Plot / Land for Sale in Agra Central Agra

The Karnataka government on November 29 gave its approval to construct a 102-kilometre elevated corridor project in Bengaluru. The project, which was conceptualised 12 years ago, once constructed will ensure smoother traffic across north-south, east-west and in the central parts of the city. The development work will start in January next year and will be undertaken by the Karnataka Road Development Corporation Limited. The project, to be constructed at a cost of Rs 25,495 crore, is likely to be completed by 2025.

Being the IT city in India, Bengaluru attracts talent from all regions of India, making it a cosmopolitan. To cater to the needs of the people, various shopping malls have come up in different parts of Bengaluru showcasing foreign brands, entertainment options and food chains. Here is the list of top shopping malls in Bengaluru that are major attraction for citizens.

In a bid to keep a check on delays and ensure timely delivery of projects across the state, the Maharashtra government has written to the Centre to amend the Real Estate (Regulation & Development) Act, 2016. The state wants the Centre to bring the Slum Rehabilitation Authority and the Maharashtra Housing and Area Development Authority under the Act that protects both buyers’ and developers’ interest. According to the state’s housing minister, this move would help make these authorities more accountable towards their beneficiaries.

To provide affordable housing options to economically weaker section and low-income group categories, the CIDCO will now construct over 90,000 homes under the Pradhan Mantri Awas Yojana. Of the 90,000 homes, 53,000 will be constructed for the EWS category while 37,000 will be built for the LIG category. These apartments will be constructed across some of the emerging real estate markets in Maharashtra.

In a move that would accelerate the business in the GIFT City, Alternative Investment Funds could now invest in the IFSC through the Foreign Portfolio Investment, the Foreign Venture Capital Investor and the Foreign Direct Investment route. The Securities and Exchange Board of India on November 27 released the guidelines for AIFs, making the GIFT City a potential destination of investment to launch offshore funds for investment in India.