Taj' lease with NDMC for the hotel ended October 2011 after which NDMC decided to extend the lease with the same operator for one more year.
The financial crisis, high domestic airfares and the perception that India is unsafe for women tourists has adversely impacted inbound tourism.
The excise department is working with the implementing agency Tata Consultancy Services to address the glitches in the pilot project.
Glitches in a pilot project of Delhi’s excise department have made the government defer the project’s implementation for a few months.
These new dwellings called Country Homes will be allowed a higher floor area ratio (FAR) of 20 compared to the earlier stipulated 15.
Builders have begun to bring down prices to prop up home sales in dull market, gladdening the hearts of potential buyers.
Housing min has recommended a technology-enabled single-window portal for streamlining the process of approvals for real estate projects.
Value & Budget Housing Corporation is now adopting a strategy of developing smaller five-acre housing projects.
“This is another form of indirect colonisation by foreigners. Foreign chains should have a stake in properties they develop," Nair said.
Citibank and GSK have put up for sale an apartment at Altamount Road, where businessmen like Mukesh Ambani and Kumar Mangalam Birla reside.
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