Category: Residential property

Prime Minister speaks about the rapid construction of PMAY houses during the pandemic period.

September 12, 2020

Prime Minister Narendra Modi stated on Saturday that the average housing construction time for the Pradhan Mantri Awas Yojana (PMAY-Gramin) were 45 to 60 days against 125 days at the time of the pandemic, as migrant workers returned home during lock-down and contributed towards it. He said that under the PMAY, during the coronavirus phase, […]

Prime Minister speaks about the rapid construction of PMAY houses during the pandemic period.more

The new real estate hotspot, Hyderabad Pharma City (HPC).

September 8, 2020

The new real estate hotspot of the city is a 30-km stretch along the Srisailam Highway— 45 minutes from Gachibowli. Reason: the Hyderabad Pharma City (HPC). Although this large ticket business has been underway in Dasara for sometimes, government officials have confirmed it is finally being routed. This led to major activities along the highway, […]

The new real estate hotspot, Hyderabad Pharma City (HPC).more

GMDA initiates Geographical Information System to prevent land scams.

September 1, 2020

In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]

GMDA initiates Geographical Information System to prevent land scams.more

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).

August 31, 2020

Soon, students in Gujarat and those coming from other states will be likely to take advantage of rental homes at a much cheaper price than the market price. The Gujarat Government is expected to announce its latest Affordable Rental Housing Complex (ARHC) scheme within a week or two. Under the ARHC program, the organization is […]

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).more

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

August 29, 2020

ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]

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

Design Thinking: A Step Up For Entrepreneurs

A journey from an Entrepreneur to an Artrepreneur !! Entrepreneurship is a marathon and when one starts thinking entrepreneurial, the marathon gets even better. From professionals to Entrepreneurs and now Artpreneurs, here is an inspiring story of a few young minds from Mumbai, India. Background ‘ASA’ is an established Architecture and Interior Design Studio formed […]

Design Thinking: A Step Up For Entrepreneursmore

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.

Recognised for exemplary collaboration with Singapore firmsin India and Indonesia Singapore, 28 August 2020 – CapitaLand has received the top SGBuilds Star Award by the Building Construction Authority of Singapore (BCA) for the Group’s exemplary collaboration with Singapore firm L&W Construction Private Limited (L&W) to develop International Tech Park Pune, Kharadi (ITPP-Kharadi) in India. CapitaLand […]

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.more

Government reduces stamp duty charges from 5% to 2% in Maharashtra.

August 26, 2020

The Maharashtra government agreed to temporarily cut the stamp duties on houses from 5% to 2% until December 31 in an effort to improve the declining real estate sector due to the coronavirus outbreak. The government said in a statement that the stamp duty on homes would be 3% from 1 January until 31 March. […]

Government reduces stamp duty charges from 5% to 2% in Maharashtra.more

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.

August 24, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.

August 19, 2020

The government stated on 18 August, that Gujarat Chief Minister Vijay Rupani authorised the development of 70 floors or higher buildings for five key cities. In compliance with the new law, for tall structures in the state, the highest legal cap was 23 floors. The state government now proposed to amend the General GDCR (General […]

Gujarat recent law allows the construction of skyscraper buildings in top 5 cities.more

Category: Residential property

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