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Category: ECONOMY & POLICY

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Survey expects rebound of economy

Survey expects rebound of economy

The Economic Survey for 2012-13 expects the Indian economy to grow between 6.1 and 6.7 per cent in 2013-14, which is higher than the advance estimate of 5 per cent growth in the current financial year. The survey has given a relatively wide range for growth

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270 projects suffer delay

270 projects suffer delay

As on 1 December 2012, there were 566 projects on the monitor of Ministry of Statistics and Programme Implementation. Of these, 270 projects were delayed with respect to their original schedules of commissioning. This information was given by the Minister of

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Budget 2013 expected to improve real estate sector

Budget 2013 expected to improve real estate sector

Optimism in the Indian real estate sector is slowly returning. It is a vital sector of the Indian economy that contributes significantly to the Indian GDP. Some of the issues faced by this sector include uncertain global headwinds, high inflation rates, subdued retail demand, high interest rates coupled with credit crunch, challenges associated with land acquisitions, stamp duty costs, non-standardised bye-laws and limited institutional exit options.

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Casa Grande’s luxury project launched in Chennai

Casa Grande’s luxury project launched in Chennai

Casa GrandeÂ’s has launched Casa Grande Platina, a luxury apartment project in Arumbakkam near Chennai. The project offers 26 spacious 3-Bedroom-Hall-Kitchen apartments on six blocks. The sizes range from 1,480 sq.ft to 1,652 sq.ft and are priced at around Rs 1.06 crore each, at Rs 7,200 a sq.ft.