Realty News
The three member of the expert committee has been visited by the DLF riverside housing project site near Chilavanoor in Kochi` last Monday in order to study the technical aspects that have been raised in the report which has been submitted by the chief secretary E K Bharat Bhusan. The technical problems that have been [...] Continue Reading »
The flat buyers across the country have a perennial complaint that builders rarely provided apartments on time. Despite the assurances, promises and agreements that flat buyers have been facing a challenging task when the builders fail to deliver as has been promised. The property market sources say that the delay in handing over possession is [...] Continue Reading »
Total number of 23 sites has been disposed by the Delhi Development Authority in the first ever re auctioning scheme was said by the urban body. The total number of 35 parking sites, 18 kiosks and four restaurants were put to an auction which had begun on the 16th of July and went on till [...] Continue Reading »
The very few remaining pockets of the wetlands, creeks and mangroves in the Mumbai Metropolitan Region, which are home to a large number of threatened bird species, have been facing destruction problems from the unplanned developmental activities. The wetland is facing destruction which is in turn hampering the natural habitat of several bird species. In [...] Continue Reading »
In order to catch up with the scheduled time of the delayed Metro rail project, the revenue authorities have made a decision to expedite the land acquisition process along the stretch of Aluva Vyttila. The officials of Kochi Metro Rail Ltd stated that they are expecting to complete the process of work by the end [...] Continue Reading »
The surge of online portals to buy various fashion accessories, consumer durable goods, groceries, jewellery etc. saw a positive curve in the last few years. It looks like that the real estate developers have taken a cue from it and now are offering services to buy properties online. Until recently, the real estate portals were [...] Continue Reading »
On Tuesday, the Reserve Bank of India (RBI) clarified the issues regarding ‘affordable housing’; with the apparent objective of giving the affordable housing segment a notable boost. According to the RBI’s clarifications, ‘affordable housing’ loans will comprise home loans which will be given by banks from the proceeds of long-term bonds of a maturity period [...] Continue Reading »
In Kolkata on Friday July 18, the West Bengal IT Minister, Amit Mitra offered Nasscom a 10,000 square feet of “ready” space to set up its first incubator in the region. Mitra stated that this space has been allotted in the IT township of Sector V in Salt Lake. The space will be provided by [...] Continue Reading »
The government is considering a proposal to sell off the real estate owned by the sick public sector companies in Mumbai, Kolkata, Pune and Ahmedabad to state-owned National Buildings and Construction Corporation (NBCC Ltd). The government wants to sell off the housing dwellings owned by these loss making units before selling off the chronically loss-making [...] Continue Reading »
Abhijit Ghosh a partner at PricewaterhouseCoopers (PwC) stated that the Singapore investors should capitalise on the benefits announced in the budget for India’s real estate sector. Ghosh is an expert in this field and stated that the Singapore companies will be in an advantageous position if they decide to invest and lend to the Indian [...] Continue Reading »
