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Ahmedabad & Hyderabad to be new mega cities in short Future

Ahmedabad & Hyderabad to be new mega cities in short Future

At present, India is home to five mega cities, with over 10 million population, but by 2030 this number will go up to seven. Delhi will continue to be the second most populous city in the world till 2030, adding a staggering 9.6 million people to its population — the most in any mega city. The facts have been revealed in the 2016 World Cities...

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Several countries keen to participate in Smart City project: Govt

Several countries keen to participate in Smart City project: Govt

NEW DELHI: Several countries, including Spain, Canada, Germany and the UK, have shown keen interest to participate in the Union government’s flagship Smart City project, the Parliament was informed on Friday. In a written reply to a question in the Rajya Sabha, Minister of State for Urban Development Rao Inderjit Singh said other countries that have evinced interest to participate in the project include China,...

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Loksabha passed Benami Property Bill

Loksabha passed Benami Property Bill

NEW DELHI: Seeking to check black money, Lok Sabha on Wednesday passed a comprehensive Benami Transactions Amendment Bill, with Finance Minister Arun Jaitley assuring that genuine religious trusts will be kept out of the purview of the legislation. Moving the Benami Transactions (Prohibition) Amendment Bill 2015 for the consideration and passage, the Minister said the legislation was predominately an anti-black money measure and its purpose...

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Navi Mumbai airport to start operations by December 2019, says minister

Navi Mumbai airport to start operations by December 2019, says minister

MUMBAI: Mumbai’s air gridlock may start easing in the next four years. The Centre on Thursday said the Navi Mumbai International Airport, which is to act as the aerial bypass to the choked-to-capacity Chhatrapati Shivaji International Airport, may start operations by December 2019. Minister of state for civil aviation Jayant Sinha told Lok Sabha , “Selection of concessionaire on public-private partnership basis shall be finalized...

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Thiruvananthapuram before it turns a costly affair –Nos of property registrations go up

Thiruvananthapuram before it turns a costly affair –Nos of property registrations go up

THIRUVANTHAPURAM: With the revised stamp duty and registration fee for property transaction between family members to be effective from Monday, sub-registrar offices across the state have been witnessing an unprecedented rush. In the one week that followed the budget presentation that announced that the charges would go up, the total number of registrations reached 29,634, more than double the figure in the preceding week (13,313)....

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Andhra to sign MoU with Kazakh capital over building new capital

Andhra to sign MoU with Kazakh capital over building new capital

VIJAYAWADA: Andhra Pradesh will sign a MoU with Kazakhstan’s capital Astana to work together on building new state capital Amaravati, an official statement said on Sunday. This was decided when Chief Minister N. Chandrababu Naidu, who is currently on a visit to Kazakhstan, met Astana Mayor Asset Issekeshev. The MoU will be signed in a few months, said a statement from the chief minister’s office...

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UK commercial property feels chill of Brexit fallout

UK commercial property feels chill of Brexit fallout

LONDON: Britain’s commercial property market took a beating on Tuesday as a jump in demand by investors to take out money from one real estate fund led the manager to suspend withdrawals, driving a sell-off in a range of industry-related stocks. That came as the Bank of England reiterated concerns about the outlook for commercial property after Britain’s recent vote to leave the European Union...

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12 Noida commercial plots to be auctioned

12 Noida commercial plots to be auctioned

NOIDA: The Noida Authority on Friday announced the auction of a few commercial plots ranging from 6,046 square metres to 64,500sqm in different sectors on a 90-year lease. The bidding for these plots will begin at Rs 96.13 crore for the 6,046sqm plot, while the one for 64,500 sq m will begin at Rs 1,025 crore. The bids will be finalized on July 11, 2017....

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