Realty News
The state is offering online registration for new flat purchases and has made the Aadhaar card mandatory both for the buyer and the seller under the scheme. On Sunday, revenue minister Balasaheb Thorat will flag off the first e-registration scheme at Mulund. Till now Marathon Realty for their Panvel project, Dreamcity Developers for their Dahanu [...] Continue Reading »
The decision of the Ministry of Local Bodies to exempt charging the Change of Land Use (CLU) fee within municipal limits has raised the hope of some revival of the now dormant real estate business in the state. Minister for Local Bodies, Anil Joshi has in a recent announcement said the CLU fee has been [...] Continue Reading »
Click a picture and send it to the people in the ministry is the new mantra of the rural development ministry as it gears up to digitally monitors the creation of all durable assets under its various social sector schemes across the country. The ministry is planning to rope in an IT company that will [...] Continue Reading »
The home buyers and developers are hoping for a market revival. While the demand for residential units has remained subdued over the last six months due to several reasons such as high interest rates, inflation, depreciating value of the rupee and overall slow economic environment, the new government at the Centre and the recent announcements [...] Continue Reading »
The Airport Authority of India (AAI) has approved the height of the proposed multi-level parking facility at the Botanical Garden Metro station. The Rs 500-crore project will have 23 levels with 6 floors designated for parking and the others for commercial purposes. To build any structure above 30 metres in height, it is necessary to [...] Continue Reading »
Noida has it all. Residential units in this market are available within the affordable price range of Rs 45 lakh to Rs 55 lakh in both the primary as well as the secondary market. What, however, has ruined buyer sentiment in this market is delay in delivery in many cases. Things could look up for [...] Continue Reading »
The National Building Construction Company (NBCC) has received the go-ahead from the Ministry of Urban Development to redevelop three World War-II era government colonies in the heart of South Delhi. Under the redevelopment plan, high-rise apartment complexes will replace the old two-storey houses at Netaji Nagar, Kasturba Nagar and Thyagraj Nagar, spread over nearly 185 [...] Continue Reading »
The Noida Authority has decided to change the design plan for the proposed 6km elevated road on DSC road, opting to construct the support pillars using Reinforced Concrete Cement (RCC) instead of steel. The move will help to reduce the total cost of construction by Rs 100 crore, officials said. The proposed stretch, which is [...] Continue Reading »
Non-resident Keralites (NRK) are fuelling Kochi house prices by 30 percent, said P S N Rao, chairman of National Association of Realtors-India (NAR-India), the national federation of associations of real estate agents in 25 cities of the country. Rao based his observation on the data collected through the network of Kerala Realtors Association (KRA) members [...] Continue Reading »
Chief Minister J Jayalalithaa on Sunday announced several projects worth more than Rs 2,000 crore for infrastructure development in Coimbatore city. The projects include 2,912 houses for the homeless to be built at a cost of Rs 443.6 crore, underground drainage and storm water drains in extended areas of the city corporation at an estimated [...] Continue Reading »
