Press Trust of India (PTI), headquartered in New Delhi, is India’s largest news agency. It was registered in 1947 and started operations in 1949. PTI has more than 400 journalists and 500 stringers, who generate more than 2,000 stories and 200 photographs every day. Subscribers to PTI’s feed include the mainstream media, research groups, specialised presses, companies, government organisations and NGOs.
The Maharashtra government, on October 6, 2016, gave a go-ahead for carrying out a detailed project report (DPR) for the greenfield international airport, which will come in Purandar tehsil of Pune district. The proposed … READ FULL STORY
The Kolkata Municipal Corporation (KMC), on September 28, 2016, set up a committee to enact a law to deal with the city’s old and dilapidated houses that pose danger to people. The panel, headed … READ FULL STORY
Gross rentals in the Delhi-NCR market remained static in the first half of 2016, compared to the same period of 2015. “At Rs 77 per sq ft per month (on a stock-weighted basis), the … READ FULL STORY
The Supreme Court (SC) has stayed an order of the National Green Tribunal (NGT), directing the Indian Railways and metro rail projects, to seek prior environmental clearances (ECs). “The order of the National Green … READ FULL STORY
Union minister for road transport, Nitin Gadkari, announced that a new access control highway would be constructed between Delhi and Jaipur, which would reduce the travel time between the cities to just two hours. … READ FULL STORY
With an aim to give capital markets a big push, the Securities and Exchange Board of India (SEBI) is likely to ease out regulations for real estate investment trusts (REITs) and infrastructure investment trusts … READ FULL STORY
The Supreme Court, on September 6, 2016, gave a stern message to Supertech, asking it to return money to investors and saying it was not concerned whether the real estate major ‘sinks or dies’, … READ FULL STORY
The Reserve Bank of India (RBI) has directed credit information companies (CICs), to provide one free full credit report, including score, once in a year to individuals whose credit history is available with them. … READ FULL STORY
Embattled real estate firm Unitech Ltd has been directed by the Supreme Court, to deposit Rs 15 crores principal amount by September-end, to pay back investors who had bought flats in its Gurgaon project … READ FULL STORY
The Gurgaon Municipal Corporation has said that it has invited proposals for the empanelment of consultants, for the planning and designing of infrastructure development like roads, water supply, storm water drainage, streetlight electrification and … READ FULL STORY
The Supreme Court, on July 22, 2016, asked the centre to take possession and secure the 31-storeyed controversial Adarsh apartments in Mumbai and issued notices to various stakeholders, on pleas challenging the Bombay High … READ FULL STORY
Over 40% of the houses allotted by the Delhi Development Authority (DDA), under its Housing Scheme 2014, have been surrendered or cancelled with some allottees complaining about the size of the flats and locality, … READ FULL STORY
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
