Category: Features

Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

K-RERA allows three months deadline extensions on all RERA projects.

April 6, 2020

The Karnataka Real Estate Regulatory Authority (RERA) has provided a deadline extension for all residential buildings throughout the city, taking into account the lockdown declared by the state and the union governments. Much of the mass exodus of migrant workers who decided to return to their hometowns before the coronavirus outbreak, the continuing construction projects […]

K-RERA allows three months deadline extensions on all RERA projects.more

High Court restricts ICRA ltd from publishing Indiabulls Housing Finance Ltd credit score.

April 4, 2020

The Delhi High Court on Friday restricted a private credit rating firm, ICRA Ltd, from allowing the Indiabulls Housing Finance Ltd (IHFL) credit score public until April 6. Justice Sanjeev Sachdeva’s interim direction came on a request to stop ICRA Ltd from downgrading IHFL’s credit score for failing to include any details the credit rating […]

High Court restricts ICRA ltd from publishing Indiabulls Housing Finance Ltd credit score.more

COVID-19 effect: Maharashtra government declares an 8% reduction in electricity tariff.

April 3, 2020

On March 30th, the Maharashtra government declared an average 8 per cent reduction in the electricity tariff over the next five years to enable enterprises and citizens to sail through the COVID-19 crisis. Although the sector has earned the biggest gains, according to an official announcement, farmers would have to endure a 1 per cent […]

COVID-19 effect: Maharashtra government declares an 8% reduction in electricity tariff.more

PMC: Pune citizens can now access property tax bills through digital platform.

April 2, 2020

The civic body took to the digital platform to issue property tax bills for the new fiscal (2020-21) after the current lockdown hindered it from printing and dispatching more than 10.5 lakh of them. The Pune Municipal Corporation (PMC) has now begun uploading the bills to the property tax payment network that can be accessed […]

PMC: Pune citizens can now access property tax bills through digital platform.more

Wadhwa Group receives Rs 300 crore investments from a Japenese company Marubeni Corporation.

April 1, 2020

Japanese institutional investor Marubeni Corporation has decided to invest Rs 300 crore into a 1 million sqft residential project ‘Atmosphere’ of real estate developer Wadhwa Group in Mumbai’s Mulund suburb. This is the maiden investment Marubeni has created in Indian real estate. In a statement, it said it would invest in the project by subscribing […]

Wadhwa Group receives Rs 300 crore investments from a Japenese company Marubeni Corporation.more

Maharashtra Ready Reckoner Rates to be declared after 31st May 2020.

March 31, 2020

On Monday, the Inspector General of Registration and Stamps (IGR) said Maharashtra’s Ready Reckoner prices will be declared after May 31 owing to the COVID-19 outbreak. It was expected to declare ready reckoner rates for this year on April 1. In an order released on Monday, state IGR Omprakash Deshmukh said the rates will be […]

Maharashtra Ready Reckoner Rates to be declared after 31st May 2020.more

Delhi CM Arvind Kejriwal appealed landlords not to compel tenants to pay rent for a few months.

March 30, 2020

On Sunday, Delhi Chief Minister Arvind Kejriwal appealed to the landlords not to compel tenants to pay rent for two or three months, saying that the rent would be paid by his government if tenants fail to do so. “I appeal to all landlords not to compel tenants to pay rent for two or three […]

Delhi CM Arvind Kejriwal appealed landlords not to compel tenants to pay rent for a few months.more

Reserve Bank of India puts hold on Housing Loan EMI’s for the next three months.

March 28, 2020

The Reserve Bank of India joined the huge battle on March 27 with a host of steps aimed at mitigating the harm from Covid-19 a day after Modi govt started his economy rescue in right earnest with a Rs 1.70 lakh crore coronavirus counter. Those steps come just hours after Moody’s Investors Service reduces India’s […]

Reserve Bank of India puts hold on Housing Loan EMI’s for the next three months.more

COVID-19: The impact of lockdown makes airport hospitality service providers urge for relief on heavy rents.

March 27, 2020

The airport hospitality service providers, who had to close down lounges after air traffic suspension, have urged airport operators to offer some relief on the heavy rents they pay for utilizing their facilities. The lounge operators have requested the operators at some airports where they pay the minimum guarantee to reconsider the guarantees due to […]

COVID-19: The impact of lockdown makes airport hospitality service providers urge for relief on heavy rents.more

Developers’ body seeks to defer housing loans EMI for a 12months.

March 25, 2020

Real estate developers body is looking for a 12-month deferral of housing loan instalments, a 2-year moratorium on project loans, issuance of building plans and other permits that are being supported by payment of fees, and other steps to help the real estate industry in UP and Haryana. The National Real Estate Development Council (NAREDCO-UP) has […]

Developers’ body seeks to defer housing loans EMI for a 12months.more

Category: Features

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