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Chennai To Use Vacant Railway Land To Develop Malls,The newly formed Railway Land Development Authority (RLDA) has identified vacant land in and around Chennai that could be utilised for developing commercial infrastructure. The commercial development for which this vacant land, worth Rs 5,000 crore, be used for building malls, hotels, office space and shopping centres.
5 Global Concepts That Indian Real Estate Can AdoptBy following global practices, India can effectively deal with its space crunch and energy-related issues.
A Peek Into India's Most Expensive Billionaire HomesIndia is home to as many as 101 billionaires, making it the fourth highest number in the world. Most of these super-rich personalities own some expensive properties, which of course come with all the luxuries of the world, and have a jaw-dropping price tag. Here we list seven such billionaire homes in India.
How Much Are Homebuyers Spending On DécorAccording to the 2017 Houzz & Home survey, while renovation costs of first-time buyers were on an average $34,000 in 2016 up from $27,700 in 2015, for millennials it was $26,000 in 2016, up by seven per cent of what it had been in 2015. Even in India, young buyers are looking for not just homes but comfort zones that they wouldn’t want to compromise on.
Mumbai May Soon Try Out Odd-Even ParkingThe traffic police department of Mumbai may soon launch the ‘odd-even parking system’ on a pilot basis in Kalbadevi market area in south Mumbai, aimed at solving parking problems and road congestion. Implemented in world cities such as New York, under the odd-even parking system the vehicle has to be parked on either side of the road depending on whether it is an odd-numbered or an even-numbered day of the month.