We are on schedule and expect to complete some projects ahead of time
Gujarat Conex 2023 to be held from 21 to 23 Sept
Town planning schemes in ploy for industrial zones out of Ahmedabad
The Ahmedabad Urban Development Authority (AUDA), is drawing 16 town planning (TP) schemes to meet the requirements of the manufacturing sector.
The scheme will not allow potential polluting units to enter the clusters. The TP schemes will have 18 to 30 metres or more wide roads, and no residential areas will be planned within proximity to these schemes. The TP schemes have been submitted to the state urban development department. The schemes are for Kalana, Kalana-Shiyavada, Chharodi-Dodar-Khoraj-Virochan Nagar, Chharodi, Iyava-Rupavati-Khoda, Iyava-Vasna, Chharodi-Naranpura..All you need to know about top infra projects in Maharashtra
Maharashtra, the wealthiest most industrialised state, is one of the highest contributors to the overall economy of the country. Over the years, the contribution of the real estate and construction sectors in the Maharashtra’s overall GDP has grown significantly. Construction projects stimulate activity in the entire economy and the Maharashtra Government has been pushing for developing world-class infrastructure.
Let’s take a look at the major infrastructure projects being executed in M..
LIC Housing Finance net profit dips 9.14% in Q4 of FY24; Rs 10.8206 bn
LIC Housing Finance disclosed a 9.14 % decline in its net consolidated profit for the quarter ending March 31, 2024. Its profit after tax reached Rs 10.8206 billion in Q4 FY24, down from Rs 11.9088 billion in the corresponding period of the previous fiscal, as per the company's filing with BSE. The net consolidated total income for Q4 FY24 amounted to Rs 69.4861 billion, marking an 8.04% increase from Rs 64.3123 billion in the same quarter last year.
Tribhuwan Adhikari, MD & CEO said, "Our focus on reduction in NPA and control over cost of funds have enabled us to close the year with a..
Rs.50 Mn Budget No Guarantee for Luxury Housing in NCR
Despite a budget of ?50 million , luxury housing in the National Capital Region (NCR) may not be easily attainable as prices continue to soar to new highs. The real estate market in the NCR region is witnessing unprecedented price escalations, making luxury accommodations increasingly out of reach for many prospective buyers.
The surge in prices is attributed to various factors, including increasing land costs, construction expenses, and high demand for premium properties in prime locations. Developers are capitalising on the growing demand for luxury housing, leading to a significant u..