MoU signed for development of WAQF properties as commercial projects in different states

By Accommodation Times News Services Memorandum of Understanding (MoU) was signed here today, between the National Waqf Development Corporation (NAWADCO) and the National Building Construction Corporation (NBCC), for developing the Waqf properties. Dr. Najma Heptulla, the Minister for Minority Affairs and Shri M. Venkaiah Naidu,the Minister for Urban Development were also

External Commercial Borrowing (ECB) will bring cheaper funds for Slum Redevelopment, Housing Finance and Low cost housing

Accommodation Times News Services External Commercial Borrowings (ECB) will bring in cheap funds into Real Estate Sector. The much awaited Union Budget announcement was notified by RBI in its circular dated 17th dec where the Apex Bank had opened the gate for cheaper funds from international financial market. RBI/2012-13/339 A.P. (DIR Series) Circular

Development of surplus railway land for commercial purposes

So far, 135 sites have been entrusted to the Rail Land Development Authority (RLDA) of Ministry of Railways for development of vacant railway land. These are; Adilabad, Aurangabad, Ajmer (2 sites), Amritsar (2 sites), Ballyghat, Bangalore City, Bansdroni station, Bareilly city, Belgharia, site between Central Station and M.G. Road, sites

Need For Self-Redevelopment In Mumbai

As per reports, in 2017, there were 16,000 derelict buildings in Mumbai with a majority of them located in Byculla, Girgaum, Sewri, Parel, Mumbai Central, Nagpada, Bhendi Bazaar, Mohammad Ali Road and Crawford Market. Across India, there are countless old buildings in ruins, facing problems of water leakage, cracks in beams

Ahmedabad: Role Model for Infrastructure Development

By Accommodation Times News Services Ahmedabad is the largest city and the erstwhile capital of Gujarat with a population of slightly more than 56 Lakhs as per the 2011 census. It is an important industrial and economic hub of the country with well-developed sectors such as communication, construction and commerce. It

Puravankara plans to add 10 million sq ft commercial, retail by 2023

By Accommodation Times Bureau BENGALURU: The Puravankara Limited,  real estate developer is planning to add 10 million sq. ft. to its commercial and retail operations by 2023.  Puravankara has already acquired strategic land parcels in Bengaluru, Mumbai, Pune and Hyderabad. Currently, it has three commercial projects in Bengaluru – Purva Premier, Purva Mall

Akola: Same property tax for commercial premises, other properties

By Accommodation Times Bureau MUMBAI: The state ministry of Urban Development asked Akola Municipal Corporation on Thursday to submit a report on the similar property tax levied on commercial premises and as well as other properties in the areas of the civic body. Minister of State Urban Development, Dr Ranjit Patil asked the if