In a novel, environmental-friendly move, the Madras High Court has set up an ‘Environmental Fund’, to finance tree plantations or maintenance of water bodies, out of the costs imposed on litigants or voluntary donations … READ FULL STORY
Mumbai is the most expensive city for expatriates in India, according to a global consulting firm’s Cost of Living Survey, released on June 26, 2018, with Hong Kong topping the list as the world’s … READ FULL STORY
A petition seeking to declare as null and void, the entire land acquisition proceedings initiated for the proposed greenfield Chennai-Salem highway project, was filed in the Madras High Court. The plea, filed on June … READ FULL STORY
The Madras High Court was, on June 22, 2018, informed by an amicus curiae that unauthorised constructions were continuing close to the beach, along a prime stretch of the East Coast Road on the … READ FULL STORY
The proposed green corridor project from Salem to Chennai is unnecessary, as the project would deprive thousands of farmers of their fertile land, secretary of the Tamil Nadu unit of the CPI, R Mutharasan … READ FULL STORY
Piramal Capital & Housing Finance, a subsidiary of Piramal Enterprises Limited, has sanctioned an approximately Rs 200 crores facility to the Appaswamy Group (Appaswamy), via a structured equity transaction, to enable the acquisition of … READ FULL STORY
Commercial real-estate developer DLF, on June 6, 2018, announced the expansion of DLF Cybercity in Chennai, by adding three blocks spread over 1.6 million sq ft. Designed by architect Hafeez Contractor, the blocks have … READ FULL STORY
Hiranandani Parks, Oragadam, is an integrated township project in Chennai, and it has launched premium residential villa plots in the project. Strategically located on the GST Trunk road connecting two national highways of Bangalore … READ FULL STORY
Considering the plight of home buyers, who are waiting to get refund of their money, a Supreme Court bench headed by chief justice Dipak Misra, gave the liberty to justice Dhingra to nominate a … READ FULL STORY
Bengaluru continued to grab the highest share of office space absorption in the January to March quarter of 2018, accounting for 34 per cent of the total leasing volume, followed by the National Capital … READ FULL STORY
Piramal Finance, the financial services arm of diversified firm Piramal Enterprises, on April 24, 2018, said it has expanded its housing finance business to Pune, marking its foray into the market. Piramal Housing Finance, … READ FULL STORY
PropTiger.com, on April 17, 2018, released the findings of its ‘Realty Decoded Report’ for Q1 (January-March) 2018. As per the report, sales across the top nine cities (Mumbai, Pune, Noida, Gurugram, Bengaluru, Chennai, Hyderabad, … READ FULL STORY
India has sought China’s assistance, to speed up the Bengaluru-Chennai railway corridor to 150 kms per hour, at the Strategic Economic Dialogue (SED) held between the two countries, in Beijing, NITI Aayog’s vice-chairman Rajiv … READ FULL STORY
