Centre urges Tamil Nadu to appoint fulltime Chairman of Real Estate Regulation Authority

CHENNAI: The Centre has urged the State government to appoint a fulltime Chairman of Tamil Nadu Real Estate Regulation Authority and has hit out at the Southern states’ dismal performance (excluding Karnataka) in registering projects with Real Estate Regulatory Authority. Speaking at a regional workshop, RERA – A New Era of Transparency and Accountability in Real Estate, Minister of State […]

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Indian Malls – Change is the Only Constant

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 learn through trial and error […]

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World Bank Team will be studying housing projects in Chennai

By Realty Quarter Bureau A team from the World Bank (WB) will be spending three days in Chennai to study schemes taken up by the Tamil Nadu Housing Board (TNHB) and Slum Clearance Board (SCB) to provide housing for all under central government’s housing schemes. A five-member WB team that met officials at the TNHB office on Wednesday was shown, […]

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IL&FS infra will build affordable housing starting with 3 new projects

By Realty Quarter Bureau IL&FS Townships & Urban Assets will be forming joint ventures and participate in PPP partnership projects initiated by the government. IL&FS Group infrastructure and financial services company is now foraying into affordable housing business with 3 projects in Hyderabad, Chennai & Ahmedabad. This would be done under the new separate subsidiary called IL&FS Townships and Urban […]

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27% increase in new housing launches in Q1 2018 over previous quarter reports ANAROCK

By ANAROCK Property Consultants Unsold inventory decreased by 2% from 7.27 lakh units in Q4 2017 to 7.11 lakh units by Q1 2018 According to ANAROCK Property Consultants’ latest research, 2018 has started on a positive note with residential unit launches making a comeback and recording a 27% increase in Q1 2018 from the previous quarter across top 7 cities of India. […]

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