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Do Noida structures have rainwater harvesting? Panel will probe

With quite a few components of the metropolis getting waterlogged, the district surroundings Committee (DEC) has initiated an enquiry and sought a record on the popularity of rainwater harvesting structures in residential societies and industrial complexes. All such constructions underneath Noida and Greater Noida authorities are supposed to have rainwater harvesting systems, following constructing bylaws. […]

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Retailers say they will pay lease solely in percentage to real enterprise in case of lockdowns

Top shops and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum through Bent Chair, Mamagoto, Farzi Cafe, Lee, Wrangler and Cafe Warehouse amongst others, are insisting on introducing clauses in all new leases that stipulate that they will now not pay rent, or pay solely in percentage to their genuine business, […]

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Fund crunch should extend Amrapali projects’ building by using NBCC: Receiver to SC

The Supreme Court’s intervention with the aid of taking over Amrapali to whole the housing initiatives beneath its supervision regarded to have no longer infused plenty self-assurance amongst present and doable consumers to make investments in the Group’s pending projects. The court-appointed receiver knowledgeable the SC on Monday that solely 20 consumers confirmed activity to […]

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Property News

Mhada now wants the housing department’s nod to redevelop plots over 5,000 sq feet

The Maharashtra Housing Area Development Authority (Mhada) will now want the approval of the national housing branch for each redevelopment on its 5,000-plus sqft plots. A round issued on Monday stated Mhada and its Slum Improvement Board, which is accountable for the utilisation of MP and MLA funds, will want country authorities approval to elevate […]

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Real property market to contact $1 trillion via 2030: Housing secretary

The Indian actual property market is estimated to contact USD 1 trillion utilizing 2030 pushed by way of rising demand and several reforms in the previous seven years like new realty regulation RERA, Housing and Urban Affairs Secretary Durga Shanker Mishra stated on Wednesday. The range of humans employed in the quarter is additionally predicted […]

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Gujarat authorities can provide comfort to ‘building use’ defaulters until March 2022

The Gujarat authorities have granted comfort for those who have no longer observed development norms and who are but to attain the Building Use permission for their buildings, at least until March 31, 2022. Claiming that the authorities is overburdened with work in the Covid-19 pandemic and does no longer want to disturb people’s livelihood […]

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Property News

PE funding in the actual property contact $2.9 billion in H1 2021: Report

Private fairness funding in Indian actual property touched USD 2.9 billion in the first half of 2021, greater than a two-fold expansion from H1 2020, following the current file with the aid of Colliers. The complete non-public fairness inflows in the actual property area are predicted to be about USD 5 billion in 2021, a […]

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1-OAK to make investments Rs 350 crore to strengthen residential & industrial undertaking in Ayodhya

Real property developer 1-OAK has received a seven-acre land parcel in Ayodhya and is in talks to collect some other three-acre plot for blended-use improvement with a funding outlay of Rs 350 crore, stated its CEO Sandeep Singh Katiyar. A total fee of the task would be Rs 350 cr of which 20 million USD […]

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Property News

NAREDCO needs one-time mortgage restructuring, cash for stalled realty tasks

Realtors’ physique NAREDCO has sought from the authorities one-time restructuring of loans and last-mile funding for stalled tasks to store the realty quarter from the liquidity disaster brought on through the pandemic. A delegation led through NAREDCO-Uttar Pradesh Chairman R K Arora met Finance Minster Nirmala Sitharaman in this regard on Thursday. It additionally demanded […]

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Property News

Supertech encroached upon the inexperienced area, made two Emerald Court towers: Flat consumers inform SC

Realty company Supertech Ltd has tried to take benefit of improved Floor Area Ratio (FAR) via setting up two large towers and encroached upon the inexperienced area, flat shoppers of Emerald Court task in Noida instructed the Supreme Court on Thursday. FAR is the ratio of a building’s whole ground region to the dimension of […]

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When is the proper time to draft a property will?

The rising range of COVID-19 instances associated deaths has additionally sparked an indispensable actual property dialogue on property inheritance. You ought to have viewed household disputes over property things languishing in the courts for years. This is because inheritance troubles in India are very complex and a single step can make certain your amicable distribution […]

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Facebook expands workplace area with a new lease, renewals in Mumbai’s BKC

Social networking foremost Facebook has picked up 90,000 sq toes workplace area at business tower One BKC in Mumbai’s enterprise district Bandra-Kurla Complex (BKC) via renewal and new hire agreements with Blackstone Group, countless folks with direct information of the development, said. The workplace area is being elevated whilst the business enterprise is planning a […]

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Property News

Ghaziabad civic physique plans to difficulty special IDs for all residences

Soon, every property in Ghaziabad may additionally have a special ID. The Ghaziabad Municipal Corporation (GMC) plans to problem a 17-digit identification wide variety to every plot of land in the city, inclusive of residential and commercial. The special wide variety will denote the location and different records of the place the property is based. […]

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Property News

Details of all Chandigarh housing board houses to be accessible online

Soon, the small print of all sorts of residences of Chandigarh Housing Board (CHB), such as residential, commercial, small residences and devices beneath less expensive apartment schemes will be accessible simply a click on away. CHB has already uploaded small print like modern ownership, important points of license price and floor lease paid, the penalty […]

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The government actively thinking about observing up a scheme to AMRUT to cowl all city areas

The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) covers solely about 60 per cent of the city populace and the authorities are actively thinking about an observe-up scheme that will cowl a hundred per cent of the city areas, Housing and Urban Affairs Minister Hardeep Singh Puri stated Thursday. The AMRUT scheme was once […]

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Last date to ship tips on draft Delhi grasp format 2041 prolonged to Aug 23: DDA

The authorities have prolonged the final date to post tips and objections on the draft Master Plan of Delhi 2041 to August 23, the DDA stated on Thursday. Several city planning specialists and activists have been inquiring to lengthen the date because of the coronavirus pandemic and the voluminous nature of the imaginative and prescient […]

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Property News

Gurugram: DTCP to act in opposition to builders delaying less costly housing initiatives

The branch of city planning (DTCP) is set to crack down on builders strolling in the back of time table for the completion of low-priced housing initiatives and has requested its enforcement wing to provoke motion in opposition to them. A listing of eleven initiatives that have been delayed has been prepared. The builders consist […]

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Gurugram: Two years after residences exceeded over, Vardhman Mantra receives OC

The branch of city and United States planning (DTCP) on Monday issued the occupation certificates (OC) to Vardhman Mantra, a crew housing society in Sector 67, imparting primary alleviation to about a thousand families. Launched in 2010, the mission is unfolded over eleven acres and has 1,207 devices in 15 towers. The builder had promised […]

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Property News

Delhi authorities initiate the procedure of revising circle rates

The Delhi authorities have started the procedure for revising the circle charges of properties, looking for comments from the public, officers stated on Monday. A committee of senior officers of the Revenue branch is evaluating the circle fees of distinct types of landed residences and is probably to put up its file to the authorities […]

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Property News

Ghaziabad improvement physique offered 1,585 residences in FY21

The Ghaziabad Development Authority (GDA) in the monetary yr 2020-21 managed to promote 1,585 houses well worth Rs 541 crore — which is the best in 4 years. The sale of GDA’s homes because 2017 has been adversely impacted due to a hunch in the actual property quarter and all efforts to revive the state […]