The government also plans to build MPs' chambers that will come up on the land where the Transport Bhawan and Shram Shakti Bhawan are located.
Residential house prices have only risen since the pandemic.
There is a heightened security presence and barricades have been erected outside the Indian High Commission in London on Wednesday due to a planned demonstration called by some British Sikh groups.
The Central Public Works Department, a prime construction agency of the central government, said the bullet-proof window system of the selected bidder will be sent for testing at the forensic science lab in Gujarat's Gandhinagar.
The richest Rajya Sabha MPs have gotten significantly richer -- to nearly quadruple from around Rs 20 crore in 2013 to nearly Rs 80 crore in 2022.
The centre, which will cost between $18 and $20 million, will promote Indian-American culture and provide social, health care and referral services for everyone regardless of their ethnicity.
Prime Minister Narendra Modi made a surprise visit to the new parliament building in New Delhi on Thursday evening and inspected various works as well as interacted with construction workers, sources said.
Several Indian diaspora groups on Tuesday gathered for a festive demonstration outside the India House in London to show solidarity with the Indian mission following the vandalism at its premises by Khalistan extremists over the weekend.
The court said if employees continue to hold on to flats then Air India Asset Holding Company would not be able to monetize the land to reduce the burden of Air India's debt.
Officials from the mission said the "attempted but failed" attack had been foiled and that the tricolour was now flying "grander".
Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.
India's housing sector is witnessing probably the "biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital Advisors Managing Director and CEO Vipul Roongta said on Tuesday. Addressing a real estate summit organised by FICCI, he noted that the residential real estate segment has revived strongly after going through a lot of pain due to new realty law RERA and demonetisation. "In the last one and half decade, I think this is probably the biggest boom I am personally seeing as an organisation on the residential segment, whether it is affordable mid-income and premium housing properties," said Roongta, who is also co-chairman, FICCI Real Estate Committee.
Union Minister of State for Housing and Urban Affairs Kaushal Kishore on Tuesday said finishing touches are being given to the new Parliament building and the Lok Sabha Speaker will decide whether the forthcoming Winter Session will be held there or the existing building.
More than 2,000 people were on Wednesday evacuated from buildings in central London as toxic smoke filled the streets after an electrical fault triggered a massive underground fire near the Indian High Commission in London as well as the London School of Economics.
The tricolour flying atop the Indian High Commission was grabbed at by the protesters chanting pro-Khalistani slogans on Sunday, leading to an arrest related to the violent disorder.
Security was beefed up around the Indian high commission in London on Monday and Scotland Yard detained one person in connection with vandalism at the mission by Khalistan supporters a day earlier as India asked the UK to quickly arrest and prosecute those involved in the attack.
This is not the first time Reliance has eyed a stake in the club.
The estimated project cost of the executive enclave which will house a new prime minister's office (PMO) has gone up by over Rs 100 crore to Rs 1,316 crore as the CPWD floated a fresh tender cancelling its earlier one, according to the agency's bid document.
Mukesh Ambani, will become the IOA's principal partner and help the country's sports federations
The gallery has come up in a British-era bunker, discovered in the Raj Bhavan campus in south Mumbai in August 2016 during the tenure of the then-Governor C Vidyasagar Rao.
The Prime Minister's Office has asked the Union housing and urban affairs ministry to furnish details of projects that will be ready for foundation stone laying and inauguration by Prime Minister Narendra Modi over the next two years, according to an official document.
The executive enclave will house the new Prime Minister's Office, Cabinet Secretariat, India House and the National Security Council Secretariat.
