Category: Housing Socieites

Construction sites with up to 10 workers do not need permission to operate.

April 27, 2020

On April 26, the Haryana government said small residential industrial construction sites employing up to 10 workers, within the Municipal Corporation, municipalities, and rural areas, do not need permission to operate during the lockdown. A letter was issued by the Haryana Labour Department to the administrative secretaries, to the division commissioner and to the deputy […]

Construction sites with up to 10 workers do not need permission to operate.more

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.

April 25, 2020

A representative of homebuyers in Greater Noida, the Noida Extension Flat Owners Welfare Association (NEFOWA) urged builders not to increase maintenance charges in the housing society during the lockdown. When a few developers in the area increased maintenance prices, the Association wrote to the Confederation of Real Estate Developers Association of India. Eros Group, which […]

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.more

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.

April 24, 2020

The central government is seeking to take a leaf out of the drone survey carried out by the state government to map housing in rural areas and replicate it across the country. Last year, the first survey of state property using Unmanned Aerial Vehicles (UAVs) was conducted at Sonori village in Pune District to map […]

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.more

LIC Housing Finance cuts its housing loan rates to 7.4%.

April 23, 2020

LIC Housing Finance (LIC HFL) has reduced its interest rates with immediate impact for individual home loan borrowers, the firm said in a media release. For any amount of loan, the interest rate for new customers with CIBIL score of 800 or more is 7.5%. If the customer assigns new/existing single premium term insurance policy […]

LIC Housing Finance cuts its housing loan rates to 7.4%.more

The emergence of sustainability in the ambit of Real Estate

April 22, 2020

Written by Mr Apurva Gupta, Chief Marketing Officer, Rivali Park CCI Projects India’s escalating residential sector is one of the highest suppliers to the country’s total carbon releases that is to account for 22% of India’s over-all annual carbon releases. Buildings account for up to forty percent of the whole energy consumption in India, of which […]

The emergence of sustainability in the ambit of Real Estatemore

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.

April 20, 2020

Motilal Oswal Real Estate (MORE) raised Rs 1,150 crore from high net worth individuals for its fourth realty fund to invest in housing and commercial ventures around six major cities, a senior company official stated. The fundraising exercise for the India Realty Excellence Fund IV (IREF IV) started in September 2018, and a pledge of […]

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.more

India’s Biggest Online Indian Property Expo 2020

April 17, 2020

WHY ONLINE INDIAN PROPERTY EXPO? Online Indian Property Expo is a great way to engage with participants and reach a larger market segment. Online Indian Property Expo save your expenses of a traditional trade show like participation, travelling, visa, have a designer stall, staffing, printing and give a ways, while still putting your business in […]

India’s Biggest Online Indian Property Expo 2020more

Mumbai and Pune city may not get the relief benefit for the construction projects.

The updated guidelines for ongoing construction projects provided by the Center on April 15 have come as a significant relief to the builders as workers stationed at such sites are now able to begin construction work. The updated guidelines, however, also confirmed that such work cannot be performed in places designated as COVID-19 hotspots. Mumbai […]

Mumbai and Pune city may not get the relief benefit for the construction projects.more

X BKC project promoter declines to pay rent by citing force majeure clause.

April 14, 2020

Invoking the force majeure clause in the context of the COVID-19 lockdown, the promoters of the X BKC project in Kala Nagar, Bandra requested MIG Colony’s original tenants not to deposit their cheques for the May-June period. Citing financial problems and bad market conditions, MIG (Bandra) Realtors and Builders Pvt Ltd, part of the DB […]

X BKC project promoter declines to pay rent by citing force majeure clause.more

Home Ministry permits 15 industries to start their work with social distancing norms.

April 13, 2020

Two days until the slated end of the lockdown, the government has enabled more than 15 types of industries to begin their work on a single shift basis with minimal manpower and distancing norms. These involve large electrical goods such as transformers and circuit vehicles, telecom equipment and components like fibre optic cable, compressor and […]

Home Ministry permits 15 industries to start their work with social distancing norms.more

Category: Housing Socieites

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