Realty News
One should take care of the following three important protections while investing in possession linked housing plan. 1. Ensure that the builder doesn’t have two dissimilar costing structures (i.e. one for construction-linked and another for possession-linked plans). If there are two such dissimilar pricing offers, then the developer has already factored in the cost that [...] Continue Reading »
The Gujarat government has put on hold all new ground acquisitions projects in the state. According to the new central law, The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, which came into force in the beginning of January this year has superseded the 120-year old Land Acquisition Act, [...] Continue Reading »
Private participation in highway projects has come down substantially, notably due to lack of legibility in government guidelines for the sector. Are things looking better for the moribund roads sector? No, not really; even after the fact that the government has finally notified an exit policy for highway developers and a committee headed by C [...] Continue Reading »
The hearing over the toll collection issue has been postponed on Monday by the Bombay High Court. The court has been hearing the petitions filled by road construction company Ideal Road Builders (IRB) and civic activists in the toll collection issue. The next date given by the court is February 24 after the state government [...] Continue Reading »
The Public Demand Co-ordination Committee in Kokrajhar has warned the National Highways Authority of India (NHAI) which has failed to release the compensation money for acquisition of land for the four-laning of National Highway 31 (C) in the district . It has further admonished the agency to release money at the earliest. The general secretary [...] Continue Reading »
After a number of quarters of unsatisfactory growth, the home sales bounced back in December quarter with a 22 per cent rise in top 6 cities, according to property research firm Liases Foras. Bangalore posted the maximum gain with home sales growing 58 per cent over a year ago between October and December while the [...] Continue Reading »
Though, real estate may be on a sluggish path but education is flourishing, all thanks to India’s enormous demographic advantage. After sighting an opportunity, real estate players are discovering a sitting duck in the education business. Many builders are using their land acquisition and development skills to put up ventures pertaining to education. Prestige, Mantri, [...] Continue Reading »
In a forward looking move, the Industrial Model Township (IMT) Ballabgarh will provide almost 530 plots to industrialists in a couple of weeks. . Ramnik Prabhakar, a member of the Manufacturers Association, Faridabad (MAF), said to be we have been demanding much mini plots, specially of the size ranging between 50 sq yards and 300 [...] Continue Reading »
The smaller cities are shining brightly in the newly launched Housing beginning Index (HSUI) as compared to the metros. Housing and poverty alleviation minister Girija Vyas said the index has demonstrated a declining trend in the sector in cities like Kolkata, Chennai and Bangalore but it has definitely shown an upward trend in small cities [...] Continue Reading »
A special committee headed by corporation mayor A K Premajam has been formed to award exemptions to individuals offering land free of cost to the civic body to carry out infrastructure development activities within the corporation border. People who give their land free of cost to the civic body for various developmental purposes including construction [...] Continue Reading »
