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PM sets targets for awarding roads and highway projects On the direction of the Prime Minister Dr. Manmohan Singh, the Ministry of Road Transport and Highways has assured that 15 major projects of 1,547 kilometers of Roads and Highways will be awarded within this financial year. Another 11 projects for 1,731 kms of Roads will [...] NEW DELHI: The country’s largest realty firm DLF is understood to have earmarked an investment of Rs 8,000 crore to develop a 450-acre integrated township at Gurgaon within 2-3 years. The proposed township – DLF Garden City – will be spread over sectors 86, 87, 90, 91 and 92 (new Gurgaon), and will comprise [...] MUMBAI – DLF Ltd., India’s largest property developer by sales, said profit for the fiscal third quarter fell 45% from a year earlier, hurt by lower sales as demand for new homes and offices remained subdued due to slowing economic growth and as interest payments on outstanding loans increased. The New Delhi-based company said consolidated [...] MUMBAI: Prospective home loan seekers will now have to shell out 25% to 30% of the value of a property as against 20% until now with the Reserve Bank of India asking banks to exclude stamp duty, registration fee and other levies from total cost. Effectively, this means that the ‘loan to value’ ratio has [...] All real estate buyers in UP are waiting election result. Builders are aligned to some party and changing loyalty needs time. End user’s dilemma is their project may get stuck after SP/Congress comes in power. This combo may legally hold projects of BSP loyal builders. Two major options are possible SP/Congress and BSP/BJP. No [...] |
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