Category: Others

Electricity

In Andhra Pradesh, a housing scheme would use energy-efficient construction technologies.

May 10, 2021

The revolutionary ‘Indo-Swiss energy-efficient construction technology’ will be used in Andhra Pradesh’s Pedalandariki Illu housing scheme (housing for all the poor). The proposal calls for the construction of 30 lakh affordable houses in the state. According to state officials, the Indo-Swiss EE technology will decrease the temperature inside houses by about two degrees and save […]

In Andhra Pradesh, a housing scheme would use energy-efficient construction technologies.more
Waiver on Stamp duty

CREDAI-MCHI asks the Government of Maharashtra to elongate the stamp duty reduction by another 12 months.

March 24, 2021

The real estate developers’ association CREDAI MCHI urged the Maharashtra government to extend the currently reduced stamp duty to 31 March 2022. It emphasized that the sentiments and registrations of the properties, job creation and overall tax collection for the State were considerably improved after the stamp duty was cut. Representatives of the real estate body that has […]

CREDAI-MCHI asks the Government of Maharashtra to elongate the stamp duty reduction by another 12 months.more
Buy property cheaply at auction

Indiabulls Housing Finance auctions Rana Kapoor’s property for Rs 114 crore.

March 17, 2021

Indiabulls Housing Finance has sold to a real estate developer in Delhi a property belonging to Yes Bank Cofounder Rana Kapoor for Rs 114 crore, said three people aware of the development. To recoup nearly Rs 240 crore, it had loaned to Bliss Villa, a company where Kapoor was the guarantor, the mortgage lender sold at […]

Indiabulls Housing Finance auctions Rana Kapoor’s property for Rs 114 crore.more
Mhada

State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.

March 15, 2021

The state housing department provides relaxed conditions for the redevelopment of old and decayed cessed buildings in the city with hundreds of Mhada NOCs stuck for over a year. It has removed a 2019 GR which, several developers have said, was unworkable. Now developers would not be expected in order to obtain a redevelopment NOC to […]

State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.more
Pradeep_Agarwal

Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Group

November 26, 2020

Q1: Realty & Sustainability Confluence and Awards 2020” by ASSOCHAM and MoHUA is big news. Why ASSOCHAM felt the need for something like this? What role is expected to play among developers as well as buyers? Ans – When the times are tough, any sort of motivation works wonders and Awards like these will certainly […]

Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Groupmore
Deepak_Sood

Interview of Mr Deepak Sood, Secretary General, ASSOCHAM

Q 1: How do you assess the present state of real estate in the Post-Covid period? Ans: Like the rest of the economy, real estate too has shown a fast recovery, especially in the third quarter of the current financial year. The trend line for the residential segment is definitely positive as indications emerge from […]

Interview of Mr Deepak Sood, Secretary General, ASSOCHAMmore
Vineet_Agarwal

Interview of Mr. Vineet Aggarwal, Sr. Vice President, ASSOCHAM & Managing Director, Transport Corporation of India Limited

Q1: ASSOCHAM and MoHUA have announced India’s first Realty and Sustainability Confluence and Awards. Please tell us about some of the key issues that this event will cover and how do you foresee the future editions contributing towards this sector. Replied ) ASSOCHAM has been quite actively promoting various sectors that have been recently hit by […]

Interview of Mr. Vineet Aggarwal, Sr. Vice President, ASSOCHAM & Managing Director, Transport Corporation of India Limitedmore
Bombay High Court Image

Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.

September 10, 2020

On 8 September, Bombay High Court ordered MMRDA “for further stalling of road-widening work on a property owned by a housing society” in Kurla, after alleging that the government had “high-handedly” taken over 700 square metres. The work is carried out in an extended road from Kurla to Vakola on a road between Santacruz and […]

Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.more
Real Estate Market

The new real estate hotspot, Hyderabad Pharma City (HPC).

September 8, 2020

The new real estate hotspot of the city is a 30-km stretch along the Srisailam Highway— 45 minutes from Gachibowli. Reason: the Hyderabad Pharma City (HPC). Although this large ticket business has been underway in Dasara for sometimes, government officials have confirmed it is finally being routed. This led to major activities along the highway, […]

The new real estate hotspot, Hyderabad Pharma City (HPC).more
IL&FS

IL&FS wishes to fetch Rs 1,500 crore by selling its headquarters in Mumbai.

September 4, 2020

Crisis-hit IL&FS will be inviting initial bids to sell its corporate headquarters in the Bandra-Kurla Complex (BKC) in Mumbai at the end of this month, almost two years after the debt-ridden infrastructure lender folded, two people with direct development knowledge said. By the end of this financial year, the organisation aims to monetise the high-end […]

IL&FS wishes to fetch Rs 1,500 crore by selling its headquarters in Mumbai.more