Realty News
The Delhi Development Authority’s (DDA) housing scheme is going to held one of the biggest lotteries in the Capital, with one out of more than about 46 applicants having a chance of getting a flat. This time, however, the odds are even more heavily stacked against applicants. For its 2010 housing scheme, DDA had allowed [...] Continue Reading »
These days apartments are usually targeted at a particular income groups. But a developer in Greater Noida has narrowed down his focus further into a particular community. The builder, Adarsh Group, is promoting the apartments – Gulistaan Golf View Heights – as dream homes for the elite Muslim brotherhood. The apartments – 368 in all, [...] Continue Reading »
Prime Minister Narendra Modi will meet nearly a thousand honchos of local and foreign companies on September 25 to unveil the ‘Make in India’ strategy he had proposed in his Independence Day address from the ramparts of Red Fort. The meet has been planned to revive the investment climate, push manufacturing and generate growth momentum [...] Continue Reading »
The Bhubaneswar Development Authority (BDA) has decided to stop the approval of conditional building plan with immediate effect to check the illegal construction of buildings under its jurisdiction, according to Housing and Urban Development Minister Pushpendra Singh Deo. Singh Deo said the BDA took this decision at its Board meeting in view of large-scale complaints [...] Continue Reading »
The waiting of allottees of 114 residential plots in Shaheed Bhagat Singh Nagar Colony developed by the Ludhiana Improvement Trust (LIT) on the Pakhowal road here seems to be unending. Thanks to unfulfilled political promises and bureaucratic red tape, even after almost two years of holding the draw of lots for allotment of plots to [...] Continue Reading »
Next week the Competition Commission of India (CCI) is expected to hear the charges of alleged cartelisation, lobbying and unfair trade practices against nine of the country’s top builders and their industry body CREDAI (Confederation of Real Estate Developers’ Associations of India). Following a probe carried out by the investigation arm of CREDAI, The CCI had [...] Continue Reading »
There is some good news for the tenants in Maharashtra as the Maharashtra government has been able to bring some clarity over the property and tenancy rights. They have done it by strengthening the revenue administration in a responsible and time-bound manner. Land disputes are common in a fast-growing economy; however some governance is needed in [...] Continue Reading »
Maharashtra is all set to become the first state to have a regulator for the housing sector. It has put up a draft of the Maharashtra Housing (Regulation and Development) Rules for public comment till October 10. The tech savvy body wants to hear from the consumers what they have in their mind. After Oct 10, [...] Continue Reading »
The credit rating agency Crisil today came up with a data which will bring a lot of cheer to the working youth and unemployed youth of the nation. The new government has undertaken some measures to generate employment and a comprehensive ‘pro-jobs policy’ will help to add 69 million non-agriculture and 11 million manufacturing jobs by [...] Continue Reading »
In a reprieve to about 60,000 flat owners in Noida, the Union Environment Ministry has decided to declare 100 square metres around the Okhla Bird Sanctuary as a no-development or eco-sensitive zone. Senior government sources said percent that the ministry’s forest division tasked with demarcating eco-sensitive zones around wildlife parks and sanctuaries had submitted its report. [...] Continue Reading »
