Global Capability Centres Boost Indian Office Leasing’
Domestic and global companies helped gross leasing activity in the top 7 cities in H1 by 2.5% from the year-ago period. Mumbai: The commercial real estate net absorption across India’s top seven property markets broke the six-quarter declining trend by making a recovery in the quarter ended June, supported by demand for global capability […]
Bhanwarkuan, Khajrana, Footi Kothi and Lavkush intersection on Monday
All the four flyovers will stand on single pillars, there will be no traffic jam due to sufficient space below Many such techniques are being used in the flyovers being constructed at Bhanwarkuan, Khajrana, Footikothi, and Lavkush crossroads, due to which the bridges will not only be built on time but will also save […]
Gift City to Deepen India’s Integration with Global Finance
This week, following twenty-two years of servicing international investors and representing more than half of the offshore interest in the Indian equity index, the Singapore Stock Exchange Nifty (SGX Nifty) moved to the Gujarat International Finance Technology City (GIFT) International Financial Services Centre (IFSC) in its new avatar, the GIPT Nifty. Under this arrangement, […]
Carbon’s social cost is upto three times higher than estimated
‘Carbon’s social cost is up to three times higher than estimated – but a carbon tax doesn’t address climate justice at all’ Billy Pizer is a research professor of public policy at Duke University and a former senior economist for the environment at the White House Council of Economic Advisers. Speaking to Srijana Mitra […]
Yearning playgrounds ‘Capital of Sports’
10,000 players in the city, but no facilities; annual fees range from 15 to 30 thousand in private centers. The expansion of the city doubled in 40 years, but the ground is still 8 to 10, according to the population of 35 to 40. Indore, the capital of sports, is yearning for sports […]
REAL ESTATE FIRMS STUCK IN INSOLVENCY
Real Estate Firms Stuck in Insolvency Courts have a Slower Resolution Rate’ Over a fifth of insolvency cases are from the real estate sector, but only 13% have approved plans: Study New Delhi: Real estate comprises a significant portion-more of a fifth-of filed insolvency cases, although approved resolution plans total only 13%, a […]
‘India’s Seeing a Consumption Boom’
Demographics and the government’s infrastructure push are working in the country’s favour: P&G India CEO Mumbai: Procter & Gamble (P&G) said India’s demographics and increasing work force, along with the pace of the government’s physical infrastructure thrust, have driven consumption over the past few years. The company said a confluence of a few […]
Intel to Sell Bengaluru Office and Lease it Back
Tech giant looks to monetise assets; deal likely at over Rs 450 cr Bengaluru: US technology giant Intel has decided to sell its 250,000-square-foot office space on the Old Airport Road in Bengaluru as part of efforts to monetise its real estate assets. The deal, expected to exceed ₹450 crore, is anticipated to […]
