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Noida: 200 residential plots up for grabs in Sector 151 quickly

After an upcoming golf direction in Sector-151, Noida authority will now launch a residential plot scheme of over 200 plots in the newly developed quarter throughout the Noida freeway with the aid of July end-early August. While the plots vary from 250 to 450 sqm, officers have been given a closing date of July 31 […]

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Ghaziabad improvement physique identifies over 320 unlawful colonies, to make listing public

The Ghaziabad Development Authority (GDA) has recognized over 320 unlawful colonies in the district and it plans to make the listing public so that customers exercising warnings whilst investing in such colonies. The listing will quickly be uploaded on GDA’s portal. In fact, GDA has lengthy tried to rein in unlawful colonies and a few […]

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The rise in uncooked cloth fees may additionally lead to dearer residences in Nagpur: Builders

Home shopping may also get dearer in the coming days, say builders as they may also have to subsequently skip on the enlarge in value of development cloth to the buyers. This can also appear in the sparkling bookings of ongoing initiatives as a number of new plans have been held up due to the […]

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Visakhapatnam civic physique to chalk out diagram for slum improvement

In a first step toward making ready a slum upgradation motion plan, the Greater Visakhapatnam Municipal Corporation has determined to launch a two-day survey to recognize the infrastructural matrix in slums. The survey, which would be held on July eleven and July 12, would combination information pertaining to slum dwellers, geographical precincts of every slum, […]

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Clear building particles from the river, will come to test it: Bombay HC to Pune officers

The Bombay excessive courtroom on Friday took to project Pune municipal authorities over the latter’s failure to quit the dumping of building particles into the Mula Mutha river. A bench of Chief Justice Dipankar Datta and Justice GS Kulkarni requested the district collector and the civic physique to without delay clear the river of such […]

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South Mumbai plot deserved, SRA alternative opens up for Esarac Construction

The kingdom city improvement branch has eliminated the reservations for a garden/park and inexperienced belt on a high 2.5-acre Nepean Sea Road plot in south Mumbai, paving the way for full-fledged construction. Nepean Sea is one of the most high-priced residential zones in the country, the place new flats command prices as excessive as Rs […]

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Over 425 structures in Delhi are recognized as dangerous

Total 428 structures have been recognized as risky in the annual constructing survey carried out through the three municipal companies of Delhi this year. Surprisingly, East Delhi Municipal Corporation, which surveyed about 3.9 lakh buildings, did now not discover even a single unsafe structure. A senior east business enterprise legit stated that the survey workout […]

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Madras HC stumbles on rampant land sale fraud in cooperative societies

Slamming frauds in cooperative societies, the place top rate lands are offered off for a tune via elected office-bearers and workforce members, Madras excessive courtroom has ordered a thorough audit of all sale transactions of all societies in the state. Justice N Anand Venkatesh disregarded a petition filed by using R V Shanmuganandam who sought […]

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Karnataka to quickly undertake new mannequin tenancy act

Karnataka is taking into account to undertake the Union government’s Model Tenancy Act in order to stop the non-stop tenant-owner disputes except revitalising the condo housing sector, nation Revenue Minister R. Ashoka stated right here on Thursday. After reviewing income branch schemes here, Ashoka advised journalists that the kingdom authorities need to simplify the present […]

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Construct new buildings with disabled-friendly services: Madras HC

The Madras high court on Monday over again held that no new public homes be constructed or sanctioned or planned without providing gets right of entry to persons with disabilities. The primary Bench of leader Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy, which gave the ruling, additionally said the respondents, especially the public Works department […]

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Mumbai witnesses giant-scale appointments of impartial directors in housing societies

For over 12 months the Mumbai Metropolitan Region (MMR) is all at once witnessing on the giant scale the appointments of impartial directors in the location of housing society management. This has raised eyebrows amongst the participants of heaps of societies that are due for redevelopment as many builders and contractors have allegedly taken undue […]

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Rail Land improvement Authority to redevelop Mumbai’s Supari Baug Colony

The Rail Land improvement Authority (RLDA) will redevelop the Supari Baug Colony at Parel, Mumbai. The authority has invited e-bids for engaging architectural and real estate consultancy for the website, which is placed in South Mumbai in the area of company hubs such as Nariman factor, BKC and possesses amazing connectivity to the prominent landmarks […]

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Noida: Will justice prevail for domestic customers in Kessel I Valley project?

