Category: NCR Region

Residential searches rose 14.2% between January and March 2023, while listings rose 1.9%.

March 30, 2023

NEW DELHI: As per Magicbricks’ Proplndex research, residential searches surged by 14.2 percent from January to March 2023 while listings increased by 1.9 percent. Residential searches grew 3.2% quarter over quarter, the research claims, following a little fall of 2.5% the previous quarter, led by Ahmedabad (21.4%), Bangalore (10.3%), and Pune (7%). The survey also […]

Residential searches rose 14.2% between January and March 2023, while listings rose 1.9%.more

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.

March 27, 2023

NEW DELHI: In conjunction with a money laundering probe related to an alleged bank fraud case against the Ambience Group, the Enforcement Directorate announced on Friday that it had attached a multi-storeyed commercial complex in Delhi’s Shalimar Bagh neighbourhood, valued at more than Rs 252 crore. The immovable property is known as Ambience Tower and […]

At Delhi’s Shalimar Bagh, the ED attaches an “Ambience Tower” worth Rs 252 crore.more

For promoting unregistered developments, MahaRERA in Pune has targeted eight more.

March 24, 2023

PUNE: 25 projects throughout the state that had been marketed without registration are now the subject of another suo motu action by the Maharashtra Real Estate Regulatory Authority (MahaRERA). The developers have received notices, according to officials’ statements on Thursday. In this respect, Pune has the second-highest number of breaches. MahaRERA also sent identical letters […]

For promoting unregistered developments, MahaRERA in Pune has targeted eight more.more

Chandigarh: Your April property tax invoices will arrive in the mail.

March 20, 2023

CHANDIGARH: The municipal corporation (MC) and the postal service have partnered to issue property tax invoices to residents starting at the end of March and the first week of April. If they pay between April 1 and May 31, taxpayers will receive rebates—20% for residential properties and 10% for commercial structures. Defaulters will start paying […]

Chandigarh: Your April property tax invoices will arrive in the mail.more

In Q3 FY23, housing sales increased 11% in volume across seven cities, according to ICRA.

March 9, 2023

NEW DELHI: According to rating agency ICRA, housing sales increased 11% in volume across seven cities in the third quarter of this fiscal year due to stronger demand. “The reported sales in Q3 FY2023 in the top seven cities in India were 149 million square feet (msf), the highest quarterly sales recorded in over ten […]

In Q3 FY23, housing sales increased 11% in volume across seven cities, according to ICRA.more

Residential sales in top seven cities up 68% year-on-year in 2022: Report

January 9, 2023

NEW DELHI: According to a recent JLL India report, the residential sector experienced a robust demand revival in 2022, with the year having to register a decadal high in-home sales with 215,000 units across the top seven cities of Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune. Residential sales increased by 68% year on year […]

Residential sales in top seven cities up 68% year-on-year in 2022: Reportmore

The ban on non-essential construction work in Delhi-NCR has been lifted.

January 5, 2023

NEW DELHI: With air pollution in Delhi-NCR improving, the Centre’s air quality panel directed authorities on Wednesday to lift curbs imposed under stage III of the Graded Response Action Plan, along with a ban on non-essential demolition and construction work. The 24-hour average air quality index (AQI) in Delhi was 343 at 4 p.m., down […]

The ban on non-essential construction work in Delhi-NCR has been lifted.more

The directors of Ansal Properties have been summoned by the Delhi High Court.

December 23, 2022

The directors of real estate firm Ansal Properties & Infrastructure have been summoned by the Delhi High Court to describe the “concealment of facts” from the court and try to “frustrate” its orders. The directors have been directed to remain personally present in the court on January 23. “Prima facie,” the developer of real estate […]

The directors of Ansal Properties have been summoned by the Delhi High Court.more

Rajasthan RERA has begun issuing exemption certificates to builders.

December 22, 2022

JAIPUR: The Rajasthan Real Estate Regulatory Authority (RERA) has begun granting exemption certificates to developers for completed real estate projects prior to sale or marketing. RERA-Raj decided that developers who completed their real estate projects and obtained a completion certificate from any relevant authority, such as development authority, municipal corporation, and urban improvement trust (UIT), […]

Rajasthan RERA has begun issuing exemption certificates to builders.more

The ED seizes assets worth Rs. 78 crore in the Heera Gold scam.

December 15, 2022

HYDERABAD: In the Heera Gold scam case, the Enforcement Directorate has temporarily attached the immovable and movable assets of SA Builders and Developers and Neelanchal Technocrats worth Rs 78 crore. It was claimed that the accused real estate firm diverted funds from the crime proceeds to shell companies in Kolkata and Shillong. The properties were […]

The ED seizes assets worth Rs. 78 crore in the Heera Gold scam.more

Category: NCR Region

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