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economy
Nagpur’s SPV completes housing scheme tender

NAGPUR: Not buckling to pressure from a legislator, Nagpur Smart and Sustainable City Development Corporation Limited (NSSCDCL), the Nagpur Municipal Corporation’s (NMC) special purpose vehicle for Smart City project, has completed tendering process for housing scheme. Two Gujarat-based companies are in the race for the contract worth Rs245 crore.TOI had, on January 6, highlighted how…

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economy
Kolhapur civic body seals 11 properties over non-payment of property tax

KOLHAPUR: The Kolhapur Municipal Corporation (KMC) sealed eight properties in the last two days for failure of the owners to pay property tax. Most of the sealed properties were commercials ones. The civic body has initiated action against property tax defaulters, whose arrears amount to Rs 1 lakh and above. According to the property tax…

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economy
Co-working centres 15-25% cost effective than traditional offices: Anarock

NEW DELHI: Co-working centres are proving to be 15-25 per cent cost efficient for startups and firms as they save money in office rentals, property maintenance and fixed capital investments, according to property consultant Anarock. In India, there are more than 200 co-working players who are operating 420 such work spaces (both branded and non-branded)…

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economy
New building code for energy efficiency in Andhra Pradesh

VIJAYAWADA: The state government will soon come out with new building code for energy efficiency. Andhra Pradesh was the first state to frame Energy Conservation Building Code (APECBC) 2017 and now new guidelines on building constructions and energy utilisation will be announced. According to officials, the new code will help reduce pollution and save power.…

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