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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
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

In the second quarter of FY23, ACC reported a net loss of Rs 87.32 crore.

October 18, 2022

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
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Greater Noida: 25 construction projects are illegally extracting groundwater.

October 12, 2022

A National Green Tribunal (NGT) team discovered that 25 building projects in Greater Noida were extracting groundwater without government permission. The committee, which included the Noida district magistrate and officials from the state and central pollution control boards, was formed in July in response to allegations that 63 projects owned by 40 different builders were […]

Greater Noida: 25 construction projects are illegally extracting groundwater.more

In Lucknow, Rs 80 crore in house tax evasion has been discovered in three years.

October 10, 2022

LUCKNOW: Property tax evasion in the city totaled Rs 80 crore over the last three years, according to a Geographical Information System (GIS) survey commissioned by the Lucknow Municipal Corporation (LMC). According to the survey, approximately 3.26 lakh new homeowners who built their homes in the last two years have not registered for property tax. […]

In Lucknow, Rs 80 crore in house tax evasion has been discovered in three years.more
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In the DHFL case, the ED searched the premises of Orbit Ventures and others.

October 7, 2022

MUMBAI: In a money laundering case related to the DHFL loan fraud case, the Enforcement Directorate (ED) searched six premises on Thursday, including Rajen Dhruv’s Orbit Ventures. Kapil Wadhawan and his brother Dheeraj Wadhawan aka Baba Dewan, both former DHFL promoters, are accused of diverting a portion of the fraud money to Orbit Ventures in […]

In the DHFL case, the ED searched the premises of Orbit Ventures and others.more
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A “Record of Rights” for 21,000 villagers has been completed, & one lakh people will benefit.

October 6, 2022

INDORE: The Indore district administration has begun distributing legal ownership of property—Record of Rights (ROR)—under the Svamitva Scheme, based on its drive to compile a database of “original owners” of residential plots in 553 villages. The Svamitva scheme, according to ADM Abhay Bedekar, aims to provide RoR to household owners who own houses in inhabited […]

A “Record of Rights” for 21,000 villagers has been completed, & one lakh people will benefit.more

Greater Noida: Residents of Himalaya Pride claim that Tower E obstructs the walkway.

October 4, 2022

Residents of the Himalaya Pride society in Greater Noida claim that the builder obstructed their walkway, added two floors between towers A and B and renamed it tower E. As a result, they must walk an extra 100 meters per day. While officials await a ground report, they have filed a complaint with the Greater […]

Greater Noida: Residents of Himalaya Pride claim that Tower E obstructs the walkway.more


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