#RealtyNewsRoundup: UP Allocates Rs 175 Cr For Agra Metro Project

Decks are now clear for the launch of a Metro rail network in Agra with the Uttar Pradesh government allocating Rs 175 crore for the project last week. The project got a clearance from the Public Investment Board recently. Running on two routes, the proposed Metro network will be around 30-kilometre long.

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Telangana Chief Minister K Chandrasekhar Rao has said that a comprehensive master plan would be formulated to convert Hyderabad into a truly global city. The Administrative Staff College of India would formulate the plan in consultation with a team of national and international experts, keeping in view the future needs of the city, Rao said.    

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The Noida district superintendent of police has formed a 14-member team to deal with property-fraud related cases in the region. As many as 500 such cases remain unresolved in this property market currently.  

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Billionaire Anil Ambani’s real estate company, Reliance Realty, has got an approval from the Maharashtra government to build a mega financial technology hub in Navi Mumbai’s Kopar Khairane. The 30-million-sqft Dhirubhai Ambani Knowledge Park would be double the size of Mumbai's commercial hub Bandra-Kurla Complex.

Source: Media reports