Realty News
Urban Development Minister M Venkaiah Naidu revealed in an interview with TOI on Friday that Delhi Development Authority (DDA) has been asked to offer more housing schemes for buyers from all income groups. The move is essentially aimed at meeting the shortfall in housing in the Capital. According to the details shared by Naidu, DDA will plan more housing [...] Continue Reading »
The Road Transport and Highways Ministry apparently wants that concrete cement should be used in place of bitumen, in fully Government-funded projects and public-private partnership (PPP) road projects. Towards that end, the Ministry is reportedly mulling the option of making the use of concrete cement obligatory as part of the bid for such projects. The [...] Continue Reading »
All the eyes are on the current budget as after a few years of slow economic growth and poor GDP, the industries and the general public is looking at the maiden budget of the Modi led government with a lot of expectations. The finance companies and analysts are speculating that the infrastructure sector is expecting a [...] Continue Reading »
In a project aimed at digitalizing land records in Pune, the Maharashtra government has plans underway to scan the land records of all the districts. The project will involve the scanning of approximately 26 crore documents pertaining to all land-related records in all the districts of Pune. The process will help the authorities at the [...] Continue Reading »
Conveyance deemed fit for the housing society much talked about in the infamous CAMPA COLA compound was set aside by the High Court, and the deputy registrar was called to speak on a fresh hearing, says a source. This Tuesday, says a source, Justice R M Savant heard the please of Bombay Municipal Corporation which [...] Continue Reading »
It seems that there is Saturn hovering on the Mumbai Metro Project. UPS Madan the metropolitan commissioner of MMRDA (Mumbai Metropolitan Region Development Authority) mentioned that they have decided to challenge a single-bench order of the Bombay High Court on the Mumbai Metro fares in front of a division bench. The recently commissioned Mumbai Metro has [...] Continue Reading »
It was more than a rumble in the Bronx down south, when a 12 storey building “under –construction” named “TRUST HEIGHTS” crumbled like a pack of cards, shattering the sleep of many residents, killing some and injuring many in Porur, Chennai says a source. Last week as the residents at Porur, Chennai called it a [...] Continue Reading »
There is some good news for the flat owners in Delhi’s apartment blocks. Delhi Apartment Ownership (DAO) 1987 Act had simplified the process for the flat owners by letting the builder or promoter of the flat to execute a lease deed, which worked like a sale deed, and spared the owner from paperwork to correctly [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh and formation of Telangana, the Telangana Government is planning for measures to give boost to the real estate and other construction projects. A single window clearance system will reduce red-tapism, enhance visibility and speed up the projects. Speaking at a real estate event Gruhapravesham, the first property [...] Continue Reading »
There are many infrastructure and road projects which are stuck due to lack of money and the National Highways Authority of India (NHAI) has decided to soon roll out a proposal to take over such stalled projects. NHAI will run these projects for a few years to recover the funds infused and then will hand [...] Continue Reading »
