Category: NCR Region

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

In Delhi, a fine of Rs 32.4 lakh was imposed for failing to comply with dust regulations.

October 27, 2022

NEW DELHI: Authorities in Delhi issued 253 challans and fined user agencies a total of Rs 32.4 lakh for failing to comply with dust control standards, according to Environment Minister Gopal Rai. As of October 6, government officials had inspected 6,868 construction sites as part of the anti-dust campaign, according to the minister. “A total […]

In Delhi, a fine of Rs 32.4 lakh was imposed for failing to comply with dust regulations.more

Bombay HC Raps BMC on ‘Keep a Distance from Builders’.

October 3, 2022

Tenants of the former Janki Bhuvan, which was taken up for redevelopment by Sanghavi Grih Nirman Pvt Ltd in 2009 but was never completed, filed a high court petition. MUMBAI: After seeking permission to evict tenants and demolish a temporary transit building in Prabhadevi, the Bombay High Court warned the BMC to avoid builders. On […]

Bombay HC Raps BMC on ‘Keep a Distance from Builders’.more

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children.

September 22, 2022

There are now 31 CapitaLand Hope Schools across India, China, and Vietnam benefitting over 28,000 children Bangalore, 21 September 2022 – CapitaLand Hope Foundation (CHF), the philanthropic arm of CapitaLand Group, has launched its second CapitaLand Hope School in Bangalore, India to provide more than 400 children from underserved families with access to education. CHF has contributed […]

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children.more

Tata Projects will construct Noida International Airport.

June 4, 2022

Tata Projects has been chosen by Yamuna International Airport (YIAPL) to handle the engineering, procurement, and construction (EPC) of Noida International Airport (NIA). The company was chosen from three qualified teams to build the airport’s terminal, runway, airside infrastructure, roadways, utilities, landside amenities, and other auxiliary buildings. According to Christoph Schnellmann, CEO of YIAPL, “Our […]

Tata Projects will construct Noida International Airport.more

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.

June 2, 2022

The unified Municipal Corporation of Delhi has agreed to increase transfer duty by 1% on properties priced above Rs 25 lakh across the city, according to official sources. Buying property in Delhi is about to become more expensive. Officials claimed that after the increase, the transfer duty will be 4% for men and 3% for […]

Transfer duty on properties worth more than Rs 25 lakh in Delhi has been increased by 1%.more