Category: INDIA / WORLD

MahaRERA

MahaRERA projects may soon receive property cards.

March 10, 2022

A senior revenue official said on March 9 that the scheme to issue property cards to flat owners could begin soon with MahaRERA-registered projects. The state cabinet approved the scheme to issue independent property cards to flats (vertical properties) in 2019. All flat owners were supposed to receive these property cards containing information about carpet […]

MahaRERA projects may soon receive property cards.more
DDA

The DDA has launched a web portal that displays Delhi’s layout plans.

March 9, 2022

According to officials, a web-based portal displaying layout plans of various regions of Delhi was inaugurated on Monday to make old records accessible to the public. According to them, the work was assigned to the Delhi Development Authority (DDA) by the Union Ministry of Housing and Urban Affairs as part of the government’s ‘Ease of […]

The DDA has launched a web portal that displays Delhi’s layout plans.more
Bengaluru

RWA has spoken out against Bangalore Municipal Corporation’s unauthorised road project in Whitefield.

March 8, 2022

On March 3, the Namma Whitefield Resident Welfare Association Federation filed a complaint with the Lokayukta about an illegal road built in the buffer zone of Pattandur Agrahara Lake. The project, according to Sandeep Anirudhan, president of the association, violates nearly 15 written laws and is causing contempt to the High Court, which prohibits construction […]

RWA has spoken out against Bangalore Municipal Corporation’s unauthorised road project in Whitefield.more
MAHA RERA

In 2021, MahaRERA declares 407 projects in the state to be “lapsed.”

March 7, 2022

MahaRERA, the state’s real estate regulator, declared 407 projects across the state “lapsed” in 2021 after their registration validity expired. In the Aurangabad division alone, the ‘lapsed’ list includes approximately 23 projects. A promoter is not permitted to advertise, market, book, sell or offer for sale, or invite people to purchase any plot, apartment, or […]

In 2021, MahaRERA declares 407 projects in the state to be “lapsed.”more

HDFC Bank has leased an 80,000-square-foot office space in Ahmedabad.

March 5, 2022

HDFC Bank has leased nearly 80,000 lakh square feet of office space in Ahmedabad’s RTO Circle commercial project Himalaya Elanza. The private sector bank has leased the office space for a five-year term and will pay nearly Rs 5 crore in annual rent. The transaction is significant because the Mumbai-based bank is acquiring this size […]

HDFC Bank has leased an 80,000-square-foot office space in Ahmedabad.more
Google Office

Google cancels its lease agreement with Vatika due to a ‘delay.’

March 4, 2022

Google has terminated an agreement to lease 7 lakh square feet of office space in Vatika’s office complex in Gurgaon, citing a delay in handing over possession and a failure to follow the terms of the contract. The agreement was signed in June 2020, but the real estate developer has filed a counterclaim in a […]

Google cancels its lease agreement with Vatika due to a ‘delay.’more

Kerala’s government has issued guidelines on green building incentives.

March 3, 2022

As part of encouraging eco-friendly buildings, the government has issued detailed guidelines announcing various incentives to “green” rated buildings in the state. Buildings will be rated based on a variety of criteria, beginning with the selection of the land for construction and continuing through completion and, if necessary, demolition measures, in order to provide incentives […]

Kerala’s government has issued guidelines on green building incentives.more
Mumbai Property

The Mumbai property market is on a tear, with over 10,000 registrations in February.

March 2, 2022

Property registrations in Mumbai, the country’s largest real estate market, continued to show strong momentum in February, outpacing pre-pandemic levels by a wide margin. This is also the first time in the city’s history that more than 10,000 apartments have been registered each month since the stamp duty reduction benefit expired last year. In terms […]

The Mumbai property market is on a tear, with over 10,000 registrations in February.more
Supreme court

Noida authority to SC: Supertech twin towers to be demolished by May 22.

March 1, 2022

Supertech Ltd informed the Supreme Court on February 28 that the demolition of its twin 40-story towers at the Emerald Court Project in Noida would be completed by May 22. The case’s next hearing is scheduled for May 17. The Supreme Court had chastised the realty firm for failing to comply with its orders to […]

Noida authority to SC: Supertech twin towers to be demolished by May 22.more

On Monday, a set of guidelines on residential EV charging in Delhi will be announced.

February 28, 2022

  The Delhi Dialogue and Development Commission, in collaboration with the World Resources Institute, India, will launch the ‘Residential Electric Vehicle (EV) Charging Guidebook’ on Monday to simplify and enable the adoption of EV charging in all types of residential areas throughout the city, according to an official statement. According to a statement issued on […]

On Monday, a set of guidelines on residential EV charging in Delhi will be announced.more