Justice not on time is justice denied. This appears to have come authentic for around 2,000 regular savers who had booked homes and stores within the Kassel I Valley network housing mission in greater Noida. Those home consumers had filed a case underneath the remodelled bankruptcy laws about 4 years ago, mentioning fraud through the […]

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Office house leasing contact 10.9 million sq. toes in pinnacle six cities: Report

Leasing undertaking throughout six main cities in India at some stage in the first half of 2021 dragged to a six-year low, in accordance to a current file through Savills India, a global actual property advisory firm. In the January-June 2021 period, workplace absorption in six main cities stood at about 10.9 million sq ft, […]

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Mumbai documents over Rs 4,000-crore luxurious property offers in January-June duration

The luxury property section in Mumbai, the country’s most highly-priced actual property market, has witnessed buoyancy in the first 1/2 of the year as company honchos, CXOs, Bollywood stars and excessive net worth men and women persevered to lap up properties. Most of them have concluded their high-value transactions in the backdrop of the stamp […]

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EOW begins probe into Bhopal clever metropolis land tenders

Madhya Pradesh monetary offences wing (EOW) has initiated a probe into a grievance alleging transparency issues, corruption and crook conspiracy in plots bought on freehold groundwork for Area-Based Developed (ABD) Area of Bhopal Smart City Development Corporation Limited (BSCDCL). It has been alleged that the tendering system on industrial plots was once made complicated to […]

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Sebi defends intervention before the accepted assembly of PNB Housing Finance

Markets regulator Sebi on Friday knowledgeable the Securities Appellate Tribunal (SAT) that it had to intervene in advance of the magnificent standard assembly (EGM) of PNB Housing Finance to get the proper valuation for placement of shares to international personal fairness primary Carlyle and its mates via the preferential route. Sebi stated that it was […]

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Maharashtra doubles builder bonanza in redevelopment schemes

A new country city improvement branch notification provides builders truly double the current building inducements for redeveloping ancient and dilapidated buildings, commonly in the island city. In what property market sources known as a foremost bonanza, builders will now be entitled to obtain 75% to a hundred per cent greater incentive location to promote in […]

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UP-RERA opinions development of seventy-six tasks to facilitate their completion

Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) these days held evaluation conferences of seventy-six tasks from NCR location with respective promoters. These conferences had been held with a view to facilitate the completion of such initiatives and make sure the compliance of the orders of UP-RERA with admiration to the allottees of these projects. The […]

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Chandigarh: unlawful systems on village peripheral line demolished

Within the last 10 days, UT management has demolished around 10 to twelve unlawful structures on the outer edge of UT villages. Those structures had been demolished by using SDM (critical) Harjeeet Singh Sandhu and SDM (East) Ruchi Bedi in villages, along with Khuda Ali Sher and Daria. Assets stated that SDM (important) Harjeet Singh […]

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Earth protection systems in maximum excessive-rises in Noida broken, exhibits audit

The fireplace branch in its audit of highrises in Noida and Greater Noida has observed many homes in which the hydration device has collapsed because of tough water. An audit has been performed given that April. Multiple apartments have also complained that the fireplace safety structures in their homes aren’t operational and are in a […]

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West Bengal government gives 2% stamp responsibility rebate; slashes circle charges by means of 10%

West Bengal government on July 7 decided to offer a stamp responsibility rebate of 2% for registration of deeds and slashed circle costs through 10% because it provided its Rs 3.08- lakh- crore finances within the meeting for financial 2021-2022. Presenting the budget, country enterprise minister Partha Chatterjee, who had placed the vote-on-account in the […]

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LIC Housing Finance’s internet earnings down 81% to Rs 153.44 crore in Q1 FY22

Mortgage financier LIC Housing Finance (LIC HFL) on Thursday said an eighty-one per cent decline in its standalone internet income at Rs 153.44 crore in the quarter ended June due to accelerated provisioning for non-performing loans. The lender had stated earnings after tax of Rs 817.48 crore in the corresponding quarter of the preceding fiscal. […]

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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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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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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 […]