Haryana launches one-time settlement schemes for HSIIDC plot allottees

"These schemes will provide option to plot allottees for settlement of dues and related legacy matters against plots (industrial, commercial, residential/group housing and institutional use) in respect of cost of plot and enhanced cost in industrial model townships and industrial estates of the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC)," an official press release issued by the government said.

From a small shed with Rs 5 lakh, how uncle-nephew Reddy duo built Megha Engineering, second-largest bond donor
From a small shed they set up with Rs 5 lakh capital to manufacturing pipes for local civic works to one of the largest engineering and infrastructure companies – Pamireddy Pichi Reddy and his nephew P V Krishna Reddy have come a long way.

Building the Future: Steering Indian real estate towards sustainable development
The Indian real estate sector, a cornerstone of the nation’s economy, is undergoing a monumental shift. As urbanization accelerates, with projections indicating that 40% of India’s population will live in urban areas by 2030, the demand for both residential and commercial spaces is skyrocketing. This growth, while promising, brings with it the pressing need to balance economic advancement with environmental sustainability and social responsibility—a challenge not unique to India but faced globally as nations strive to create future-proof, equitable development models.

Rural housing scheme to be revamped
The Centre will launch a revamped Pradhan Mantri Awaas Yojana- Grameen (PMAY-G) after general elections to build another 20 million affordable houses in the next five years with enhanced financial assistance. With the current affordable rural housing scheme coming to an end in March, the Budget for 2024-25 unveiled a plan to build additional houses to meet the requirement arising from an increase in the number of families.

IndoSpace launches its first in-city warehousing facility in Mumbai
Mumbai: IndoSpace, one of India’s largest industrial and logistics real estate developer, has launched its first in-city warehousing facility in Mumbai in the central suburb of Chembur. The facility, called INLOGIS Chembur, spans over 1.5 lakh square feet and offers scalability options ranging from 5000 to 35,000 square feet, the company said in a statement.

UP RERA’s game-changer directives revolutionize real estate efficiency and transparency
In the dynamic landscape of India’s real estate, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has emerged as a catalyst for change, ushering in a new era of transparency and efficiency. The recent directives issued by UP RERA are game-changers, particularly in enhancing the clarity and fairness of transactions, redefining the relationship between developers, agents, and homebuyers.

Nitin Gadkari announces 4 projects across India worth Rs 1,885 crore

Gadkari made the announcement in a series of separate posts on social media platform X (formerly Twitter). These projects are located in Karnataka, Madhya Pradesh, Gujarat and Assam. They include road upgradation and the development of an existing ropeway, among others.

Railways revenue up 8% to ₹2,40,000 crore
Indian Railways has seen an 8 per cent increase in revenue y-o-y on March 15, to ₹2,40,000 crore. Against this, the expenditure was ₹226,000 crore. Revenue on March 15, 2023 was ₹2,23,000 crore. Passengers travelled during the fiscal was 648 crores, up by 52 crore or 9 per cent up y-o-y. Passengers travelled last year was 596 crore.

Indian Railways celebrates Vande Bharat trains’ ‘grace and glory’ as India gets 10 new trains l WATCH
The Vande Bharat Express trains have brought joy to passengers nationwide. Their deployment on multiple routes has made rail travel more convenient for people, elevating the standards of Indian railways amidst evolving circumstances.