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With online shopping the trend, warehouses and logistics parks to store retail products are gaining more importance. By ZAIN FAROOK - Director, Silverline Realty. When life is increasingly getting glued to the virtual world with work transpiring through the ubiquitous...

Bengaluru has witnessed highest sales in residential units across the country during the second quarter of 2018, which was aided by renewed interest from IT/ITeS professionals owing to mitigated job risks in the IT sector. The tech city has seen a jump of 32% in the...

BEIJING: China said on Thursday it would renew efforts to crack down on property irregularities in 30 major cities from July to end-December, mobilizing powers from seven major Chinese government agencies in a concerted effort to rein in rising prices. The country's...

CHENNAI: A fortnight after verification of parent documents for new property registrations was made mandatory, registration of about 500 land documents has been rejected across the state. Of these, 350 pertained to fraudulent parent documents, while registrations for...

CHENNAI: The powers of the special purpose vehicles formed under the smart city project have been enhanced in Tamil Nadu as per an order issued by the municipal administration and water supply department. The boards formed by various smart city will have a revised...

HONG KONG: Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in the world's least affordable property market. The tax, at 200 % of a newly...

CHANDIGARH: To ensure fire safety norms are complied with, the Chandigarh Municipal Corporation (MC) is all set to make no objection certificates (NOC) mandatory for residential buildings. At present, fire NOCs are required for commercial, industrial and institutional...

PUDUCHERRY: Continuing with the 'name and shame' approach, Puducherry Lieutenant Governor Kiran Bedi today said the territorial government would publish from tomorrow a list of names of those who have defaulted on property tax. In a whatsapp message to media persons...

THIRUVANANTHAPURAM: LSG minister KT Jaleel said that ineligible beneficiaries will be excluded from LIFE mission beneficiary list. He was talking at the plan review meeting of local bodies here on Thursday. "Village extension officers are scrutinising whether...

PUNE: PMC officials have issued notices to 1,472 properties, including bungalows, housing societies and commercial establishments, between June 1 and 22 for facilitating mosquito breeding on their premises. The city has already registered 160 cases of dengue in the...

HYDERABAD: The MA&UD department might be keen on creating new urban development authorities, but it seems to have given up on its plans for an integrated Hyderabad Metropolitan Region (HMR) master plan. Though an exercise to integrate five master plans was taken up...

PANAJI: While GMR Goa International Airport Limited (GGIAL) will build the Greenfield Airport at Mopa, the 81 lakh sqm land acquired for the project will continue to be in possession of the state government, said the directorate of civil aviation. "The government has...

NAGPUR: The economic offence wing (EOW) has unearthed a housing loan scam worth Rs2.35 crore at the Indian Overseas Bank’s (IOB) Hanuman Nagar branch. Cops have arrested three officials - former assistant manager (advance) Gopichand Khandekar, Pranali Baghel and the...

CHANDIGARH: The Haryana government has initiated the process to cancel all the 11 registries of land in Manesar which were done against the judgment of the Supreme Court. "Action will be taken against those involved in selling government land fraudulently. Also, the...

BENGALURU: Demand for steel is expected to grow for meeting the needs of the state-run flagship schemes like Make in India, housing projects and the defence sector, said Union Steel Minister Chaudhary Birender Singh on Friday. "Demand for value-added and sophisticated...

MUMABAI: Bank of Baroda has sold its Rs 410 crore loans in Binani Cement to Edelweiss Asset Reconstruction Company in a reflection of the lenders’ frustration in resolving a bankruptcy that’s mired in litigation, said two people familiar with the matter. The sale of...

MUMBAI: Realty developer Wadhwa Group is eyeing revenue worth Rs 4,000 crore from the first phase of its 450-acre integrated township project under the Navi Mumbai Airport Influence Notified Area (NAINA) in Panvel near Mumbai, said a top official of the company. This...

NEW DELHI: The Public Accounts Committee (PAC) of the Delhi Assembly on Friday found "serious irregularities" on the part of the NBCC in redevelopment of three colonies in the national capital. The PAC's members on Friday inspected three project sites at Nauroji...

HYDERABAD: If the Secunderabad Cantonment Board (SCB) has its way, the 28-acre Nizam-era trenching ground in Hasmathpet with an acre of land quoted at a staggering ₹4 crore could well be housing Cantonment staffers and workers. Presently, the ground is not in use and...