PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Huda To Acquire 102 Acres For Central Peripheral Road in Gurgaon

Loading video...

Description

Realty News Roundup is PropGuide’s selection of daily top stories from the real estate sector.

The Haryana Urban Development Authority (Huda) has plans to acquire 102 acres of land for Rs 700 crore for the construction of the Central Peripheral Road (CPR). The 3.2-km stretch would connect Dwarka Expressway with the National Highway-8, and significantly reduce the traffic load on the Gurgaon stretch of the highway. The CPR is also likely to boost the real estate in New Gurgaon.

The National Green Tribunal (NGT) has pulled up the Uttar Pradesh government for the manner in which the state government filed its report on the distance of various real estate projects from the Yamuna flood plain zone in Agra. The tribunal appointed a local commissioner and asked him to file a correct position of flood plains. Many developers in Agra are suffering losses because of an interim order, banning all commercial activities for the past one year.

Indiabulls Housing Finance Ltd will raise Rs 400 crore by issuing debentures on a private placement basis. In the issue that opens on August 11, the company proposes to issue 4,000 secured non-convertible redeemable debentures with a face value of Rs 10 lakh each.

The Brihanmumbai Municipal Corporation plans to start work on the Goregaon-Mulund Link Road by October. The project, which is expected to be rolled out in three phases at the cost of Rs 1,300 crore, will help reduce traffic congestion in the area.

Source: Media reports 

Tags: Brihanmumbai Municipal Corporation, Video, National Green Tribunal, Indiabulls Housing Finance, propguide, Agra, Central Peripheral Road, Goregaon-Mulund Link Road, Yamuna flood plain zone


Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

DDA To Auction Vacant Land Parcels. Why This Matters

The Delhi Development Authority has decided to auction land parcels in densely populated areas of the city to protect its vacant land parcels from encroachment. PropGuide on why is this important.

October 12 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: NGT For Environmental Audit Of Govt Buildings In Delhi

Here are today's top news stories from the real estate sector.

November 24 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Loan Borrowers To Get 60-Day Breather From RBI

Here are today's top news stories from the real estate sector.

November 22 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: BMC To Hand Over Open Spaces To Residents For Maintenance

Here are today's top news stories from the real estate sector.

September 30 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: DDA Plans To Resell 13,000 Flats

Here are today's top news stories from the real estate sector.

September 27 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: 21 Greater Noida Housing Societies To Get Completion Certificate Next Month

Here are today's top news stories from the real estate sector.

September 23 2016

+ Click Here To Read This Article

Categorised into four, the Supreme Court approved these codes today.

PropGuide lists prime factors that makes KR Puram an emerging real estate market.

Data show chief executive officers in South Africa and India take home more than the estimated...

Rs 500 and Rs 1,000 were banned from November 8 midnight. What will be the impact on real estate...

Goods And Services Taxes (GST): The Rajya Sabha on Wednesday passed the Constitution Amendment Bill...

Kolkata is known to be one of the most affordable real estate destinations among major Indian...

The state plans to amend the Maharashtra Regional Town Planning Act to handle illegal constructions...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

PropGuide dejargons complex real estate terms for you.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top