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GDA To Levy Higher Fines On Violation Of Parking, BuThe Ghaziabad Development Authority is now set to take strict action against those who encroach or park on the roadside and violate air pollution norms set by the National Green Tribunal. The authority has raised the fine levied for such violations. The tow-away charges will go up to Rs 2,500 for heavy vehicles, Rs 2,000 for medium commercial vehicles and Rs 1,000 for light motor vehicles. The fine for encroachment on open spaces has been raised to Rs 50,000 per instance.
Delhi Starts Riding On BS-VI Fuel Ahead Of ScheduleWhile most of us have been waiting for April 1 next year to switch to Bharat Stage (BS)-VI fuel, the national capital has already made the transition way ahead of the schedule. According to media reports, all 397 petrol pumps in Delhi have been selling cleaner diesel and petrol since February. Also, while the oil ministry had set 2020 the deadline for the launch of BS-VI fuel, the Supreme Court on March 26 has asked it to advance the dateline by one year in 13 metro cities.
5 Global Concepts That Indian Real Estate Can AdoptBy following global practices, India can effectively deal with its space crunch and energy-related issues.
All You Need To Know About Mumbai Metro Line 7The Mumbai Metro Line 7 is a partially elevated corridor spanning a length of 16.5 kilometres with 14 stations from Andheri (East) to Dahisar East. There are plans to extend the corridor, by 9 km, to Chhatrapati Shivaji International Airport (terminal T2) from Andheri (East), and to Mira Road-Bhayendar from Dahisar. The project is being developed at an estimated cost of Rs 6,208 crore and is expected to be operational by 2019.
Explaining NRI Investments In India's Real EstateIndia has a policy for non-residents which invites them to invest in the Construction and Development sector. For investment in independent premises, the policy is open only for NRIs.