March 2024

Here’s how metro projects in multiple cities will impact real estate markets

Here’s how metro projects in multiple cities will impact real estate markets

Prime Minister Narendra Modi today unveiled multiple metro projects across Kolkata, Agra, Pune, Kochi and the Duhai-Modinagar (North) section of Delhi-Meerut RRTS Corridor. Experts say that these infrastructure projects are expected to induce rapid urbanisation and at the same time help decongest metro cities. These are also likely to have an impact on property prices in these areas depending on the...

NCLAT directs YEIDA, Suraksha group to settle issues over Jaypee Infratech fast

NCLAT directs YEIDA, Suraksha group to settle issues over Jaypee Infratech fast

Insolvency appellate tribunal NCLAT on March 6 gave an ultimatum and said if the issues between Yamuna Expressway Industrial Development Authority (YEIDA) and Suraksha group over Jaypee Infratech are not settled by the second week of April then it would proceed ahead. NCLAT directs YEIDA, Suraksha group to settle issues over Jaypee Infratech fast (Picture for representational purposes...

Virat Kohli leases 12 office spaces in Gurugram for ₹8.85 lakh per month

Virat Kohli leases 12 office spaces in Gurugram for ₹8.85 lakh per month

Virat Kohli has leased 12 office spaces in Gurugram for a starting monthly rent of ₹8.85 lakh for a period of nine years, documents accessed by CRE Matrix, a data analytics firm showed.The office space is located in a project called Reach Comercia, a corporate tower in sector 68 in Gurugram.. The total leased area is spread across an area of 18,430 sq. ft and comes with 37 car parkings. Virat...

Homebuyers to get interest waivers on flat cost payment delays during Covid-19

Homebuyers to get interest waivers on flat cost payment delays during Covid-19

The Yamuna Expressway Industrial Development Authority (Yeida) on Tuesday said homebuyers will not have to pay any penalty if their payments were delayed during the two years of Covid-19 (2020-21). There are at least 10,000 apartment buyers, who are awaiting their registries since the past many years in a total of nine housing projects located along the Yamuna Expressway. (HT Archive) Yeida...

Here’s what you need to know about Bengaluru’s ‘creaking’ infrastructure’

Here’s what you need to know about Bengaluru’s ‘creaking’ infrastructure’

India's Silicon Valley is grappling with one of its worst water crises just before the onset of summer. This appears to be paradoxical as a couple of years back the city woke up to boats being deployed after heavy rains lashed the IT capital and visuals of submerged villas and apartments went viral on social media. If it was the case of ‘water, water everywhere/ Nor any drop to drink’, it’s now...

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