Realty News
Delhi- South Delhi Municipal Corporation is set to demolish all illegal buildings in Shri Sai Kunj, an unauthorised colony being developed in the Vasant Kunj area. A Supreme Court-appointed monitoring committee, named, Sealing of Commercial Establishments in Residential Premises, has recently discovered the unauthorised colony located adjacent to the Institute of Liver and Biliary Sciences [...] Continue Reading »
Gurgaon- In order to establish the Haryana Real Estate Regulatory Authority (HRERA) for regulation and planned development of the realty sector, the Haryana Town and Country Planning Department has invited suggestions on The Haryana Real Estate (Regulation and Development Bill-2013). The Authority would regulate properties of over 1000 square meters or projects consisting over 12 [...] Continue Reading »
New Delhi- Many real estate developers across India have witnessed upward slope of their profit line in the quarter of October-December 2012. There is a significant rise in property sales and customer enquiries for real estate projects in India which has resulted in increasing profits of developers. Real estate analysts observe that the sluggishness of [...] Continue Reading »
Hyderabad- Rangareddy district administration has rejected more than 75,000 applications with regard to regularisation of encroached government land as the applicants failed to furnish proper proof to confirm from when they possessed those plots. The applicants were asked to provide proof to show that they have been holding the possession of the land before 2003 [...] Continue Reading »
The detailed status report of the 26 projects by National Highways Authority of India (NHAI) has been put on its website on the back of a face-off with minister of environment and forests (MoEF) over delayed green clearances for several road projects. The authority had posted all the details of each of the project, describing [...] Continue Reading »
Chandigarh- Haryana’s new housing policy is expected to benefit over 3.5 lakh families below the poverty line (BPL) and the economically weaker sections (EWS) in the state. These sections will also avail assistance from the state government for the construction of houses as per the new housing policy. A state level meeting which was held to address [...] Continue Reading »
Delhi- Focusing towards the requirement of the middle class buyers, the upcoming budget is likely to give a boost to the affordable housing sector. The government’s main intention will be to push the number of homes with price tags around Rs 20 lakh. It can be achieved through offering incentives like tax breaks, easy loans, [...] Continue Reading »
Many projects of Sahara Group of Companies are under the freeze due to the actions by the Securities and Exchange Board of India (Sebi). The order by Sebi is based on an affidavit filed on behalf of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation to the Supreme Court and in the document [...] Continue Reading »
Bangalore- According to a survey, Hyderabad is the second most affordable office market in the world after Surabaya which is in Indonesia. Cities like Chennai and Pune are in the fifth and sixth positions for the most cheapest office destinations for the foreign firms looking to start up operations. According to a survey consultant, the [...] Continue Reading »
Chennai- After a wait of five years, the residents of Old Washermenpet and Royapuram is to get a vehicular subway on Monegar Choultry Road near Stanley Medical College all complete. The subway construction began in March 2008 and is expected to complete by the next month. According to an official, about 80 percent of the subway construction [...] Continue Reading »
