On March 31, the Yamuna Expressway Industrial Development Authority (YEIDA) cancelled plots allotted to eight builders who had failed to begin construction on sites handed over to them over a decade ago. In total, the industrial authority reclaimed 2.2 lakh square metres from private developers and issued a forfeiture order for Rs 27.3 crore in […]
After lying dormant for ten years, YEIDA reclaims plots from firms.more
Sanjay Pandey, Mumbai Police Commissioner, announced on March 29 that builders will be required to post bonds to ensure that noise pollution at city construction sites does not exceed prescribed limits and hours. During a Mumbai Press Club event, he also stated that, based on the responses he has received, Mumbai residents consider noise pollution […]
According to the Mumbai police commissioner, builders will be required to provide noise pollution mitigation bonds.more
The Confederation of Real Estate Developers’ Association of India (CREDAI), the apex association of private developers, on March 12 announced to increase the rates of flats and villas by 10-15% owing to the increase in the cost of raw materials. The new plans would go into effect on April 1. Dhirendra Madan, President of CREDAI-Rajasthan, […]
Rajasthan: Flat prices will rise by 10-15% starting April 1st.more
Property developers are concerned about the rising contract sum due to continuous increases in raw material prices such as steel and cement, as well as an additional surge in the backdrop of the Russia-Ukraine war. Concerned about rising costs, realtors have asked the Ministry of Housing & Urban Affairs (MoHUA) to intervene through their pan-India […]
Real estate developers seek intervention from the Housing Ministry in response to rising cement and steel prices.more
Google has terminated an agreement to lease 7 lakh square feet of office space in Vatika’s office complex in Gurgaon, citing a delay in handing over possession and a failure to follow the terms of the contract. The agreement was signed in June 2020, but the real estate developer has filed a counterclaim in a […]
Google cancels its lease agreement with Vatika due to a ‘delay.’more
Supertech Ltd informed the Supreme Court on February 28 that the demolition of its twin 40-story towers at the Emerald Court Project in Noida would be completed by May 22. The case’s next hearing is scheduled for May 17. The Supreme Court had chastised the realty firm for failing to comply with its orders to […]
Noida authority to SC: Supertech twin towers to be demolished by May 22.more
The Delhi Dialogue and Development Commission, in collaboration with the World Resources Institute, India, will launch the ‘Residential Electric Vehicle (EV) Charging Guidebook’ on Monday to simplify and enable the adoption of EV charging in all types of residential areas throughout the city, according to an official statement. According to a statement issued on […]
On Monday, a set of guidelines on residential EV charging in Delhi will be announced.more
As part of its initiative to compensate for the city’s lack of open green spaces, the BMC has proposed making rooftop or terrace gardens mandatory for all new buildings with plot sizes greater than 2,000 square metres. It also wants builders to use vertical gardens on construction sites instead of tin sheets to obstruct their […]
Rooftop gardens may soon be required for all new buildings in Mumbai that are larger than 2,000 square metres.more
Rajarhat’s construction waste recovery plant is nearing completion. According to a Kolkata Municipal Corporation official, the plant will begin operations in April. It will be able to handle 500 tonnes of waste per day. Construction waste will be crushed into aggregates, which will then be mixed with concrete to pave roads. Non-biodegradable construction waste includes […]
In April, a construction waste recovery plant in Kolkata will begin operations.more The Delhi government is targeting office building complexes, shopping malls, residential colonies, and group housing societies in the city to strengthen the city’s network of Electric Vehicle (EV) charging stations. While the government recently released a step-by-step guide for shopping malls to install chargers, officials said a similar guide for residential colonies would be released […]
The Delhi government will provide guidance on electric vehicle charging in residential colonies.more