Category: Others

Under-construction Building

Construction work freezes in China due to epidemic prevention.

March 12, 2020

In February, construction operations in China halted when the government prolonged the lunar New Year break and urged residents to remain indoors for a coronavirus epidemic preventive. The flu-like disease began from central Wuhan has killed 3,158 people and affected over 80,000 in mainland China. Japan’s Komatsu report, one of the most significant manufacturers of […]

Construction work freezes in China due to epidemic prevention.more
Mumbai

South Mumbai: MHADA aims to decrease the premium from 50% to 35% on redevelopment projects.

March 5, 2020

MHADA has made investments in redevelopment buildings in South Mumbai less costly for developers. It directly translates into affordable housing for the common man at the heart of Mumbai. Are you living in a compact house in South Mumbai? Or perhaps, you’ll find yourself in an old building and have no other choice but to […]

South Mumbai: MHADA aims to decrease the premium from 50% to 35% on redevelopment projects.more
SRA (Slum Rehabilation Authority)

Maharashtra state will enable selling of SRA flats in just 5 years lock-in period.

February 28, 2020

The State housing department would shortly be enabling the Slum Rehabilitation Authority (SRA) project beneficiaries to sell their homes in five years instead of ten years. Housing Minister Jitendra Awhad made the announcement at the assembly on 25 February to reduce the lock-in period. The decision was taken on the basis of a recommendation provided […]

Maharashtra state will enable selling of SRA flats in just 5 years lock-in period.more
Google Office

Search Engine giant Google is going to lease 1.2 million sqft office space in Bengaluru.

February 27, 2020

Google leases about 1.2 million sqft of office space in Bengaluru from commercial developer Bagmane Group, people familiar with the matter said. The deal will be one of the biggest in the country’s largest office sector this year. The lease will add to the tech giant’s portfolio of real estate in Bengaluru, where it has […]

Search Engine giant Google is going to lease 1.2 million sqft office space in Bengaluru.more
Real estate investment

DTCP registers FIRs against five builders who were unable to provide basic amenities to residents.

February 26, 2020

On 24 February, the city police registered an FIR against five real estate developers, including a member of the Bharatiya Janata Group MP, following complaints from Gurugram’s District Town and Country Planning (DTCP) Department. These developers couldn’t provide the residents with basic amenities. R.S. Baat, DTCP head, said the FIRs were registered in violation of […]

DTCP registers FIRs against five builders who were unable to provide basic amenities to residents.more
Partnership

L&T Realty is going to develop a residential project together with DB Realty in Malad, Mumbai.

February 25, 2020

The real estate development arm Larson & Toubro’s (L&T Realty) is in planning to do a partnership with DB Realty for developing a residential project in the Malad area of Mumbai’s Western suburb. The said project is estimated to be over 1.4 million sq ft, said three persons with direct knowledge of the development. The […]

L&T Realty is going to develop a residential project together with DB Realty in Malad, Mumbai.more