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Maharashtra announces new real estate norms
Apr 2017 , by in News/Views

India will soon be getting its first real estate regulator and developers will have to toe the line or face severe penalties. The Maharashtra government on Thursday announced the rules for its regulator, ahead of the various state regulators coming into effect. Maharashtra's real estate regulator... Read more...

HC orders sealing of flats in Greater Noida
Apr 2017 , by in News/Views

The Allahabad High Court has directed the Greater Noida Authority to seal all illegal flats in Supertech’s Czar housing project located in sector Omicron. The Bench comprising Chief Justice D.B. Bhosale and Justice Yashwant Varma passed the order on Tuesday while hearing a petition filed by V.K... Read more...

Solar power to become cheaper than coal
Apr 2017 , by in ALLIED

India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected cost of around Rs2.90 per unit for the solar power projects at Bhadla in Rajasthan that have received 51 bids. This price is less than the average rate of power generated by the coal... Read more...

India Cements rally 20 per cent in two days
Apr 2017 , by in ALLIED

India Cements hit its 52-week high of Rs 193, up 11%, extending its Wednesday’s 9% surge on BSE, after Hon'ble National Company Law Tribunal (NCLT) approval for scheme of amalgamation and arrangement. “The Hon'ble National Company Law Tribunal (NCLT), Chennai Bench vide its order dated 13 Apr... Read more...

Modi govt plans to auction 4 GW of wind energy
Apr 2017 , by in ALLIED

Prime Minister Narendra Modi’s government is seeking to step up the pace of auctioning power-purchase contracts for wind-energy plants, building on a contest that reaped record-low prices for solar farms earlier this month. The government plans to offer deals covering almost 4 gigawatts of wind... Read more...

Canada moves to pop Toronto housing bubble
Apr 2017 , by in INTERNATIONAL

Canada's Ontario province announced new rent controls and a 15-percent tax on home purchases by non-resident foreigners on Thursday to try to cool a searing hot Toronto-area real estate market. They are among 16 measures targeting real estate speculation and affordability concerns in the city and... Read more...

Interview with Architect Anthony Raj, Chennai
Apr 2017 , by in Interview Old

When did you first start your practice and what kind of projects have you been doing? In 2011, I started the construction work at my family’s farmhouse near Pondicherry with inspiration and help from Prof. Satyaprakash Varanasi and Mr.Dharmesh Jadeja (Auroville). Midway through the project, I ... Read more...

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