REAL ESTATE | SMART CITIES | INFRA
Reliance Infrastructure settles Rs2,640-cr Maharashtra government dues
The state government today said it has received a payment of Rs-2,640-crore from Anil Ambani-led Reliance Infrastructure towards the arrears of electricity charges and taxes. The payment was made in two instalments through GRAS (Government Receipt Accounting System) payment system on August 29 and August 30, it added. Full Story
Passenger footfall ups airport retail space demand
Following the footsteps of major transit points globally, both the Delhi and Mumbai airports now offer a good tenant mix and demand for retail space is expected to rise at other busy airports too.
Tesla shows off solar roof at Los Angeles event
How major real estate accessories companies deal with serious issues
The Brihanmumbai Municipal Corporation’s (BMC) plans to go vertical may add three times its current built-up area. But the draft development plan (DP) neither talks about affordable housing, nor how it plans to improve the conditions in slums.
Builders unlikely to submit project plans
Construction work on new projects is unlikely to be taken up for at least a year as builders will await Development Plan 2034, with its generous FSI provisions, to come into effect. Municipal commissioner Sitaram Kunte told TOI that the draft DP will be published in the government's gazette before April 3, following which Mumbaikars will get 60 days to submit suggestions and objections. Full Story
Dynamics of luxury real estate
Innovations in RE marketing
IIA Awards 2015 brings out colour with substance
The IIA Award for Excellence this year was a star-studded affair with almost the entire Indian architect fraternity and a few well-known architects from the world over turning up to check who won, who lost. The categories of awards encompassed the gamut of creativity and utility in architecture and design. To read the complete listing of award winners this year please click here.