Category: Property Updates

Bombay HC: There is no development fee for projects built on government land.

October 21, 2022

MUMBAI: On Thursday, the Bombay High Court ruled that a Maharashtra town planning law does not exempt developers from paying development charges for projects on civic or government land, including redevelopment. The legislation was never intended to allow a developer or any third party seeking to redevelop a plot owned by a public body or […]

Bombay HC: There is no development fee for projects built on government land.more

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

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

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

Bombay HC Raps BMC on ‘Keep a Distance from Builders’.

October 3, 2022

Tenants of the former Janki Bhuvan, which was taken up for redevelopment by Sanghavi Grih Nirman Pvt Ltd in 2009 but was never completed, filed a high court petition. MUMBAI: After seeking permission to evict tenants and demolish a temporary transit building in Prabhadevi, the Bombay High Court warned the BMC to avoid builders. On […]

Bombay HC Raps BMC on ‘Keep a Distance from Builders’.more

Growing demand for modular kitchens in the Real Estate Sector and factors responsible.

October 1, 2022

Written by: Mr. Dhruv Trigunayat; CEO of Ultrafresh Modular Solutions Limited. The new age home buyers are tech-savvy, appreciate fine living, and are high-income individuals who prefer a luxurious blend of extravagant house designs with modern amenities. To cater to their altering requirements aligned with the latest home interior trends, modern home buyers always look […]

Growing demand for modular kitchens in the Real Estate Sector and factors responsible.more

Noida: A structural audit policy for high-rise buildings will be developed soon.

September 30, 2022

Residents’ groups who attended the meeting suggested that, because auditing is costly, a survey be conducted first in all high-rise apartments to identify buildings that require auditing. NOIDA: On Wednesday, a committee formed to develop guidelines for a structural audit policy for high-rise apartments in Noida met. Residents’ groups who attended the meeting suggested that, […]

Noida: A structural audit policy for high-rise buildings will be developed soon.more

Category: Property Updates

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