Gurgaon: After the Sirhaul toll plaza on the Delhi-Gurgaon expressway was razed in February 2014, the Haryana government has decided to remove the Kherki Daula toll plaza located on NH8. Haryana Public Works Department (Buildings and Roads) Minister Rao Narbir Singh on Friday said that efforts were being made to remove the Kherki Dhaula toll plaza and provide relief to […]
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Gurgaon: A meeting of the special task force constituted to monitor development work in Gurgaon on Thursday (07/04/2016), gave its nod for the appointment of consultants to construct flyovers or underpasses on Sohna Road and Huda City Centre crossings. The consultants will conduct a feasibility study before deciding on the modalities of construction. The meeting was presided over by chief […]
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GURGAON: Personal Rapid Transit (PRT), the proposed pod taxi service between Sirhaul and Rajiv Chowk in Gurgaon, could soon become a reality, after NHAI presented a feasibility report of the project and invited expressions of interest (EOI) from international agencies, including the favourite Metrino of Poland, to start work on it. Highway administrator A K Sharma said the agency to […]
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Realty firm Unitech is looking to raise about Rs 500 crore from private equity firms for the development of housing project in Noida and repay LIC’s debt. The company is in advance stage of discussion with 2-3 private equity firms, including one from the Middle East, to raise funds, sources said. Unitech would use the amount raised to clear the […]
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Reserve Bank of India governor Raghuram Rajan has slashed rates by 25 basis points to 6.50%. This is expected to have a direct impact on home loan rates which will get cheaper by at least half a percentage point.
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The KMP Expressway will give a fillip to the surface infrastructure landscape in NCR GURGAON: The opening of Palwal-Manesar stretch of Kundli-Manesar-Palwal Expressway has come as a shot in the arm of developers in the area who are expecting unprecedented gains due to increased connectivity. The 53-km stretch of KMP Expressway was inaugurated on Tuesday by Union transport minister Nitin […]
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Corporate real estate space take-up during the quarter was led by Delhi-NCR with a share of 31% of total transacted space in the leading cities, followed by Mumbai (23%) and Bangalore (17%). NEW DELHI: After the strong December quarter, the first quarter of calendar year 2015 was a sluggish one for office space absorption in India with approximately 5 million […]
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New Delhi: Interest on home loans is expected to come down helping a revival of housing sales following the Reserve Bank of India’s lowering of policy rate by 0.25 per cent today, say realty experts. The RBI has reduced the short-term lending rate by 0.25 per cent to 6.5 per cent. The total reduction is now 1.5 per cent since […]
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GURGAON: The revised layout plan of Sector 110 A has been approved by Huda, paving the way for allotment of alternative plots to ousters for the Dwarka expressway project and clearing a major hurdle in the way of the completion of the much awaited new corridor between Gurgaon and Delhi. Huda officials said that with the green signal to the […]
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NEW DELHI: Infrastructure major Larsen & Toubro (L&T) has won Rs 2,271-crore orders that include a major commercial development and a transmission line contract in Thailand. “The Construction arm of Larsen & Toubro Ltd has won orders worth Rs 2,271 crore across its various businesses. Buildings & Factories Business has bagged a major turnkey order worth Rs 1,500 crore from […]
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