A sum of Rs 2,600.99 has been been allocated for the construction of non-residential office buildings, including the Parliament and Supreme Court of India. For residential purposes, the ministry has been given Rs 873.02 crore.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
The Indian team was among only three out of 96 participating teams in the Exercise Cambrian Patrol 2021 at Brecon in Wales to win the Gold medal at the conclusion of phase six of the exercises, held between October 13 and 15.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
Housing sales across top eight cities rose 51 per cent last year, even as the office market continued to slump due to the Covid pandemic with gross leasing witnessing a 3 per cent fall, according to Knight Frank India. Housing sales increased to 232,903 units during last year, from 154,534 units in 2020, but demand was down 5 per cent from the 2019 pre-pandemic levels and 37 per cent lower than the 2011 peak numbers. In the office segment, the gross leasing of office space fell to 38.1 million square feet in 2021, from 39.4 million square feet in the previous year, due to the adverse impact of the second wave of the Covid pandemic.
Warning that the new year will be riskier than the previous two in terms of growth, inflation and the perils of monetary policy normalisation on consumption demand in particular, along with other external risks, a Wall Street brokerage has pencilled in an 8.2 per cent GDP growth next fiscal, with more downside risks to the projection. The biggest risk to the projection is a derailed consumption demand that has been the main growth driver in the past many years, said the Bank of America Securities India house economists who still believe that consumption demand will remain the key driver of growth next fiscal as well.
I tried to reason in my mind that wouldn't beating Pakistan again and again -- in the league matches and in the knockouts if they made it -- be a better tribute to our martyred soldiers? A revealing excerpt from Vinod Rai's Not Just A Nightwatchman: My Innings In The BCCI.
Describing the recent two consecutive spikes in retail inflation beyond the 6 per cent as a 'transitory hump', a Wall Street brokerage on Monday said it expects the RBI to overlook it and unanimously stick to the dovish stance at the forthcoming policy review, even though a further upward revision of its already-revised inflation target is more likely. The Reserve Bank-led monetary policy panel is scheduled to announce the third monetary policy review on August 6, amidst the continuing spike in retail inflation that has breached the 6 per cent upper tolerance level for the past two consecutive months.
The Indian High Commission in London on Thursday welcomed the Westminster Magistrates' Court ruling in the extradition case of diamond merchant Nirav Modi, wanted in India to stand trial on charges of fraud and money laundering related to the Punjab National Bank (PNB) letters of undertaking (LoUs) scam case. A senior diplomat at India House said the judgment, which found a prima facie case against the accused, paves the way for the government of India and the high commission officials to liaise with the UK authorities on the next stages of the procedural matters for his early extradition to India. "The judgment paves the way for the government of India, including the High Commission of India in London, to liaise with the UK authorities on the procedural matters," said the diplomat at the High Commission. "As with previous extradition cases, we will press on with the next steps," he said.
Wall Street brokerage Bank of America Securities has pencilled in lower than the consensus retail inflation for the current fiscal year at 5 per cent, but higher than the previous forecast of 4.7 per cent. Stating that the June print will be critical for the future trajectory -- after the extremely high 6.3 per cent print in May, the brokerage in a report on Friday revised upwards its forecast by 30 bps to an yearly average of 5 per cent for the year to March 2022. "Though the June print will be critical for future trajectory, beyond near-term, we find some comfort from our analysis of four key factors that are likely to influence CPI inflation the most.
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
Pompeo said that the United States was deeply saddened to learn about the passing of Mukherjee.
A pictorial exhibition on Mahatma Gandhi in the park in front of the Indian Embassy drew a large number of crowd.
State Bank of India's house economists on Monday said the recent farm sector reforms reek of parochial thinking and promote lazy farming as they only cater to cereal-producing states. In the recently concluded monsoon session, the government rushed through three legislation to change the way agricultural produce is marketed, sold and stored by dismantling the decades-old APMC (Agricultural Produce Market Committee) mandis.
"The proposed visit of High Level Indian Delegation to Tokyo consisting of Govt Officials and Indian Olympic Association to review India's #Tokyo2020 preparation on 25th March is temporarily postponed," Rijiju tweeted.
India House raised $1,00,000 as part of an initiative supported by the Consul General of India in Houston Dr Anupam Ray to help Grillot buy a house in his hometown.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances