Category: Current Affairs

Haryana housing societies have to charge Rs 10,000 as transfer fee

June 27, 2018

By Realty Quarter Bureau The Haryana government has notified the Haryana Registration and Regulation of Societies (Amendment) Rules, 2018, under which housing societies cannot charge more than Rs 10,000 as transfer fee in case of change of ownership of an apartment. According to the notification issued last week, the Society will also fix maintenance charges. These charges […]

Haryana housing societies have to charge Rs 10,000 as transfer feemore

New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercials

By Realty Quarter Bureau FDI-funded realty firm Brahma group is entering commercial real estate space and will invest Rs 1,700 crore to develop an office-cum-retail project at Gurugram. New York-based Brahma group is an asset management company focusing on the Indian real estate sector. The company is developing over 200 acre township project at Panchkula in partnership with real […]

New York based Brahma Corp wants to invest Rs 1,700crore in Gurugram commercialsmore

Gujarat announced its Solar-Wind hybrid power policy

June 25, 2018

By Realty Quarter Bureau The Gujarat government has announced a new solar plus wind hybrid power policy in a bid to promote the simultaneous production of wind and solar power in the state, as per news report. Under this policy, various benefits can be achieved by developers for a period of 25 years or through […]

Gujarat announced its Solar-Wind hybrid power policymore

Capacit’e Infraprojects & Tata bags Mhada order worth Rs. 11,744crore

By Realty Quarter Bureau Construction firm Capacit’e Infraprojects in a consortium with Tata Projects and CITIC Construction has bagged an order worth Rs 11,744.26 crore from the Maharashtra Housing and Area Development Authority. “The project will be executed through a special purpose vehicle in which Capacit’e Infraprojects Ltd will have 37.1 per cent share worth Rs 4,357.12 crore,” the company said in a […]

Capacit’e Infraprojects & Tata bags Mhada order worth Rs. 11,744croremore

Knight Frank Reports increase in Co-working spaces in next 3 years

By Realty Quarter Bureau According to a report by property consultant Knight Frank, co-working companies took up two million sq ft space in the first quarter of 2018 itself, which has exceeded the annual tally of 2017 at 1.8 million sq ft. “With the expansion plans of major players and the increasing appetite for this […]

Knight Frank Reports increase in Co-working spaces in next 3 yearsmore

Wall crashes of Mumbai high-rise complex Llyods Estate in Wadala due to heavy rainfall

By Realty Quarter Bureau A portion of wall collapsed this early morning at 4:45 am of a high rise building Llyods Estate in Wadala due to heavy rainfall caving almost 20 cars parked under it. The incident happened early morning where all the residents where in deep sleep but luckily there were human injuries. Brihan […]

Wall crashes of Mumbai high-rise complex Llyods Estate in Wadala due to heavy rainfallmore

Indian Malls – Change is the Only Constant

June 22, 2018

By Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers […]

Indian Malls – Change is the Only Constantmore

Piramal Capital & Housing Finance funds Rs.200crore to Appaswamy Group Chennai

June 21, 2018

By Realty Quarter Bureau Piramal Capital & Housing Finance, a subsidiary of Piramal Enterprises Limited, has sanctioned an approximately Rs 200 crores facility to the Appaswamy Group (Appaswamy), via a structured equity transaction, to enable the acquisition of 3.34 acres (nearly 60 grounds) of land in Kotturpuram, in the heart of Chennai. Appaswamy acquired this land […]

Piramal Capital & Housing Finance funds Rs.200crore to Appaswamy Group Chennaimore

RBI raises the housing loan limit for low cost homes segments

By Realty Quarter Bureau Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve Bank said, on June 19, 2018. PSL loans are relatively cheaper than market interest rates. “With a […]

RBI raises the housing loan limit for low cost homes segmentsmore

Kolkata govt. announces housing project for salaried people less than 30K and less: UD Minister Firhad Hakim

By Realty Quarter Bureau The West Bengal government has announced a housing project, ‘Nijoshree’, under which two categories of flats would be provided to people, whose monthly earnings are not above Rs 30,000. The two categories of residential flats would have one and two bedrooms, the state’s urban development minister, Firhad Hakim said. The decision […]

Kolkata govt. announces housing project for salaried people less than 30K and less: UD Minister Firhad Hakimmore