While homebuyers want the government to create a stressed asset fund to deal with incomplete projects, developers are hoping that the government will bring stamp duty within the purview of GST.
Lodha Excelus at New Cuffe Parade is a mixed-use development, spread over 23 acres and includes 10 residential and three commercial towers
Preleasing and large deals set a new trend in 2018. Expansionary activity by occupiers led to the resurgence of large deals
Recovery certificates were issued against Emporio Structure Private Limited and Supertech Private Limited over their pending dues to RERA and against the Greenday Infrastructure Private Limited for their pending dues to YEIDA, the administration officials said.
The dust generated during construction of buildings was the principal reason for particulate matter hanging on air during November to March, he said.
The audit found that 23 companies were floated in the name of office boys, peons and drivers and these firms were part of Amrapali consortium and were made fronts to divert home buyers' money.
Gurugram witnessed slowdown due to non-approval of affordable housing projects in Q3 FY19
Overall development in the housing sector is expected to be led by southern region.
Mathew Kurian Eranat of ICRA talks about the real estate sector's expectations from the interim budget that the government will present on February 1
Noida and Greater Noida are among the only 25 cities across the world which have been selected in five categories by the UN Global Sustainable Development Goals (SDGs) cities initiative, Senior UN Advisor and CEO UNGSII Roland Schatz had said during a visit here when he extended the formal invitation to the district administration.
Among others, the manager on behalf of the REIT or InvIT will announce the floor price or price band at least two working days prior to the opening of the bid in case of an initial public offer. Currently, it is five days.
According to the Central Pollution Control Board (CPCB) data, the overall air quality index (AQI) in the city was 242 on Tuesday.
According to the Central Pollution Control Board (CPCB) data, the overall air quality index (AQI) in the city was 237, which falls in the 'poor' category.
A bench of justices Arun Mishra and Deepak Gupta perused a report filed by the monitoring committee which highlighted the issue of unauthorised constructions in Sector 7 of Dwarka sub-city.
The administration also briefly locked-up behind the bars a manager of M Plast India Pvt Ltd over pending labour dues of Rs 8 lakh
There are 33 house owners in Faridabad's Kant Enclave and they were earlier asked by the court to vacate their premises by March 31 this year.
New launches fell by 22 percent to 1.46 lakh units during 2018 against 1.87 lakh units in the previous year.
Low investor interest and an inventory overhang of more than one lakh residential units kept real estate developers cautious of increasing the prices in the Delhi-NCR market.
The company also plans to launch two more housing projects in Gurugram’s Sector 113 and Noida’s Sector 150 under the Shapoorji Pallonji Real Estate brand soon.
Puri said in Lok Sabha that the DDA has a vigilance wing functioning under an independent chief vigilance officer, which examines the complaints of alleged corruption received from time to time, and if the allegations or charges are established, action is initiated against the delinquent officers.
Sale of residential units increased in six cities -- Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad; but declined in two cities -- Kolkata and Pune.
With a total development potential of 2.30 million sq ft, the land parcel will be developed into an IT park with supporting amenities.
While office demand is expected to grow, co-working and warehousing segments may see renewed interest
Noida based Investors Clinic is a leading real estate broker with 34 offices across India. It competes with other organised brokers like Anarock, PropTiger, Quikr Realty, 360 Realtors and Square Yards in property brokerage business.
The decision to form the committee comes after four RERA workshops were organised in Pune, Chennai, Delhi and Ranchi where stakeholders, including homebuyers, had given suggestions for effective implementation of RERA