Cities
Lucknow- Uttar Pradesh government has planned to revise housing policy in favour of developers for reserving certain percentage of units for economically weaker sections (EWS) of the society in their housing projects on above 3,000 square metres of land. The policy will be made applicable to both group housing and plot development projects. According to [...] Continue Reading »
Thane: The Thane Municipal Corporation blames that the developers and contractors who involved in the housing for slum-dwellers welfare programme in Thane have reaped huge profits. The JNNURM-funded Basic Services for Urban Poor (BSUP) scheme in Thane, was launched six years ago in order to provide near-free housing for the poor in areas like Tulsidham, [...] Continue Reading »
New Delhi- Reserve Bank of India (RBI) has softened norms to allow realty firms and brokers to apply for banking licenses. The RBI final guidelines are likely to be announced by February end. According to sources, these guidelines seem to strand reservations for realty firms and brokers. RBI had released draft guidelines in August 2011, [...] Continue Reading »
Delhi-NCR- In terms of commercial real estate, Delhi-NCR is expected to beat other places with mounting real estate rates compared to other prime commercial destinations. Connaught Place in New Delhi stands in the world’s fourth most expensive office location, revealed a recent report by Cushman & Wakefield, which ranks locations across 63 countries to compare [...] Continue Reading »
The Bangalore Water Supply and Sewerage Board (BWSSB) hinted that Bangalore may face water crisis this summer. An BWSSB officials said the Cauvery tribunal award notified that, despite the water shortage in the state’s reservoirs, Tamil Nadu will be supplied Cauvery river water. The situation has became worse in the last five years. Water level [...] Continue Reading »
Mumbai- With rising demand and sales of real estate projects, the trend of project pre-launches has been re-entering the prime real estate markets of India like Mumbai, Delhi-NCR and Bangalore. The Maharashtra government has made the way simpler for developers to get regulatory clearances for real estate projects. Following this, the real estate in Mumbai [...] Continue Reading »
Delhi Development Authority (DDA) was asked by the Delhi High Court to immediately inquire about the “illegal” sale or purchase of residential plots that has been allotted as per the scheme of large-scale acquisition, development and disposal of land. A bench heading by Chief Justice D Murugesan has asked the Vice-Chairman of the DDA to [...] Continue Reading »
Cushman and Wakefield, property consultant, has declared that Connaught Place is the 4th most expensive office locations in the world. It is located in Delhi and well renowned companies are ready to invest in this area. Whereas, in 2011 it was ranked as 5th in the list but the survey of C&W states that the [...] Continue Reading »
Asset Placid, an affordable residential project by Asset Builders, offers 2 and 3BHK apartments strategically located in a tranquil environment. The project is approved by BMRDA and it is ready to occupy. Asset Placid offers aesthetically designed homes, carefully planned for value of your money with wonderful prospect of balancing one’s home and work. The [...] Continue Reading »
Pimpri Chinchwad Municipal Corporation (PCMC) has a good news for certain group of people in community. Now, ex-servicemen, freedom fighters and women property holders in Pimpri Chinchwad will get a rebate of 50% in their property tax from the coming fiscal year. However, this scheme is only applicable to only one property in case anyone [...] Continue Reading »
