by Paul Joseph
February 28, 2012
Uncategorized
GURGAON: A resident of Malibu Towne has written to the Town and Country Planning (TCP) department, complaining against the Behrampur sewage treatment plant (STP), which he alleged is adding a huge quantity of untreated effluent waste to the Yamuna river in the capital on a daily basis.” The smell and the colour of the effluent is an indication enough how bad the situation is in the plant,” said Raman Sharma, who has written to the financial commissioner of TCP, to complain about the situation.The STP was built at a cost of Rs 20 crore for treating sewerage waste generated from different HUDA sectors in new Gurgaon. While the plant has
Tagged as:
gurgaon,
real estate
Read the full article →
by Paul Joseph
February 28, 2012
Uncategorized
After a sharp recovery in the first one-and-a-half months of the calendar year — the Bombay Stock Exchange (BSE) Realty Index gained over 50 per cent, real estate stocks seem to have lost steam. The index, which tracks property stocks, has lost 16 per cent since last week, while the broad-based BSE Sensex has lost five per cent. “These are high Ebitda (earnings before interest, taxes, depreciation, and amortization) stocks. There had been a sharp rally in real estate stocks…Hence, sell-off has been sharper. I am not surprised by this correction,” said Rikesh Parikh, vice-president, equity strategies at Motilal Oswal Securities. HDIL and DB Realty, which had gained 124 and
Tagged as:
real estate,
real estate india
Read the full article →