Embassy Office Park Property has filed an application before the Securities and Exchange Board of India (SEBI) for an in-principle approval to register a real estate investment trust (REIT), as per a disclosure on the market regulator’s website. And, if approved, India will witness its first real estate sector listed REIT.
Construction of incomplete COD railway over bridge in Kanpur would commence once again from December 25. The over bridge is under construction for the last four years. According to sources first of all diversion would be developed for passers by. Thereafter construction work would begin in main bridge.
According to media reports and public complaints, the under construction flyovers on the 240 km Jaipur-Gurgoan highway have turned a nightmare to motorists. The highway has flyovers under construction every third km. NHAI charges around Re 1/km, about Rs 240 as toll. And this is going for the last so many years and the highway is getting worse, especially developing numerous potholes in this rainy season.