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Kolkata After abolishing the Housing and Infrastructure Development Corporation (Hidco)’s chairman quota for allotment of plots and flats, chief minister Mamata Banerjee on Tuesday treaded the same path for Kolkata Metropolitan Development Authority (KMDA)...

It may look a little strange, but the worst hit in the Indian stock market collapse on Monday — following S&P’s downgrade of US’s credit rating — was the real estate sector. The BSE real estate index dropped 4.46% on Monday, the highest amongst all indices....

Ahmedabad The state’s latest municipal corporation has introduced its new property tax formula and weightage for different properties. The proposal would be placed before the general board of the Gandhinagar Municipal Corporation (GMC) for final consent....

Over 250 farmers from about 17 villages in Noida hit the streets demanding developed plots and higher compensation from the Noida Authority on Tuesday. The farmers, who joined the protests under the banner of Kisan Bachao Sangharsh Samiti (KBSS), started...

A significant increase in provision for income tax has led to a 10 per cent dip in net profits for Bangalore-based real estate company Sobha Developers, to Rs 30.9 crore during the first quarter of this fiscal. Last year, the company recorded Rs 34.3...

Bangalore Barely a month after the government backed off following stiff opposition to the South Korean Posco steel plant in Gadag district, land acquisition is haunting farmers of Mundargi taluk. Though no industry has expressed intention to set up shop...

Mumbai The Palm Beach Road is not just a 10 km long six-lane road. It is a man-made wonder. At a time when almost all roads in Mumbai have become pockmarked, this is one exception. Built to connect Vashi and CBD Belapur via Nerul and Seawoods, the areas...

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Ahmedabad The Ahmedabad-Mumbai expressway project via Vadodara and Surat has been fast-tracked. The National Highway Authority of India (NHAI) has finally invited tenders for the six lanes over the Narmada bridge. The authority has already invited tenders...

Pune A day after violent protests in Maval taluka against the Pavana pipeline project, district collector Vikas Deshmukh on Wednesday said that farmers’ interests will be protected in the ongoing and forthcoming land acquisition proposals in Pune district....