real estate news
The Chandigarh Housing Board (CHB) has decided to auction 154 properties - 101 commercial and 53 residential. All the properties are mainly in Manimajra and southern sectors. The interested customers will be given ample time to apply for the e-bidding to purchase commercial and residential properties. Moreover, the wings of the CHB have made arrangements for prospective buyers to inspect the properties.

Out of the 101 commercial properties, 99 will be auctioned on leasehold and the remaining on freehold basis. The reserve price and earnest amount will vary for property according to size, area and location. On the other hand, all 53 residential properties will be e-auctioned through freehold basis. Thirty of them are new and for the rest it will try to find takers after failing to find any in the previous auction. The authority has also reduced the 15% reserve price of leasehold commercial properties which is likely to attract more bidders.
The Union Shipping Ministry has targeted a pipeline of 81 public private partnership (PPP) projects worth ₹42,300 crore for developing berths and

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The Union Transport Minister has laid the foundation stones for eight National Highway Projects involving ₹3,000 crores in Godawari, Andhra Pradesh

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The Maharashtra Metro Rail Corporation Limited (Maha Metro) has submitted a DPR to the Pune Municipal Corporation for the construction of

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The Union Railway Ministry has approved the rail line connecting Sangareddy with Medak to Jogipet involving an investment of ₹2,000 crore. It will

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The National Highways Authority of India has floated tenders for multiple road infra projects involving ₹1,897.47 crores. It has invited bids for the

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German transnational company, Continental Automotive, has bought 8.5 lakh sq. ft office space in Bangalore for around ₹850 crore. The office property in

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The Noida Authority has decided to restart the construction work of the Chilla elevated road corridor starting from Sector 14A Chilla regulator near Mayur Vihar

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A contract for USD 136 million Maldives Hanimaadhoo International Airport Development Project was signed between the Government of Maldives and JMC Projects

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Due to the government’s current Covid-19 policy and Messe Muenchen’s concern for the health and safety of the exhibitors and visitors

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Kolkata Port, which is also known as Syama Prasad Mookerjee Port, has appointed a consultant to carry out a techno-feasibility study for a tunnel under Hooghly

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AA Holdings has partnered with Logiy Spaces to build ₹400 crore Industrial and Logistics Park in Karnataka. The project, spreads across one million square feet

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Kerala government has planned to build a sports city on an area of 50 acres at an investment of ₹2,000-crore in the Ernakulam district in a phased manner

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Brihanmumbai Municipal Corporation (BMC) has floated tender for the construction of ₹350 crore bridge between Juhu Versova Link Road (JVLR) and Mayor Hall

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Ashoka Buildcon has received a letter of acceptance (LoA) from the South Western Railway (SWR) involving an investment of ₹258.12 crore. It involves the

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India will get its first undersea tunnel as a part of the Ahmedabad-Mumbai high speed rail (bullet) train project. NHSRCL, which is implementing the project

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National Highways Authority of India has been tasked to construct triple-deck flyovers — two flyovers and a metro lane — on the city's national highway segments

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Birla Estates will develop a housing project on 10 acres of land parcel in Bengaluru. It is located at Raja Rajeshwari Nagar, South Bengaluru and requires a

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Chennai Metro Rail in an official statement said that its Phase II will cover 118.9-km long network, covering another 93 km extension up to Parandur, the site for a greenfield airport. In fact, three corridors have been planned with an investment of ₹61,843 crore

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M.S.Ramaiah Developers and Builders (MSRDB) has decided to invest ₹3,000 crore to expand its retail and commercial real estate footprint across Bangalore, Goa, and Andhra Pradesh. With the targeted investment the company is doubling its retail and commercial

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The Karnataka government has announced that the existing Bidar-Ballari road will be widened to a four-lane express highway for improving road connectivity in the region. Steps have been initiated to build airports in Raichur and Ballari and adding a ring road

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