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Realty News

Chennai: Building Collapses in Anderson Street Killing Two

Chennai: Building Collapses in Anderson Street Killing Two
A dilapidated building in Kothwal Chavadi of Anderson Street collapsed partially and resulted in the death of two men on Sunday night. One of the traders of Anderson Street, B Meeran commented on the poor civic state saying that the Corporation officials decide upon taking actual action only after casualties are involved. A dilapidated building [...] Continue Reading »

Builders Agitating HC on Revoking Allocation By Cidco

Builders Agitating HC on Revoking Allocation By Cidco
Builders and Realtors agitated after the Bombay High Court judgment, revoking the allocation of land in Vashi for Inorbit Mall and Four Points Hotel. The City and Industrial Development Corporation has been blamed by many real estate dealers for permitting illegal land deals to take place. Views of Nitin Kandhari The property dealer Nitin Kandhari [...] Continue Reading »

47 Development Projects in Coimbatore Receive Notice from LPA

47 Development Projects in Coimbatore Receive Notice from LPA
The local planning authority (LPA) in Coimbatore conducted a detailed inspection of development projects in the city, the reports of which revealed that 47 out of the 67 projects have deviated from their approved plans. Notices to be sent: The 47 development projects in Coimbatore which have been inspected by the Local Planning Authority will [...] Continue Reading »

Gujarat Tourism to Take Off with Vibrant Summit

Gujarat Tourism to Take Off with Vibrant Summit
The Vibrant Gujarat summit is gathering headlines across the nation as the state’s CM Anandiben Patel tours the country attracting both participants and investors. The event is also speculated to provide a major boost to the tourism industry in Gujarat. Thousands of national and international participants and delegates are expected to grace the event, and [...] Continue Reading »

Standards dodged for new Gurgaon roads

Standards dodged for new Gurgaon roads
A lot of objections have been raised regarding the road width, footpaths and cycle tracks to be implemented as per Integrated Mobility Plan in Gurgaon A lot of objections have been raised by the Punjab and Haryana High Court appointed consultant to study the Gurgaon’s Integrated Mobility Plan implementation. This plan was made by DTPC [...] Continue Reading »

Residents stage novel protest seeking sanitation facilities

Residents stage novel protest seeking sanitation facilities
The residents of Thattanchavady resorted to a novel way of protesting to seek better and improved sanitation facilities! Thattanchavady is one of the thickly populated areas in Puducherry. This Wednesday, they observed World Sanitation Day in a completely new way. The residents along with the CPI protested in a new way by performing the last [...] Continue Reading »

West Bengal Grants Exemption for Land Ceiling Gap to Realty Projects

West Bengal Grants Exemption for Land Ceiling Gap to Realty Projects
Real estate projects in West Bengal can breathe in relief as the state government took a liberal stand. The West Bengal government is granting exemption under section 14Y of the West Bengal Land Reforms Act so as to boost realty-related investments. This release will allow township projects to acquire more land than the previous limit [...] Continue Reading »

Real Estate Companies Seek Single Window Clearances

Real Estate Companies Seek Single Window Clearances
With the government working closely with real estate companies to influx a renewed interest into the sector as a whole, Indian real estate companies are seeking a single window clearance mechanism from the government to streamline their projects across the country. With a relaxation in FDI norms in the real estate sector, a large number [...] Continue Reading »

RBI Unlikely to Slash Interest Rates in December Policy Review

RBI Unlikely to Slash Interest Rates in December Policy Review
SBI chief Arundhati Bhattacharya on Thursday said that the interest rate would be left unchanged by the RBI in the next review. She was speaking ahead of the RBI’s monetary policy review and also states that there is a chance of the RBI softening its stance as this financial year closes. According to her, all [...] Continue Reading »

PMC Scraps Penalty for Flats Without Completion Certificates

PMC Scraps Penalty for Flats Without Completion Certificates
Flat owners in Pune can now relax as they needn’t pay fines for living in apartments that doesn’t have a completion certificate. Previously, people who were residing in flats that didn’t have the necessary document had to pay three times the property tax as fine. But the Pune Municipal Corporation (PMC) has now done away [...] Continue Reading »



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