Category: Project

Entities involved in Land Banking and its effect on the real estate sector.

November 12, 2019

Land banking consists of aggregating the plots or land blocks for future sales or construction at current or below-market rates. A land aggregator aggregates land-based on social infrastructure and demographic factors by monitoring the geographical and topological locations that are ready for investment. The land usually originates in an unprepared format to the aggregator, whereby the land […]

Entities involved in Land Banking and its effect on the real estate sector.more

Oshiwara District Centre will be the next business hub in the line of BKC.

As a next central business area on the route of Bandra Kurla Complex (BKC), MMRDA is quickly developing the Oshiwara District Center (ODC). ODC aims to offer high quality residential, commercial and retail spaces, situated strategically between Goregaon and Andheri-Lokhandwala, with the new technological facilities, spread over 160 acres. ODC is intended to develop as […]

Oshiwara District Centre will be the next business hub in the line of BKC.more

Construction workers in Maharashtra will receive smart cards from 2020.

November 11, 2019

In order to assure the safety and security of construction workers on the site, online registration and allocation of smart cards would be started in Maharashtra by next year. The labour welfare board will set up 41 centres across the state to allow workers to register themselves without any problems. Till now Aurangabad, Jalna, Worli, […]

Construction workers in Maharashtra will receive smart cards from 2020.more

Delhi-NCR projects may get delayed by three months due to the construction ban.

Based on the ban on construction activities in the city to tackle air pollution, builders have stated that home buyers waiting to take possession of their dream house in Delhi-NCR will need to wait for three more months. The Environment Pollution (Prevention and Control) Authority, (EPCA) had enforced construction ban on last Tuesday, until Monday, […]

Delhi-NCR projects may get delayed by three months due to the construction ban.more

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.

November 9, 2019

India Ratings and Research said in their reports that the home buyers will be benefited that are awaiting possession of their homes, by the India government’s decision to set up a Rs 25,000 crores fund to provide a priority for debt financing to complete stalled housing projects. The Fund would provide an alternative outlet to net-worth-positive […]

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.more

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.

Over 75,000 homebuyers of Amrapali, Jaypee Infratech and Unitech will not be eligible for support from Rs 25,000 crore stress funds in the National Capital Region, because of numerous conditions applied by the government under the scheme, said homebuyers and industry players. “Maybe these three players are not qualified, but the property sector is beyond […]

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.more

Traffic Police intend to slow down speeding vehicles by painting ‘3D’ zebra crossings.

November 8, 2019

The city traffic police intend to paint zebra crossings on various roads producing a three dimensional (3D) effect and prompt slowing down drivers. The 3D zebra crossing produces a floating effect as an optical illusion. The motorists presume that there are boxes ahead and that speed is decreased as the junctions approach. In many European countries, these […]

Traffic Police intend to slow down speeding vehicles by painting ‘3D’ zebra crossings.more

66% of Real Estate Transactions are still carried-out through cash; post demonetization.

The electronic transactions are on the rise Three years after Narendra Modi in a national address banned Rs 500 and Rs 1000 currency notes but many people still prefer cash transactions than digital transactions, according to a survey. The survey also revealed that following the demonetization of currency notes black money continues to dominate the real estate […]

66% of Real Estate Transactions are still carried-out through cash; post demonetization.more

Mumbai Officials claim to have achieved 70% of potholes complaint under Pothole Challenge 2019.

November 7, 2019

It was an exercise in public relations fraught with potential pitfalls. But the BMC seems to be sitting nicely at the end of the seven-day #PotholeChallenge2019—the corporations claim to have fixed nearly 70% of their complaints about potholes and also decide to call up all of their complainants and confirm that their concerns are dealt with ‘Satisfaction’. The […]

Mumbai Officials claim to have achieved 70% of potholes complaint under Pothole Challenge 2019.more

The cabinet opens Rs 25,000 crore window for projects that are on hold.

In order to reactivate the main industry, also to boost the economy and to provide aid to home buyers, the cabinet approved Rs 25,000-crore special windows to finance housing projects that are stalled. The money will be available for projects that are “net worth positive,” FM Nirmala Sitharaman said. There will be potential distribution to […]

The cabinet opens Rs 25,000 crore window for projects that are on hold.more

Category: Project

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