real estate

India house prices to rise at half the rate of inflation in 2019

House prices have risen at almost double-digit rates for over a decade in a country of 1.3 billion people, where for many, owning a home is still a dream. Major cities in India have become some of the most densely populated in the world.

ULBs to ensure compliance of environmental conditions

The environmental conditions include natural drainage, water conservation, rainwater harvesting, water recharge, waste management, green cover, topsoil preservation

UP RERA planning to rate real estate developers, projects

The purpose of grading both buyers and projects is that over a period, it creates a track record for builders

Real estate regulator for Delhi and Chandigarh appointed

Vijay S Madan, a former director general in the Unique Identification Authority of India (UIDAI, has been appointed as the chairperson of the Delhi Real Estate Regulatory Authority for a term of five years.

Government will not amend any provision of RERA at any cost: Hardeep Singh Puri

On the issue of notices being issued by RERA authorities and not being followed by developers, Puri said that RERA authorities have the power to summon, advise and punish.

Regional workshop on RERA in Delhi on Thursday

States being represented at the workshop include Uttar Pradesh, Himachal Pradesh, Uttrakhand, Punjab, Haryana, National Capital Territory of Delhi (NCT) and Union Territory of Chandigarh

Ahead of elections, Maharashtra govt proposes redevelopment of key Mumbai slums

Mehta said the area covered by Ramabai Ambedkar Nagar slum in suburban Ghatkopar and Kamraj Nagar slum is 155 acres.

NBCC ready with new joint development policy, say sources

Under the joint development model policy, NBCC will invite other companies to participate and submit their expressions of interest for developing real estate projects

PM Modi to inaugurate KMP expressway on November 19: Manohar Lal Khattar

He said on the same day, the prime minister will address a public meeting near Farukhnagar crossing in Gurgaon, where he would dedicate various projects to the people of the state.

Maharashtra cabinet nod for allotment of grazing land for PMAY houses

The decision will pave the way for more availability of land for affordable housing to implement Prime Minister Narendra Modi's vision for housing to all homeless by 2022, the official informed.

Supreme Court attaches five properties of Amrapali Group

The apex court has directed that the CMD of the company and its two directors be personally present in court on the next date of hearing when the contempt proceedings are expected to be taken up.

Maharashtra govt sanctions Mumbai Development Control and Promotion Regulations 2034; issues corrigendum

The Mumbai Development Plan 2034 seeks to open up 3,700 hectares of land that was earlier designated as no-development zone (NDZ) for construction of residential real estate.

Eastern region workshop on RERA to be held in Ranchi on December 15

Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland and Sikkim have not notified the legislation due to land-related issues.

SEBI bans Pragya Diaries, Vayaa Builder from raising funds from public

The directions come after the regulator received complaints against these companies.

What are govt panel's plans regarding regularisation of Sainik Farms, asks Delhi HC

The court also issued notice to the ministry, the Delhi government and the local authorities seeking their stand on an application moved on behalf of some residents of the area seeking permission to paint their houses.

Investors Clinic sells 7,122 housing units worth Rs 2,800 cr in Apr-Sep

The average cost of each sold property was Rs 40 lakh and average area 1,100 sq ft. The overall cost of properties sold stood at Rs 2,800 crore.

Regional workshop on RERA in Delhi on Nov 15

States expected to be represented at the November 15 workshop include Uttar Pradesh, Himachal Pradesh, Uttrakhand, Punjab, Haryana, National Capital Territory of Delhi (NCT) and Union Territory of Chandigarh

69% of global corporates plan to increase utilisation of co-working spaces

Co-working phenomenon gaining acceptance with the mainstream Indian occupier as big corporates today constitute approximately 50 percent of the overall client roster

FAQ: What are enemy properties and why is the govt planning to sell them?

Over 6.50 crore shares in 996 companies of 20,323 shareholders are under the custody of Custodian of Enemy Property of India (CEPI), under the Home Ministry. At the current price, these shares are estimated at around Rs 3,000 crore

Puravankara sales up 23% at Rs 1,003 crore in first half this fiscal

EV infra policy soon; individual can set up charging station for commercial use: RK Singh

When asked whether individuals would be able to use the facility on commercial basis, he replied, "Absolutely. You dont need a licence".

Nobroker.com enters commercial realty space

The company which is operational in Mumbai, Bengaluru, Pune, Chennai, and Gurugram, is also planning to expand its presence to top 50 cities in the next few years

PM Narendra Modi to inaugurate key infrastructure projects in Varanasi on Monday

The Babatpur Airport Highway will link Varanasi to the airport and go on to link Jaunpur, Sultanpur and Lucknow

357 infrastructure projects show cost overruns of over Rs 3.39 lakh crore

According to the report, the expenditure incurred on these projects till June 2018 is 7,86,754.10 crore, which is 38.51 percent of the anticipated cost

NGT slaps penalty of Rs 2 crore on Tamil Nadu govt over delay in removal of encroachments in Chennai

The tribunal directed the Tamil Nadu Chief Secretary to look into the matter directly and ensure that the steps are taken on an urgent basis in the interest of the environment and the people