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Works on three lakh houses to begin in July: Andhra Pradesh housing minister

AMARAVATI: Andhra Pradesh government is gearing up to kick-start works on at least 3 lakh houses in YSR Jagananna colonies in a span of three days in the first week of July. The district collectors have been directed to ensure launch of works on one lakh houses each day on July 1, 3 and ...

June 29, 2021

Seventeen lakh houses to be constructed under Navaratnalu phase I in Andhra Pradesh

TIRUPATI: State finance minister Buggana Rajendranath Reddy stated that state government is committed to complete the construction of 17 lakh houses to be handed over to the beneficiaries in Phase-1 of Navaratnalu Pedalandariki illu programme. State finance minister and district in-charge minister Anil Kumar Yadav held a review meeting of various government programmes in ...

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June 29, 2021

Offices after covid: Wider hallways, fewer desks

Representative Image GRAND RAPIDS: The coronavirus already changed the way we work. Now it’s changing the physical space, too. Many companies are making adjustments to their offices to help employees feel safer as they return to in-person work, like improving air circulation systems or moving desks further apart. Others are ditching desks and building ...

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June 28, 2021

Real estate development along national highways offers over 15% returns: JLL India

Real estate development along national highways can generate a return of more than 15 per cent for builders and potential investors, according to property consultant JLL India. The government is focusing on providing world-class infrastructure and related services for the highway network, it said. Also read: More competition in road sector could impact profits ...

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June 28, 2021

Bidhannagar police urge Salt Lake homeowners to submit tenants’ details

KOLKATA: The Bidhannagar police on Sunday sought cooperation from the residents of Salt Lake and requested them to submit the details of tenants and paying guests staying in rented accommodations and guest houses. A meeting between the cops and the representatives of nine block committees in Bidhannagar Municipal Corporation’s (BMC) board of administrators chairperson ...

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June 28, 2021

How covid-hit co-working spaces in Noida are wooing clients back

NOIDA: Slashed rates, free trials and safety assurances — co-working spaces in the city are going the extra mile to bring back clients or retain existing ones as restrictions have started to ease. Co-working businesses have been among the worst-hit during the pandemic as people have preferred to work from home. Owners, however, feel ...

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June 28, 2021

About 330 families get keys to 2-BHKs under Telangana government’s housing scheme

HYDERABAD: As many as 330 families on Saturday were handed over the keys of lake-view apartments in Ambedkar Nagar near Hussainsagar under the government’s 2-BHK housing scheme. The 330 families were part of the 784 from economically weaker sections who will get houses under the government’s flagship housing scheme within the next two weeks. ...

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June 27, 2021

Commercial rentals in Indore drop by 15% during pandemic

INDORE: Rentals for commercial property in Indore, a leading business centre of the state, have fallen by around 15 per cent as compared to pre-Covid-19 time due to a plunge in demand and shrinking requirement of office spaces in pandemic. In the commercial real estate sector, office spaces have suffered the most declines in ...

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June 27, 2021

Max Estates raises Rs 240 crore for commercial project in Noida

Max Estates, the real estate arm of Max Group, has raised Rs 240 crore from Induslnd Bank for its upcoming commercial project on the NoidaExpressway, which will offer both office and retail spaces, a senior company executive said. With this fund raise, the company has achieved financial closure of the Rs 415 crore project ...

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June 25, 2021

Suraksha Realty outbids NBCC for Jaypee Infra

The debt resolution plan of Mumbai-based Suraksha Realty Limited along with Lakshdeep Investments and Finance Private Limited has emerged the winning bid to acquire Jaypee Infratech, bagging 98.66 per cent of the votes of its Committee of Creditors. State-owned NBCC India had also submitted a bid and it got 98.54 per cent of CoC ...

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June 23, 2021