Category: Current Affairs

CM appoints second nodal agency to expedite PMAY yojana in state

December 11, 2017

By Realty Quarter Bureau In a move that is expected to help better implementation of Pradhan Mantri Awas Yojana (PMAY) in the state, the Maharashtra government has appointed Directorate of Municipal Administration (DMA) as the second nodal agency for the policy. Earlier Maharashtra Housing and Area Development Authority (MHADA) was the only nodal agency looking […]

CM appoints second nodal agency to expedite PMAY yojana in statemore

Setting up industries more easier on Bihar land

December 10, 2017

By Realty Quarter Bureau The amendment Bill seeks to mandate the BIADA to purchase non-agricultural land and hand it over to industrialists after developing infrastructure facilities on it. Land procurement for setting up industrial unit in Bihar is set to be easier once the Bihar Industrial Area Development Authority (amendment) Bill, passed by the state legislature comes into […]

Setting up industries more easier on Bihar landmore
Fire safety

Fire resistant evacuation lifts must in new building: BMC new policy

By Realty Quarter Bureau BMC has come up with a new policy to make all the new buildings equipped with fire resistant evacuation lifts compulsory for buildings above 70meters (22floorsapprox) for fire emergencies. The lifts will have additional power backup, fire-resistant cabins and glass, which will help firemen reach to affected floors and rescue victims. […]

Fire resistant evacuation lifts must in new building: BMC new policymore

Edelweiss raises Rs 500 crore through its real estate fund

December 8, 2017

By Realty Quarter Bureau Edelweiss Alternative Asset Advisors, part of diversified financial services firm Edelweiss Group, deals in alternative private Debt, across special opportunities, real estate and distressed assets credit space Edelweiss Alternative Asset Advisors said it has raised Rs 500 crore through its onshore alternative investment fund — Edelweiss Real Estate Opportunities Fund. The fund […]

Edelweiss raises Rs 500 crore through its real estate fundmore

Rate cut have allowed potential buyers to invest in property, says Industry

By Realty Quarter Bureau  The realty sector was not expecting any reduction in key interest rates by the RBI, but any policy loosening could have provided a big thrust to the housing market facing a multi-year slowdown, say property builders and consultants. Nonetheless, the developers are optimistic that there is still room for banks to bring […]

Rate cut have allowed potential buyers to invest in property, says Industrymore

REALTY QUARTER presents Real Estate Industry Leadership Awards 2017 in association with Reliance 92.7BIGFM

December 4, 2017

By Nimisha Gupta, Editor-in-Chief REALTY QUARTER aims to recognize and reward Real Estate Developers extreme professionalism and business acumen. Real Estate Industry Leadership Award 2017 partnering with Reliance 92.7 BIG FM provides a unique platform in media to the real estate players and gives excellent opportunity in their best respective arena to network and profit […]

REALTY QUARTER presents Real Estate Industry Leadership Awards 2017 in association with Reliance 92.7BIGFMmore
Housing Societies

Co-operative Housing Societies in Maharashtra now be investing in mutual funds & shares

By Realty Quarter Bureau In a recent notification of Amendment section 20 of Indian Trust Act now more than 1lakh co-operatives housing societies in the state will be able to invest in mutual funds and shares. The cooperative housing societies are governed by the Maharashtra State Cooperative Societies Act 1960. The Act clearly says that a […]

Co-operative Housing Societies in Maharashtra now be investing in mutual funds & sharesmore
affordable homes

1, 12,083 affordable homes sanctioned for urban poor under PMAY says Central Sanctioning Committee

December 3, 2017

By Realty Quarter Bureau Ministry of Housing & Urban Affairs has approved the construction of 1,12,083 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs. 8,105 cr with central assistance of Rs. 1,681 cr. The approval was given in the 28th meeting of the […]

1, 12,083 affordable homes sanctioned for urban poor under PMAY says Central Sanctioning Committeemore