#RealtyNewsRoundup: First Batch Of Smart Cities To Be Announced In January

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

Top News

The National Democratic Alliance (NDA) government will announce the first batch of 20 smart cities in January, 2016. According to a press release by the Ministry of Urban Development, the evaluation of the 97 planned smart cities is under way and the results for the selected cities will be announced soon. Read more

Prime Minister Narendra Modi on Thursday laid the foundation stone of the 14-lane Delhi-Meerut Highway, terming it a highway for development. Modi said the highway would emerge as a factor for development for the western part of Uttar Pradesh. Read more

Off the frontpage

The city unit of the Confederation of Real Estate Developers Association (CREDAI) in Kolhapur, Maharashtra, is planning a construction exhibition, Dalan. The exhibition will be held from January 29, 2016. Read more

The Centre has passed the final notification for building the 33.3-km coastal road from Nariman Point to Kandivali in Mumbai. The cost of the project will be approximately Rs 12,000 crore. Read more 

One of the fastest growing hotel companies in India, SAMHI Hotels has acquired Ganesh Hotel in Ahmedabad for a price of Rs 135 crore. The Ganesh Meridian Hotel is owned and operated by the Shree Siddhi Group and is located on SG Highway, opposite the Gujarat High Court. Read more