Under the scheme, each city will get Rs 500 crore from the Centre for implementing various projects.
The civil writ petition titled Harinder Pal Singh & Others vs State of Haryana and Others was admitted in the Punjab and Haryana High Court on February 20. It was filed by homebuyers to seek quashing of several provisions of the Haryana RERA Rules which dilute the purpose for which the main RERA Act was enacted.
Physical progress both for the Pradhan Mantri Awas Yojana Urban and PMAY-Grameen has been slow.
To also support approaches in integrated planning and basic services.
The 3-day property show will bring together 120 developers from across the city, said S Ram Reddy, President, the Confederation of Real Estate Developers Associations of India (CREDAI), Hyderabad.
Next date of hearing fixed for March 27
The minister said that considering the present housing shortage in urban areas, more than 1.2 crore houses with necessary infrastructure need to be constructed.
The entire 78-storey project is however, due for completion only in mid-2019.
The amount of top 20 non-performing assets (NPA) accounts of public sector banks stand at Rs 1.54 lakh crore as of today. As most skeletons come tumbling out of the Nirav Modi and the Rotomac cases, analysts say this is the tip of the iceberg. This bank NPA number could keep going up and up. On Urban Reality, Sumant Batra, a leading Insolvency Lawyer, Vivek Kohli, Senior Partner at Zeus Law, Ramesh Nair, CEO & Country Head, JLL India and MS Mani, Partner at Deloitte India discussed about the same.
While some experts feel that this is an 'excellent move' and will affect the Delhi-NCR market the most, builders are of the view that it will lead to a further liquidity crisis.
The commission noted that the firm was unable to commit any particular date for the completion of the project.
Mahindra World City, Chennai has partnered with Bengaluru-based car and cycle service provider Zoomcar to offer the technology-based service.
Looks like real estate blues aren't going away any time soon. Anarock's latest report shows a significant decline in new launches and absorption in 2017. An Ambit report too highlights an 8 percent fall in residential sales over 2014 to 2017. Will weak consumer sentiment limit the revival? Can rising inflation push for hardening of interest rates further putting pressure on the struggling developers? In an interview with CNBC-TV18, Prashant Thakur of Anarock shared his views and outlook on the same.
"This project will offer approximately 70,500 square meters (approximately 7.5 lakh sq. ft.) of saleable area and will be developed as a modern group housing development," Godrej Properties said in a statement.
The 18 million sq ft integrated township to come up in Gurgaon in phases
Mallya has used the Rs 300 crore property as his residence in Mumbai.
First Time Home Buyer gets you the data and information across key property markets of India.
The company was in the process of setting up an integrated township project--Shriram Grand City--near the metropolis on 314 acres of land, which belonged to the now-closed Hindustan Motors at Uttarpara in Hooghly district.
The bench however permitted the BMC commissioner to make an exception and consider such applications only in cases of "extreme emergency" that involved threats of loss to human life or property.
The apex court also directs the developer to submit details of amount pending from homebuyers.
Demand for logistics and warehousing space was largely concentrated in Bengaluru (39 percent), Delhi-NCR (20 percent) and Chennai (13 percent).
The fund will be anchored in the Building Materials and Technology Promotion Council (BMTPC), an autonomous body under the housing and urban affairs ministry.
The apex court took note of the report of advocate Gaurav Agrawal, who is assisting it as an amicus curiae, that there was a list of 164 home-buyers.
Manisha Natarajan of CNBC TV18 caught up with Donald Trump Junior to understand his India play.
A glut of housing units and weak demand were also key reasons for the decline, the credit ratings agency said in a report.