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NCR real estate may get costlier

The draft land acquisition and resettlement and rehabilitation bill will have a direct impact on real estate prices in Delhi and neighboring Gurgaon, Faridabad and Noida -if it becomes law. The bill’s proposals that no irrigated and multi-crop land can...

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TN govt to cancel some land allotments

Chennai The Tamil Nadu government has planned to cancel land allotted to entrepreneurs who failed to start industrial units in government industrial areas even two years after obtaining sanction. The state government also directed officials to ensure...

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Penalty to regularise Pune bldgs may go

Pune Elections are round the corner, and political parties have begun playing populist cards to appease voters. All party corporators in the Pune Municipal Corporation (PMC) are thinking of scrapping the decision to impose fine to regularise unauthorised...

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Mumbai adds 8.5L sq ft to mall space

Mumbai The city added 8.50 lakh sq ft of mall space between April and June 2011, even as retail mall space supply in India saw a 65% growth during this period, compared to the earlier quarter. “Most of the supply that entered the market was concentratedin...

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