Category: Infrastructure

GHMC launches online portal to sell TDR certificates.

February 8, 2020

On February 6, the Greater Hyderabad Municipal Corporation (GHMC) launched an online portal to support the sale of TDR. It has features like the issue, use, sale of TDR certificates and existing certificates data. The site is recognized as TDR Bank. It was initiated by KT Rama Rao, Minister of Municipal Administration and Urban Development […]

GHMC launches online portal to sell TDR certificates.more
NRI Investment

High Court imposes ban on NRIs from purchasing residential property in India.

February 7, 2020

The High Court of Madras proposed that non-resident Indians should be banned from buying homes in India, speculative sales should be prohibited, and a 100% additional stamp duty on purchases of second homes should be imposed. As party respondents, the Court itself impleaded the Union housing and finance ministries. We also asked questions about the […]

High Court imposes ban on NRIs from purchasing residential property in India.more
Construction

Developers are providing an extended warranty to retain customer confidence.

February 3, 2020

Real estate is one of those industries where product assurance remains in question until the Real Estate (RERA) Act (Regulation and Development) made it mandatory for all projects in 2017. In some of the major real estate markets, quality construction is still a value proposition, with buyers willing to pay a premium, for return for […]

Developers are providing an extended warranty to retain customer confidence.more
Developer reducing in India

Budget 2020 lacks to resolve major issues faced by the realty sector.

Real Estate developers and property consultants shared their disappointment about the Budget for the next fiscal and said they did not address the sector’s tremendous liquidity problem and gave no significant opportunities to raise slow housing sales. “The budget direction is incremental but the sector-specific measures for the real estate sector are not in effect,” […]

Budget 2020 lacks to resolve major issues faced by the realty sector.more
Budget

Budget 2020: How it will benefit the real estate segment?

February 2, 2020

Budget 2020 has given the real estate industry and the common man many surprises. Many demands were anticipated from the real estate sector in the 2020 budget, but only a few received the attention of the minister of finance. Let us check some of the main budget announcements and their effect on the real estate […]

Budget 2020: How it will benefit the real estate segment?more
Nirmala Sitharaman

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.

February 1, 2020

Finance Minister Nirmala Sitharaman today introduced a new discretionary personal income tax regime and unveiled a multibillion-dollar farm, infra and healthcare package to boost the country’s economy. Emphasizing capacity building and empowering oppressed sections of the society while preserving the creators of wealth, Sitharaman said this budget would improve people’s income and purchasing power. Finance […]

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.more
Ashiana logo

Ashiana Housing opens up conversation on a wholesome upbringing

January 29, 2020

National, January 28, 2020 – Ashiana Housing, one of the pioneers in developing concept homes in India, has launched a new campaign to promote its three kid centric projects which are part of their ‘India’s First Kid Centric Homes’ offering. The campaign, conceptualised and executed by Dentsu India, includes three films and various digital assets. […]

Ashiana Housing opens up conversation on a wholesome upbringingmore
MMRDA

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.

Thirty years is a short time in a rising metropolis and as the commercial hub of the Bandra-Kurla Complex became a hotspot, MMRDA decided to make it more lucrative by preparing a cosmopolitan development of taller buildings, and greener spaces. A master plan to construct 28 commercial and 10 residential buildings in BKC’s E Block […]

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.more
Smart city mission

Government to issue a list of “Smart Cities” in June 2020.

January 28, 2020

The Smart Cities Mission will complete its five years of implication and the central government is going to publish a report card in June, consisting of 100 chosen smart cities into three categories – ease of living, municipal performance index and climate. It will allow cities to plan better and move towards data-driven governance, which […]

Government to issue a list of “Smart Cities” in June 2020.more
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

Lawyers will provide legal assistance to the distressed homebuyers for free.

Maharashtra Real Estate Regulatory Authority (MahaRERA) lawyers decided to provide home buyers with free legal consultancy and support in court from February 1. The Bar Association-run Legal Aid Cell advocates will serve those in need of help in the logjam between builders and homebuyers. The members have held several seminars to raise awareness about the […]

Lawyers will provide legal assistance to the distressed homebuyers for free.more