Category: Others

GMDA initiates Geographical Information System to prevent land scams.

September 1, 2020

In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]

GMDA initiates Geographical Information System to prevent land scams.more

ICRA predicts overall real estate inventory to decrease by 40-60%.

August 29, 2020

ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]

ICRA predicts overall real estate inventory to decrease by 40-60%.more

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.

Recognised for exemplary collaboration with Singapore firmsin India and Indonesia Singapore, 28 August 2020 – CapitaLand has received the top SGBuilds Star Award by the Building Construction Authority of Singapore (BCA) for the Group’s exemplary collaboration with Singapore firm L&W Construction Private Limited (L&W) to develop International Tech Park Pune, Kharadi (ITPP-Kharadi) in India. CapitaLand […]

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.more

PMC to acquire land owned by defence establishments for Rs 20 crore.

August 28, 2020

The city council agreed to pay Rs 20 crore to complete the land acquisition for the Chandni Chowk flyover project owned by defence establishments. The sum will be transferred phase by phase to the National Highways Authority of India (NHAI). In the case of obtaining 0.48 hectares in the name of the Pune Municipal Corporation, […]

PMC to acquire land owned by defence establishments for Rs 20 crore.more

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.

August 24, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.

August 20, 2020

More than a decade ago, this prime sea-side plot of the Charni Road in southern Mumbai was to build the country’s tallest 125 storey luxury hotel. Some years later, a plan was revised and two 60-story residential towers were built on the 2.2-acre land. However, all of the plans have been void. The land would […]

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.more

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.

August 19, 2020

The government stated on 18 August, that Gujarat Chief Minister Vijay Rupani authorised the development of 70 floors or higher buildings for five key cities. In compliance with the new law, for tall structures in the state, the highest legal cap was 23 floors. The state government now proposed to amend the General GDCR (General […]

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.more

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.

August 18, 2020

Union Minister Hardeep Singh Puri said on Tuesday that approximately 3.65 crore jobs would be created in the development of apartments and houses approved by the country’s Pradhan Mantri Awas Yojana (Urban). Puri further said 1.65 crore jobs have already been generated under the PMAY (U), during a webinar, arranged by the Confederation of Indian […]

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.more

Spaciya Leases 1.5 Lakh Sq. Ft. Since Lockdown

August 17, 2020

India, Noida, August 2020: Beating the odds during COVID 19, Spaciya Advisors, NOIDA based real estate consultancy firm has achieved a milestone of leasing 1.5 lakh square feet of office spaces in NCR since relaxation on lockdown. Spaciya negotiated up with several real estate developers across NOIDA to give hefty rental discounts to the tenants. […]

Spaciya Leases 1.5 Lakh Sq. Ft. Since Lockdownmore

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projects

June 11, 2020

SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore

Category: Others

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