Real Estate News Update for April 04
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Cement
NEW DELHI: Shree Cement has inaugurated its integrated cement plant at Dachepalli village, Guntur, Andhra Pradesh having a production capacity of three MTPA.
Regulatory
BENGALURU: Appointment of chairperson and members of Real Estate Regulatory Appellate Tribunal is imperative and cannot be stalled on the ground that Lok Sabha elections have been declared, the high court observed.
Residential
GURUGRAM: The department of town and country planning (DTCP) has sought suggestions from other agencies for planning measures to ensure safety and tackle pollution during the demolition of five towers in Chintels Paradiso that failed safety test. The town planner has compiled and submitted a report to the district administration on Wednesday.
Industry
The government-backed and SBICAP Ventures-managed last-mile financing platform, Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) and realty credit fund Nisus Finance have invested a total over Rs 465 crore across two projects of Aliens Developers.
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