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  • New Initiative of Govt. of INDIA to help Public Grievance

    Dear All Government of India has an online Grievance forum at http://www.pgportal.gov.in  Can you imagine this is happening in INDIA? The govt. wants people to use this tool to highlight the problems they faced while dealing with Government officials or departments likeRailways. Posts.Telecom (incl. Bharat Sanchar Nigam Limited ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 5, 2009
  • IIFCL eyes Rs 11,500 crore disbursal this fiscal

    Government-owned India Infrastructure Finance Company Limited (IIFCL) expects to disburse close to Rs 11,500 crore this financial year. “Our disbursement so far this financial year has been close to Rs 6,300 crore. It was Rs 4,891 crore by the end of March 2009. We expect disbursal of Rs 10,500-11,000 crore by the end of this financial ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 7, 2009
  • Government recalls two directors from Maytas Infra board

    The government has recalled two nominee directors, K Ramalingam and O P Vaish, from the board of Maytas Infra which was handed over to infrastructure major IL&FS on Monday. Two other government nominees, Ved Jain and Anil Agawaral, will, however, continue on the board of the company. "We have to keep two directors on board (of Maytas ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 7, 2009
  • MMRDA Plans Alternative Biz Hubs

    As two main business districts of the city have reached a saturation point, the Mumbai Metropolitan Regional Development Authority (MMRDA) is planning to acquire 1.84 crore sq mt of land to set up alternative business hubs to build new rental housing projects and other facilities. The acquisition of 11 plots across the Mumbai Metropolitan Region ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 13, 2009
  • Sluggish Realty Market To Jumpstart Again

    Measures announced by the Central government to stimulate the economy by ensuring cheaper loans for homes and industry has raised hopes for people in the real estate and banking sectors. Banks like IDBI Home Finance, ICICI and SBI are anticipating that demand for home loans would increase by 20% in a couple of weeks as queries for home loans have ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 5, 2009
  • Massive Shortage of Govt office Accomodation

    There is a net shortage of 25.90 lakh sq feet of government office accommodation in Delhi alone and 20.12 lakh sq ft in other major cities, according to a report prepared by the Urban Development Ministry. In Kolkata, the demand for government office accommodation is 20,74,653 sq ft but the availability is only 13,79,402 sq ft. Similarly at ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on October 23, 2007
  • Chidambaram unveils property index for Bangalore

    New Delhi: The Housing finance regulator, National Housing Bank has launched index much like the BSE benchmark Sensex to track the price movement of real estate particularly residential housing for five cities. Finance Minister P Chidambaram launched the index called the NHB Residex for five cities- ...
    Posted to My Bangalore Blog (Weblog) by 248075 on July 12, 2007
  • New authority is being set to examine land requirements of SEZ

    Even as the row over land acquisition for industrial projects rages, a new authority is being set up to vet land requirements of SEZ projects. The move is aimed at preventing SEZ projects from turning into real estate ventures. The rural development ministry has proposed that the authority should scrutinise the demand for land by promoters before ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on April 16, 2007