NOIDA: A full-fledged deputy registrar of societies office will open soon in Noida, eliminating the need for residents to travel to Meerut for any issue relating to highrises and residential sectors, including annual RWA or AOA elections. Varun Khare, deputy registrar of societies, made the announcement in Meerut during a meeting with members of the […]
In Noida, a deputy registrar’s office will be established soon.more
NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]
Housing demand in India is up 7.3% year on year, while supply is up 6%.more
CHANDIGARH: Finance Minister Harpal Singh Cheema and Revenue Minister Brahm Shanker Jimpa agreed on Thursday to reduce the time it takes to issue no objection certificates (NOCs) from 21 to 15 working days in order to avoid unnecessary disputes and litigations during property sales and purchases. Cheema proposed at a meeting here at Punjab Bhawan […]
Property owners in Punjab will receive NOC in 15 days, according to the Minister.more
NOIDA: The Noida Authority launched an investigation into 14 applications in an e-auction for a residential plot scheme last week that quoted up to 110 times the base price. Officials stated on Tuesday that the applicants either entered incorrect quotations or attempted to influence the auction. The Noida Authority advertised 241 plots for auction, and […]
The Noida Authority is searching into plot auctions with bids exceeding 110 times the base price.more
MUMBAI: On Thursday, the Bombay High Court ruled that a Maharashtra town planning law does not exempt developers from paying development charges for projects on civic or government land, including redevelopment. The legislation was never intended to allow a developer or any third party seeking to redevelop a plot owned by a public body or […]
Bombay HC: There is no development fee for projects built on government land.more
HYDERABAD: The TRS MP and Lok Sabha floor leader, Nama Nageswara Rao, and members of his family were arrested on Monday after the Enforcement Directorate seized 28 immovable properties and other assets worth Rs 80 crore from them. The Enforcement Directorate has attached assets belonging to Madhucon Projects Limited, Ranchi Expressway Limited, and their directors […]
Nama Nage’s assets worth Rs 80 crore have been seized by the Enforcement Directorate in Telangana.more
CHENNAI: According to Palanivel Thiaga Rajan, Tamil Nadu’s finance and human resource management minister, the state is considering developing flagship housing projects in collaboration with Singapore firms. On Tuesday, he said there is a cultural and natural connection between Singapore and Tamil Nadu to collaborate in a few areas during a panel discussion titled “Partnering […]
Tamil Nadu will investigate the possibility of collaborating on housing projects with Singapore.more
NEW DELHI: In the second quarter of the fiscal year 2022–23, Adani Group’s building materials division, ACC, reported a net consolidated loss after tax of Rs 87.32 crore. According to a BSE filing, the company reported a profit after tax of Rs 450.21 crore in the previous fiscal’s corresponding quarter. In Q2 FY23, the company’s […]
In the second quarter of FY23, ACC reported a net loss of Rs 87.32 crore.more
NASHIK: The Nashik Municipal Corporation (NMC) has decided to fine all residential and commercial buildings in the city that have inoperative rainwater harvesting systems. Rainwater harvesting systems are required by law for all residential and commercial structures built on plots larger than 500 square meters. The town planning department will check whether the rainwater harvesting […]
Fines will be imposed on buildings with faulty rainwater harvesting systems.more
IBCCL, a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL), has paid Rs 60 crore to Sheela Gehlot, wife of Ambience group promoter Raj Singh Gehlot, for four floors in Anand Lok in south Delhi. The house is situated on a 780-square-yard lot, with the first four floors being registered separately. According to documents […]
Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.more