Latest Realty News

Tata Realty to buy majority stake in Madhucon's Agra-Jaipur road project
Dec 23, 2014
Hyderabad: Hyderabad-based Madhucon Group has signed a term sheet with Tata Realty and Infrastructure Limited (TRIL) to divest 74% equity in the Madhucon Agra-Jaipur Expressways Limited (MAJEL)
Builders, lenders can benefit from proposed changes in road contracts
Oct 20, 2014
NEW DELHI: The government is set to overhaul highway contract documents to provide extra comfort to lenders and project developers to get road projects going and boost investment
Demolition drive for bigger highway
Sep 26, 2014
An eviction drive was carried out between Jayadev Vihar and Vani Vihar on the NH-5 to recover government land for laying sewer lines and expansion of the national highway
Highway developers may have to pay penalty for delay in projects
Oct 13, 2013
DELHI: As the government readies to defer premium payments by the highway developers for under construction projects delayed due to regulatory hurdles, the concessionaires may also be liable for a penalty if the lag is found to be on their part.
NHAI, Jaipur Development Authority lock horns over rotary on Agra Road
Oct 17, 2012
JAIPUR: The National Highway Authority of India (NHAI) and Jaipur Development Authority (JDA) have locked horns over the issue of construction of rotary at Agra Road, National Highway 11. The rotary is proposed to provide safe traffic flow after the Ghat Ki Ghuni tunnel is opened for vehicular traffic. However, both the JDA and NHAI have shown apprehensions to construct the rotary proposed to provide safe traffic flow after the Ghat Ki Ghuni tunnel is opened for vehicular traffic.

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