Category: News Launches

Certus Capital invests Rs30 crore in a Prabhadevi housing project.

November 28, 2022

Certus Capital’s digital neo-financing platform Earnnest.me has decided to invest over Rs30 crore in a premium boutique residential development of real estate developer EON Group in Mumbai’s Prabhadevi neighborhood. The investment with EON Group is part of Certus Capital’s strategy to deploy approximately Rs 500 crore in senior secured real estate credit deals through Earnnest.me […]

Certus Capital invests Rs30 crore in a Prabhadevi housing project.more
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Haryana architects can now issue OCs for houses in plotted colonies.

November 18, 2022

GURUGRAM: The DTCP has decided to allow appointed architects to issue occupancy certificates (OCs) for plotted houses in licensed colonies. The change is intended to expedite and simplify the process of obtaining an OC for homeowners. It has, however, raised concerns about architects being duped into issuing the papers and violations such as illegal extensions […]

Haryana architects can now issue OCs for houses in plotted colonies.more

According to British Land, a disinterest in purchasing property has a negative impact on valuations.

November 17, 2022

BENGALURU: The rapid rise in borrowing costs, according to British Land Co, has reduced investors’ appetite for property acquisitions, causing valuations to fall in the first half. The UK commercial property sector’s tentative recovery from pandemic lows is being suffocated by aggressive interest rate hikes to tame inflation and deepening recession fears. British Land, the […]

According to British Land, a disinterest in purchasing property has a negative impact on valuations.more

Ludhiana residents are fighting for NOCs, and a building plan has been approved.

November 16, 2022

LUDHIANA: Despite several claims made by municipal corporation (MC) officials here, people continue to struggle to obtain no-objection certificates (NOCs) for plot regularisation, building plan approvals, and change of land use certificates. Building construction is prohibited without building plan approval, and NOCs are required for the sale or purchase of any property, particularly in unauthorized […]

Ludhiana residents are fighting for NOCs, and a building plan has been approved.more

DTCP wants the leases of Raheja Developers and Brisk Infrastructure to be terminated.

November 14, 2022

GURUGRAM: Because they failed to pay for structural audits of their city-owned residential societies, the town and country planning department (DTCP) has recommended that all projects by two developers be barred from registering sale and lease deeds. District town planner Amit Madholia wrote to deputy commissioner Nishant Yadav, despite repeated reminders that Raheja Developers and […]

DTCP wants the leases of Raheja Developers and Brisk Infrastructure to be terminated.more

Revenue officials cite obstacles to carrying out MahaRERA orders.

November 2, 2022

PUNE: The state’s revenue officials have cited difficulties in enforcing Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant orders, with developer properties to be auctioned either on lien or rent or already mortgaged to financial institutions. Authorities are working hard to ensure that nearly 751 recovery warrant orders are carried out and that homebuyers receive […]

Revenue officials cite obstacles to carrying out MahaRERA orders.more

In Noida, a deputy registrar’s office will be established soon.

November 1, 2022

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
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CBRI develops a ‘low-cost’ smart face mask for construction workers.

October 31, 2022

ROORKEE: Researchers at the Central Building Research Institute (CBRI) in Roorkee have created a battery-powered smart face mask for construction workers. The low-cost smart face mask, they claim, will keep dust out of the eyes of workers suffering from asthma, lung infections, or other pulmonary diseases. According to the researchers, the smart face mask provides […]

CBRI develops a ‘low-cost’ smart face mask for construction workers.more

Housing demand in India is up 7.3% year on year, while supply is up 6%.

October 29, 2022

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
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Tamil Nadu will investigate the possibility of collaborating on housing projects with Singapore.

October 19, 2022

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