On March 31, the Yamuna Expressway Industrial Development Authority (YEIDA) cancelled plots allotted to eight builders who had failed to begin construction on sites handed over to them over a decade ago. In total, the industrial authority reclaimed 2.2 lakh square metres from private developers and issued a forfeiture order for Rs 27.3 crore in […]
After lying dormant for ten years, YEIDA reclaims plots from firms.more
Sanjay Pandey, Mumbai Police Commissioner, announced on March 29 that builders will be required to post bonds to ensure that noise pollution at city construction sites does not exceed prescribed limits and hours. During a Mumbai Press Club event, he also stated that, based on the responses he has received, Mumbai residents consider noise pollution […]
According to the Mumbai police commissioner, builders will be required to provide noise pollution mitigation bonds.more
On March 11, D B Realty announced that its joint venture partner DBS Realty had received a letter of acceptance from the Municipal Corporation of Greater Mumbai (MCGM) to build 4,000 tenements. “In response to the firm’s online e-offer/online e-tender, DBS Realty, a partnership firm in which D B Realty Ltd is a one-third partner, […]
MCGM approves DB Realty’s partnership firm to build 4,000 apartments.more
DLF announced on March 14 an investment of nearly Rs 550 crore to build a 1 milion sq.ft. office building for Standard Chartered Global Business Services’ world’s biggest campus globally. Tamil Nadu Chief Minister M K Stalin set the basis for the ‘DLF Downtown’ office campus in Taramani, Chennai. In October 2020, DLF will hand […]
DLF will invest Rs 550 crore to build a 1million sq.ft. office for Standard Chartered in Chennai.more
The Confederation of Real Estate Developers’ Association of India (CREDAI), the apex association of private developers, on March 12 announced to increase the rates of flats and villas by 10-15% owing to the increase in the cost of raw materials. The new plans would go into effect on April 1. Dhirendra Madan, President of CREDAI-Rajasthan, […]
Rajasthan: Flat prices will rise by 10-15% starting April 1st.more
Following the Gujarat High Court’s order to take strict measures against those who violate building bylaws, state officials sealed 40 highrise buildings across the state due to a lack of valid building use permission. Last month, fire department granted No Objection Certificates to 43 hospitals and 69 schools. The state department of urban development and […]
40 high-rise buildings have been sealed due to a lack of BU approval, according to the government.more
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
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
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
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
